Zoning and Property Rights, 2nd edition

Zoning and Property Rights, 2nd edition

Author: Lawrence Wai-chung Lai

Publisher: Hong Kong University Press

Published: 1998-04-01

Total Pages: 242

ISBN-13: 962209452X

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The author combines the unique multidisciplinary backgrounds of an academic, a political scientist, a lawyer and an urban planner to provide the reader with a novel and challenging discussion about the economic nature of land use zoning. Besides establishing a coherent framework for zoning based on the Coasian property rights paradigm, the book offers the reader several up-to-date case studies, including the government role in assigning exclusive property rights via marine fish culture zoning in Hong Kong. The observations provided in the case studies make a valuable contribution to the reader's knowledge of both the effects of zoning systems and the value of the property rights framework for analysis. They also have important implications for future town planning exercises. Lawrence Lai has been a Lecturer in economics in the Department of Surveying at the University of Hong Kong since 1989. His research interests are property rights analyses in respect of politics, urban planning and environment. This book will be of value to students working in a wide range of subjects, including the building environment and economics, as well as property professionals and environmental planners.


The Economics of Zoning Laws

The Economics of Zoning Laws

Author: William A. Fischel

Publisher: JHU Press

Published: 1987-08

Total Pages: 396

ISBN-13: 9780801835629

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Land use controls can affect the quality of the environment, the provision of public services, the distribution of income and wealth, the development of natural resources, and the growth of the national economy. The Economics of Zoning Laws is the first book to apply the modern economic theory of property rights to all major aspects of zoning. Zoning laws are neither irrational constrints on otherwise efficient markets nor disinterested attempts to correct market failure. Rather, zoning must be viewed as a collective property right, vested in local governments and administered by politicians who rationally repsond to their constituents and to developers as markets for development rights arise. The Economics of Zoning Laws develops the economic theories of property rights and public choice and applies them to three zoning controversies: the siting of a large industrial plant, the exclusionary zoning of the suburbs, and the constitutional protection of propery owners from excessive regulation. Economic and legal theory, William Fischel contends, suggest that payment of damages under the taking clause of the Constitution may provide the most effective remedy for excessive zoning regulations.


Zoning and Property Rights

Zoning and Property Rights

Author: Robert H. Nelson

Publisher:

Published: 1980

Total Pages: 192

ISBN-13: 9780262640190

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It's a deeply rooted American idea that an individual should be able to join with other persons of similar means and values to establish and maintain a preferred environment. Although not often recognized as such, zoning has major implications for the quality of physical environments, the distribution of income, transportation, housing, local taxation, and racial and class segregation. Zoning thus raises important issues concerning social inequalities and personal property rights. Robert Nelson contends that in effect zoning has created collective property rights, which are now held by local government. His book analyzes the development of zoning, its aims, fictions surrounding it, and its successes and failures. It examines recent environment land-use regulations, their probable outcomes, and future prospects of the regulatory system. Only by bringing together the disparate elements&-the socioeconomic consequences of the changes zoning has wrought on property rights; zoning history, the role of planning; political pressures on zoning administration and law&-can one understand the full complexities of the zoning problem. The author maintains that recent environmental restrictions on land use have led to an undesirable feudal trend. In detail he outlines suggestions for &"major surgery.&" He recommends that private tenure institutions resembling condominium ownership be developed to replace neighborhood zoning. Community zoning should be abolished, and decision-making should be returned to the private sector. Formal public planning organizations and government as a whole should play only a minimal role in determining specific uses of land. For all professionals in the field&-urban economists, political scientists, planners, zoning lawyers, students of urban and environmental affairs&-and even general readers who have a particular interest in the topic, Nelson's critique, with its bold advocacy of reconstruction, will provide a valuable stimulus for discussion.


Property Rights

Property Rights

Author: Terry L. Anderson

Publisher: Princeton University Press

Published: 2003

Total Pages: 412

ISBN-13: 9780691099989

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In the end, the book provides a fresh, comprehensive overview of an intriguing subject, accessible to anyone with a minimal background in economics. (An introductory chapter introduces the handful of assumptions embedded in the text's economics and law).


Zoning Rules!

Zoning Rules!

Author: William A. Fischel

Publisher:

Published: 2015

Total Pages: 416

ISBN-13: 9781558442887

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"Zoning has for a century enabled cities to chart their own course. It is a useful and popular institution, enabling homeowners to protect their main investment and provide safe neighborhoods. As home values have soared in recent years, however, this protection has accelerated to the degree that new housing development has become unreasonably difficult and costly. The widespread Not In My Backyard (NIMBY) syndrome is driven by voters’ excessive concern about their home values and creates barriers to growth that reach beyond individual communities. The barriers contribute to suburban sprawl, entrench income and racial segregation, retard regional immigration to the most productive cities, add to national wealth inequality, and slow the growth of the American economy. Some state, federal, and judicial interventions to control local zoning have done more harm than good. More effective approaches would moderate voters’ demand for local-land use regulation—by, for example, curtailing federal tax subsidies to owner-occupied housing"--Publisher's description.