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November 10, 2005

Zell-Lurie Center, real estate development survey

Zell-Lurie Center. For the past 14 years, researchers throughout the
country, including government agencies, have used a Wharton survey
conducted by Linneman and Anita Summers, now an emeritus professor of
public policy, management, real estate and education. That survey
covered the 60 largest central cities and 2,474 suburbs in the U.S.

Following up on that effort, the Zell-Lurie Center has launched a
bigger, more complex nationwide survey on residential land use
regulation. The latest survey covers 6,900 jurisdictions with a
response rate of 37%. Three specific metropolitan areas are also
covered in depth -- Philadelphia, Boston and the Bay Area in
California.

Summers talked about some of the questions her researchers have been
asking those who have been surveyed:

* What are the lot development costs; and
* What have been the increases over the past decade ?
* Have they been required to pay the allocable cost of
infrastructure costs and infrastructure support ?
* Have they had open space requirements; and
* Do they need to include affordable housing ?

We are able to analyze these results looking all across the nation,
sorting by rich and poor communities; more educated and less educated
communities; high and fewer pockets of poverty; and combining our
survey data with census data.

-- Anita Summers.

There questions also cover the effects of regulation on certainty,
including length of time for issuance of a building permit, as
uncertainty translates into higher costs. The surveyors also looked
at who is responsible for whatever level of regulation exists in a
community. [*]

Posted by omor at November 10, 2005 09:43 PM

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