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The housing market effects of discrete land use regulations: Evidence from the California coastal boundary zone |
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| Authors: | Matthew E. Kahn Ryan Vaughn Jonathan Zasloff |
| Affiliation: | a UCLA, Institute of the Environment, Department of Economics, Department of Public Policy, La Kretz Hall, Suite 300, Box 951496, Los Angeles, CA 90095, USA;b UCLA Department of Economics, Los Angeles, CA 90095-1477, USA;c UCLA Law School, Los Angeles, CA 90095-1476, USA;d National Bureau of Economic Research, 1050 Massachusetts Ave Cambridge, MA 2138, USA |
| Abstract: | The California coast line borders some of the most beautiful and expensive land in the entire world. The California Coastal Commission was created in 1976 to protect the coast line and to regulate land use within the coastal boundary zone. This well defined regulatory boundary offers a unique opportunity to study the consequences of land use regulation on nearby housing located in the same political jurisdiction. Using two different geocoded data sets, we document gentrification within the boundary and discuss possible explanations for these patterns. |
| Keywords: | Land regulation Gentrification Amenities California |
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