Details

Autor(en) / Beteiligte

• O'Sullivan, Tony
• Gibb, Kenneth
• Maclennan, Duncan

Titel

Housing economics and public policy : essays in honour of Duncan Maclennan

Beschreibungen/Notizen

• "RICS Foundation"--Cover.
• Includes bibliographical references (p. [283]-317) and index.
• Housing Economics and Public Policy; Contents; Contributors; Preface; Acknowledgements; 1 Introduction; Perspectives on theory; Policy and practice; Contributions to this book; Recurrent themes and key issues for the future; 2 Urban Housing Models; Introduction; Urban residential trade-off models; Filtering in urban housing markets; Simulation models of urban housing; Conclusions; 3 Segmentation, Adjustment and Disequilibrium; Introduction; The causes and consequences of housing market segmentation; A model of housing market disequilibrium; Urban housing sub-market identification; Conclusions
• 4 Transactions Costs and Housing MarketsIntroduction; A taxonomy; A simple model of transactions costs; Some policy implications; 5 Hedonic Pricing Models: a Selective and Applied Review; Introduction; What is a hedonic price index?; Repeat sales models; The roots of hedonic price models; Conceptual issues in hedonic modelling; Specification issues; Hedonic modelling: the current position; Examples of applications; Concluding thoughts; 6 Housing, Random Walks, Complexity and the Macroeconomy; Introduction; The relationship between housing and the macroeconomy; Are house prices predictable?
• Conclusions7 Taxation, Subsidies and Housing Markets; Introduction; Distributional issues; Tax arbitrage; Taxation, inefficiency and market processes; Concluding comments; 8 The Economics of Social Housing; Introduction: the role of economic analysis in social housing; Ef. ciency reasons for social housing provision; Housing as a means of redistribution; The governance of housing; Conclusions; 9 Neighbourhood Dynamics and Housing Markets; Introduction; Defining neighbourhood; Idiosyncrasies of neighbourhood; How neighbourhoods come to be; Changes in neighbourhood
• Implications for neighbourhood regeneration policySummary and conclusion; 10 Access to Home Ownership in the United States: the Impact of Changing Perspectives on Constraints to Tenure Choice; Introduction; Constraints to tenure choice - theory and empirical evidence; Wealth constraints and racial differences in ownership in the United States; Implications for the affordability debate; Summary and conclusion; 11 Planning Regulation and Housing Supply in a Market System; Introduction; Researching housing supply; Planning and regulation of land use; Setting up an inter-urban panel model
• Model resultsConclusions; 12 Economics and Housing Planning; Introduction; The policy and institutional framework; Housing plans in practice; The land use planning system and housing planning; The roots of the problem; Conclusions; 13 The Right to Buy in Britain; Introduction; Policy objectives; The evidence base for the 1980 legislation; Subsequent research on the statutory Right to Buy; The relationship between policy and research; The modernised or strategic Right to Buy in Scotland; Conclusions; 14 The Political Economy of Housing Research; Introduction
• Housing research resumes after World War II
• This book is a timely assessment of 20 years of progress in the field of housing economics and its application to policy and practice. Two decades on from the publication of Duncan Maclennan's influential Housing Economics, 16 leading housing experts - both academics and policy makers from across the world - now honour Maclennan's contributions. The chapters here present a contemporary survey of key issues in housing, from urban housing markets and sub-market modelling, to the economics of social housing, the basis for housing planning, economic analysis of neighbourhoods,
• English