February 19, 2008
Zoning and the Subprime Crisis
Over at the VC, Ilya Somin has a post on possible links between restrictive zoning and the subprime market. I have to say that I'm a bit skeptical. I can see how zoning increases housing prices, but I can't see too much of a link between zoning and people getting mortgages on houses that they couldn't afford.
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