Conference Call: “Capital Crunch” and the U.S. Housing Supply Crisis with Laurel Kilgour

Mon, Nov 24, 2025 | 1:00 pm ET

The Capitol Forum will host Laurel Kilgour, Policy Director at the American Economic Liberties Project (AELP), for a conference call with Executive Editor Teddy Downey. The conversation will center on Kilgour’s recent paper, Capital Crunch: How the Fall of Local Finance and the Rise of Shareholder Primacy Warped Single-Family Homebuilding in America — And What to Do About It. The paper examines the structural financing barriers that have led to a steep drop in single-family housing construction and offers policy proposals to help rebuild America’s homebuilding capacity.

Join us to learn more about:

Why the U.S. is short nearly 4 million homes—and how we got here
How federal policy and capital markets squeezed out small homebuilders
The role of publicly traded builders in creating price floors and hoarding land
What federal, state, and local policymakers can do now to spur homebuilding
How Wall Street expectations and regulatory inaction have fueled the crisis

Laurel Kilgour Bio:
Laurel Kilgour is Policy Director at the American Economic Liberties Project, where she leads AELP’s team of analysts and coordinates with expert advisors and fellows to develop original research and policy briefs. An experienced attorney, she frequently writes and speaks on competition policy, financial regulation, and the court cases shaping economic liberty.

In private practice, she represented firms of all sizes – from startups to Fortune 500 companies in sectors ranging from software to pharmaceuticals. She previously served at Comar Mollé LLP and Goodwin Procter LLP, and held policy research roles with the Balanced Economy Project, the World Health Organization, and the American Association for the Advancement of Science.

The American Economic Liberties Project is a nonprofit, nonpartisan organization working to address the crisis of concentrated economic power.