tag:blogger.com,1999:blog-5713178645208582139.post3521561044720278710..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Did Fed Policy Matter to Housing Prices?David Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5713178645208582139.post-20001552191850828242012-01-26T21:09:06.835-06:002012-01-26T21:09:06.835-06:00These are all demand factors (for housing). But pr...These are all demand factors (for housing). But price surges would also require supply is constrained in its ability to respond to said demand. Hence the geographically specific nature of the housing bubbles in the US (Krugman's distinction between "Flatland" and "the Zoned Zone"). Discussions of housing bubbles which leave out the supply factor strike me as being only Lorenzohttps://www.blogger.com/profile/00305933404442191098noreply@blogger.com