Is there a huge demand for high-density housing that is unmet due to oppressive land-use regulations such as single-family zoning? Do homeowners support single-family zoning in order to create a cartel boosting their home values? Can denser housing reduce housing prices in high-priced regions?
Click image to download a five-page PDF of this policy brief.
Market urbanist Scott Beyer and I have been addressing these kinds of questions in our continuing debate over whether densification or sprawl are better solutions to housing affordability problems. This debate began in a Reason Foundation video called “Density or Sprawl? How to Solve the Urban Housing Crisis.” We met face-to-face, sort of, in a webcast last week titled “Build Up or Build Out: Solving the Housing Crisis,” in which we were joined by Cato scholar Scott Lincicome. The webcast generated a number of questions from the audience that weren’t answered during the event due to technical difficulties. I also posted a short article last week on the Antiplanner and Scott Beyer put up a post on his Facebook page. Continue reading