Zoning regulations and 1990s land-use regulations have contributed substantially to the dramatic increase in real housing costs since the 1970s-80s; the Shiller Index shows housing prices were flat from the late 1800s until the 1970s, then began a sharp upward trajectory
causalpending
Speaker
John HartleyEvidence Quote
“Shiller index... basically flat from like the late 19th century... up until like the 1970s and 80s, and it's just on a total upward trajectory”
Source
Global Macro Investing And Geoeconomics With Hedge Fund Investor Kyle Bass | Hoover Institution— Hoover InstitutionCreated: 8/11/2026, 7:32:16 AM
My Notes
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