Wendell Cox Blames Planners for Housing Crisis

Smart Growth opponent Wendell Cox clamors that land use regulations imposed by Smart Growth exacerbate the ongoing housing woes.

Matthew Strozier of the Wall Street Journal covers a report by Cox for the National Center for Policy Analysis, in which Cox argues that "[t]he housing price bubble was concentrated in areas with restrictive land use policies."

Strozier summarizes the report: "Mr. Cox argues that the housing bust was concentrated in 'prescriptively regulated' areas, or those with extensive barriers to development. These differ from 'responsively regulated' metro areas, which allow development to meet demand."

Patrick Phillips of the Urban Land Institute is brought in to represent the pro-smart growth side. He says, "...it's specious to pin the housing bubble on smart growth."

Full Story: Did Smart Growth Fuel the Property-Price Boom?

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!

City Coasters

Hand-drawn engraved maps of your favorite neighborhoods are divided up across 4 coasters making each one unique.
$36.00
T-shirt with map of Chicago

Show your city pride

Men's Ultrasoft CityFabric© tees. Six cities available.
$23.00