class: center, middle, inverse, title-slide .title[ # Housing Policies in Practice: A Dive into the Evidence ] .subtitle[ ## Housing Policies in Practice ] .author[ ### Hussain Hadah (he/him) ] .date[ ### 11 April 2024 ] --- layout: true <div style="position: absolute;left:20px;bottom:5px;color:black;font-size: 12px;">Hussain Hadah (he/him) (Tulane) | Housing Policies in Practice | 11 April 2024</div> <!--- Housing Policies in Practice | 11 April 2024--> --- <style type="text/css"> /* Table width = 100% max-width */ .remark-slide table{ width: auto !important; /* Adjusts table width */ } /* Change the background color to white for shaded rows (even rows) */ .remark-slide thead, .remark-slide tr:nth-child(2n) { background-color: white; } .remark-slide thead, .remark-slide tr:nth-child(n) { background-color: white; } </style> ## Overview of the Evidence ### We will go over several papers that study the effect of housing policies on affordability ### Will will cover the impact of: 1. Exclusionary Zoning 2. Homeowners Associations 3. Redlining 4. Upzoning --- class: segue-yellow background-image: url("assets/TulaneLogo.svg") background-size: 20% background-position: 95% 95% # Exclusionary Zoning --- ## Definition ### Exclusionary zoning refers to the practice of using zoning ordinances to exclude certain types of land uses from a given community ### It has been used to exclude low-income families and minorities from living in certain neighborhoods ### First laws were passed in 20th century to prevent the construction of affordable apartments --- class: segue-yellow background-image: url("assets/TulaneLogo.svg") background-size: 20% background-position: 95% 95% # Aaronson Et Al. (2020) & Aaronson Et Al. (2021) --- ## Overview ### What is the long-run effects of the 1930s Home Owners' Loan Corporation (HOLC) redlining maps on socioeconomic status and economic mobility? -- ### Redlining reduced home ownership rates, house values, and rents and increased racial segregation in later decades ### People born in 1970s and 1980s were significantly affected by the HOLC maps --- ## Background: Redlining .blockquote[ ### <svg viewBox="0 0 512 512" style="height:1em;position:relative;display:inline-block;top:.1em;" xmlns="http://www.w3.org/2000/svg"> <path d="M144 208c-17.7 0-32 14.3-32 32s14.3 32 32 32 32-14.3 32-32-14.3-32-32-32zm112 0c-17.7 0-32 14.3-32 32s14.3 32 32 32 32-14.3 32-32-14.3-32-32-32zm112 0c-17.7 0-32 14.3-32 32s14.3 32 32 32 32-14.3 32-32-14.3-32-32-32zM256 32C114.6 32 0 125.1 0 240c0 47.6 19.9 91.2 52.9 126.3C38 405.7 7 439.1 6.5 439.5c-6.6 7-8.4 17.2-4.6 26S14.4 480 24 480c61.5 0 110-25.7 139.1-46.3C192 442.8 223.2 448 256 448c141.4 0 256-93.1 256-208S397.4 32 256 32zm0 368c-26.7 0-53.1-4.1-78.4-12.1l-22.7-7.2-19.5 13.8c-14.3 10.1-33.9 21.4-57.5 29 7.3-12.1 14.4-25.7 19.9-40.2l10.6-28.1-20.6-21.8C69.7 314.1 48 282.2 48 240c0-88.2 93.3-160 208-160s208 71.8 208 160-93.3 160-208 160z"></path></svg> Redlining Derived from the red shading that demarcated the lowest-ranked D neighborhoods in which the racial makeup of neighborhoods were explicit factors that were often pivotal in assigning grades. ] --- ## HOLC Maps <img src="03-housing_files/figure-html/unnamed-chunk-3-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Summary Statistics <img src="03-housing_files/figure-html/unnamed-chunk-4-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Effect of Redlining: D-C Border <img src="03-housing_files/figure-html/unnamed-chunk-5-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Effect of Redlining: C-B Border <img src="03-housing_files/figure-html/unnamed-chunk-6-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Effect of Redlining: Income & Upward Mobility <img src="03-housing_files/figure-html/unnamed-chunk-7-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Effect