Did Overzealous Activists Destroy Housing Affordability in San Francisco
A Time-Series Test of the Effects of Rezoning on Construction and Home Prices, 1967—1998
Bibliographic Data
| ID | 6404755 |
|---|---|
| Authors | Karl Beitel (Service Employees International Union, Local 790 San Francisco, corresponding author) |
| Year | 2007 |
| Volume | 42 |
| Issue | 5 |
| Pages | 741-756 |
| Publication date | 2007-05-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Urban Affairs Review (JOURNAL) |
| Journal identifiers | ISSN: 1078-0874 • E-ISSN: 1552-8332 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/1078087406296795 |
| OpenAlex | W2042946541 |
| Language | EN |
| Citations received | 7 |
| References cited | 8 |
In this article, I use time-series models of construction and price levels in the San Francisco housing market to test claims that implementation of more strict zoning controls restricts housing construction and artificially inflates housing prices. The results do not support these claims. I argue that the primary barrier to new housing construction derives from the interaction of financial market variables, household search behavior, and the unique characteristics of urban land markets that in tandem act to constrain new construction to high-end luxury segments of the local housing market. Increasing the supply of affordable housing in San Francisco will therefore require large-scale public subsidies to compensate for the failure of the market to meet the pressing housing needs of low-to-moderate-income households
Affordable housing · Business · Economic growth · Economics · Low income housing · Market economy · Market failure · Microeconomics · Public economics · Public housing · Subsidized housing · Subsidy · Zoning · Financial Literacy, Pension, Retirement Analysis · Fiscal Policy and Economic Growth · Housing Market and Economics · Law · Finance
Walls of Perception
Spatially disaggregated simulation of interactions between home prices and land-use change
Rental tenure and rent burden
Drivers of housing (un)affordability in the advanced economies
Intercity Rent Differentials in the U.S. Housing Market 2000
The impact of income inequality on rental affordability
Housing
| Citations per year | 0.41 |
|---|---|
| Citation span | 2009 - 2025 (17) |
| Highly cited | No |