The Effect of Zoning Laws on Housing Prices and BAH Rates

reportActive / Technical Report | Accession Number: ADA621277 | Open PDF

Abstract:

This thesis is an analysis of the effect of zoning laws and regulations on the price of residential housing. Economists Edward Glaeser and Joseph Gyourko have completed significant work on this topic. Their efforts have focused on the correlation of high housing prices with zoning laws and other land-use controls, but stop short of estimating the impact of zoning laws on actual housing prices in specific markets. This thesis expands on their research and estimates what residential housing prices would be without the regulations. It also estimates the deadweight loss DWL caused by the zoning laws in various high-cost markets. The results show significant price reductions from both complete and partial elimination of zoning restrictions. This thesis also uses these estimates to calculate the impact of the zoning laws on Basic Allowance for Housing BAH in the markets analyzed. Estimated BAH rates with zoning reduced or eliminated were substantially lower in many of the high-cost housing markets studied.

Author(s):
Fitzkee, William
Author Organization(s):
NAVAL POSTGRADUATE SCHOOL MONTEREY CA GRADUATE SCHOOL OF BUSINESS AND PUBLIC POLICY
Descriptive Note:
MBA professional rept.
Supplementary Note:
The original document contains color images. DOI: 10.21236/ADA621277
Pagination:
0063

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.

RECORD

Collection: TR
Identifying Numbers
Monitor Series:
NPS
 Subject Terms
Joint Capability Areas:
JCA_4.6.1_General Engineering; JCA_4.6_Engineering; JCA_5_Command and Control; JCA_1_Force Support; JCA_5.3_Planning; JCA_1.3_Human Capital Management; JCA_6.4.1_Secure Information Exchange; JCA_1.3.2_Personnel Management; JCA_1.4_Force Support; JCA_6_Net Centric; JCA_1.4.1_Force Health Protection; JCA_6.4_Information Assurance; JCA_8_Building Partnerships; JCA_1.2_Force Preparation; JCA_8.2_Shape
Communities of Interest:
Human Systems
Descriptor(s):
*HIGH COSTS, *HOUSING(DWELLINGS), *LAND USE, *LEGISLATION, RESIDENTIAL SECTION, TAXES, THESES
Field(s)/Group(s):
Economics and Cost Analysis, Sociology and Law
Keyword(s):
ZONING LAWS, HOUSING PRICES, BAH RATES, BAH(BASIC ALLOWANCE FOR HOUSING), LAND USE RESTRICTIONS, HOUSING SUPPLY, DWL(DEADWEIGHT LOSS), RENT
Report Date:
2014 Dec 01
Creation Date:
2015 Sep 28