The impact of land use regulation across the conditional distribution of home prices: an application of quantile regression for group-level treatments

By increasing housing prices, land use regulations can have positive impacts among homeowners, but they can also have negative impacts on the availability of affordable housing. We examined heterogeneity in the price impacts of land use regulation across the conditional house price distribution; this heterogeneity may ameliorate or exacerbate the impacts of land use regulation on affordable housing. Our results suggest that the distribution of price impacts across the conditional house price distribution is relatively uniform. Results suggest that land use regulations both constrain housing supply and induce within housing market migration that spreads price impacts throughout the region.