Planning Public Policy Propert
The focus of this book is on how public policy - and especially the planning system - both shapes and reflects the essential characteristics of land and property markets. It challenges the common misconceptions that property markets operate in isolation from public policy and that planning permission is the only significant form of state intervention in the market.\ Planning, Public Policy & Property Markets contends that effective state-market relations in land and property are critical...
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The focus of this book is on how public policy - and especially the planning system - both shapes and reflects the essential characteristics of land and property markets. It challenges the common misconceptions that property markets operate in isolation from public policy and that planning permission is the only significant form of state intervention in the market.Planning, Public Policy & Property Markets contends that effective state-market relations in land and property are critical to a prosperous economy and a robust democracy, especially at a time when development aims to be sustainable and environmental protection needs to be matched by urban and rural regeneration.The book thus reflects an increased realisation among academics and practitioners of the importance of theoretical integration and ‘joined-up’ policy-making. Its rounded perspective addresses a significant weakness in the academic literature and will encourage broader debate and a more pluralist agenda for property research.Prominent contributors present important new research on different market sectors and policy arenas, including regeneration and renewal, housing growth, housing planning, transport and economic competitiveness, while the editors specifically draw out more general lessons on the dynamic nature of the state/property market relationship in a modern economy.This book will encourage all those involved in property research who strive for theoretical and practical connectivity to demonstrate that, just as property market operations cannot be analysed without understanding state processes, policy decisions cannot be taken without anappreciation of how the market operates.
1Examining public policy and property markets32Conceptualising state-market relations in land and property : the mainstream contribution of neo-classical and welfare economics173Conceptualising state-market relations in land and property : the growth of institutionalism - extension or challenge to mainstream economics?374Planning tools and markets : towards an extended conceptualisation565Modelling local housing market adjustment in England796Estimating the impact of planning on commercial property markets1057UK roads policy, accessibility and industrial property rents1288Urban regeneration, property indices and market performance1489Planning for consumers' new-building housing choices16710Planning obligations and affordable housing18511Reinforcing commercial competitiveness through city centre renewal20912Planning, public policy and property markets : current relations and future challenges239
\ From the Publisher"I found this a very clear and readable book, well categorised into different aspects of the topic ... [It] should help advance understanding of how the state and the market interact, and thereby improve the effectiveness of the state’s actions when seeking to influence market outcomes." Planning in London \ "It is the breadth of approaches and topics that marks the book's distinctive contribution." Housing Studies\ "This is a an interesting study and a valuable addition to the literature on property markets." European Spatial Research and Policy Vol. 13, No. 1\ "It is a profoundly thought-over study which introduces new insights into not always acknowledged reflections on spatial organisation."\ European Spatial Research and Policy Vol. 13, No. 2\ \ \
