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Land‐Use Controls and Housing Costs: An Examination of San Francisco Bay Area Communities *
Author(s) -
Dowall David E.,
Landis John D.
Publication year - 1982
Publication title -
real estate economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.064
H-Index - 61
eISSN - 1540-6229
pISSN - 1080-8620
DOI - 10.1111/1540-6229.00258
Subject(s) - bay , affect (linguistics) , land use , economics , gauge (firearms) , econometric model , natural resource economics , geography , econometrics , sociology , civil engineering , engineering , communication , archaeology
This paper reports on our efforts to gauge the effects of land use controls on housing markets. We discuss how land use controls affect land and housing markets and explain why communities use such controls to restrict development. We present the results of an econometric model created to assess the inflationary effects of land use controls on housing costs. The model is based on data assembled in the San Francisco Bay Area. The model results indicate that density controls and land availability do systematically affect the price of new housing units.