Housing economics and public policy: essays in honour of Duncan Maclennan
Gespeichert in:
Weitere Verfasser: | , |
---|---|
Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Oxford <<[u.a.]>>
Blackwell Science
2003
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Schriftenreihe: | Real estate issues
|
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | Literaturverz. S. 283 - 317 |
Beschreibung: | XVII, 328 S. 25 cm |
ISBN: | 0632064617 |
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Datensatz im Suchindex
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---|---|
adam_text | Contents
Contributors xiii
Preface xix
Acknowledgements xxi
1 Introduction 1
Tony O1 Sulivan el Kenneth Gibb
Perspectives on theory 1
Policy and practice 4
Contributions to this book 9
Recurrent themes and key issues for the future 18
2 Urban Housing Models 22
Kenneth Gibb
Introduction 22
Urban residential trade֊off models 23
Filtering in urban housing markets 27
Simulation models of urban housing 30
Conclusions 35
3 Segmentation, Adjustment and Disequilibrium 38
Yong Tu
Introduction 38
The causes and consequences of housing market segmentation 3 8
A model of housing market disequilibrium 42
Urban housing sub-market identification 51
Conclusions 54
4 Transactions Costs and Housing Markets 56
John M. Quigley
Introduction 56
A taxonomy 5 7
A simple model of transactions costs 61
Some policy implications 63
5 Hedonic Pricing Models: a Selective and Applied Review 67
Stephen Malpezzi
Introduction 67
What is a hedonic price index? 68
Repeat sales models 71
The roots of hedonic price models 73
Contents
Conceptual issues in hedonic modelling 75
Specification issues 76
Hedonic modelling: the current position 82
Examples of applications 83
Concluding thoughts 85
6 Housing, Random Walks, Complexity and the Macroeconomy 90
Geoffrey Meen
Introduction 90
The relationship between housing and the macroeconomy 92
Are house prices predictable? 98
Conclusions 107
7 Taxation, Subsidies and Housing Markets 110
Gavin A. Wood
Introduction 110
Distributional issues 112
Tax arbitrage 118
Taxation, inefficiency and market processes 124
Concluding comments 129
8 The Economics of Social Housing 135
Christine M.E. Whitehead
Introduction: the role of economic analysis in social housing 135
Efficiency reasons for social housing provision 138
Housing as a means of redistribution 143
The governance of housing 148
Conclusions 151
9 Neighbourhood Dynamics and Housing Markets 153
George C. Galstez
Introduction 153
Defining neighbourhood 153
Idiosyncrasies of neighbourhood 156
How neighbourhoods come to he 158
Changes in neighbourhood 160
Implications for neighbourhood regeneration policy 167
Summary and conclusion 167 10 * * *
10 Access to Home Ownership in the United States: the Impact of
Changing Perspectives on Constraints to Tenure Choice 172
Joseph Gyourko
Introduction
172
Contents xi
Constraints to tenure choice ֊ theory and empirical evidence 174
Wealth constraints and racial differences in ownership
in the United States 178
Implications for the affordability debate 182
Summary and conclusion 188
11 Planning Regulation and Housing Supply in a Market System 193
Glen Biamley
introduction 193
Researching housing supply 195
Planning and regulation of land use 196
Setting up an mter-urban panel model 201
Model results 206
Conclusions 216
12 Economics and Housing Planning 218
Tony O Sullivan
Introduction 218
The policy and institutional framework 219
Housing plans in practice 222
The land use planning system and housing planning 225
The roots of the problem 226
Conclusions 232
13 The Right to Buy in Britain 235
Nick Williams
Introduction 235
Policy objectives 236
The evidence base for the 1980 legislation 237
Subsequent research on the statutory Right to Buy 238
The relationship between policy and research 241
The modernised or strategic Right to Buy in Scotland 242
Conclusions 245 14
14 The Political Economy of Housing Research 248
David Donnison ) Maik Stephens
Introduction 248
Housing research resumes after World War II 249
Recent research on housing 251
A changing environment for research 255
The housing research industry 262
In conclusion 266
Contents
xii
15 Policy and Academia: an Assessment 268
Richard Best
Introduction 268
Separate worlds? 268
Crossing the divide 271
Making the connections 275
In conclusion 281
References 283
Index 319
|
adam_txt |
Contents
Contributors xiii
Preface xix
Acknowledgements xxi
1 Introduction 1
Tony O1 Sulivan el Kenneth Gibb
Perspectives on theory 1
Policy and practice 4
Contributions to this book 9
Recurrent themes and key issues for the future 18
2 Urban Housing Models 22
Kenneth Gibb
Introduction 22
Urban residential trade֊off models 23
Filtering in urban housing markets 27
Simulation models of urban housing 30
Conclusions 35
3 Segmentation, Adjustment and Disequilibrium 38
Yong Tu
Introduction 38
