Washington University Journal of Urban and Contemporary Law
Empirical economic literature has focused on the externality effects of land use controls. However, if the open-city model does not hold, regulations may have monopoly price effects as well. This Article examines whether the increasing price of developable land sites contributes to regionally based housing affordability problems.
Susan M. Wachter and Man Cho,
Interjurisdictional Price Effects of Land Use Controls,
40 Wash. U. J. Urb. & Contemp. L. 49
Available at: http://openscholarship.wustl.edu/law_urbanlaw/vol40/iss1/4