IDEAS home Printed from https://ideas.repec.org/a/taf/chosxx/v29y2014i1p128-148.html
   My bibliography  Save this article

Impact of Urban Growth Boundary on Housing and Land Prices: Evidence from King County, Washington

Author

Listed:
  • Shishir Mathur

Abstract

This study provides evidence of the impact of an urban growth boundary (UGB) on housing and land prices. The study uses a data-set that inventories sales transactions of single-family homes and of vacant lots zoned for single-family homes within two miles of either side of the eastern boundary of the primary UGB in King County, Washington. The results show that although the UGB increases land prices by 230 per cent, it decreases housing prices by 1.3 per cent. These findings should encourage policy-makers to adopt a policy framework in which a UGB's anticipated inflationary land price effect is mitigated by policies that increase housing supply. Such policies could include minimum density requirements, zoning for multifamily housing, and ordinances enabling the construction of accessory dwelling units.

Suggested Citation

  • Shishir Mathur, 2014. "Impact of Urban Growth Boundary on Housing and Land Prices: Evidence from King County, Washington," Housing Studies, Taylor & Francis Journals, vol. 29(1), pages 128-148, January.
    • Handle: RePEc:taf:chosxx:v:29:y:2014:i:1:p:128-148
    DOI: 10.1080/02673037.2013.825695
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/02673037.2013.825695
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/02673037.2013.825695?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kanis Saengchote & Voraprapa Nakavachara & Yishuang Xu, 2023. "Capitalising the Network Externalities of New Land Supply in the Metaverse," PIER Discussion Papers 203, Puey Ungphakorn Institute for Economic Research.
    2. Haynes, Kingsley E. & Kulkarni, Rajender & Sahay, Harshvardhan & Stough, Roger R., 2021. "Limits on city size and related topics," Land Use Policy, Elsevier, vol. 111(C).
    3. Han, Wenjing & Zhang, Xiaoling & Zheng, Xian, 2020. "Land use regulation and urban land value: Evidence from China," Land Use Policy, Elsevier, vol. 92(C).
    4. Erlis Saputra & Inge Satna Ariyanto & Rizki Adriadi Ghiffari & Moh Syahrul Irfan Fahmi, 2021. "Land Value in a Disaster-Prone Urbanized Coastal Area: A Case Study from Semarang City, Indonesia," Land, MDPI, vol. 10(11), pages 1-18, November.
    5. Kanis Saengchote & Voraprapa Nakavachara & Yishuang Xu, 2023. "Capitalising the Network Externalities of New Land Supply in the Metaverse," Papers 2303.17180, arXiv.org.
    6. Łaszkiewicz, Edyta & Heyman, Axel & Chen, Xianwen & Cimburova, Zofie & Nowell, Megan & Barton, David N, 2022. "Valuing access to urban greenspace using non-linear distance decay in hedonic property pricing," Ecosystem Services, Elsevier, vol. 53(C).
    7. Sebastian Eichhorn & David Pehlke, 2022. "Unintended effects of regional planning in Germany," Growth and Change, Wiley Blackwell, vol. 53(2), pages 933-950, June.
    8. Wentao Niu & Ting Nie & Xiao Chen & Tianxi Wang & Jingyi Shi & Zhenzhen Xu & Hexiong Zhang, 2022. "Understanding the Corrective Effect of the Urban Growth Boundary Policy on Land Finance Dependence of Local Governments in China," IJERPH, MDPI, vol. 19(8), pages 1-31, April.
    9. Tara Azad Rauof, 2023. "Assessing Established Residential Compounds between Regulation and Reality Utilizing Space Syntax Theories," Sustainability, MDPI, vol. 15(16), pages 1-20, August.
    10. Rubina Canesi, 2022. "Urban Policy Sustainability through a Value-Added Densification Tool: The Case of the South Boston Area," Sustainability, MDPI, vol. 14(14), pages 1-12, July.
    11. Tan, Ronghui & Xu, Shuxian, 2023. "Urban growth boundary and subway development: A theoretical model for estimating their joint effect on urban land price," Land Use Policy, Elsevier, vol. 129(C).
    12. Clemens de Olde & Stijn Oosterlynck, 2021. "Taking Implementation Seriously in the Evaluation of Urban Growth Management Strategies: “Safeguarding the Future” of the Antwerp City-Region," Land, MDPI, vol. 10(2), pages 1-20, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:chosxx:v:29:y:2014:i:1:p:128-148. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/chos20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.