The Effects of Land Use Controls on Housing Prices

The Effects of Land Use Controls on Housing Prices
Author: Lawrence F. Katz
Publisher:
Total Pages: 66
Release: 1980
Genre: Housing
ISBN:

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"The major portion of this paper examines the impacts on housing costs of the most important types of land-use, environmental, and construction regulations - zoning, subdivision controls, growth management techniques, building codes, and environmental regulations - by reviewing the literature and presenting some simple theoretical models. A final section of this paper presents some initial empirical results of the author's research on the impact of local land-use regulations on land and housing costs in California."--Page 3

Environmental Regulations and Housing Costs

Environmental Regulations and Housing Costs
Author: Arthur C. Nelson
Publisher: Island Press
Total Pages: 289
Release: 2012-06-22
Genre: Architecture
ISBN: 1610910680

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Many communities across the nation still lack affordable housing. And many officials continue to claim that “affordable housing” is an oxymoron. Building inexpensively is impossible, they say, because there are too many regulations. Required environmental impact statements and habitat protection laws, they contend, drive up the costs of construction. But is this actually true? In a comprehensive study of the question, the authors of this eye-opening book separate fact from myth. With admirable clarity, they describe the policy debate from its beginning, review the economic theory, trace the evolution of development regulation, and summarize the major research on the topic. In addition, they offer their own research, accompanied by a case study of two strikingly different Washington, D.C., suburbs. They also include results of focus groups conducted in Dallas, Denver, and Tucson. The authors find that environmental regulatory costs—as a share of total costs and processes—are about the same now as they were thirty years ago, even though there are far more regulations today. They find, too, that environmental regulations may actually create benefits that could improve the value of housing. Although they conclude that regulations do not appear to drive up housing costs more now than in the past, they do offer recommendations of ways in which the processes associated with regulations—including review procedures—could be improved and could result in cost savings. Intended primarily for professionals who are involved in, or impacted by, regulations—from public officials, planners, and engineers to housing developers and community activists—this book will provide useful insights and data to anyone who wants to know if (and how) American housing can actually be made “affordable.”

Environmental and Public Economics

Environmental and Public Economics
Author: Wallace E. Oates
Publisher: Edward Elgar Publishing
Total Pages: 376
Release: 1999
Genre: Business & Economics
ISBN:

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In this collection of essays honoring the work of Wallace E. Oates, contributors apply his ideas and insights to a range of problems. Chapters on environmental economics assess environmental policy in today's conservative era and analyze environmental taxes, environmental federalism, and policy instruments. Chapters on public economics investigate vouchers for private schools, capitalization, and urban growth controls. Other subjects examined include intergovernmental grants in South Africa, and public pensions in the EU. The editors are affiliated with the University of Maryland-College Park, and Resources for the Future in Washington, DC. Annotation copyrighted by Book News, Inc., Portland, OR

The Economics of Zoning Laws

The Economics of Zoning Laws
Author: William A. Fischel
Publisher: JHU Press
Total Pages: 396
Release: 1987-08
Genre: Business & Economics
ISBN: 9780801835629

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Land use controls can affect the quality of the environment, the provision of public services, the distribution of income and wealth, the development of natural resources, and the growth of the national economy. The Economics of Zoning Laws is the first book to apply the modern economic theory of property rights to all major aspects of zoning. Zoning laws are neither irrational constrints on otherwise efficient markets nor disinterested attempts to correct market failure. Rather, zoning must be viewed as a collective property right, vested in local governments and administered by politicians who rationally repsond to their constituents and to developers as markets for development rights arise. The Economics of Zoning Laws develops the economic theories of property rights and public choice and applies them to three zoning controversies: the siting of a large industrial plant, the exclusionary zoning of the suburbs, and the constitutional protection of propery owners from excessive regulation. Economic and legal theory, William Fischel contends, suggest that payment of damages under the taking clause of the Constitution may provide the most effective remedy for excessive zoning regulations.

