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Elasticity of Supply: Why Housing is Unaffordable

Principles of Microeconomics (Video) by Roman Hardgrave

Why are houses and apartments so expensive in some big cities? To an economist, the real question is, “Why is housing supply inelastic in some cities?” Alex Tabarrok explains the definition of elasticity with a simple re...

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Elasticity of Supply: Why Housing is Unaffordable is an episode from Principles of Microeconomics (Video) by Roman Hardgrave. Why are houses and apartments so expensive in some big cities? To an economist, the real question is, “Why is hous...

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Elasticity of Supply: Why Housing is Unaffordable

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