Comment on ‘The Effects of Affordable and Multifamily Housing on Market Values of Nearby Homes
Publication Date: December 2004
Publisher(s): Furman Center for Real Estate
Author(s): Ingrid Gould Ellen
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: land use; renters; Affordable housing
Advocates of growth management and smart growth often propose policies that raise housing prices, thereby making housing less affordable to many households trying to buy or rent homes. Such policies include urban growth boundaries, zoning restrictions on multi-family housing, utility district lines, building permit caps, and even construction moratoria. Does this mean there is an inherent conflict between growth management and smart growth on the one hand, and creating more affordable housing on the other? Or can growth management and smart growth promote policies that help increase the supply of affordable housing?