Land Use Controls

Land Use Controls
Author: Robert C. Ellickson
Publisher: Aspen Publishing
Total Pages: 922
Release: 2020-10-15
Genre: Law
ISBN: 1454897937

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Land Use Controls: Cases and Materials emphasizes an interdisciplinary approach that weaves historical, social, and economic causes and effects of legal doctrine. The casebook also brings out the functional relationships between formally unrelated routes of law—statutes, ordinances, constitutional doctrines, and common law—by focusing on their practical deployment, developers, neighbors, planners, politicians, and their empirical effects on outcomes like neighborhood quality, housing supply, racial segregation, and tax burdens. A thematic framework illuminates the connections among multiple topics under land law and gives attention to the factual and political context of the cases and aftermath of decisions. Dynamic pedagogy features original introductory text, cases, notes, excerpts from law review articles, and visual aids (maps, charts, graphs) throughout. New to the Fifth Edition: A focus on affordability and the new conflicts over urban zoning A fully updated treatment of local administrative law Recent constitutional rulings, including up-to-date Supreme Court decisions on exactions and regulatory takings Thoroughly updated notes, with recent cases, law review literature, and empirical studies Professors and students will benefit from: Distinguished authorship by respected scholars and professors with a range of expertise An interdisciplinary approach combining historical, social, political, and economic perspectives and offering dynamic opportunities for analysis along with broad legal coverage Concise but comprehensive treatment of the legal issues in private and public regulation of land development, including environmental justice, building codes and subdivision regulations, and the federal role in urban development A thematic framework illuminating connections among multiple discrete topics under land law and the factual and political context of cases and aftermath of decisions Excellent coverage and dynamic pedagogy

Red Tape and Housing Costs

Red Tape and Housing Costs
Author: Michael Luger
Publisher: Routledge
Total Pages: 275
Release: 2018-04-24
Genre: Political Science
ISBN: 1351318101

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Homeownership - a core American Dream - remains elusive to millions of families priced out of the unstable housing market. This book explores the delicate balance between regulations designed to promote the production of sound, affordable housing in safe community environments and the red tape in which housing developers become entangled.Based on case studies of communities in New Jersey and North Carolina, and building on extensive research on the housing development regulatory process, the authors examine the incidence of regulation and quantify the actual itemized costs of excessive regulation. How are the costs of excessive regulation distributed between developers and home buyers? How can state and local jurisdictions reform deeply entrenched regulatory systems to ease the delivery of affordable housing from developer to purchaser?Red Tape and Housing Costs examines the incidence of regulation. The distribution of these costs is critical to housing affordability. At the same time, developers shift to building housing for consumers to whom they can pass on the increasing costs of regulation. Michael I. Luger and Kenneth Temkin provide policymakers and housing advocates with hard facts and reasoned explanations about the link between excessive regulations and spiraling housing costs. The authors argue that their analysis will allow policymakers to launch efforts to create responsible housing development regulatory systems.

Zoning Rules!

Zoning Rules!
Author: William A. Fischel
Publisher:
Total Pages: 416
Release: 2015
Genre: Electronic books
ISBN: 9781558442887

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"Zoning has for a century enabled cities to chart their own course. It is a useful and popular institution, enabling homeowners to protect their main investment and provide safe neighborhoods. As home values have soared in recent years, however, this protection has accelerated to the degree that new housing development has become unreasonably difficult and costly. The widespread Not In My Backyard (NIMBY) syndrome is driven by voters’ excessive concern about their home values and creates barriers to growth that reach beyond individual communities. The barriers contribute to suburban sprawl, entrench income and racial segregation, retard regional immigration to the most productive cities, add to national wealth inequality, and slow the growth of the American economy. Some state, federal, and judicial interventions to control local zoning have done more harm than good. More effective approaches would moderate voters’ demand for local-land use regulation—by, for example, curtailing federal tax subsidies to owner-occupied housing"--Publisher's description.