The most immediate impact of HQ2 for non-college-educated residents would most likely be higher housing costs due to increased demand from the influx of new workers. Housing is already pricey: [...]
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 [...]
Real estate returns and employment growth rates over the 1983-1997 period for forty-six major MSAs are used to examine the relationship between employment growth and real estate return. The results [...]
One of the most frustrating and contentious issues in California in recent years has been the shortage of housing. Even as 10 million people have been added to the state’s [...]
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 [...]
Effective governance of residential development and housing markets poses difficult challenges for land regulators. In theory, excessive land restrictions limit the buildable supply, tilting construction toward lower densities and larger, [...]
In this paper, we explore the transportation-land use policy connection. More specifically, we consider the question: can land use policy be used to alter transportation behavior? The answer is of [...]
We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints are interpreted as shadow [...]
Spring of 2007 will mark the 10th anniversary of the passage of Maryland’s Smart Growth and Neighborhood Conservation Initiative; an effort designed to discourage sprawl development, foster more compact communities, [...]