The Impact of Building Restrictions on Housing Affordability.¶
Glaeser, E. L., & Gyourko, J. (2003). The Impact of Building Restrictions on Housing Affordability. Federal Reserve Bank of New York Economic Policy Review, 9(2), 21-39.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Accidental Vs Essential Complexity
- In urban planning, irreducible geographic and demand constraints are essential while zoning and permitting overhead is largely accidental, so the same physical city can be built with vastly different process burdens.
This sourceDocuments that zoning and permitting restrictions add a large regulatory cost distinct from the physical cost of construction — the accidental procedural overhead separable from the essential geographic and demand constraints of building a city.
Supported in partVerified against the work's full text
Glaeser and Gyourko show zoning adds a regulatory cost above physical construction cost where demand is strong, but do not use an essential/accidental frame or claim identical cities could be built with far lighter processes.
“not due to some intrinsic scarcity, but because of man-made regulations.”
- In urban planning, irreducible geographic and demand constraints are essential while zoning and permitting overhead is largely accidental, so the same physical city can be built with vastly different process burdens.
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