California still needs more housing close to transit.
In recent weeks, California has emerged as one center of the COVID-19 pandemic, but it continues to face challenges that existed long before the disease reached the state. Two serious ones: how California will meet its ever more stringent greenhouse gas emission reduction targets, and how the state will manage to provide affordable housing for …CONTINUE READING
New Research Indicates That Inclusionary Zoning Should Accompany Liberalization
Well, that’s not what YIMBYs wanted. Yonah Freemark of MIT in the Urban Affairs Review: What are the local-level impacts of zoning change? I study recent Chicago upzonings that increased allowed densities and reduced parking requirements in a manner exogenous of development plans and neighborhood characteristics. To evaluate outcomes, I use difference-in-differences tests on property …CONTINUE READING
Auctioning the Upzone: A New Strategy for Inducing Local-Government Compliance with State Housing Policies
New White Paper by U.C. Davis Law Professors Recommends Market-Based Tool to Incentivize Intensified Urban Development in California and Beyond
(Note: the following post was co-authored by U.C. Davis School of Law Professors Chris Elmendorf and Darien Shanske; the white paper discussed in the post is their work product.) California’s housing policies–a topic that for years received precious little attention from state officials–has suddenly become the Golden State’s hottest political and policy issue. The California Legislature passed …CONTINUE READING