On Land Use Regulation and Housing Costs

Source: USGS.

Source: USGS.

Tech Crunch has a very thorough article by Kim-Mai Cutler, focusing on the culprits behind stratospheric housing costs in the San Francisco Bay area and elsewhere: outdated and excessive land use regulations. The sad part of this entire phenomenon, which LT has covered extensively, is that many of the regulations that have become problematic were enacted for well-intentioned reasons, but have evolved and aggregated into political roadblocks that are displacing middle-class residents, foreclosing on people’s opportunities, and entrenching the advantages of those who got there first — wherever there is — versus those who might have something new to offer. Cutler’s piece is good reading, and has nice visuals. So let’s keep belaboring this point until it becomes conventional wisdom: Bad zoning, and its myopic politics, are strangling us. We need to dismantle the antiquated frameworks, and replace them with flexible new approaches that are both more equitable and much more pro-development.