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House prices and land regulation in the Copenhagen area

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  • Jørgen Lauridsen
  • Niels Nannerup
  • Morten Skak

Abstract

We analyse house prices from 1992 to 2011 in the metropolitan area of Copenhagen. In line with most other metropolitan areas in Europe, Copenhagen house prices showed solid increases during this period until 2007 when a downturn in prices began. The price gradient from the centre of the metropolis to the outskirts also became steeper over these years. We investigate the influence of land regulation on this development and find indications of an upward pressure on house prices from restrictive land regulation at the municipal as well as the national level.

Suggested Citation

  • Jørgen Lauridsen & Niels Nannerup & Morten Skak, 2013. "House prices and land regulation in the Copenhagen area," Journal of Property Research, Taylor & Francis Journals, vol. 30(3), pages 205-220, September.
    • Handle: RePEc:taf:jpropr:v:30:y:2013:i:3:p:205-220
    DOI: 10.1080/09599916.2013.791340
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    References listed on IDEAS

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    3. Quigley, John M. & Rosenthal, Larry A., 2005. "The Effects of Land-Use Regulation on the Price of Housing: What Do We Know? What Can We Learn?," Berkeley Program on Housing and Urban Policy, Working Paper Series qt90m9g90w, Berkeley Program on Housing and Urban Policy.
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    Cited by:

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    2. Callum Ward & Manuel B Aalbers, 2016. "Virtual special issue editorial essay: ‘The shitty rent business’: What’s the point of land rent theory?," Urban Studies, Urban Studies Journal Limited, vol. 53(9), pages 1760-1783, July.
    3. Kauko Tom, 2019. "Institutions at the Interface of Urban Planning and Real Estate," Real Estate Management and Valuation, Sciendo, vol. 27(3), pages 17-30, September.

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