Longer commutes affect the cost of living in large cities more than zoning restrictions
Published Date: 7/22/2022
Source: phys.org
Conventional wisdom in recent years has placed much of the blame for the rising cost of living in American cities on overly strict zoning policies. But a research team featuring economists and alumni from the George Washington University Columbian College of Arts and Sciences (CCAS) discovered that higher transportation costs have a greater impact on the cost of living than zoning restrictions.