Upzoning Chicago: (Record no. 13823)

MARC details
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005 - DATE & TIME
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Freemark , Yonah
245 ## - TITLE STATEMENT
Title Upzoning Chicago:
Sub Title Impacts of a Zoning Reform on Property Values and Housing Construction/
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Sage,
Date of publication, distribution, etc 2020.
300 ## - PHYSICAL DESCRIPTION
Pages Vol 56, Issue 3, 2020:( 758-789 p.).
520 ## - SUMMARY, ETC.
Summary, etc What are the local-level impacts of zoning change? I study recent Chicago upzonings that increased allowed densities and reduced parking requirements in a manner exogenous of development plans and neighborhood characteristics. To evaluate outcomes, I use difference-in-differences tests on property transaction prices and housing-unit construction permits. I detect significant, robust increases in values for transactions on parcels that received a boost in allowed building size. I also identify value increases for residential condominiums, indicating that upzoning increased prices of existing housing units. I find no impacts of the reforms, however, on the number of newly permitted dwellings over five years. As such, I demonstrate that the short-term, local-level impacts of upzoning are higher property prices but no additional new housing construction.
773 0# - HOST ITEM ENTRY
Host Biblionumber 9296
Host Itemnumber 16911
Place, publisher, and date of publication Sage Publications
Title Urban Affairs Review
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://doi.org/10.1177/1078087418824672
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type E-Journal
100 ## - MAIN ENTRY--PERSONAL NAME
-- 55927
942 ## - ADDED ENTRY ELEMENTS (KOHA)
-- ddc

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