Land-Use Regulation: What’s It Worth Anyway?
A century after the US Supreme Court endorsed zoning in Euclid v. Ambler, questions about the value of zoning and other land-use regulations are more central, in more conversations, than they have been for decades. Do land-use regulations hurt housing affordability more than they help achieve other goals? Would high-income metropolitan areas like the San Francisco Bay Area contribute more to economic growth if they weren’t so regulated? What benefits do land-use regulations still offer us?
Many of these questions still generate disagreement. And even when people agree that land-use regulations have negative effects, they often can’t agree on what to do about it.
To shed some light—and maybe even generate some heat—on this issue, the Urban Institute and the Cato Institute collaborated to frame a policy debate on land-use regulation.