My latest blog post looks at a new working paper on "zoning taxes" -- a term the authors use to encompass various land-use restrictions. These "taxes" significantly drive up the cost of housing -- but for now this mostly impacts coastal markets. Without reform, it could be coming to a city near you!
“Zoning Taxes” — The Cost of Residential Land Use Restrictions
Fascinating new working paper on why housing prices are so high in some markets, by Gyourko and Krimmel: “The Impact of Local Residential Land Use Restrictions on Land Values Across and Withi…
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