Carregant...
Tipus de document
Treball de fi de màsterData de publicació
Llicència de publicació
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/187972
The Effect of a minimum lot size reduction on residential property values: the case of Houston
Títol de la revista
Autors
Director/Tutor
ISSN de la revista
Títol del volum
Recurs relacionat
Resum
The reform of onerous land use regulations in the U.S. is finally having its moment in the spotlight as priority access to billions of dollars in federal grant money is being given to cities willing to make their land use regimes less exclusionary with the hope that this will ease the rising cost of housing (The United States Government, 2022). However, empirical studies on the effects of city-wide land use reform are few and far between due to the fact that examples are so rare. One of the few exceptions is Houston’s 1998 and 2013 reduction of its mandated minimum-lot-size for single-family homes. Given that the this naturalexperiment in housing reform remains astoundingly under studied, this paper takes the initiative to estimate the effect that Houston’s minimum-lot-size reduction had on residential property values in the city using appraisal data and a difference-in differences approach. The results show that that the market-value of single-family homes in Houston rose relative to those of the suburbs and that this was driven by an increase in the value of land. Although these results cannot say to what degree reducing minimum-lot-sizes would improve housing affordability, they do point to a generally more optimal use of land when size restrictions are relaxed.
Descripció
Treballs Finals del Màster d'Economia, Facultat d'Economia i Empresa, Universitat de Barcelona. Curs: 2020-2022, Tutor: Enrique López-Bazo
Matèries (anglès)
Citació
Col·leccions
Citació
SHORTELL, Joseph. The Effect of a minimum lot size reduction on residential property values: the case of Houston. [consulta: 9 de febrer de 2026]. [Disponible a: https://hdl.handle.net/2445/187972]