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The impact of land use regulation across the conditional distribution of home prices: an application of quantile regression for group-level treatments
The Annals of Regional Science ( IF 2.2 ) Pub Date : 2020-11-21 , DOI: 10.1007/s00168-020-01032-z
Tammy Leonard , Xi Yang , Lei Zhang

By increasing housing prices, land use regulations can have positive impacts among homeowners, but they can also have negative impacts on the availability of affordable housing. We examined heterogeneity in the price impacts of land use regulation across the conditional house price distribution; this heterogeneity may ameliorate or exacerbate the impacts of land use regulation on affordable housing. Our results suggest that the distribution of price impacts across the conditional house price distribution is relatively uniform. Results suggest that land use regulations both constrain housing supply and induce within housing market migration that spreads price impacts throughout the region.



中文翻译:

土地使用监管对房价有条件分配的影响:分位数回归在群体水平治疗中的应用

通过提高住房价格,土地使用法规会对房主产生积极影响,但也可能对可负担住房的可用性产生不利影响。我们研究了有条件房价分布中土地使用监管价格影响的异质性;这种异质性可能会改善或加剧土地使用法规对经济适用房的影响。我们的结果表明,有条件房价分布中价格影响的分布相对均匀。结果表明,土地使用法规不仅限制了住房供应,而且在住房市场迁移中引发了价格波动,从而影响了整个地区的价格。

更新日期:2020-12-23
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