An Examination of the Monopoly Zoning Hypothesis
AbstractThere have been several studies that have investigated the effect of zoning on housing prices. One hypothesis is that the restrictiveness of zoning laws will vary with the monopoly power of a town. The degree of monopoly power varies with the number of towns in the urban area. Urban areas with few zoning jurisdictions are likely to have higher housing prices than more fragmented urban areas. Previous research on this topic has shown mixed results. The results in this article suggest that towns with more monopoly power do tend to have significantly higher housing prices than more fragmented urban areas.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 72 (1996)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://le.uwpress.org/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Bates, Laurie J. & Santerre, Rexford E., 2013. "Does regionalization of local public health services influence public spending levels and allocative efficiency?," Regional Science and Urban Economics, Elsevier, vol. 43(2), pages 209-219.
- 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.
- Quigley, John M. & Raphael, Steven, 2004.
"Is Housing Unaffordable? Why Isn't It More Affordable?,"
Berkeley Program on Housing and Urban Policy, Working Paper Series
qt1vp9j3k0, Berkeley Program on Housing and Urban Policy.
- John M. Quigley & Steven Raphael, 2004. "Is Housing Unaffordable? Why Isn't It More Affordable?," Journal of Economic Perspectives, American Economic Association, vol. 18(1), pages 191-214, Winter.
- Zabel, Jeffrey & Dalton, Maurice, 2011.
"The impact of minimum lot size regulations on house prices in Eastern Massachusetts,"
Regional Science and Urban Economics,
Elsevier, vol. 41(6), pages 571-583.
- Maurice Dalton & Jeffrey Zabel, 2009. "The Impact of Minimum Lot Size Regulations on House Prices in Eastern Massachusetts," Discussion Papers Series, Department of Economics, Tufts University 0732, Department of Economics, Tufts University.
- Ortalo-Magné, François & Prat, Andrea, 2011.
"On the Political Economy of Urban Growth: Homeownership versus Affordability,"
CEPR Discussion Papers
8243, C.E.P.R. Discussion Papers.
- Fran?ois Ortalo-Magn? & Andrea Prat, 2014. "On the Political Economy of Urban Growth: Homeownership versus Affordability," American Economic Journal: Microeconomics, American Economic Association, vol. 6(1), pages 154-81, February.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.