In a new policy paper, Michael Stegman, a senior housing policy fellow at the Milken Institute Center for Financial Markets, argues that the collective impact of decades of layering exclusionary zoning and land use controls is not just higher housing prices. These regulations, he says, are also a powerful contributor to declining rates of economic mobility and productivity growth, and widening disparities in the wealth of white and black Americans.
While having local roots, exclusionary land use practices have clearly become a national problem that Stegman says requires bold national action.
Read his paper, Eliminating Exclusionary Land Use Regulations Should be the Civil Rights Issue of our Time
, which can be found at Harvard University’s Joint Center for Housing Studies website.