This paper develops a new approach for measuring the stringency of a major form of land use regulation, building height restrictions, and applies it to an extraordinary data set of [...]
We use metro-level variation in land and structural input prices to test and estimate a housing cost function with differences in local housing productivity. Conditioning on housing demand, OLS and [...]
Land use regulations vary in the restrictions and enforcement that applies across time and space. That variation makes it difficult to determine when land use regulations hinder the flexibility of [...]
Using new data from a survey of top local land-use officials, this paper provides a measure of both local regulatory stringency and the degree to which land constraints inhibit local [...]
We investigate the impact of land use regulation on housing vacancy rates. Using a 30-year panel dataset on land use regulation for 350 English Local Authorities (LAs) and addressing potential [...]
Zoning regulations provide benefits, but they also restrict housing supply and hence raise prices. This paper quantifies their importance by comparing prices to the marginal costs of supply at different [...]
Starcity’s target demographic makes $40,000 to $90,000 a year...Ms. Shiver, who makes about $85,000 a year, knew she could never afford a house here but moved anyway...Because of arcane permitting [...]
New York City needs lots of additional private housing, but restrictive regulations make building it difficult. The city also requires better subways and buses, but the Metropolitan Transportation Authority (MTA), [...]
And then there is displacement, fear of which looms large in the local imagination. As New York City has grown more desirable, it has experienced net population growth. While large [...]
Here’s some good news for New York City apartment-hunters: Manhattan rents dropped 3.8 percent in March from a year earlier, the most since 2011.The news is even better for tenants [...]