Upzoning and property values

REDRAWN FROM STUDY DATAFigure 2 · Minneapolis and control-city price trends

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Minneapolis prices rose relative to nearby controls after the plan was announced.

The treated and comparison paths separate after the policy marker, especially for Minneapolis homes.

Source: Kuhlmann (2021)
Figure: Figure 2 · Minneapolis and control-city price trends · Figure 2; PDF p. 9
Redraw data: Values digitized from Figure 2 in the archived publication; minor reading error is possible.
Keep in mind: This very early analysis studies property values around announcement, before much new construction could occur.

View values used in redraw