Permissive Zoning Code Could Make US Workers Rich

Someone struggling to pay rent in Philadelphia does not care whether the San Francisco Board of Supervisors grants a permit for a new apartment building in San Francisco’s Russian Hill neighborhood. But maybe they should. According to a recent paper, relaxing land use regulations in the San Francisco Bay Area and New York City could increase the average U.S. worker’s income by almost $9,000 a year and add trillions to the economy.


Source: The Regulatory Review