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July 14, 2026Economic InquiryOpen Access

Can zoning reform reduce housing costs? Evidence from rents in Auckland

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Authors

RGRyan Greenaway‐McGrevyYSYun So

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Overview

Randomized trial investigates reduced housing costs post-zoning reform in Auckland, suggesting effective policy change.

Key Points

  • The research aims to determine if zoning reform reduces housing costs in Auckland.
  • Adoption of a synthetic control method to estimate rental prices.
  • Comparison of actual rental prices post-reform to a counterfactual scenario with no zoning change.
  • Analysis conducted over an eight-year period following the zoning reform.
  • Rents in Auckland decreased by 23% attributable to the zoning reform.
  • Findings are consistent across various empirical specifications.
  • Supports the idea that upzoning enhances housing affordability.

Cite This Study

Greenaway‐McGrevy et al. (2026) studied this question.

synapsesocial.com/papers/6a55d18e5aafca87247f8855https://doi.org/10.1111/ecin.70075
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