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Land-use planning and the housing market in Britain: the impact on housebuilding and house prices

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  • G Bramley

Abstract

The impact of the British style of land-use planning upon the outcomes of private housing development and the housing market is examined. A unique cross-sectional database is constructed, and the medium-term elasticity of new housebuilding supply is estimated as a locally variable function of prices, costs, and land supply, with an explicit planning function. The model developed enables quantified projections to be made of the effect of specified changes in planning policy. The policy changes examined include large-scale increases in the volume of land released, changes in the mix of land released, and the use of planning agreements to pay for infrastructure or social housing.

Suggested Citation

  • G Bramley, 1993. "Land-use planning and the housing market in Britain: the impact on housebuilding and house prices," Environment and Planning A, Pion Ltd, London, vol. 25(7), pages 1021-1051, July.
  • Handle: RePEc:pio:envira:v:25:y:1993:i:7:p:1021-1051
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    Cited by:

    1. Duca, John V. & Muellbauer, John & Murphy, Anthony, 2010. "Housing markets and the financial crisis of 2007-2009: Lessons for the future," Journal of Financial Stability, Elsevier, vol. 6(4), pages 203-217, December.
    2. Cheshire, Paul & Sheppard, Stephen, 2002. "The welfare economics of land use planning," Journal of Urban Economics, Elsevier, vol. 52(2), pages 242-269, September.
    3. Anthony Owusu-Ansah, 2012. "Modelling the supply of new residential construction for local housing markets and estimation of housing supply price elasticities: The case of Aberdeen, UK," ERES eres2012_097, European Real Estate Society (ERES).
    4. repec:gam:jsusta:v:9:y:2017:i:7:p:1259-:d:105081 is not listed on IDEAS
    5. Adams, David, 2008. "Mapping out the regulatory environment and its interaction with land and property markets," Energy Policy, Elsevier, vol. 36(12), pages 4570-4574, December.

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