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A New Measure of the Local Regulatory Environment for Housing Markets: The Wharton Residential Land Use Regulatory Index

Joseph Gyourko (), Albert Saiz () and Anita Summers
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Anita Summers: Real Estate Department, The Wharton School, University of Pennsylvania, 3620 Locust Walk 1480, Steinberg-Dietrich Hall, Philadelphia, Pennsylvania 19104-6302, USA, summers@wharton.upenn.edu

Urban Studies, 2008, vol. 45, issue 3, 693-729

Abstract: A new survey of over 2000 jurisdictions across all major housing markets in the US documents how regulation of residential building varies across space. New evidence on what a `typical' degree of local regulation entails is provided. In addition, data on how the stringency of land use control varies across markets are analysed. Coastal markets tend to be more highly regulated, with communities in the Northeast region of America being the most highly regulated on average, followed by those in the West region (California especially).

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:45:y:2008:i:3:p:693-729

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