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- W209764259 abstract "Informed public debate on the issue of regulatory barriers to housing development is impeded both by the lack of precision concerning the concept of regulatory barriers and the absence of sophisticated research on the impact of regulations on the supply and cost of housing. Existing research suggests that a wide range of federal, state, and local regulations, including building codes, environmental laws, land use regula tions, and impact fees, as well as the government procedures to administer these reg ulations, reduces the supply of housing and generates substantial costs. Nevertheless, not all of these regulations can be fairly condemned as To the contrary, some costly regulations can be justified because they promote public health or safety. Others increase price because they generate amenities and, thereby, increase the demand for housing. Many forms of federal, state, and local regulation, however, are neither necessary nor efficient. Others may be efficient, but still generate unacceptable affordability problems for lowand moderate-income households. Existing research on the effects of government regulation on the supply and cost of housing is insufficient to guide public policy. Current studies either ignore entire categories of relevant rules or employ poorly designed methodologies that cannot separate the independent effects of demand and supply. Along with political con straints, this lack of research has contributed to insufficient efforts at all levels of government to remove regulatory barriers." @default.
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- W209764259 date "2005-01-01" @default.
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- W209764259 title "Regulations and Housing Development: What We Know" @default.
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