5. “I find that lowering the level of [NIMBY] restrictions in California back to its level in 2000 results in a large reallocation of labor. The state’s population rises by 45%, while the income gap and house value gap between California and the rest of the U.S. falls by 3.7% and 2.7%, respectively.” From Don Jayamaha, on the job market from NYU. Updated pape
November 27, 2019
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