This is the Cato Daily Podcast for Tuesday, May 17th, 2016. I'm Caleb Brown.

Elite Coastal Cities, Tech Hubs, and otherwise have sometimes vicious fights over how free housing

markets should be, and businesses trying to lure talented people are caught in the middle.

Tim Lee is a senior correspondent at Vox.

We spoke last week.

When it comes to housing and making accommodations

in dynamic economies, what is wrong with our elite coastal cities?

Well, our elite coastal cities have just have a lot of rules about where and how much housing

you can build.

In cities like San Francisco, you have limits. you can be have

have limits on how tall buildings can be, you have regulations

called floor area ratios to tell you know how much square footage you can

have as a function of the amount of land.

In suburbs you often have rules such as flatly prohibit.

Apartment buildings, town homes and stuff have minimum lot sizes that require single family

housing.

You have parking rules. And any one of these rules you can

make a reasonable argument for it, but when you add them all up together, the result is it's almost

impossible to significantly expand the housing supply in metro areas like San Francisco, like New York,

Washington, Boston.

How have cities like San Francisco and Oakland dealt with it?

Not very well.

...