Tyson Dirksen

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Housing Supply and Construction Productivity: The Structural Constraint on Housing

Housing Supply and Construction Productivity The Structural Constraint on Housing Production Introduction Housing shortages are often explained through a single variable. Some observers emphasize restrictive zoning. Others focus on development capital, interest rates, or regulatory approvals. Rising construction costs are also frequently cited as the primary constraint on housing production.…
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Why Construction Labor Productivity Has Declined Since 1970

Why Has Construction Labor Productivity Declined Since 1970 While the Rest of the Economy Doubled? Introduction: The Construction Productivity Paradox Over the past half century, productivity growth has transformed much of the global economy. Manufacturing has become automated. Logistics networks have been optimized. Information technology has dramatically increased efficiency across…