Local control of land-use regulation creates a not-in-my-backyard (NIMBY) problem that can suppress housing …

regularities in behavior. The first major section, on housing markets (Section 2), examines property rights, supply, demand and … Section 4, including housing subsidy systems, privatization, taxation and regulation. Section 5 concludes with a discussion of …

for allocating less land for new construction. So higher vacancy rates tend to trigger tighter restrictions on the supply … and other endogeneity concerns, we use a unique panel data set on land use regulation for 350 Local Authorities in England …

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 …

raise house prices, reduce construction, reduce the elasticity of housing supply, and alter urban form. Other research has … this chapter, we review the literature on the causes and effects of this type of regulation. We begin with a discussion of … how researchers measure regulation empirically, which highlights the variety of methods that are used to constrain …

effects of housing supply conditions throughout a metropolitan area. New units draw residents with higher incomes from the … areas. Inelastic housing supply causes price/income ratios to rise more in ZIP codes where incomes are low, and this pattern … can be used as a real-time estimate ofregional supply constraints.Where the existing housing stock is filtering upward to …

This paper has explored the stringency of land-use regulation in US cities, focusing on building heights. Substantial … closer. Using FAR as a height index, theory shows that the elasticity of the land price with respect to FAR is a proper … stringency measure. This elasticity is estimated for five US cities by combining CoStar land-sales data with FAR values from …

This study examined how planning mechanisms support affordable housing supply in Australia and overseas. In England 43 …, while more than 500 cities in the United States have inclusionary zoning or impact fee requirements to supply affordable … housing. In Australia planning systems can support affordable housing supply, but additional funding or subsidy is usually …

, parking requirements, and density restrictions—make consumers worse of by restricting choice and the supply of walkable …