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The housing market effects of discrete land use regulations: Evidence from the California coastal boundary zone

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  • Kahn, Matthew E.
  • Vaughn, Ryan
  • Zasloff, Jonathan

Abstract

The California coast line borders some of the most beautiful and expensive land in the entire world. The California Coastal Commission was created in 1976 to protect the coast line and to regulate land use within the coastal boundary zone. This well defined regulatory boundary offers a unique opportunity to study the consequences of land use regulation on nearby housing located in the same political jurisdiction. Using two different geocoded data sets, we document gentrification within the boundary and discuss possible explanations for these patterns.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Housing Economics.

Volume (Year): 19 (2010)
Issue (Month): 4 (December)
Pages: 269-279

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Handle: RePEc:eee:jhouse:v:19:y:2010:i:4:p:269-279

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Web page: http://www.elsevier.com/locate/inca/622881

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Keywords: Land regulation Gentrification Amenities California;

References

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  1. Glaeser, Edward L & Gyourko, Joseph & Saks, Raven, 2005. "Why Is Manhattan So Expensive? Regulation and the Rise in Housing Prices," Journal of Law and Economics, University of Chicago Press, vol. 48(2), pages 331-69, October.
  2. Katz, Lawrence F. & Rosen, Kenneth T., 1987. "The Interjurisdictional Effects of Growth Controls on Housing Prices," Scholarly Articles 3442758, Harvard University Department of Economics.
  3. Waldfogel, Joel, 2008. "The median voter and the median consumer: Local private goods and population composition," Journal of Urban Economics, Elsevier, vol. 63(2), pages 567-582, March.
  4. Veronica Guerrieri & Daniel Hartley & Erik Hurst, 2010. "Endogenous Gentrification and Housing Price Dynamics," NBER Working Papers 16237, National Bureau of Economic Research, Inc.
  5. Quigley, John M. & Raphael, Steven, 2006. "Regulation and the High Cost of Housing in California," Berkeley Program on Housing and Urban Policy, Working Paper Series qt3hh7s35m, Berkeley Program on Housing and Urban Policy.
  6. Patrick Bayer & Fernando Ferreira & Robert McMillan, 2007. "A Unified Framework for Measuring Preferences for Schools and Neighborhoods," Working Papers 07-27, Center for Economic Studies, U.S. Census Bureau.
  7. Sandra E. Black, 1997. "Do better schools matter? Parental valuation of elementary education," Research Paper 9729, Federal Reserve Bank of New York.
  8. Quigley, John M. & Rosenthal, Larry A., 2005. "The Effects of Land-Use Regulation on the Price of Housing: What Do We Know? What Can We Learn?," Berkeley Program on Housing and Urban Policy, Working Paper Series qt90m9g90w, Berkeley Program on Housing and Urban Policy.
  9. Joseph Gyourko & Christopher Mayer & Todd Sinai, 2006. "Superstar Cities," NBER Working Papers 12355, National Bureau of Economic Research, Inc.
  10. Thomas J. Holmes, 1998. "The Effect of State Policies on the Location of Manufacturing: Evidence from State Borders," Journal of Political Economy, University of Chicago Press, vol. 106(4), pages 667-705, August.
  11. Henry O. Pollakowski & Susan M. Wachter, 1990. "The Effects of Land-Use Constraints on Housing Prices," Land Economics, University of Wisconsin Press, vol. 66(3), pages 315-324.
  12. Leah Platt Boustan, 2007. "Escape from the City? The Role of Race, Income, and Local Public Goods in Post-War Suburbanization," NBER Working Papers 13311, National Bureau of Economic Research, Inc.
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Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. The Decline of California
    by Matthew Yglesias in Moneybox on 2012-05-14 14:22:12
  2. Are Green Cities Elitist?
    by Matthew Kahn in Environmental and Urban Economics on 2013-03-02 21:07:00
  3. The Consequences of Ideology
    by Matthew Kahn in Environmental and Urban Economics on 2014-08-13 15:18:00
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Cited by:
  1. Erik Hurst & Daniel Hartley & Veronica Guerrieri, 2011. "Endogenous Gentrification and Housing Price Dynamics," 2011 Meeting Papers 1418, Society for Economic Dynamics.

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