Property Rights and Urban Form
How do the different elements in the standard bundle of property rights, including those of possession and transfer, influence the shape of cities? This paper incorporates insecure property rights into [...]
Single-Family Zoning Reform: An Analysis of SB 1120
The COVID-19 pandemic has exacerbated California’s housing crisis by heightening social and economic inequalities, with disparate impact on those unable to perform their jobs. The strong likelihood of a prolonged [...]
Inclusionary Zoning and Housing Market Outcomes
As regions across the United States are experiencing high and rising house prices, inclusionary zoning is increasing in popularity as a tool to increase the availability of affordable housing for [...]
The Spatial Mismatch Between Innovation and Joblessness
American technological creativity is geographically concentrated in areas that are generally distant from the country’s most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American [...]
Is inclusionary Zoning inclusionary? A Guide for Practitioners
Inclusionary zoning (IZ) has become an increasingly popular tool for providing affordable housing in an economically integrative manner. IZ policies typically require developers to set aside a proportion of units [...]
Silver Bullet or Trojan Horse? The Effects of Inclusionary Zoning on Local Housing Markets
Many local governments are adopting inclusionary zoning (IZ) as a means of producing affordable housing without direct public subsidies. In this paper, we use panel data on IZ in the [...]
Housing Supply Dynamics under Rent Control: What Can Evictions Tell Us?
Measuring how rent-controlled landlords change their housing supply in response to rent increases is difficult, because new construction is automatically exempt. This paper explores evictions as a barometer for landlords' [...]
Should Law Subsidize Driving?
A century ago, captains of industry and their allies in government launched a social experiment in urban America: the abandonment of mass transit in favor of a new personal technology, [...]
Amenities, Risk, and Flood Insurance Reform
This paper provides the first, comprehensive evidence on the question of whether the subsidized flood insurance rates are needed to meet the affordability goal of the National Flood Insurance Program. [...]
Amenities, Affordability, and Housing Vouchers
An unprecedented surge in U.S. rental demand in the decade since the housing crisis has raised the specter of a rental affordability crisis, the brunt of which is borne by [...]