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?WHY IS
RENT HIGH?
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  2. Housing costs became much more unequal across U.S. metros.
?WHY IS
RENT HIGH?
Housing and regional inequality

Housing costs became much more unequal across U.S. metros.

The 2009 distribution is wider and more right-skewed than the 1964 distribution.

FROM THE PAPERFigure 4 · Spatial distribution of housing costs
Published density curves comparing the spatial distribution of metropolitan housing costs in 1964 and 2009.

Source: Hsieh & Moretti (2019) · Figure 4; PDF p. 17

Keep in mind: The distribution is descriptive; the paper's welfare and productivity results come from a separate spatial model.

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Housing costs became much more unequal across U.S. metros.

The 2009 distribution is wider and more right-skewed than the 1964 distribution.

Source
Hsieh & Moretti (2019)
Figure
Figure 4 · Spatial distribution of housing costs · Figure 4; PDF p. 17
Keep in mind
The distribution is descriptive; the paper's welfare and productivity results come from a separate spatial model.
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?WHY IS
RENT HIGH?

Too many people are chasing too few homes. See why—and what communities can do about it.

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