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This paper provides an overview of land and housing market developments in modern China since 1949. Key milestones in China’s land allocation system are documented along with a description of the amazing transformation that has taken place. In particular, with the advent of transferable...
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Tall buildings are central to facilitating sustainable urbanization and growth in cities worldwide. We estimate average elasticities of city population and built area to aggregate city building heights of 0.12 and -0.17, respectively, indicating that the largest global cities in developing...
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Housing costs across the nation and in Greater Boston are rising, and many policymakers have turned to Inclusionary Zoning (IZ) in an attempt to dampen these effects on their lowest-income residents. Yet design and implementation of IZ policy remains haphazard and often is not well-grounded in...
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