Indian-American. VP of Research & Chief Economist at Center for Public Enterprise. Macro + Finance + Industrial Policy + Decarbonization + Grids + Investment
https://publicenterprise.org/author/chirag/
Chirag Lala
Loading...
Jake Grumbach
Closing the housing supply gap will require sustaining higher investment levels for years to come.
To take full advantage of YIMBY reforms, we must once again derisk multifamily construction! CPE released a new report that draws on past American successes.
publicenterprise.org/report/raisi...
we recently made the switch to electric (finally) ourselves and I absolutely adore the Ioniq EV9. It's also true for road trips (youth basketball tournaments in central PA) it takes a bit more thinking/planning. But, after a few of those you get completely used to it and it's smooth sailing.
Chirag Lala
Chris Hayes
very proud of newly minted PhD @cthelala.bsky.social who successfully defended his thesis this afternoon!
Chirag is a brilliant strategic thinker who is a joy to work with; finishing a thesis is not easy esp. w/ work & life & he made it happen
v. sweet of @publicenterprise.bsky.social to show up!
I love this analogy. Regulatory reform is vitally important to expand capacity. But we need to pair it with federal investment policy to actually fill that capacity.
We’ve done it before, and we can do it again.
Lenore Palladino
IMO we should stop saying “developers only build for profit” when we mean firms or their investors have an insufficiently high risk tolerance for more capex.
Latter accounts better for the challenge, derisking solutions, and political hurdles to public sector risk appetite.
The “profit motive” really isn’t the enemy when it comes to investment. It’s almost always a signal of some other problem: the availability of finance, insufficient infrastructure, demand certainty!
And the public sector may not need profits…but it has de facto hurdle rates!
Chirag Lala
Chirag Lala
I emphasize these because they were *choices.* That they were hard to prioritize or build coalitions for or otherwise focus on (even by committed actors) does not change that characterization.
Latest audiobook endeavor is Max Hastings’ Catastrophe 1914. I read it partly for the topic and partly because Simon Vance narrates.
Exactly. Good policy can be undone by the totality of governance. For ex. integrated trade was hurt by repeatedly poor fiscal + monetary choices from 1990 - 2020. Cheaper consumer goods took the blame for insufficient housing supply growth and (esp in the US) maliciously terrible healthcare policy.
Chirag Lala
Chirag Lala
Chirag Lala
publicenterprise.org
Raising the Housing Investment Level, Part II: The History and Future of Multifamily Investment Policy
