Upzoning Chicago: Impacts of a Zoning Reform on Property Values and Housing Construction
Yonah Freemark | Upzoning—a policy that increases the allowed scale of new construction—has recently attracted considerable attention from policymakers. States from California to Utah are considering legal changes that would require municipalities to increase the amount of new housing allowed to be built in certain neighborhoods. In Minneapolis, local officials have done what was previously thought politically impossible: Allow the construction of multi-family apartments in neighborhoods formerly zoned only for single-family homes. Read More
