Effects Of Regulation On Housing Costs

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The Homevoter Hypothesis

Author : William A. Fischel
Publisher : Harvard University Press
ISBN 13 : 9780674036901
Total Pages : 362 pages
Book Rating : 4.0/5 (369 download)

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Book Synopsis The Homevoter Hypothesis by : William A. Fischel

Download or read book The Homevoter Hypothesis written by William A. Fischel and published by Harvard University Press. This book was released on 2009-07-01 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just as investors want the companies they hold equity in to do well, homeowners have a financial interest in the success of their communities. If neighborhood schools are good, if property taxes and crime rates are low, then the value of the homeowner’s principal asset—his home—will rise. Thus, as William Fischel shows, homeowners become watchful citizens of local government, not merely to improve their quality of life, but also to counteract the risk to their largest asset, a risk that cannot be diversified. Meanwhile, their vigilance promotes a municipal governance that provides services more efficiently than do the state or national government. Fischel has coined the portmanteau word “homevoter” to crystallize the connection between homeownership and political involvement. The link neatly explains several vexing puzzles, such as why displacement of local taxation by state funds reduces school quality and why local governments are more likely to be efficient providers of environmental amenities. The Homevoter Hypothesis thereby makes a strong case for decentralization of the fiscal and regulatory functions of government.

Effects of Regulation on Housing Costs

Author : Urban Land Institute. Research Division
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Effects of Regulation on Housing Costs by : Urban Land Institute. Research Division

Download or read book Effects of Regulation on Housing Costs written by Urban Land Institute. Research Division and published by . This book was released on 1977 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Environmental and Public Economics

Author : Wallace E. Oates
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 376 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Environmental and Public Economics by : Wallace E. Oates

Download or read book Environmental and Public Economics written by Wallace E. Oates and published by Edward Elgar Publishing. This book was released on 1999 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of essays honoring the work of Wallace E. Oates, contributors apply his ideas and insights to a range of problems. Chapters on environmental economics assess environmental policy in today's conservative era and analyze environmental taxes, environmental federalism, and policy instruments. Chapters on public economics investigate vouchers for private schools, capitalization, and urban growth controls. Other subjects examined include intergovernmental grants in South Africa, and public pensions in the EU. The editors are affiliated with the University of Maryland-College Park, and Resources for the Future in Washington, DC. Annotation copyrighted by Book News, Inc., Portland, OR

Environmental Regulations and Housing Costs

Author : Arthur C. Nelson
Publisher : Island Press
ISBN 13 : 1610910680
Total Pages : 289 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis Environmental Regulations and Housing Costs by : Arthur C. Nelson

Download or read book Environmental Regulations and Housing Costs written by Arthur C. Nelson and published by Island Press. This book was released on 2012-06-22 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many communities across the nation still lack affordable housing. And many officials continue to claim that “affordable housing” is an oxymoron. Building inexpensively is impossible, they say, because there are too many regulations. Required environmental impact statements and habitat protection laws, they contend, drive up the costs of construction. But is this actually true? In a comprehensive study of the question, the authors of this eye-opening book separate fact from myth. With admirable clarity, they describe the policy debate from its beginning, review the economic theory, trace the evolution of development regulation, and summarize the major research on the topic. In addition, they offer their own research, accompanied by a case study of two strikingly different Washington, D.C., suburbs. They also include results of focus groups conducted in Dallas, Denver, and Tucson. The authors find that environmental regulatory costs—as a share of total costs and processes—are about the same now as they were thirty years ago, even though there are far more regulations today. They find, too, that environmental regulations may actually create benefits that could improve the value of housing. Although they conclude that regulations do not appear to drive up housing costs more now than in the past, they do offer recommendations of ways in which the processes associated with regulations—including review procedures—could be improved and could result in cost savings. Intended primarily for professionals who are involved in, or impacted by, regulations—from public officials, planners, and engineers to housing developers and community activists—this book will provide useful insights and data to anyone who wants to know if (and how) American housing can actually be made “affordable.”

Zoning Rules!

Author : William A. Fischel
Publisher :
ISBN 13 : 9781558442887
Total Pages : 416 pages
Book Rating : 4.4/5 (428 download)

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Book Synopsis Zoning Rules! by : William A. Fischel

Download or read book Zoning Rules! written by William A. Fischel and published by . This book was released on 2015 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Zoning has for a century enabled cities to chart their own course. It is a useful and popular institution, enabling homeowners to protect their main investment and provide safe neighborhoods. As home values have soared in recent years, however, this protection has accelerated to the degree that new housing development has become unreasonably difficult and costly. The widespread Not In My Backyard (NIMBY) syndrome is driven by voters’ excessive concern about their home values and creates barriers to growth that reach beyond individual communities. The barriers contribute to suburban sprawl, entrench income and racial segregation, retard regional immigration to the most productive cities, add to national wealth inequality, and slow the growth of the American economy. Some state, federal, and judicial interventions to control local zoning have done more harm than good. More effective approaches would moderate voters’ demand for local-land use regulation—by, for example, curtailing federal tax subsidies to owner-occupied housing"--Publisher's description.

