Full Citation
Title: The Effect of Local Government Policies on Housing Supply
Citation Type: Miscellaneous
Publication Year: 2016
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Abstract: Housing Production is Important From 2010 to 2015, there were 6 times as many new jobs and people as new housing units in the Bay Area, and home prices rose by 54% over this period. In the most recent year – 2015 – little has changed – 6 jobs and 4 new people were gained for every new housing unit, while home prices rose faster than in previous years1. To accommodate this growth, cities can change local policies to encourage housing production. In consultation with many developers, city planners, politicians, and advocacy groups, I created two models that summarize the relative impact different local policy measures have on housing production. I then weigh the models’ results against potential equity, administrative, and political concerns. The first model describes the effects on the odds that a given project will be built, while the second examines the cumulative impact on an . . .
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Authors: Macdonald, Graham
Publisher: UC Berkeley
Data Collections: IPUMS USA
Topics: Housing and Segregation, Other
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