Land‐Use Controls and Housing Costs: An Examination of San Francisco Bay Area Communities*
研究土地使用管制如何影响住房市场，通过旧金山湾区的数据建立计量模型，发现密度控制和土地供应显著影响新房价格。
This paper reports on our efforts to gauge the effects of land use controls on housing markets. We discuss how land use controls affect land and housing markets and explain why communities use such controls to restrict development. We present the results of an econometric model created to assess the inflationary effects of land use controls on housing costs. The model is based on data assembled in the San Francisco Bay Area. The model results indicate that density controls and land availability do systematically affect the price of new housing units.