of Redlining: Poverty & Incarceration <img src="03-housing_files/figure-html/unnamed-chunk-8-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Effect of Redlining: Family Structure <img src="03-housing_files/figure-html/unnamed-chunk-9-1.png" width="748px" style="display: block; margin: auto;" /> --- class: segue-yellow background-image: url("assets/TulaneLogo.svg") background-size: 20% background-position: 95% 95% # Clarke and Freedman (2019) --- ## What is the relationship between being in a homeowners association and housing prices? ### Having an HOA increases housing prices by 4.2% on average ### HOAs has a large effect on income and racial segregation --- ## Relationship between HOAs and Diversity <img src="03-housing_files/figure-html/unnamed-chunk-10-1.png" width="748px" style="display: block; margin: auto;" /> --- class: segue-yellow background-image: url("assets/TulaneLogo.svg") background-size: 20% background-position: 95% 95% # Song (2021) --- ## How do zoning restrictions affect housing prices, construction, and segregation? ### Zoning restrictions increases: #### A 100% increase in minimum lot size increases: 1. Housing prices by 14% 2. Rent by 6% 3. Intensity of segregation --- ## Minimum Lot Size and Segregation <img src="03-housing_files/figure-html/unnamed-chunk-11-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Minimum Lot Size and Housing Prices and Rent <img src="03-housing_files/figure-html/unnamed-chunk-12-1.png" width="748px" style="display: block; margin: auto;" /> --- class: segue-yellow background-image: url("assets/TulaneLogo.svg") background-size: 20% background-position: 95% 95% # Jarvis (2021) --- ## What is the effect of NIMBYism on local planning? #### What is NIYMBYism? - Not In My Backyard (NIMBY) is a term used to describe opposition by residents to a proposal for a new development close to them -- - The author finds strong local opposition to wind projects - Increased wind power deployment costs by 10-29% -- - Similar opposition could and does apply to local housing projects --- ## Example of NIMBYism - [Tree Murder Song](https://twitter.com/gramsofgnats/status/1227658713973940224?s=61&t=Ypr5tIPuoNPFVrHneOfZ8g) - [Egg Lady](https://www.youtube.com/watch?v=ZilZ6P2P49Q) - New apartments mean new housing but what about the poor [Zucchini](https://www.youtube.com/watch?v=3VnwT-dzJUs) in her backyard - [The Falafel Gambit](https://medium.com/yimbyneoliberal/the-great-falafel-debacle-27231edce59e) -- ### So, is local opposition to projects democratic? --- <img src="03-housing_files/figure-html/unnamed-chunk-13-1.png" width="748px" style="display: block; margin: auto;" /> --- class: segue-yellow background-image: url("assets/TulaneLogo.svg") background-size: 20% background-position: 95% 95% # Greenaway-McGrevy and Phillips (2023) --- ## What is the impact of upzoning on construction? - Upzoning is when single family zoning restrictions are loosened ### Upzoning stimulated construction ### Upzoning can stimulate housing supply --- ## Upzoning stimulates construction <img src="03-housing_files/figure-html/unnamed-chunk-14-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Upzoning stimulates construction <img src="03-housing_files/figure-html/unnamed-chunk-15-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Upzoning stimulates construction <img src="03-housing_files/figure-html/unnamed-chunk-16-1.png" width="748px" style="display: block; margin: auto;" /> --- ## Upzoning stimulates construction <img src="03-housing_files/figure-html/unnamed-chunk-17-1.png" width="748px" style="display: block; margin: auto;" /> --- class: tulane-blue background-image: url(assets/TulaneLogo-white.svg) background-size: 260px background-position: 5% 95% # Tulane and the Murphy Institute are hosting a housing sympoisum - Friday and Saturday April 12 and 13