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Patrick Collison

CEO · Stripe

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30
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3
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2
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0

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What Patrick said.

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03 / prediction

These two guys Hsieh and Moretti published an updated version of a previous paper this summer putting forward a model showing that if you look at the zoning restrictions that existed in the Bay Area and New York between 1964 and 2009, and you imagine a counter-factual world where there was much more supply elasticity in these places and we built way more homes here in the Bay Area and in New York.

“These two guys Hsieh and Moretti published an updated version of a previous paper this summer putting forward a model showing that if you look at the zoning restrictions that existed in the Bay Area and New York between 1964 and 2009, and you imagine a counter-factual world where there was much more supply elasticity in these places and we built way more homes here in the Bay Area and in New York.”
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