From:
Columbia Business School Professor Stijn Van Nieuwerburgh was quoted in The Wall Street Journal by reporters Will Parker, Rebecca Picciotto, and Nicole Friedman in an article analyzing former President Donald Trump’s new housing strategy, which emphasizes boosting demand from buyers. Van Nieuwerburgh noted that policies focused primarily on stimulating buyer activity—without meaningfully expanding housing supply—are unlikely to resolve affordability challenges. He emphasized that zoning constraints, construction costs, and limited inventory remain the dominant forces shaping housing outcomes, suggesting that demand-side measures alone may have limited impact.