City Rules

Author : Emily Talen
Publisher : Island Press
ISBN 13 : 1610911768
Total Pages : 257 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis City Rules by : Emily Talen

Download or read book City Rules written by Emily Talen and published by Island Press. This book was released on 2012-06-22 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: City Rules offers a challenge to students and professionals in urban planning, design, and policy to change the rules of city-building, using regulations to reinvigorate, rather than stifle, our communities. Emily Talen demonstrates that regulations are a primary detriment to the creation of a desirable urban form. While many contemporary codes encourage sprawl and even urban blight, that hasn't always been the case-and it shouldn't be in the future. Talen provides a visually rich history, showing how certain eras used rules to produce beautiful, walkable, and sustainable communities, while others created just the opposite. She makes complex regulations understandable, demystifying city rules like zoning and illustrating how written codes translate into real-world consequences. Most importantly, Talen proposes changes to these rules that will actually enhance communities' freedom to develop unique spaces.

Hot Property

Author : Rob Nijskens
Publisher : Springer
ISBN 13 : 3030116743
Total Pages : 220 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Hot Property by : Rob Nijskens

Download or read book Hot Property written by Rob Nijskens and published by Springer. This book was released on 2019-06-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.

Economic Aspects of Federal Regulation on the Transportation Industry

Author : United States. Congress. House. Committee on the Budget. Task Force on Tax Expenditures, Government Organization, and Regulation
Publisher :
ISBN 13 :
Total Pages : 520 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Economic Aspects of Federal Regulation on the Transportation Industry by : United States. Congress. House. Committee on the Budget. Task Force on Tax Expenditures, Government Organization, and Regulation

Download or read book Economic Aspects of Federal Regulation on the Transportation Industry written by United States. Congress. House. Committee on the Budget. Task Force on Tax Expenditures, Government Organization, and Regulation and published by . This book was released on 1977 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Flaws and Ceilings

Author : Christopher Coyne
Publisher : London Publishing Partnership
ISBN 13 : 0255367023
Total Pages : 227 pages
Book Rating : 4.2/5 (553 download)

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Book Synopsis Flaws and Ceilings by : Christopher Coyne

Download or read book Flaws and Ceilings written by Christopher Coyne and published by London Publishing Partnership. This book was released on 2015-03-27 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Price controls across many sectors are currently being hotly debated. New controls in the housing market, more onerous minimum wages, minimum prices for alcohol, and freezes on energy prices are very high up the agenda of most politicians at the moment. Even without any further controls, wages, university fees, railway fares and many financial products already have their prices at least partly determined by politicians rather than by supply and demand in the market. Indeed, barely a sector of the UK economy is unaffected in one way or another by government controls on prices. This book demonstrates why economists do not like price controls and shows why they are widely regarded as being amongst the most damaging political interventions in markets. The authors analyse, in a very readable fashion, the damage they cause. Crucially, the authors also explain why, despite universal criticism from economists, price controls are so popular amongst politicians.

Measuring the Effectiveness of Real Estate Regulation

Author : Ronit Levine-Schnur
Publisher : Springer Nature
ISBN 13 : 3030356221
Total Pages : 219 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Measuring the Effectiveness of Real Estate Regulation by : Ronit Levine-Schnur

Download or read book Measuring the Effectiveness of Real Estate Regulation written by Ronit Levine-Schnur and published by Springer Nature. This book was released on 2020-03-19 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the fundamental issues regarding the effect of real estate regulation on housing, urban development, and considerations of justice and efficiency. Bringing together the contributions of prominent scholars representing diverse methodologies and academic disciplines, this book offers new perspectives on core topics such as the effectiveness of land use regulation in terms of housing availability, enhanced equality, and sustainable development; and different modes of regulation and their mutual influences. The book’s eleven chapters are divided into five parts which address different aspects of real estate regulation, combining theoretical analysis with a close observation of diverse case studies, from North America and Europe to China, the Middle East, and developing economies. Part I offers cutting-edge analysis on how to measure, model, and understand the impact of zoning and other modes of real estate regulation, from economic and normative theoretical viewpoints. Part II complements Part I by providing historical observations and empirical knowledge on the actual contribution of zoning and historical conservation regulation to cities’ shape. Part III considers the outcomes of business and industrial land development policies. Part IV studies urban land development regulation and allows to compare between two relevant case studies—one from Germany, and the other from Poland. Finally, Part V concerns standardization in the real estate market by analyzing the justification and outcomes of such attempts, particularly in the mortgages market. Providing an interface between theory and practice, the book will appeal to a broad audience, consisting of scholars, policy-makers, practitioners, and students, interested in an interdisciplinary overlook on real estate regulation.

