scholarly journals Land Use Regulations, Migration and Rising House Price Dispersion in the U.S.

2018 ◽  
Author(s):  
Wukuang Cun ◽  
M. Hashem Pesaran
Author(s):  
Jonathan Levine ◽  
Joe Grengs ◽  
Louis A. Merlin

This chapter assesses the relationship between urban form and accessibility by comparing accessibility across metropolitan regions in the United States. A prevalent view among urban planning researchers is that low-density, auto-oriented metropolitan regions are also low-accessibility areas. This view, if supported, would have important implications for policy reform. For metropolitan areas in the U.S. overall, there is a positive relationship between density and auto accessibility. This suggests that land-use policy can be highly relevant to accessibility outcomes. In particular, allowing metropolitan compactness by easing land-use regulations mandating low development densities can improve the effectiveness of the roadway transportation system as defined in accessibility terms. Yet the success of the strategy remains a matter for empirical accessibility evaluation. The relationship between metropolitan density and work accessibility via automobile, while positive, is hardly ironclad, and some low-density regions do offer high auto accessibility. And transportation success overall should not just consider the automobile but should consider accessibility via all travel modes, including walking, cycling, public transport, and cars.


Land ◽  
2021 ◽  
Vol 10 (3) ◽  
pp. 261
Author(s):  
Yi Huang ◽  
Geoffrey Hewings

This paper focuses on the physical attributes of land that intrinsically limit land use and possibly affect land values. In particular, we investigate if the slope of a land does decrease its price and investigate the role of land slope in forming more reliable constant-quality land price indices and aggregate house price indices. We find that, while land slopes do decrease the land price per unit, they have a small effect on the quality-adjusted land price indices in selected neighborhoods in Auckland, New Zealand, where sloped terrain is common.


2021 ◽  
pp. 0308518X2198894
Author(s):  
Peter Phibbs ◽  
Nicole Gurran

On the world stage, Australian cities have been punching above their weight in global indexes of housing prices, sparking heated debates about the causes of and remedies for, sustained house price inflation. This paper examines the evidence base underpinning such debates, and the policy claims made by key commentators and stakeholders. With reference to the wider context of Australia’s housing market over a 20 year period, as well as an in depth analysis of a research paper by Australia’s central Reserve Bank, we show how economic theories commonly position land use planning as a primary driver of new supply constraints but overlook other explanations for housing market behavior. In doing so, we offer an alternative understanding of urban housing markets and land use planning interventions as a basis for more effective policy intervention in Australian and other world cities.


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