Does Comprehensive Land-Use Planning Improve Cities?
Comprehensive land-use planning is growing in popularity among U.S. state and local policymakers. This popularity is based on the belief that planning enhances community welfare; however, there is little empirical evidence in support of this belief based upon U.S. data. This paper uses unique data from the state of Florida to estimate the effect on house value of a local community’s commitment to comprehensive planning. If planning enhances community welfare, this should be reflected in higher housing values. The results suggest that a balanced budget expansion in per capita comprehensive planning expenditures enhances community welfare.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ihlanfeldt, Keith R., 2007. "The effect of land use regulation on housing and land prices," Journal of Urban Economics, Elsevier, vol. 61(3), pages 420-435, May.
When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:85:y:2009:i:1:p:74-86. See general information about how to correct material in RePEc.
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.