State Growth Management and Housing Prices

In the United States, growth regulations aimed at environmental protection and better-quality urban areas have become very popular since the 1960s. Although many studies have examined the housing-price effects of local and regional growth management regulations, none has examined the effects of a state law. Past research has also tended to be cross-sectional, rather than longitudinal, and has frequently ignored alternate hypotheses that could explain housing-price trends. The research presented in this article examines the housing-price effects of Florida's Growth Management Act of 1985. Copyright (c) 2006 by the Southwestern Social Science Association.