Abstract
Significant differences exist between national, regional, and local housing markets in the extent to which land is available for new housing development and in the planning regime which regulates the supply of land. The author examines the impact of different levels and forms of planning restraint on the process of market adjustment, including effects on house and land prices, on quantity of new housing supplied, and on density and related characteristics. The emphasis is on modelling the process of response in the medium term in a way which illuminates the interaction with demographic processes of household formation and migration. Use is made of a simulation model developed on the basis of cross-sectional data for local areas in England.
| Original language | English |
|---|---|
| Pages (from-to) | 1169-1188 |
| Number of pages | 20 |
| Journal | Environment and Planning A |
| Volume | 31 |
| Issue number | 7 |
| Publication status | Published - Jul 1999 |
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Housing market adjustment and land-supply constraints. / Bramley, G.
In: Environment and Planning A, Vol. 31, No. 7, 07.1999, p. 1169-1188.Research output: Contribution to journal › Article
TY - JOUR
T1 - Housing market adjustment and land-supply constraints
AU - Bramley, G.
PY - 1999/7
Y1 - 1999/7
N2 - Significant differences exist between national, regional, and local housing markets in the extent to which land is available for new housing development and in the planning regime which regulates the supply of land. The author examines the impact of different levels and forms of planning restraint on the process of market adjustment, including effects on house and land prices, on quantity of new housing supplied, and on density and related characteristics. The emphasis is on modelling the process of response in the medium term in a way which illuminates the interaction with demographic processes of household formation and migration. Use is made of a simulation model developed on the basis of cross-sectional data for local areas in England.
AB - Significant differences exist between national, regional, and local housing markets in the extent to which land is available for new housing development and in the planning regime which regulates the supply of land. The author examines the impact of different levels and forms of planning restraint on the process of market adjustment, including effects on house and land prices, on quantity of new housing supplied, and on density and related characteristics. The emphasis is on modelling the process of response in the medium term in a way which illuminates the interaction with demographic processes of household formation and migration. Use is made of a simulation model developed on the basis of cross-sectional data for local areas in England.
UR - http://www.scopus.com/inward/record.url?scp=0032847024&partnerID=8YFLogxK
M3 - Article
VL - 31
SP - 1169
EP - 1188
JO - Environment & Planning A
JF - Environment & Planning A
SN - 0308-518X
IS - 7
ER -