WXXI AM News

Connections: Why is housing so expensive in some American cities?

Jan 2, 2020

The New York Times asks a provocative question: why are people so unhappy in some of the most ostensibly booming American places? For example, California has a strong economy and low relative unemployment. But the high cost of housing has increased commute times, and traffic is a nightmare. The state is vulnerable to the effects of climate change. What can be done?

These are complicated questions, but we focus on one particular aspect: housing and commutes. Why is housing so expensive in some places, but not others? What are the lessons for New York State? Our guests sort it out:

  • Matthew Denker, developer with LBLD Living
  • Andrew Brady, co-founder of the Rochester chapter of Conscious Capitalism
  • Robert Frank, author, economics columnist, and professor at Cornell University