• World News
  • Politics
  • Stock
  • Investing
  • Editor’s Pick
Time And Sales Reporter
Editor's PickInvesting

Land-Use Regulations Make Housing Less Affordable

by March 17, 2025
March 17, 2025

Jeffrey Miron and Jacob Winter

housing, build

US housing prices have risen faster than income since 2000, making housing less affordable. 

The solution is more housing, and the question is, what is holding that back? Recent research (Cato Research Brief no. 424) finds that land-use regulations have made construction firms less productive: 

The likelihood that a project is approved decreases as its size increases. Thus, regulation causes the average project size to shrink as entrepreneurs pursue a smaller project scale for a higher probability of receiving a permit .… As firm size shrinks, so do incentives to invest in technology. The overall productivity of the industry consequently declines. 

Indeed, the authors present evidence that: 

areas with stricter land-use regulations … have smaller and less productive construction firms. [Moving from] Atlanta’s [to] San Francisco’s regulatory strictness is associated with a 12 percent reduction in total revenue per firm and a one-third reduction in the share of employment in large firms. 

Ultimately, their findings reveal: 

much less residential and nonresidential construction activity in areas with stricter land-use regulations. 

This research adds to the growing evidence that relaxing land-use regulations is the most effective way to expand housing supply and increase affordability. For example, local governments should allow more multi-family developments.

This article appeared on Substack on March 15, 2025.

previous post
America celebrates Irish culture and politics on St. Patrick’s Day
next post
New Essay: Public Health as If People Mattered

Related Posts

Editor’s Picks: Gold Faces Bumpy Week on Trade...

June 1, 2025

U.S. foreign tax bill sends jitters across Wall...

May 31, 2025

Amazon taps Xbox co-founder to lead new team...

May 31, 2025

Top 5 Canadian Mining Stocks This Week: Adyton...

May 31, 2025

Appeals Court Grants Trump Temporary Reprieve on Tariffs,...

May 31, 2025

Ontario Backs Down on Key Bill 5 Provisions,...

May 31, 2025







    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.




    Recent Posts

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      June 1, 2025
    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      June 1, 2025
    • ROBERT MAGINNIS: 9 signs Beijing’s Taiwan invasion may be imminent

      June 1, 2025
    • Iran condemns Austria over report on advanced nuclear weapons program

      June 1, 2025
    • Israel hostage deal in doubt as Hamas adds demands, US envoy calls terms ‘unacceptable’

      June 1, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 timeandsalesreporter.com | All Rights Reserved

    Time And Sales Reporter
    • World News
    • Politics
    • Stock
    • Investing
    • Editor’s Pick

    Read alsox

    McDermitt Project Fast-Tracked Under U.S. FAST-41 Initiative

    April 22, 2025

    ITM and Radiopharm Sign Supply Agreement for n.c.a....

    May 20, 2025

    5 Best-performing Copper Stocks on the TSX in...

    April 23, 2025