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…
Housing Market Effects of Inclusionary Zoning
Published: 2009 | Antonio Bento, Scott Lowe, Gerrit-Jan Knaap and Arnab Chakraborty | Cityscape Abstract This article presents an empirical analysis of the effects of inclusionary zoning policies on housing prices and starts in California during the period from 1988…
Housing Supply and Housing Bubbles
Published: 2006 | Edward L. Glaeser, Joseph Gyourko, Albert Saiz | National Bureau of Economic Research Abstract Like many other assets, housing prices are quite volatile relative to observable changes in fundamentals. If we are going to understand boom-bust housing…
Why is Manhattan So Expensive? Regulation and the Rise in Housing Prices
Published: 2005 | Raven Saks, Joseph Gyourko, and Edward Glaeser | The Journal of Law and Economics Abstract In Manhattan, housing prices have soared since the 1990s. Although rising incomes, lower interest rates, and other factors can explain the demand…
Regulation and the High Cost of Housing in California
Published: 2005 | John Quigley and Steven Raphael | American Economic Association Abstract In this paper, we explore the linkages between land-use regulations, growth in the housing stock, and housing prices in California cities. First, we assess whether housing is…
Homeless in America, Homeless in California
Published: 2001 | John M. Quigley, Steven Raphael, and Eugene Smolensky| The Review of Economics and Statistics Abstract It is generally believed that the increased incidence of homelessness in the United States has arisen from broad societal factors, such as…