Abstract

http://ssrn.com/abstract=302388
 
 

References (13)



 
 

Citations (59)



 


 



The Impact of Zoning on Housing Affordability


Edward L. Glaeser


Harvard University - John F. Kennedy School of Government, Department of Economics; Brookings Institution; National Bureau of Economic Research (NBER)

Joseph Gyourko


University of Pennsylvania - Real Estate Department; National Bureau of Economic Research (NBER)

March 2002

Harvard Institute of Economic Research Paper No. 1948

Abstract:     
Does America face an affordable housing crisis and, if so, why? This paper argues that in much of America the price of housing is quite close to the marginal, physical costs of new construction. The price of housing is significantly higher than construction costs only in a limited number of areas, such as California and some eastern cities. In those areas, we argue that high prices have little to do with conventional models with a free market for land. Instead, our evidence suggests that zoning and other land use controls play the dominant role in making housing expensive.

Number of Pages in PDF File: 37

working papers series


Download This Paper

Date posted: February 28, 2002  

Suggested Citation

Glaeser, Edward L. and Gyourko, Joseph, The Impact of Zoning on Housing Affordability (March 2002). Harvard Institute of Economic Research Paper No. 1948. Available at SSRN: http://ssrn.com/abstract=302388 or http://dx.doi.org/10.2139/ssrn.302388

Contact Information

Edward L. Glaeser (Contact Author)
Harvard University - John F. Kennedy School of Government, Department of Economics ( email )
Littauer Center
Room 315A
Cambridge, MA 02138
United States
617-496-2150 (Phone)
617-496-1722 (Fax)
Brookings Institution
1775 Massachusetts Ave. NW
Washington, DC 20036-2188
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Joseph E. Gyourko
University of Pennsylvania - Real Estate Department ( email )
Philadelphia, PA 19104-6330
United States
215-898-3003 (Phone)
215-573-2220 (Fax)

National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Feedback to SSRN


Paper statistics
Abstract Views: 2,532
Downloads: 514
Download Rank: 20,246
References:  13
Citations:  59

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo7 in 0.281 seconds