Download or read book How Development Restrictions Influence Housing Values written by Victoria Basolo and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the influence of development restrictions on house price appreciation from 1982 to 1991 in 52 U.S. metropolitan areas. The geometric mean of Haurin, Hendershot, and Kim's (1991) housing price indices is used as an indicator of the rate of change in housing prices. A model of market determinants is compared to a model that includes regulatory measures. The latter cross-sectional model adds significantly to the explained variation in housing price appreciation. The results suggest that development restrictions increase housing price appreciation in these metropolitan areas.
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.
Download or read book The Effects of Land Use Controls on Housing Prices written by Lawrence F. Katz and published by . This book was released on 1980 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The major portion of this paper examines the impacts on housing costs of the most important types of land-use, environmental, and construction regulations - zoning, subdivision controls, growth management techniques, building codes, and environmental regulations - by reviewing the literature and presenting some simple theoretical models. A final section of this paper presents some initial empirical results of the author's research on the impact of local land-use regulations on land and housing costs in California."--Page 3
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.”
Download or read book The Impact on Housing Values of Restrictions on Rights of Ownership written by A. Quang Do and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: With the exception of anecdotal information, little is known about the specific effects on the value of a house because its ownership is restricted to people older than a certain age. This article provides an empirically-derived assessment of the impact on the selling price of single-family residences when their ownership is age restricted. To determine the effect on the sales price of age-restricted houses, a standard hedonic pricing model is applied to a sample of 371 sales transactions drawn from a suburban area of a large city. The results indicate that an age restriction placed on houses decreases their value by 6%. This finding may be of interest to local land-use regulators, developers who are considering developing age-restricted houses and appraisers who wish to make value adjustments to these homes.
Download or read book Public Regulations of Residential Development written by Michael Elliott and published by . This book was released on 1979 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cityscape written by and published by . This book was released on 2004 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Housing Costs Government Regulations written by Stephen R. Seidel and published by Routledge. This book was released on 1978 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph explores the effects of government regulations on housing costs in all areas in which housing construction is touched by government. From the national to the local level, the impact of zoning laws, environmental controls, building codes, settlement and financing regulations, and other regulations are assessed in terms of mandated dollars which developers and builders--and thus the consumer--must spend. Based on a national sampling of interviews and case studies, this volume explores regulatory cost implications and shows how to determine the total cost effect of government regulations on housing costs.
Download or read book Why are new house prices too high how are they influenced by government regulations and can prices be reduced report to the Congress written by United States. General Accounting Office and published by . This book was released on 1978 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Housing Markets Regulatory Frameworks and Local Government Finance written by and published by . This book was released on 1998 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This four-part report is the first in a series of studies that address Twin Cities regional dynamics, using an integrated mix of statistical and cartographic analyses. The report examines the land use/transportation dynamic and its influence on metropolitan development in postwar U.S.; changes in housing supply, housing demand, and residential price movements between 1970 and 1990 in minor civil divisions (MCDs) within the seven-county metropolitan area and adjacent counties; a classification of state and local regulations that promote low-density development on the built-up metropolitan edge and beyond and that raise obstacles to cost-effective redevelopment in older settled areas near the cores of Minnesota's major urban centers; the changing profiles of taxation, intergovernmental revenue transfers, and expenditures by function for counties and MCDs within the Twin Cities region. Findings include the following: During the post-World War II era, the growth in vehicle miles traveled on the Twin Cities metropolitan highway system has significantly out paced growth in population; As income relocates outward from the metropolitan core, the demand for transportation increases on the edges; Sectoral housing market dynamics have contributed to outward expansion at lower densities; Low-density development often occurs because zoning regulations encourage or actively promote it; The regulatory framework that encourages low-density development and contributes to urban sprawl on the metropolitan edge also inhibits the development of affordable housing.
Download or read book Principles of City Land Values written by Richard M. Hurd and published by Good Press. This book was released on 2021-04-11 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Principles of City Land Values' is a study book on the valuation of land and buildings in the American real estate market. When placed in charge of the Mortgage Department of the U. S. Mortgage & Trust Co. in 1895, the writer, Richard M. Hurd, searched in vain, both in England and this country, for books on the science of city real estate as an aid in judging values. Finding in economic books merely brief references to city land and elsewhere only fragmentary articles, the plan arose to outline the theory of the structure of cities and to state the average scales of land values produced by different utilities within them. The material for this study of the structure of cities - including their locations, starting points and lines of growth - has been gathered from a large number of local histories of American cities, old maps, commercial geographies, etc.
Download or read book Housing America written by Randall G. Holcombe and published by Routledge. This book was released on 2017-07-05 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Housing policy not only aff ects all Americans' quality of life, but has a direct impact on their fi nancial well being. About 70 percent of American households own their own homes, and for most, their homes represent the majority of their net worth. Renters are aff ected by housing policy. Even the small minority of Americans who are homeless are aff ected by housing policies specifi cally targeted to low-income individuals.The government's increasing involvement in housing markets, fed by popular demand that government "do something" to address real problems of mortgage defaults and loans, provides good reason to take a new look at the public sector in housing markets. Crises in prime mortgage lending may lower the cost of housing, but the poor and homeless cannot benefi t because of increases in unemployment. Even the private market is heavily regulated. Government policies dictate whether people can build new housing on their land, what type of housing they can build, the terms allowed in rental contracts, and much more.This volume considers the eff ects of government housing policies and what can be done to make them work better. It shows that many problems are the result of government rules and regulations. Even in a time of foreclosures, the market can still do a crucial a job of allocating resources, just as it does in other markets. Consequently, the appropriate policy response may well be to signifi cantly reduce, not increase, government presence in housing markets. Housing America is a courageous and comprehensive eff ort to examine housing policies in the United States and to show how such policies aff ect the housing market.
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:
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.
Download or read book Current Bibliography written by E. Larry Keating and published by . This book was released on 1988 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Job Creation and Housing Construction written by Raven E. Saks and published by . This book was released on 2004 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Urban Planning and the Housing Market written by Nicole Gurran and published by Springer. This book was released on 2017-05-31 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book re-examines the role of urban policy and planning in relation to the housing market in an era of global uncertainty and change. The relationship between planning and the housing market is a contested problem across research, policy, and practice. Problems with housing supply and affordability in many nations have been linked to planning system constraints, while the global financial crisis has raised new questions about the role of urban planning regulation and processes in responding to housing market trends. With reference to international cases from the United Kingdom, the United States, Ireland, Hong Kong and Australia, the book examines how different systems of urban planning and governance address complex and dynamic housing market trends. It also offers practical guidance on how urban planning can support an efficient supply of appropriate and affordable homes in preferred locations. A detailed study, which explains and decodes the workings of the planning system and housing market, this book will be of particular interest to scholars of human geography and urban planning, as well as housing policy makers and practitioners. To view Nicole Gurran’s related TEDx talk please visit: Housing Crisis? How about housing solutions. TEDx Sydney 2018 (http://bit.ly/2psfpMw)
