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Stephen Jacob Smith

I saw somebody link to a study today that found that IZ policies are generally associated with a one-third reduction in homebuilding. Does anybody know what it was?

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Aaron 🏗️🚲🌲🏀

other highlights: the average Affordable unit produced by IZ costs nearly $800k in higher payments for other renters IZ policies shift homebuilding from high cost neighborhoods to low cost neighborhoods IZ stringency correlates with more restrictive land use, lower housing elasticity, and…

Ответ для Aaron 🏗️🚲🌲🏀
ianuafex

These policy outcomes seem very bad!

Ответ для Aaron 🏗️🚲🌲🏀
Joe Cohen

"IZ policies shift homebuilding from high cost neighborhoods to low cost neighborhoods" what's the mechanism for that?

Ответ для Aaron 🏗️🚲🌲🏀
Anne Paulson

The study also finds that IZ hurts almost all renters. It barely helps low income renters on average, because a few low income renters win the lottery and are much better off. But all the other low income renters are worse off.