A Brazen Proposal: Increasing Affordable Housing Through Zoning and the Eminent Domain Powers
Victor Byers Flatt
UNC Chapel Hill School of Law; University of Houston Global Energy Management Institute
Stanford Law & Policy Review, Vol. 7, p. 115, Spring 1994
As homeownership becomes less affordable to some, government may be able to use its control of land scarcity through zoning to manipulte prices in a way that would allow values associated with changing zoning density to be captured for prospective homeowners. In particular, government could condemn land and pay its market value under one set of development possibilities, then increase the zoning density so that prospective buyers will have paid less than if the land had been obtaind through eminent domain at the higher development level.
Number of Pages in PDF File: 16
Keywords: zoning, eminent domain, land use, housing, affordable, condemnation
JEL Classification: H23, K11, R14, R21, R31, R38, R52, R58Accepted Paper Series
Date posted: January 9, 2012
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