IDEAS home Printed from https://ideas.repec.org/a/sae/urbstu/v30y1993i1p5-30.html
   My bibliography  Save this article

The Impact of Land Use Planning and Tax Subsidies on the Supply and Price of Housing in Britain

Author

Listed:
  • Glen Bramley

    (School for Advanced Urban Studies, University of Bristol, Rodney Lodge, Grange Rd, Bristol BS8 4EA, UK)

Abstract

This article presents new empirical estimates of the impact of two types of policy intervention, tax subsidies and land use planning, on the housing market in Britain. The estimates are derived from a set of models representing the demand and supply sides of the market for the new private housebuilding which include an explicit land supply element. The models are fitted to cross-sectional data at the inter-urban (local authority) level, and then employed in medium-period simulations of alternative policies. Modelling at this level enables estimates to be made of the extent of variation between local markets in the elasticity of supply and also in the impacts of policy measures, including the capitalisation of tax subsidies.

Suggested Citation

  • Glen Bramley, 1993. "The Impact of Land Use Planning and Tax Subsidies on the Supply and Price of Housing in Britain," Urban Studies, Urban Studies Journal Limited, vol. 30(1), pages 5-30, February.
    • Handle: RePEc:sae:urbstu:v:30:y:1993:i:1:p:5-30
    DOI: 10.1080/00420989320080011
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1080/00420989320080011
    Download Restriction: no
    File URL: https://libkey.io/10.1080/00420989320080011?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. Olsen, Edgar O., 1987. "The demand and supply of housing service: A critical survey of the empirical literature," Handbook of Regional and Urban Economics, in: E. S. Mills (ed.), Handbook of Regional and Urban Economics, edition 1, volume 2, chapter 25, pages 989-1022, Elsevier.
    2. Bover, Olympia & Muellbauer, John & Murphy, Anthony, 1989. "Housing, Wages and UK Labour Markets," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 51(2), pages 97-136, March.
    3. Paul Cheshire & Stephen Sheppard, 1989. "British Planning Policy and Access to Housing: Some Empirical Estimates," Urban Studies, Urban Studies Journal Limited, vol. 26(5), pages 469-485, October.
    4. Mayo, Stephen K., 1981. "Theory and estimation in the economics of housing demand," Journal of Urban Economics, Elsevier, vol. 10(1), pages 95-116, July.
    Full references (including those not matched with items on IDEAS)

    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. Green, Richard K. & Vandell, Kerry D., 1999. "Giving households credit: How changes in the U.S. tax code could promote homeownership," Regional Science and Urban Economics, Elsevier, vol. 29(4), pages 419-444, July.
    2. F.M. Dieleman & W.A.V. Clark & M.C. Deurloo, 1989. "A Comparative View of Housing Choices in Controlled and Uncontrolled Housing Markets," Urban Studies, Urban Studies Journal Limited, vol. 26(5), pages 457-468, October.
    3. Malpezzi, Stephen & Maclennan, Duncan, 2001. "The Long-Run Price Elasticity of Supply of New Residential Construction in the United States and the United Kingdom," Journal of Housing Economics, Elsevier, vol. 10(3), pages 278-306, September.
    4. Alan W. Evans, 1991. "'Rabbit Hutches on Postage Stamps': Planning, Development and Political Economy," Urban Studies, Urban Studies Journal Limited, vol. 28(6), pages 853-870, December.
    5. Hansson Brusewitz, Urban, 1998. "Self-Selectivity and Kinked Budget Constraints: The Demand for Housing in Sweden," Journal of Housing Economics, Elsevier, vol. 7(3), pages 243-273, September.
    6. Zabel, Jeffrey E., 2004. "The demand for housing services," Journal of Housing Economics, Elsevier, vol. 13(1), pages 16-35, March.
    7. Marsha J. Courchane & Cynthia Holmes, 2014. "Bubble, Bubble ¡V Is there House Price Trouble -- in Canada?," International Real Estate Review, Global Social Science Institute, vol. 17(1), pages 109-135.
    8. W. Paul Strassmann, 1991. "Housing Market Interventions and Mobility: An International Comparison," Urban Studies, Urban Studies Journal Limited, vol. 28(5), pages 759-771, October.
    9. N Castree & J P Sharp & R Shenton & G J Hausladen & J R Miron & N Gregson & M Crang & K Willis & R Wilson, 1998. "Reviews: Cheap Wage Labour: Race and Gender in the Fisheries of British Columbia: Mapping the Subject: Geographies of Cultural Transformation, International Political Economy: Understanding Global Dis," Environment and Planning A, , vol. 30(4), pages 747-760, April.
    10. Malpezzi, Stephen, 2001. "The Contributions of Stephen K. Mayo to Housing and Urban Economics," Journal of Housing Economics, Elsevier, vol. 10(2), pages 72-108, June.
    11. Alan W. Evans, 1996. "The Impact of Land Use Planning and Tax Subsidies on the Supply and Price of Housing in Britain: A Comment," Urban Studies, Urban Studies Journal Limited, vol. 33(3), pages 581-585, April.
    12. Haurin, Donald R. & Gill, H. Leroy, 2002. "The Impact of Transaction Costs and the Expected Length of Stay on Homeownership," Journal of Urban Economics, Elsevier, vol. 51(3), pages 563-584, May.
    13. Justo Manrique & Kalu Ojah, 2003. "The demand for housing in Spain: an endogenous switching regression analysis," Applied Economics, Taylor & Francis Journals, vol. 35(3), pages 323-336.
    14. Buckley, Robert & Klepikova, Elena & Van Order, Robert, 2001. "Quantifying Lending Risks without Historical Data: An Application of Stress Tests to Mortgage Lending in Russia," Journal of Housing Economics, Elsevier, vol. 10(3), pages 253-277, September.
    15. McCormick, Barry, 1997. "Regional unemployment and labour mobility in the UK," European Economic Review, Elsevier, vol. 41(3-5), pages 581-589, April.
    16. Joan Monras, 2020. "Immigration and Wage Dynamics: Evidence from the Mexican Peso Crisis," Journal of Political Economy, University of Chicago Press, vol. 128(8), pages 3017-3089.
    17. Ferda Halicioglu, 2007. "The demand for new housing in Turkey: an application of ARDL model," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 9(1), pages 62-74.
    18. Oskar Ragnar Harmon, 1989. "A New View of the Incidence of the Property Tax: the Case of New Jersey," Public Finance Review, , vol. 17(3), pages 323-348, July.
    19. Dirk W. Early, 1998. "The role of subsidized housing in reducing homelessness: An empirical investigation using micro-data," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 17(4), pages 687-696.
    20. Ritashree Chakrabarti & Junfu Zhang, 2015. "Unaffordable housing and local employment growth: Evidence from California municipalities," Urban Studies, Urban Studies Journal Limited, vol. 52(6), pages 1134-1151, 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:30:y:1993:i:1:p:5-30. 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.