... separate C R “Laissez Faire” MIT C state “Commercial ” land Market? Yes if zoning creates one! Land Value Land ValueLand Value Market boundary C C R R “Excess Demand” “Excess Supply” ... height limits -NIMBY - limited commercial land zoning MIT Center for Real Estate Boston Office Market: Nodularity and the distribution of subcenters Office Area, Buildings, and Asking Rents, ... Decentralization, “edge” cities. • Measuring Decentralization, space versus jobs. • Wages, the urban labor market and the incentive for decentralization. • Local agglomeration, clustering, transportation...