Research shows Silicon Valley land conservation didn't hurt housing development
Wednesday, March 10, 2010 - 17:14
in Mathematics & Economics
(PhysOrg.com) -- It's no secret that the San Francisco Bay Area, where the median house price is $350,000, is home to expensive real estate. Developers have often blamed conservationists for the high costs by arguing that making land off-limits for new construction shrinks the area's housing supply and drives up prices.