Interjurisdictional Price Effects of Land Use Controls

Authors

Susan M. Wachter, University of Pennsylvania
Man Cho, World Bank

Publication Title

Washington University Journal of Urban and Contemporary Law

Abstract

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.

Recommended Citation

Susan M. Wachter and Man Cho, Interjurisdictional Price Effects of Land Use Controls, 40 Wash. U. J. Urb. & Contemp. L. 49 (1991)
Available at: https://openscholarship.wustl.edu/law_urbanlaw/vol40/iss1/4