Analysis

Inclusionary Zoning Hurts More Than It Helps

Published: 2019 | Emily Hamilton | Mercatus Institute Abstract Inclusionary zoning is popular among policymakers for two reasons. First, it appears “free.” It produces affordable housing units without an outlay of tax dollars. Second, it allows policymakers to appear as…

Driving into Debt

Published: 2019 | R. J. Cross and Tony Dutzik, Frontier Group | Ed Mierzwinski and Matt Casale, U.S. Pirg Education Fund Abstract In much of America, access to a car is all but required to hold a job or lead…

Do New Housing Units in Your Backyard Raise YourRents?

Published: 2019 | Xiaodi Li | NYU Furman Center Abstract There is a growing debate about whether new housing units increase rents for immediately surrounding apartments. Some argue new market-rate development produces a supply effect, which should alleviate the demand…

Does Luxury Housing Construction Increase Nearby Rents?

Published: 2019 | Evan Mast | Upjohn Institute for Employment Research Abstract A major obstacle to new housing construction in gentrifying neighborhoods is the fear that new units will induce additional housing demand, increasing local rents and fueling further gentrification.…

Racial Rent Differences in U.S. Housing Markets

Published: 2018 | Dirk W. Early, Paul E. Carrillo, Edgar O. Olsen Abstract This paper exploits an unusually rich data set to estimate racial differences in the rents paid for identical housing in the same neighborhood in U.S. housing markets…