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Campaigns to address high housing costs by reforming urban planning to allow more housing have had some notable successes, but they continue to face considerable opposition. Proposals often involve top-down preemption of municipal zoning decisions by higher authorities such as state...
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This paper has explored the stringency of land-use regulation in US cities, focusing on building heights. Substantial …
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of each land regulation and calculate the reduction of housing supply elasticity using micro-data of land transactions … 0.750 (inelastic), a decrease of more than 30%. Among them, the marginal effect of land use regulation is higher than … marginal effect even higher than land use regulation …
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