How The Housing Bubble Affected Demographics

Economist Edward L. Glaeser takes a look at how the housing bubble has affected changing populations in the Sun Belt.

1 minute read

January 16, 2010, 9:00 AM PST

By Nate Berg


Though growth and housing availability are connected, one doesn't necessarily cause the other, according to this post on The New York Times' Economix blog.

"Booming Sun Belt cities - Atlanta, Phoenix, Miami, Las Vegas, Tampa - had the most extreme combinations of high prices and oversupply. Houston and Dallas also built plenty, but their prices stayed earthbound and as a result, they don't seem to have overbuilt. Coastal America had booming prices, but regulatory and natural limits on building restricted construction. And now we see the sharpest declines in the rate of population growth in places that had the most overbuilding.

The four states where population growth fell most in 2009, relative to statewide trends in 2000-8, were Arizona, Georgia, Nevada and - above all - Florida. These are not the states with the worst economic conditions today. (California and Michigan have that honor.) They are, however, places that had particularly extreme housing booms - measured by both quantities and prices. No one should be surprised that their population growth rates have fallen furthest."

Tuesday, January 12, 2010 in The New York Times

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Wastewater pouring out from a pipe.

Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage

Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”

April 13, 2025 - Inside Climate News

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

April 16, 2025 - Diana Ionescu

Black and white photos of camp made up of small 'earthquake shacks' in Dolores Park in 1906 after the San Francisco earthquake.

The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees

More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?

April 15, 2025 - Charles F. Bloszies

People walking up and down stairs in New York City subway station.

In Both Crashes and Crime, Public Transportation is Far Safer than Driving

Contrary to popular assumptions, public transportation has far lower crash and crime rates than automobile travel. For safer communities, improve and encourage transit travel.

April 18 - Scientific American

White public transit bus with bike on front bike rack in Nashville, Tennessee.

Report: Zoning Reforms Should Complement Nashville’s Ambitious Transit Plan

Without reform, restrictive zoning codes will limit the impact of the city’s planned transit expansion and could exclude some of the residents who depend on transit the most.

April 18 - Bloomberg CityLab

An engineer controlling a quality of water ,aerated activated sludge tank at a waste water treatment plant.

Judge Orders Release of Frozen IRA, IIJA Funding

The decision is a victory for environmental groups who charged that freezing funds for critical infrastructure and disaster response programs caused “real and irreparable harm” to communities.

April 18 - Smart Cities Dive