Urban Institute
Left NIMBYs Strike Out Yet Again
The Urban Institute study that they cite as evidence for stopping housing does not say what they claim.
The recent publication of Ezra Klein’s and Derek Thompson’s Abundance has the Alt-Left NIMBYs out in force. Again. Outraged by Klein and Thompson’s call for zoning reform, they argue that zoning reform has nothing to do with housing affordability. That’s their standard line. What isn’t standard is their reliance on a quality peer-reviewed study from …
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CONTINUE READINGDoes Upzoning Reduce Housing Prices?
A recent careful study says no, but it suffers from unavoidable data and conceptual problems.
A new study on upzoning is out from the highly-respected Urban Institute, and it doesn’t have great news for YIMBYs: We find that reforms that loosen restrictions are associated with a statistically significant 0.8 percent increase in housing supply within three to nine years of reform passage, accounting for new and existing stock. This increase …
Continue reading “Does Upzoning Reduce Housing Prices?”
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