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Article
Will Zoning Fix Itself?
Real Estate Law Journal (2021)
  • Michael Lewyn
Abstract
Typically, zoning artificially limits housing supply, thus increasing housing costs. One possible defense of this system is that zoning can fix itself- that is, that when rents and housing costs become unusually high, politicians will deregulate and thus reduce housing costs. This article suggests that such a happy result is unlikely; instead, where housing costs spiral out of control, voters and politicians are likely to make regulation even more strict out of a fear of gentrification.
Keywords
  • zoning,
  • nimby,
  • rents,
  • housing
Publication Date
2021
Citation Information
Michael Lewyn. "Will Zoning Fix Itself?" Real Estate Law Journal Vol. 50 Iss. Summer (2021) p. 453 - 469
Available at: http://works.bepress.com/lewyn/220/