"Considerable prior analysis has gone into the study of zoning restrictions on locational choice and on fiscal burdens …. The prior work on zoning - particularly fiscal or exclusionary zoning - has provided both inconclusive theoretical results … about the level and distribution of public goods that are provided under fiscal zoning. Since fiscal issues and Tiebout …

, empirical work on housing supply outside the US is scarce. This paper considers various measures of housing supply in the …, and new housing construction in units, we derive time series of structure and location quality in a hedonic analysis. Each … run. Further analysis of the quality of location index shows that conventional models of competitive land and housing …

predominantly determined by regional housing supply and not by employment growth. Growth of the regional housing stock responds only …