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In an attempt to determine the economic impact of zoning and land-use regulations, Supervisor Mark Farrell has called on the city’s chief economist to produce a report to help guide future rule-making.
“Overly restrictive zoning and land-use regulations not only impact us here locally, but also impact the region and nation in terms of economic inequality and opportunity,” said Farrell. “We need to strike a balance between protecting our neighborhood diversity in San Francisco and policies which promote sustainable, long-term growth.”
Farrell is seeking information on how these restrictions impact housing costs, economic productivity, income inequality, job creation or loss, commercial real estate costs, and related effects. He expects the report to be released in early fall, at which time Farrell will host a hearing to discuss it.
