This study attempts to fill the research void. In this paper we use data from communities in the San Francisco Bay Area region to evaluate the effects of inclusionary zoning and examine whether it is an effective public policy response to high housing prices. We chose the Bay Area because...

Inclusionary zoning, also known as below-market housing mandates, is now in place in one-third of California cities and is spreading around the united states. Supporters of this policy advocate making housing more affordable by placing price controls on a percentage of new homes. But if almost...