Sacramento Bee columnist Daniel Weintraub has written a column questioning inclusionary zoning policies after reading the Reason Institute’s study on the topic. That column can be found here.
Two quotes:
“The study, by San Jose State University professors Benjamin Powell and Edward Stringham, concludes that inclusionary zoning drives up the cost of housing, deprives government of tax revenue and might actually be making worse the problem it is intended to solve.”
“Even if you believe that inclusionary zoning comes at no cost to either the housing market or the treasury, it still appears that the policies are producing very little new housing.
Viewed under the best possible light, using inclusionary zoning to provide low-income housing is like fighting a forest fire with a garden hose. Under the harsh light this study shines on the policy, that hose might be spraying fuel, rather than water, on the fire.”
I couldn’t agree more.
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