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This new paper analyses the effects of upzoning in Auckland by first specifying and second estimating an urban economic model.
The results imply upzoning led to:
- a 24% increase in floorspace; and
- a 15 to 27% fall in house prices.
Paper here: t.co/VhlUfIgsTD
This new paper analyses the effects of upzoning in Auckland by first specifying and second estimating an urban economic model.
The results imply upzoning led to:
- a 24% increase in floorspace; and
- a 15 to 27% fall in house prices.
Paper here: t.co/VhlUfIgsTD
(Rethink 794, Photos by Xu Zhang)
(Rethink 794, Photos by Xu Zhang)