AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
UCLA Housing Voice
Ep 83: Local Effects of Upzoning with Simon Büchler and Elena Lutz
Dec 11, 2024
Simon Büchler, an Assistant Professor of Finance, and Elena Lutz, a Ph.D. candidate in Urban Planning, delve into the long-term effects of upzoning in Zurich. They discuss how relaxing land-use regulations increased housing supply by 9% without a significant rise in rents. Their research highlights the complexities of zoning reform and its impact on affordability while addressing concerns like gentrification. The guests also explore the challenges posed by large upzonings and the concept of 'bindingness' in regulations, providing valuable insights for other urban areas grappling with similar issues.
01:01:15
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Upzoning in Zurich significantly increased housing supply, with upzoned areas producing up to 12% more units compared to non-upzoned regions.
- Despite the increase in housing units from upzoning, rents remained stable, suggesting that new supply may mitigate price hikes in high-demand areas.
Deep dives
Impact of Upzoning on Housing Supply
Upzoning in Zurich significantly increased housing supply, with upzoned areas producing 9% more living space and housing units compared to non-upzoned areas. Areas that experienced larger upzonings saw even greater increases, with housing supply rising by up to 12% in those jurisdictions. The study revealed that approximately 50% of upzoned parcels were redeveloped within a 15-year span, indicating that while upzoning effectively encourages development, the full effects may take longer to materialize. This suggests that high-density developments are likely to emerge more prominently as time progresses, particularly in prime locations where demand exists.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode