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Planning, Public Policy and Property Markets

David Adams (Editor), Craig Watkins (Editor), Michael White (Editor)
ISBN: 978-1-4051-2430-0
Paperback
304 pages
July 2005, Wiley-Blackwell
List Price: US $189.25
Government Price: US $108.76
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Preface.

Acknowledgements.

Contributors.

Abbreviations.

Part 1: Introduction.

1 Examining Public Policy and Property Markets.

David Adams, Craig Watkins and Michael White


  • Introduction
  • The Scope of The Book
  • Property Research and Public Policy
  • Structure of the Book
.

Part 2: Conceptualising Relationships.

2. Conceptualising State-Market Relations in Land and Property: The Mainstream Contribution of Neo-Classical and Welfare Economics.

David Adams, Neil Dunse and Michael White


  • Introduction
  • Insights on Supply, Demand and Public Policy from Neo-Classical Economics
  • Insights on Market Failure and Public Policy from Welfare Economics
  • Conclusions
  • Notes
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3. Conceptualising State-Market Relations in Land and Property: The Growth of Institutionalism – Extension or Challenge to Mainstream Economics?.

David Adams, Neil Dunse and Michael White


  • Introduction
  • The Institutional Framework for Land and Property Market Operations
  • New Institutional Economics
  • The Political Economy of Institutionalism
  • Uncertainty, Risk Containment and Confidence Building
  • Conclusions
  • Notes
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4. Planning Tools and Markets: Towards an Extended Conceptualisation.

Steve Tiesdell and Philip Allmendinger


  • Introduction
  • Understanding ‘Planning’
  • Mainstream Economics
  • The Political Economy of Institutionalism
  • A Typology of Planning Tools
  • Market Characteristics
  • Conclusions
  • Notes
.

Part 3: Unravelling the Relationships.

Section 3.1: Modelling Relationships.

5. Modelling Local Housing Market Adjustment in England.

Glen Bramley and Chris Leishman


  • Introduction
  • Background
  • Datasets
  • Modelling Framework and Techniques
  • Estimation of Key Relationships
  • Policy Simulations
  • Conclusions
  • Appendix 5.1: Variable Definitions and Sources
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6. Estimating the Impact of Planning on Commercial Property Markets .

John Henneberry, Tony McGough and Fotis Mouzakis


  • Introduction
  • Model Development and Specification
  • Empirical Study and Results
  • Conclusions
  • Notes
  • Appendix 6.1: Results
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Section 3.2: Measurement Issues.

7. UK Roads Policy, Accessibility and Industrial Property Rents .

Neil Dunse and Colin Jones


  • Introduction
  • Roads Policy and the UK Motorway Network
  • Transport Infrastructure and the Spatial Economy
  • Measuring the Effect of Transport Investment
  • Hedonic Pricing Analysis and the Impact of the UK Motorway Network
  • Discussion and Policy Implications
  • Notes
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8. Urban Regeneration, Property Indices and Market Performance.

Alastair Adair, Jim Berry, Ken Gibb, Norman Hutchison, Stanley McGreal and Craig Watkins


  • Introduction
  • The Urban Regeneration Policy Context
  • Data and Research Methods
  • Comparing Urban Regeneration and Prime Property Market Performance
  • The Total Returns Index
  • Conclusions
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Section 3.3: Surveys and Case Studies.

9. Planning for Consumers’ New-Build Housing Choices.

Chris Leishman and Fran Warren


  • Introduction
  • Planning and New-Build Housing
  • The New-Build Housing Choice Process
  • The Housing Preference Study
  • Overview of the Findings
  • Preferences and Satisfaction with Room Layouts and Features
  • Density and Variety on New-Build Housing Estates
  • Conclusions
.

10. Planning Obligations and Affordable Housing.

Sarah Monk, Christina Short and Christine Whitehead


  • Introduction
  • The Research Context
  • Research Methods
  • How Much Affordable Housing is Being Provided? Government Evidence
  • How is s106 Operating? Evidence from Local Authorities
  • What is Happening on the Ground? Evidence from the Local Authority Case studies
  • Conclusions
.

11. Reinforcing Commercial Competitiveness Through City Centre Renewal .

Gwyndaf Williams and Stuart Batho


  • Introduction
  • Urban Governance and the Entrepreneurial City Centre
  • The Local Governance and Development Context
  • Mobilising Regeneration Capacity: The Study Approach
  • Reinforcing Commercial Competitiveness
  • Commercial Impact of the Renewal Programme
  • Conclusions
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Section 4: Conclusions.

12. Planning, Public Policy and Property Markets: Current Relations and Future Challenges .

David Adams, Craig Watkins and Michael White


  • Introduction
  • What State Actors Could Learn About the Market
  • What Market Actors Could Learn About the State
  • The Evolving Research Agenda
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References.

Index

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