Human Resources committee  Yes, I think you're right; there's no reason for.... It doesn't cost a million dollars to build a house, right? There is some restriction in place that's keeping prices high. The work I'm talking about is bigger-picture, I think, than some of the more direct...people in dire need.

Human Resources committee  I will definitely submit more later. I think construction is the way to go. The bigger picture I was talking about is that there are also market forces in places with a lot of economic opportunity, and it's actually regulations and restrictions getting in the way as opposed to a need for public construction, at least in the macro sense.

Human Resources committee  The building was five storeys, but each apartment would have cost more than half a million dollars—we were renting—if it was on the market, and with dozens of units on the floor, it would have been very profitable to build a sixth storey. They couldn't because of height restrictions in the city.

Human Resources committee  Hi. Thanks so much. My name is Dan Shoag. I'm an economics professor at Harvard—recently promoted to Karen's friend—and I teach urban economics and econometrics. This is my first time in Saint John. I'm honoured to be here today to talk to you about my research on the housing market, migration, and inequality.

Human Resources committee  I took a lot of guff for that. Bad interviews aside, the point is that places like New York have always been more expensive than Alabama; that's true. However, they are much more expensive relative to the poor places than they used to be. They used to be a place with 1% higher wages and 1% higher housing prices.