Hierarchical Zoning, Incompatible Uses and Price Discounts
研究了层级分区中低层级区域因混合不兼容用途而带来的房价折扣，发现公寓价格折扣超过15%，为经济适用房选址提供机会。
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.