Published: 2014 | Nils Koka, Paavo Monkkonen, John M.Quigley | Journal of Urban Economics Abstract Inferences about the determinants of land prices in urban areas are typically based on housing transactions, which combine payments for land and long-lived improvements. In…
Supply Constraints and Housing Market Dynamics
Published: 2012 | Andrew Paciorek | The Federal Reserve Board Abstract Although the volatility of house prices is often ascribed to demand-side factors, constraints on housing supply have important and little-studied implications for housing dynamics. I illustrate the strong relationship…
Residential Land Use Regulation and the US Housing Price Cycle Between 2000 and 2009
Published: 2010 | Haifang Huang and Yao Tang | Journal of Urban Economics Abstract In a sample covering more than 300 cities in the US between January 2000 and July 2009, we find that more restrictive residential land use regulations…
What are Private Governments Worth?
Published: 2005 | Amanda Agan and Alexander Tabarrok | George Mason University Abstract Homeowners associations (HOAs) and other local private governments are expanding in number both in the United States and around the world. Local private governments are also expanding…
An Economic History of Zoning and a Cure for Its Exclusionary Effects
Published: 2001 | William A. Fischel | Urban Studies Abstract I outline the twentieth-century history of American zoning to explain how homeowners came to dominate its content and administration in most jurisdictions. Zoning’s original purpose was to protect homeowners in…
Research item
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