region’s available housing stock to the distribution of its income. A primary hypothesized effect of large-lot zoning is that … that was attributable to anything other than the national housing bubble. Down-zoning is likely to affect the mix of … good chance these lot size regulations will bind. Such “down-zoning” often appears alongside the purchase of agricultural …

factors such as: (i) the provision of transport infrastructure; (ii) zoning policies that limit housing density; (iii … housing. We use a version of the Alonso-Muth-Mills model, calibrated to broadly match some of the features of a representative …) frictions on the production of housing; and (iv) population size. The empirical section of the paper shows that the model is …