The effects of regulation and competition on the housing market from a structural model
Real estate activity is notably influenced by local land use regulation. By acting as redtape costs or explicitly through compensatory payments, such rules typically increase construction costs by reducing supply and increasing demand in the housing market, which leads to higher prices. This is...
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| Language: | English |
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Universidade de São Paulo
2017
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| Online Access: | http://www.teses.usp.br/teses/disponiveis/12/12138/tde-27112017-160113/ |