Land development belongs with climate change in the category of "super-wicked" environmental problems - that is, problems of extreme complexity that seem almost impossible to solve. Yet, to date, land development has not been granted that status in law and policy literature. Rather, scholars...

Housing rents and home prices in many areas of the nation, including Florida, have increased much faster than the cost of construction since the 1990s, squeezing the household budgets of middle- and lower-income families. In this study we examine local impact fees and land-use regulations in...

The paper focuses on ethical aspects related to the transfer of development rights (TDR), that is on the ethical values on which the choice to implement a TDR programme rests/should rest. In particular, the paper stresses the importance of taking the principle of equality of all citizens before...

This paper estimates the extent to which the supply of new housing is restricted by land use regulations using a panel of California cities from 1970–1995. While land use regulation is found to significantly reduce residential development, estimates from fixed effects regressions are about...

The owners of undeveloped urban land are often blamed for restricting housing supply and thereby driving up house prices in the face of increasing demand. This paper shows how greater intra-city variation in amenity values reduces competition between developers and makes delaying development...

The liberalization of the land use market has become the most pressing economic issue for the Chinese Government in recent years. The objective of this paper is to provide an overview of land market operations in China with an update of its land policies. It will first present some background...

To address the externalities that arise from local land uses, some communities in the United States have turned to Transferable Development Rights (TDRs) as a promising policy tool. TDRs separate the right to develop from the land itself, and create a market that allows those rights to be...

We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints benefit the former group via increasing property prices but hurt the latter via increasing development costs. In this setting,...