The causes and consequences of housing market segmentation 3 8
A model of housing market disequilibrium 42
Urban housing sub-market identification 51
Conclusions 54
4 Transactions Costs and Housing Markets 56
John M. Quigley
Introduction 56
A taxonomy 5 7
A simple model of transactions costs 61
Some policy implications 63
5 Hedonic Pricing Models: a Selective and Applied Review 67
Stephen Malpezzi
Introduction 67
What is a hedonic price index? 68
Repeat sales models 71
The roots of hedonic price models 73
Contents
Conceptual issues in hedonic modelling 75
Specification issues 76
Hedonic modelling: the current position 82
Examples of applications 83
Concluding thoughts 85
6 Housing, Random Walks, Complexity and the Macroeconomy 90
Geoffrey Meen
Introduction 90
The relationship between housing and the macroeconomy 92
Are house prices predictable? 98
Conclusions 107
7 Taxation, Subsidies and Housing Markets 110
Gavin A. Wood
Introduction 110
Distributional issues 112
Tax arbitrage 118
Taxation, inefficiency and market processes 124
Concluding comments 129
8 The Economics of Social Housing 135
Christine M.E. Whitehead
Introduction: the role of economic analysis in social housing 135
Efficiency reasons for social housing provision 138
Housing as a means of redistribution 143
The governance of housing 148
Conclusions 151
9 Neighbourhood Dynamics and Housing Markets 153
George C. Galstez
Introduction 153
Defining neighbourhood 153
Idiosyncrasies of neighbourhood 156
How neighbourhoods come to he 158
Changes in neighbourhood 160
Implications for neighbourhood regeneration policy 167
Summary and conclusion 167 10 * * *
10 Access to Home Ownership in the United States: the Impact of
Changing Perspectives on Constraints to Tenure Choice 172
Joseph Gyourko
Introduction
172
Contents xi
Constraints to tenure choice ֊ theory and empirical evidence 174
Wealth constraints and racial differences in ownership
in the United States 178
Implications for the affordability debate 182
Summary and conclusion 188
11 Planning Regulation and Housing Supply in a Market System 193
Glen Biamley
introduction 193
Researching housing supply 195
Planning and regulation of land use 196
Setting up an mter-urban panel model 201
Model results 206
Conclusions 216
12 Economics and Housing Planning 218
Tony O'Sullivan
Introduction 218
The policy and institutional framework 219
Housing plans in practice 222
The land use planning system and housing planning 225
The roots of the problem 226
Conclusions 232
13 The Right to Buy in Britain 235
Nick Williams
Introduction 235
Policy objectives 236
The evidence base for the 1980 legislation 237
Subsequent research on the statutory Right to Buy 238
The relationship between policy and research 241
The modernised or strategic Right to Buy in Scotland 242
Conclusions 245 14
14 The Political Economy of Housing Research 248
David Donnison ) Maik Stephens
Introduction 248
Housing research resumes after World War II 249
Recent research on housing 251
A changing environment for research 255
The housing research industry 262
In conclusion 266
Contents
xii
15 Policy and Academia: an Assessment 268
Richard Best
Introduction 268
Separate worlds? 268
Crossing the divide 271
Making the connections 275
In conclusion 281
References 283
Index 319 |
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spellingShingle | Housing economics and public policy essays in honour of Duncan Maclennan Wohnungspolitik (DE-588)4066796-0 gnd Wohnungswirtschaft (DE-588)4066807-1 gnd |
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title | Housing economics and public policy essays in honour of Duncan Maclennan |
title_auth | Housing economics and public policy essays in honour of Duncan Maclennan |
title_exact_search | Housing economics and public policy essays in honour of Duncan Maclennan |
title_exact_search_txtP | Housing economics and public policy essays in honour of Duncan Maclennan |
title_full | Housing economics and public policy essays in honour of Duncan Maclennan edited by Tony O'Sullivan and Kenneth Gibb |
title_fullStr | Housing economics and public policy essays in honour of Duncan Maclennan edited by Tony O'Sullivan and Kenneth Gibb |
title_full_unstemmed | Housing economics and public policy essays in honour of Duncan Maclennan edited by Tony O'Sullivan and Kenneth Gibb |
title_short | Housing economics and public policy |
title_sort | housing economics and public policy essays in honour of duncan maclennan |
title_sub | essays in honour of Duncan Maclennan |
topic | Wohnungspolitik (DE-588)4066796-0 gnd Wohnungswirtschaft (DE-588)4066807-1 gnd |
topic_facet | Wohnungspolitik Wohnungswirtschaft Großbritannien Aufsatzsammlung Festschrift |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016846443&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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