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?WHY IS
RENT HIGH?
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  2. Local housing regulation varies widely across communities.
?WHY IS
RENT HIGH?
Measuring regulation

Local housing regulation varies widely across communities.

The original Wharton index has a broad distribution, making cross-market regulatory comparisons possible.

REDRAWN FROM STUDY DATAFigure 3 · Distribution of the Wharton regulation index
Figure 3 · Distribution of the Wharton regulation indexThe original Wharton index has a broad distribution, making cross-market regulatory comparisons possible. Values digitized from Figure 3 in the archived publication; minor reading error is possible.00.200.40DensityWharton regulation indexObserved communitiesNormal comparison−2.5−1.5−0.50.51.52.5
Figure 3 · Distribution of the Wharton regulation index. Values digitized from Figure 3 in the archived publication; minor reading error is possible.
Wharton regulation indexObserved communitiesNormal comparison
−2.50.010.02
−20.040.06
−1.50.120.15
−10.280.3
−0.50.460.45
00.50.5
0.50.360.42
10.20.28
1.50.10.14
20.040.05
2.50.010.01

Source: Gyourko, Saiz & Summers (2008) · Figure 3; PDF p. 13

Data: Values digitized from Figure 3 in the archived publication; minor reading error is possible.

Keep in mind: An index summarizes many rules and institutions; equal scores need not represent identical policies.

Share the evidence

Local housing regulation varies widely across communities.

The original Wharton index has a broad distribution, making cross-market regulatory comparisons possible.

Source
Gyourko, Saiz & Summers (2008)
Figure
Figure 3 · Distribution of the Wharton regulation index · Figure 3; PDF p. 13
Redraw data
Values digitized from Figure 3 in the archived publication; minor reading error is possible.
Keep in mind
An index summarizes many rules and institutions; equal scores need not represent identical policies.
View values used in redraw
Values used to redraw Figure 3 · Distribution of the Wharton regulation index
Wharton regulation indexObserved communitiesNormal comparison
−2.50.010.02
−20.040.06
−1.50.120.15
−10.280.3
−0.50.460.45
00.50.5
0.50.360.42
10.20.28
1.50.10.14
20.040.05
2.50.010.01
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?WHY IS
RENT HIGH?

Too many people are chasing too few homes. See why—and what communities can do about it.

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