Journal of Law and Economics Vol. 48, Issue 2, Pages 331-370 October 2005 HKS Authors See citation below for complete author information. Edward Glaeser Fred and Eleanor Glimp Professor of Economics, FAS Citation Glaeser, Edward L., Joseph Gyourko, and Raven Saks. "Why is Manhattan So Expensive?: Regulation and the Rise of House Prices." Journal of Law and Economics 48.2 (October 2005): 331-370.