Estimating the Economic Value of Zoning Reform

How to Increase Housing Affordability? Understanding Local Deterrents to Building Multifamily Housing

“…32 Density is not disliked everywhere. Anagol et al (2021) find positive taste for density in Sao Paulo. 33 The 0.05 miles coefficient slightly diverges, but is not statistically different from others.…”

“…Our second contribution is to provide a framework to use boundary discontinuity 1 The literature has analyzed the effects of these regulations separately. For example, for impact of density regulations, see (Anagol et al, 2021;Gray and Millsap, 2020), building heights (Brueckner and Singh, 2020;Ding, 2013), and minimum lot sizes (Zabel and Dalton, 2011;Kulka, 2020). 1 designs with discontinuities in land-use regulations (jumps in size and type of housing) to study the causal effects of regulations on housing costs stemming from both direct effects of the regulation and indirect externality effects.…”

The impact of upzoning on housing construction in Auckland

“…12 One of the strengths of DID is that spatial and time series variation in Land Use Regulations (LURs) can be used to control for a wide set of time invariant confounding factors. Although studies frequently employ spatial discontinuity designs to control for these confounders by assuming they are equally salient on either side of the boundary (Turner et al, 2017;Anagol et al, 2021), these approaches necessarily constrain the geographic area of analysis to areas spanning zone boundaries, making the empirical design ill-suited to aggregating treatment effects without imposing strong assumptions on the saliency of the policy intervention in areas distant to the boundary.…”

Zoning Change: Upzonings, Downzonings, and Their Impacts on Residential Construction, Housing Costs, and Neighborhood Demographics

“…But what impacts might upzoning have on housing costs in metropolitan areas overall? Anagol, Ferreira and Rexer (2022) develop a citywide equilibrium model to argue that São Paulo's large upzoning added supply, which went on to produce a citywide 0.5 percent reduction in housing costs. Buechler and Lutz (2021) find that even though rents did not significantly change in upzoned areas in Zurich, the regional effect of upzonings is to reduce rents regionwide.…”

“…Anagol, Ferreira and Rexer 2022;Freemark 2020;Gabbe, Kevane and Sundstrom 2021;Gerecke et al 2022;Greenaway-McGrevy and Phillips 2022;Liao 2022;Lo et al 2020;Stacy et al 2023. …”