Lewis Center Reviews Perspectives on Housing Development
An article in Planetizen highlighted the findings of a recent publication from the Lewis Center for Regional Policy Studies on the effects of market-rate housing development on surrounding neighborhoods. The report, co-authored by Lewis Center project manager Shane Phillips and UCLA Luskin faculty Michael Manville and Michael Lens, reviews the findings of six papers published since 2019, highlighting different perspectives on the zoning debate. “On one side are those who think new market-rate units — unsubsidized homes whose price often places them beyond the reach of lower- and middle-income households — make nearby housing more affordable by increasing availability and relieving pressure on the existing housing stock,” they explained. “An opposing view, however, is that new housing only attracts more wealthy households, brings new amenities to the neighborhood (including the housing itself), and sends a signal to existing landlords that they should raise their rents.” The report helps to guide the ongoing conversation about the effects of market-rate development.
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