Bryan Caplan on Build, Baby, Build: The Science and Ethics of Housing Regulation

In this podcast, Bryan Caplan discusses his book "Build Baby Build," where he highlights the detrimental effects of housing regulations on the US economy. He argues that excessive regulations limit housing supply, causing prices to soar well above production costs. This situation worsens inequality, hinders social mobility, contributes to homelessness, and even affects birth rates and political divisions. Caplan suggests that deregulation could be a viable solution, addressing common concerns with sound economic reasoning and asserting that many perceived drawbacks are exaggerated or rooted in misunderstandings of supply and demand. Ultimately, he advocates for a significant reduction in housing regulations to enhance societal well-being.