Balancing regulation and affordability of housing

Housing regulation is a growing concern because affordability of housing has been declining and regulations which increase housing costs have been escalating. Many of the regulations which have been adopted fulfill goals of protection of health, safety, or welfare; preservation of the environment; or improved energy conservation. Little attention, however, has been paid to the effect of these regulations on affordability. This article reviews the role of government regulation on housing, and discusses the parameters of the affordability/regulatory issue.Helpful comments and suggestions were made by Vincent Brannigan, Bob Cleveland, Deborah Godwin, Roger Swagler, Anne Sweaney, and Frank Walter.Dr. Meeks received her Ph.D. from The Ohio State University and is interested in housing economics and policy, and the economic well-being of households.