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Hierarchical Zoning, Incompatible Uses and Price Discounts

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  • Paul K. Asabere
  • Forrest E. Huffman

Abstract

This study examines an aspect of hierarchical zoning. Hierarchical zoning, unlike mutually exclusive zoning, is uni-directional in that it protects upper-level residential uses from nonconforming, non-residential uses but not "vice versa." The result is that the lower-level zones can be a mixture of several nonconforming, incompatible uses. This unique attribute of hierarchical zoning offers a window of opportunity for choices for affordable housing at affordable locations. Using hedonic analysis, empirical evidence shows that huge price discounts (over 15%) are associated with apartments that are situated in nonconforming zones. Arguments here support more flexible zoning. Copyright American Real Estate and Urban Economics Association.

Suggested Citation

  • Paul K. Asabere & Forrest E. Huffman, 1997. "Hierarchical Zoning, Incompatible Uses and Price Discounts," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 25(3), pages 439-451.
  • Handle: RePEc:bla:reesec:v:25:y:1997:i:3:p:439-451
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