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The Impact of Inclusionary Zoning on the Location and Type of Construction Activity

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  • John M. Clapp

Abstract

This paper models the impact of an inclusionary zoning ordinance on a local housing market. Markets are segmented spatially and by the mix of housing characteristics. The paper develops a framework which explains how households and builders make rational choices among alternative segments. This implies that they can react to inclusionary zoning by relocating away from the impacted sector. Therefore, the introduction of inclusionary zoning should be preceded by a study of alternative market segments. For example, the presence of attractive alternatives will allow developers and households to exit the market segments impacted by inclusionary zoning. This would cause a decline in construction activity in the covered sector.

Suggested Citation

  • John M. Clapp, 1981. "The Impact of Inclusionary Zoning on the Location and Type of Construction Activity," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 9(4), pages 436-456, December.
    • Handle: RePEc:bla:reesec:v:9:y:1981:i:4:p:436-456
    DOI: 10.1111/1540-6229.00253
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    References listed on IDEAS

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    1. Mahlon R. Straszheim, 1975. "An Econometric Analysis of the Urban Housing Market," NBER Books, National Bureau of Economic Research, Inc, number stra75-1, March.
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    Cited by:

    1. Lehe, Lewis, 2014. "Inclusionary Zoning in a Monocentric City," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt6qp1j5bj, Institute of Transportation Studies, UC Berkeley.
    2. Jenny Schuetz & Rachel Meltzer & Vicki Been, 2011. "Silver Bullet or Trojan Horse? The Effects of Inclusionary Zoning on Local Housing Markets in the United States," Urban Studies, Urban Studies Journal Limited, vol. 48(2), pages 297-329, February.
    3. Diagne, Adji Fatou & Kurban, Haydar & Schmutz, Benoit, 2018. "Are inclusionary housing programs color-blind? The case of Montgomery County MPDU program," Journal of Housing Economics, Elsevier, vol. 40(C), pages 6-24.
    4. Mario A. Fernandez & Shane L. Martin, 2020. "Staged implementation of inclusionary zoning as a mechanism to improve housing affordability in Auckland, New Zealand," International Journal of Housing Markets and Analysis, Emerald Group Publishing Limited, vol. 13(4), pages 617-633, February.
    5. W. Hughen & Dustin Read, 2014. "Inclusionary Housing Policies, Stigma Effects and Strategic Production Decisions," The Journal of Real Estate Finance and Economics, Springer, vol. 48(4), pages 589-610, May.

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