Article
Will Zoning Fix Itself?
Real Estate Law Journal
(2021)
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
Disciplines
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/