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Adam Millsap: How Political Capitalism Helps Explain Zoning

Local zoning policy in America is dreadful. There’s robust evidence it increases housing prices by restricting supply, making many cities unlivable for people with low or modest incomes. Yet despite rampant criticism, restrictive zoning persists. A new book that analyzes collusion between the economic and political elite helps explain

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Posted: March 19, 2019 Tuesday 01:50 PM