Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (62830)	4/26/2005 11:28:44 PM
From: gpowell	of 74559

It'd be a great topic in public choice theory. As for career options, I know a couple of economists who consulted for a large housing developer faced with the possibility of price controls by a local redevelopment agency. Their study was influential in convincing the authority that in the long run such policies would result in higher home prices (and any benefit from these programs accrue mainly to a few lucky lottery winners). The developer netted an extra $500,000,000 in revenue as a result.

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