Estimating the Costs of Financial Regulation

Author : Mr.Andre Santos
Publisher : International Monetary Fund
ISBN 13 : 147551008X
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Estimating the Costs of Financial Regulation by : Mr.Andre Santos

Download or read book Estimating the Costs of Financial Regulation written by Mr.Andre Santos and published by International Monetary Fund. This book was released on 2012-09-11 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

Impact of the Cost of Regulation on Small Homebuilders

Author : United States. Congress. Senate. Select Committee on Small Business
Publisher :
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Impact of the Cost of Regulation on Small Homebuilders by : United States. Congress. Senate. Select Committee on Small Business

Download or read book Impact of the Cost of Regulation on Small Homebuilders written by United States. Congress. Senate. Select Committee on Small Business and published by . This book was released on 1977 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Red Tape and Housing Costs

Author : Michael Luger
Publisher : Routledge
ISBN 13 : 135131811X
Total Pages : 191 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis Red Tape and Housing Costs by : Michael Luger

Download or read book Red Tape and Housing Costs written by Michael Luger and published by Routledge. This book was released on 2018-04-24 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Homeownership - a core American Dream - remains elusive to millions of families priced out of the unstable housing market. This book explores the delicate balance between regulations designed to promote the production of sound, affordable housing in safe community environments and the red tape in which housing developers become entangled.Based on case studies of communities in New Jersey and North Carolina, and building on extensive research on the housing development regulatory process, the authors examine the incidence of regulation and quantify the actual itemized costs of excessive regulation. How are the costs of excessive regulation distributed between developers and home buyers? How can state and local jurisdictions reform deeply entrenched regulatory systems to ease the delivery of affordable housing from developer to purchaser?Red Tape and Housing Costs examines the incidence of regulation. The distribution of these costs is critical to housing affordability. At the same time, developers shift to building housing for consumers to whom they can pass on the increasing costs of regulation. Michael I. Luger and Kenneth Temkin provide policymakers and housing advocates with hard facts and reasoned explanations about the link between excessive regulations and spiraling housing costs. The authors argue that their analysis will allow policymakers to launch efforts to create responsible housing development regulatory systems.

Affordable Rental Housing: Making It Part of Europe’s Recovery

Author : Khalid ElFayoumi
Publisher : International Monetary Fund
ISBN 13 : 151357020X
Total Pages : 97 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Affordable Rental Housing: Making It Part of Europe’s Recovery by : Khalid ElFayoumi

Download or read book Affordable Rental Housing: Making It Part of Europe’s Recovery written by Khalid ElFayoumi and published by International Monetary Fund. This book was released on 2021-05-24 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this departmental paper finds that in many advanced European economies a large and rising share of low-income renters, the young, and those living in cities is overburdened. In several locations, middle-income groups also increasingly face rental affordability issues.

The Economics of Zoning Laws

Author : William A. Fischel
Publisher : JHU Press
ISBN 13 : 9780801835629
Total Pages : 396 pages
Book Rating : 4.8/5 (356 download)

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Book Synopsis The Economics of Zoning Laws by : William A. Fischel

Download or read book The Economics of Zoning Laws written by William A. Fischel and published by JHU Press. This book was released on 1987-08 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Land use controls can affect the quality of the environment, the provision of public services, the distribution of income and wealth, the development of natural resources, and the growth of the national economy. The Economics of Zoning Laws is the first book to apply the modern economic theory of property rights to all major aspects of zoning. Zoning laws are neither irrational constrints on otherwise efficient markets nor disinterested attempts to correct market failure. Rather, zoning must be viewed as a collective property right, vested in local governments and administered by politicians who rationally repsond to their constituents and to developers as markets for development rights arise. The Economics of Zoning Laws develops the economic theories of property rights and public choice and applies them to three zoning controversies: the siting of a large industrial plant, the exclusionary zoning of the suburbs, and the constitutional protection of propery owners from excessive regulation. Economic and legal theory, William Fischel contends, suggest that payment of damages under the taking clause of the Constitution may provide the most effective remedy for excessive zoning regulations.

Strong Towns

Author : Charles L. Marohn, Jr.
Publisher : John Wiley & Sons
ISBN 13 : 1119564816
Total Pages : 262 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Strong Towns by : Charles L. Marohn, Jr.

Download or read book Strong Towns written by Charles L. Marohn, Jr. and published by John Wiley & Sons. This book was released on 2019-10-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.

The Regulation of Entry

Author : Simeon Djankov
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Regulation of Entry by : Simeon Djankov

Download or read book The Regulation of Entry written by Simeon Djankov and published by . This book was released on 2001 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: New data show that countries that regulate the entry of new firms more heavily have greater corruption and larger unofficial economies, but not better quality goods. The evidence supports the view that regulating entry benefits politicians and bureacrats.