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    How Has U+2 Enforcement Affected Housing Affordability in Fort Collins? Using the Synthetic Control Method to Analyze the Affordability Implications of Residential Occupancy Regulation

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    Date
    2019-05
    Author
    Schlom, Ryan
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    Abstract
    In 2007, the City of Fort Collins began enforcing “U+2”, a residential occupancy restriction created in the 1960s which limited the number of unrelated persons who may cohabit legally. In a 2005 study, Corona Research estimated that 1,070 households were in violation of the ordinance. This study employs the synthetic control method (SCM) (Abadie and Gardeazabal 2003; Abadie et al 2010) to estimate the effect of enforcing U+2 on the cost of housing in Fort Collins, Colorado. The SCM is a data-driven comparative case study methodology which allows the researcher to estimate the impact of an intervention (such as U+2) on an outcome variable – in this case, the cost of housing. The results of this SCM are sensitive, but they indicate consistently that U+2 enforcement materially increased the cost of housing in Fort Collins following the beginning of its enforcement in 2007.
    URI
    http://hdl.handle.net/1853/61340
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    • School of City and Regional Planning Applied Research and Option Papers [241]

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