The Local Residential Land Use Regulatory Environment Across U.S. Housing Markets: Evidence from a New Wharton Index
We report results from a new survey of local residential land use regulatory regimes for over 2,450 primarily suburban communities across the U.S. The most highly regulated markets are on the two coasts, with the San Francisco and New York City metropolitan areas being the most highly regulated according to our metric. Comparing our new data to that from a previous survey finds that the housing bust associated with the Great Recession did not lead any major market that previously was highly regulated to reverse course and deregulate to any significant extent. Moreover, regulation in most large coastal markets increased over time.
We appreciate the excellent work of Laura Gooderis and her colleagues at the International City Managers Association (ICMA) for helping implement the new survey used in this paper. Ingrid Ellen and participants in presentations at the 2019 NBER Summer Institute and at the Wharton School’s Urban Lunch group provided valuable comments on an initial draft of this paper. We also benefited from the superb research assistance of Diane Ding, Anna Gao, Xinyu Ma and Sean McCulloch. Finally, we appreciate the financial support of the Research Sponsors Program of the Zell/Lurie Real Estate Center at Wharton. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
Joseph Gyourko & Jonathan S. Hartley & Jacob Krimmel, 2021. "The local residential land use regulatory environment across U.S. housing markets: Evidence from a new Wharton index," Journal of Urban Economics, vol 124. citation courtesy of