Showing 1 - 10 of 113
There is a large literature in the U.S. measuring the extent and stringency of land-use regulations in urban areas and how these regulations affect important outcomes such as housing prices and economic growth. This paper is the first to present an international measure of regulatory stringency...
Persistent link: https://www.econbiz.de/10012263352
The U.S. population is becoming increasingly urban and has gradually shifted to the south and west. Policy restrictions have played a role in preventing dynamic areas expanding, and when they do expand it can be through low-density housing sprawl. Land use restrictions and a sluggish housing...
Persistent link: https://www.econbiz.de/10012420890
By combining fresh estimates of housing supply and prices with recent long-term projections for their fundamental drivers such as population, income and interest rates, this paper produces scenarios for residential investment and real house prices up to 2050. For half of the covered countries,...
Persistent link: https://www.econbiz.de/10012304426
Making housing more affordable ranks high on the policy agenda across the world. One way to achieve affordable housing is to ensure sufficiently elastic supply of the housing stock in response to demand shocks. This paper aims at disentangling policy from non-policy drivers in explaining...
Persistent link: https://www.econbiz.de/10012203177
Contemporary European urban planning policies aim to mix land uses in compact neighbourhoods. It is presumed that mixing land uses yields socio-economic benefits and therefore has a positive effect on housing values. In this paper, we investigate the impact of mixed land use on housing values...
Persistent link: https://www.econbiz.de/10011382068
Land use policy is administered at the local level in the U.S. However, many of the benefits and costs have broader spatial impacts. Thus, a lack of coordination across local jurisdictions may lead to unintended spillovers. Using historical data from the Baltimore, Maryland metro, we examine the...
Persistent link: https://www.econbiz.de/10012971081
In this work, we present a gridded dataset about land cover, population density, real estate, and transportation in 192 worldwide urban areas representing together 800 million people. While population density and land cover are secondary data extracted from the GHS-POP and the ESA CCI databases...
Persistent link: https://www.econbiz.de/10013289559
Each downtown commercial district has a different degree of mixed land use. Some commercial areas are a huge cluster with monotonous retail use, while others consists of a wide variety of land uses including residential or office uses as well. Locational factors such as proximity to other...
Persistent link: https://www.econbiz.de/10014259960
In spite of a growing recognition of the importance of supply conditions for the level and volatility of house prices, empirical work on housing supply outside the US is scarce. This paper considers various measures of housing supply in the Netherlands, where real house prices have roughly...
Persistent link: https://www.econbiz.de/10011372990
Why has job growth over the past decades been weaker in the Dutch Randstad area than in surrounding regions? In a simultaneous equations analysis, we find that employment adjusts to the regional supply of labour. Net internal migration is predominantly determined by regional housing supply and...
Persistent link: https://www.econbiz.de/10011373814