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The Local Housing Sub-market Structure and Its Properties

Author

Listed:
  • Yong Tu

    (Centre for Housing Research and Urban Studies, 25 Bute Gardens, University of Glasgow, G11 7SS, Glasgow, Scotland, Y. Tu @ Socsci.gla.ac.uk)

Abstract

This paper gives a definition of urban owner-occupier housing sub-market structure. A dynamic stock flow approach is applied to this structure to understand its short-term equilibrium properties and long-term dynamic process. The paper concludes by investigating the connections between urban owner-occupier housing sub-market operation and some wider urban issues, with further reflections on new research directions which can provide a deeper insight into the urban system.

Suggested Citation

  • 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.
    • Handle: RePEc:sae:urbstu:v:34:y:1997:i:2:p:337-353
    DOI: 10.1080/0042098976203
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    References listed on IDEAS

    as
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