This report highlights the financial stress facing teachers in regions of fast economic growth and high property values. Teachers in the San Francisco Bay Area report far greater financial anxiety [...]
Housing affordability has become the main policy challenge for most large cities in the world. Zoning, rent control, housing vouchers, and tax credits are the main levers employed by policy [...]
The paper estimates a simultaneous equations model of housing price inflation 1975-1978 for a cross-section of 51 metropolitan areas...One of the major sources of inflation is shown to be a [...]
Housing prices vary widely from market to market in the United States. The purpose of this study is to analyze the determinants of housing prices, with a particular focus on [...]
The Portland, OR, region has had a strong urban growth boundary (UGB) since 1979, so observers have focused on the relationship between its UGB and home prices, which rose sharply [...]
For more than a century, educated cities have grown more quickly than comparable cities with less human capital. This fact survives a battery of other control variables, metropolitan area fixed [...]
Approximately 60 percent of U.S. cities with more than 25,000 residents now impose impact fees to fund infrastructure needed to service new housing and other development. In 89 jurisdictions selected [...]
Metropolitan areas with more fragmented government structures—many small suburbs—are more likely to have stringent development restrictions, which reduce the elasticity of supply of housing, than are other metropolitan areas. MSAs [...]
This chapter investigates spatial variations in prices over the boom-bust cycle of housing markets both within and across urban areas. It considers the role of a new supply proxy--commuting time--in [...]
The total cost of regulation amounts to about forty percent of the cost of housing across the various price segments in all of San Diego County...This study indicates that approximately [...]