Comprehensive road pricing through tolls and congestion charges could play a major role in reducing housing prices and sprawl, according to a new study.
"An elaborate modeling of housing prices and traffic congestion in cities across the US concludes that financing roads with comprehensive congestion priced tolls rather than taxes rather would provide major benefits in reducing housing prices and sub-optimal densities - 'sprawl' - as well as reducing the familiar delays and uncertain travel times. Moving to tolls or other direct road use charges will significantly improve overall welfare, economic efficiency and standards of living, the study says. Authors are Ashley Langer University of California Berkeley and Clifford Winston, Brookings Institution. The study is reported in Brookings-Wharton Papers on Urban Affairs 2008.
It's a complex work. The methodology attempts to model the effects of congestion pricing on home location decisions, home prices and density. It allows for changes in land use and density, but sets limits to density permitted. Existing congestion conditions in various metro areas are fed into the model, and an array of different values of time saved provided for. The model differs from earlier ones in that it allows for that heterogeneity of values of time saved rather than assuming people are the same and using an average.
The model allows for the fact people will sort into commute distances inversely with their value of time, so different people will react differently to congestion pricing and gain different benefits.
The overall effect of comprehensive road pricing managed for free flow is likely to be decreased housing prices, higher density living especially in middle suburbs. Pricing encourages people to live somewhat closer to their work."
FULL STORY: Urban tolls would reduce cost of housing, provide major social benefits study shows

The Right to Mobility
As we consider how to decarbonize transportation, preserving mobility, especially for lower- and middle-income people, must be a priority.

Early Sharrow Booster: ‘I Was Wrong’
The lane marking was meant to raise awareness and instill shared respect among drivers and cyclists. But their inefficiency has led supporters to denounce sharrows, pushing instead for more robust bike infrastructure that truly protects riders.

Push and Pull: The Link Between Walkability and Affordability
The increased demand for walkable urban spaces could make them more and more exclusionary if cities don’t pursue policies to limit displacement and boost affordability.

Tacoma Developing New Housing Policy
The city’s Home in Tacoma plan is designed to address the region’s growth and rising housing prices, but faces local backlash over density and affordability concerns.

Green Alleys: A New Paradigm for Stormwater Management
Rather than shuttling stormwater away from the city and into the ocean as quickly as possible, Los Angeles is now—slowly—moving toward a ‘city-as-sponge’ approach that would capture and reclaim more water to recharge crucial reservoirs.

Orange County Project Could Go Forward Under ‘Builder’s Remedy’
The nation’s largest home builder could receive approval for a 530-unit development under an obscure state law as the city of La Habra’s zoning laws hang in limbo after the state rejected its proposed housing plan.
Town of Palm Beach
Texas A&M AgriLife Extension
York County Government
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
Harvard GSD Executive Education
City of Fitchburg, WI
City of Culver City
Sonoma County Transportation Authority
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.