2. Coldwell Banker House

3. 2,200-square feet 4 bedroom 2-1/2 baths Family room 2-car garage Nice neighborhood

4. $170,000 in Houston

5. $320,000 in Portland

6. $422,000 in Modesto

7. $1,100,000 in San Jose

13. Growth- Management Planning Efforts to control the rate and/or the location of future growth.

18. $933,000 in London

21. LAFCos CEQA Planning/Appeals Why Is California Housing So Expensive?

28. Rule: Housing will remain affordable as long as developers have access to vacant, unregulated land outside of city limits

34. Private property is "an institution that communities reshape over time to promote evolving goals." —Eric Freyfogle

39. New York City’s historic preservation "law embodies a comprehensive plan to preserve structures of historic or aesthetic interest wherever they might be found in the city" —Justice Brennan, PennCentral

41. New London had "carefully formulated an economic development plan that it believes will provide appreciable benefits to the community" —Justice Stevens, Kelo v. New London

42. "The taking occurred in the context of a comprehensive development plan." —Justice Kennedy, Kelo v. New London

54. “Government regulation is responsible for high housing costs where they exist.” Edward Glaeser & Joseph Gyourko

55. The Planning Penalty Added cost per median- valued home $165,000 in Modesto $316,000 in Los Angeles $513,000 in San Jose $850,000 in San Francisco-Oakland area

56. The Total Annual Penalty Added cost to all people who bought homes in the nation, state, or region during 2005 $136 billion in California $275 billion in U.S.A.

58. More volatile prices Declines in employment and income Ensures that only affluant people can afford to live in a region “Boutique city catering only to elite”

65. “In sprawled areas, black households consume larger units and are more likely to own their homes.” Matthew E. Kahn

66. “Had Portland's policies been applied nationwide over the last 10 years, over a million young and disadvantaged families, 260,000 of them minority families, would have been denied the dream of home ownership.” Randall Pozdena The New Segregation

67. Solutions Worse Than the Disease Inclusionary Zoning Subsidies to Low-Income Housing Rent controls Tax-increment financing These practices reduce housing costs for a small minority by driving up the cost of housing and/or taxes for everyone else

69. “Inclusionary zoning produces few units. After passing an ordinance, the average [Bay Area]city produces fewer than 15 affordable units per year.” Powell & Stringham

70. “Inclusionary zoning makes other homes more expensive. We estimate IZ causes the price of new homes in the median city to increase by $22,000 to $44,000.” Powell & Stringham

71. “New housing production drastically decreases the year after cities adopt inclusionary zoning.... New construction decreases 31 percent.” Powell & Stringham

72. “Price controls fail to get to the root of the affordable housing problem.... The real problem is government restriction on supply.” Powell & Stringham

73. “If policy advocates are interested in reducing housing costs, they would do well to start with zoning reform.” Edward Glaeser & Joseph Gyourko

74. Ban Government Planning Repeal LAFCos, CEQA, and other state planning laws Shut down city planning Replace planning with: User fees Markets Mission-specific agencies

78. Protecting freedom, mobility, and affordable homeownership

84. Recovering from Planning San Jose, CA November 10–12, 2007

86. Land Use Without Zoning Houston, TX May 16–18, 2008

88. For more information: Web sites: ti.org cato.org americandreamcoalition.or g E-mail: rot@ti.orgrot@ti.org