Smart Growth Creates a New Rent Belt

[Demographia/PublicPurpose/RentalCarTour Updates]

Housing Affordability: Smart Growth Abuses Are Creating a "Rent Belt"
of High-Cost Areas

by Wendell Cox and Ronald D. Utt, Ph.D.

Backgrounder #1999

January 22, 2007

Housing affordability problems are concentrated in regions where
anti-growth land-use regulations have limited the supply of building
lots. High-cost housing encourages business and households to move
elsewhere and undermines the regional economy. The solution is to
attack the root cause of the affordability problem (restrictive
land-use regulations) and increase the supply of building lots.

http://www.heritage.org/Research/SmartGrowth/bg1999.cfm