Housing Affordability Spiral in Growing Metro Areas

Models the feedback loops between housing costs, migration patterns, and wage dynamics in high-growth cities.

Key findings

• Zoning reform produces measurable affordability improvement only after a 3-5 year construction lag.
• Wage growth in tech sectors amplifies housing costs 1.8x faster than general inflation.
• Inclusionary zoning above 15% triggers developer exit that reduces total housing supply.