IDEAS home Printed from https://ideas.repec.org/a/sae/urbstu/v14y1977i1p11-32.html
   My bibliography  Save this article

Accessibility and Supply Constraints in the Urban Housing Market

Author

Listed:
  • M.J. Ball

    (Department of Economics, Birkbeck College, University of London)

  • R.M. Kirwan

    (School of Architecture and Urban Planning, University of California at Los Angeles)

Abstract

This paper discusses some of the chief influences on the urban housing market and their significance for economic analysis. It then looks comparatively at the 'trade-off' approach and the sub-markets approach. Results from an empirical study of owner-occupier housing in Bristol are presented. Although spatial clusters of households and housing types clearly emerged, the empirical tests showed that such spatial structures did not produce separate sub-markets with independent price structures. The data also confirmed a general tendency for unit prices to decline with distance from the centre, but the authors question the importance of the 'trade-off' theory's accessibility factor relative to historical features and planning policies.

Suggested Citation

  • M.J. Ball & R.M. Kirwan, 1977. "Accessibility and Supply Constraints in the Urban Housing Market," Urban Studies, Urban Studies Journal Limited, vol. 14(1), pages 11-32, February.
    • Handle: RePEc:sae:urbstu:v:14:y:1977:i:1:p:11-32
    DOI: 10.1080/00420987720080021
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1080/00420987720080021
    Download Restriction: no
    File URL: https://libkey.io/10.1080/00420987720080021?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Goldstein, Gerald S & Moses, Leon N, 1973. "A Survey of Urban Economics," Journal of Economic Literature, American Economic Association, vol. 11(2), pages 471-515, June.
    2. Alan W. Evans, 1973. "The Economics of Residential Location," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-01889-5, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Elif Alkay, 2008. "Housing Submarkets in Istanbul," International Real Estate Review, Global Social Science Institute, vol. 11(1), pages 113-127.
    2. Xudong An & John Clapp & Yongheng Deng, 2010. "Omitted Mobility Characteristics and Property Market Dynamics: Application to Mortgage Termination," The Journal of Real Estate Finance and Economics, Springer, vol. 41(3), pages 245-271, October.
    3. Clapp, John M. & Wang, Yazhen, 2006. "Defining neighborhood boundaries: Are census tracts obsolete?," Journal of Urban Economics, Elsevier, vol. 59(2), pages 259-284, March.
    4. Mynbaev, Kairat & Ibrayeva, Saniya, 2011. "Housing market of Almaty," MPRA Paper 36683, University Library of Munich, Germany.
    5. Liv Osland & Inge Thorsen & Jens Petter Gitlesen, 2004. "The impact of labour market accessibility on housing prices," ERSA conference papers ersa04p355, European Regional Science Association.
    6. C.J. Barnett, 1984. "A Hedonic Price Model of Consumer Demand for Urban Land Attributes," Economics Discussion / Working Papers 84-01, The University of Western Australia, Department of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. D.G. Wiltshaw, 1985. "The Supply of Land," Urban Studies, Urban Studies Journal Limited, vol. 22(1), pages 49-56, February.
    2. John Parr, 2015. "The city and the region as contrasts in spatial organization," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(3), pages 797-817, May.
    3. Barry Goodchild, 2013. "Flats, Higher Densities and City-centre Living in England: A Response to Evans and Unsworth," Urban Studies, Urban Studies Journal Limited, vol. 50(14), pages 3036-3042, November.
    4. Raymond Y. C. Tse, 2002. "Estimating Neighbourhood Effects in House Prices: Towards a New Hedonic Model Approach," Urban Studies, Urban Studies Journal Limited, vol. 39(7), pages 1165-1180, June.
    5. Colin Jones & Mike Coombes & Cecilia Wong, 2012. "A System of National Tiered Housing-Market Areas and Spatial Planning," Environment and Planning B, , vol. 39(3), pages 518-532, June.
    6. Colin Jones, 2017. "Spatial economy and the geography of functional economic areas," Environment and Planning B, , vol. 44(3), pages 486-503, May.
    7. Barrie Needham, 1981. "A Neo-Classical Supply-Based Approach to Land Prices," Urban Studies, Urban Studies Journal Limited, vol. 18(1), pages 91-104, February.
    8. M C Romanos, 1978. "Energy-Price Effects on Metropolitan Spatial Structure and Form," Environment and Planning A, , vol. 10(1), pages 93-104, January.
    9. Colin Price, 1982. "Residential Density and Spatial Externalities," Urban Studies, Urban Studies Journal Limited, vol. 19(3), pages 293-302, August.
    10. A W Evans, 1975. "Letter to the Editor," Environment and Planning A, , vol. 7(5), pages 601-603, August.
    11. Cheshire, Paul, 2009. "Urban land markets and policy failures," LSE Research Online Documents on Economics 30837, London School of Economics and Political Science, LSE Library.
    12. Vifill KARLSSON, 2010. "Modern Industrial Structure and Development of House PriceÂ’s Spatial Disparity: A General Case for Iceland; a Large but Thinly Populated European Country," Regional and Urban Modeling 284100023, EcoMod.
    13. Colin Jones & Mike Coombes & Neil Dunse & David Watkins & Colin Wymer, 2012. "Tiered Housing Markets and their Relationship to Labour Market Areas," Urban Studies, Urban Studies Journal Limited, vol. 49(12), pages 2633-2650, September.
    14. C.Y. Yiu & S.K. Wong, 2005. "The Effects of Expected Transport Improvements on Housing Prices," Urban Studies, Urban Studies Journal Limited, vol. 42(1), pages 113-125, January.
    15. Yong Tu, 1997. "The Local Housing Sub-market Structure and Its Properties," Urban Studies, Urban Studies Journal Limited, vol. 34(2), pages 337-353, February.
    16. Andrejs Skaburskis & Markus Moos, 2008. "The Redistribution of Residential Property Values in Montreal, Toronto, and Vancouver: Examining Neoclassical and Marxist Views on Changing Investment Patterns," Environment and Planning A, , vol. 40(4), pages 905-927, April.
    17. R.K. Wilkinson, 1974. "The Determinants of Relative House Prices: a case of academic astigmatism?," Urban Studies, Urban Studies Journal Limited, vol. 11(2), pages 227-230, June.
    18. Alan W. Evans, 1999. "On Minimum Rents: Part 1, Marx and Absolute Rent," Urban Studies, Urban Studies Journal Limited, vol. 36(12), pages 2111-2120, November.
    19. Duncan Maclennan, 1977. "Some Thoughts on the Nature and Purpose of House Price Studies," Urban Studies, Urban Studies Journal Limited, vol. 14(1), pages 59-71, February.
    20. Alan Evans & Rachael Unsworth, 2012. "Housing Densities and Consumer Choice," Urban Studies, Urban Studies Journal Limited, vol. 49(6), pages 1163-1177, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:urbstu:v:14:y:1977:i:1:p:11-32. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.gla.ac.uk/departments/urbanstudiesjournal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.