A 4.5-square-mile tract near Santa Barbara sold for $29 million, but zoning allows just eight mansions despite a far denser build-out scenario outlined by econo

A 4.5-square-mile tract near Santa Barbara sold for $29 million, but zoning allows just eight mansions despite a far denser build-out scenario outlined by economist Kevin Bryan. He argues the restrictions raise basic questions about land use and community benefit.