Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/320557 
Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
GLO Discussion Paper No. 1629
Verlag: 
Global Labor Organization (GLO), Essen
Zusammenfassung: 
In 2018, Minneapolis became the first U.S. city to eliminate single-family zoning through the Minneapolis 2040 Plan, with a central focus on improving housing affordability. Using a synthetic control approach, this paper finds that the reform reduced the growth of housing costs over the subsequent five years: home prices were 16-34% lower and rents 17.5-34% lower than a counterfactual Minneapolis. Placebo tests show these declines were the steepest among 83 donor cities (p=0.012). The effects are consistent across multiple robustness exercises and are not the result of new housing supply, but are likely due to weakened housing demand.
Schlagwörter: 
zoning reform
land use regulation
house prices
rental prices
synthetic control
JEL: 
R52
R30
R58
Dokumentart: 
Working Paper

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