How Land-use Controls Influence Housing Prices

A study by economists explains how housing prices are influenced by land-use controls, zoning, and politics.

1 minute read

April 3, 2002, 8:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech

"Two economists found that demand alone did not explain the difference in prices. For starters, many fast-growing areas did not show skyrocketing house prices...The difference between the land prices is the implicit cost of all the local land-use controls, from zoning to the time it takes to get a permit. Some regulations simply raise the cost of building by slowing down the process. Others limit density, making it illegal to subdivide expensive land."

Thanks to Congress on New Urbanism

FULL STORY: Where It's Easier to Buy a Home

Thursday, March 28, 2002 in The New York Times

Housing United States

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