Housing Markets and Planning Policy

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ISBN: 9781405175203 | 1405175206
Cover: Hardcover
Copyright: 10/19/2009

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The book's focus is the local spatial scale and the analytical approach adopted will be grounded in mainstream microeconomics. The main aim of the book will be to explore the workings of local housing markets.

Acknowledgements	p. ix
Introduction	p. 1
One housing market or many housing markets?	p. 2
Housing markets and planning policy	p. 4
The analytical approach	p. 5
Aims and objectives	p. 8
The structure of the book	p. 8
The Housing Problem	p. 11
Context	p. 12
Housing market trends	p. 14
Spatial house price trends	p. 21
Affordability	p. 25
Economics of the house building industry	p. 30
Low-demand areas	p. 34
Wider planning policy context	p. 35
Conclusions	p. 38
Spatial Structure of Housing Markets	p. 41
A model of an urban housing market	p. 41
The theoretical impact of planning	p. 45
Empirical evidence on the impact of planning	p. 47
Planning the housing market	p. 51
Housing market areas and processes	p. 54
Case studies of HMAs	p. 60
Implications of HMAs for planning	p. 64
Conclusions	p. 65
Understanding Housing Submarkets	p. 69
Origins of housing submarket studies	p. 70
Theoretical basis for housing submarkets	p. 72
Defining and identifying housing submarkets	p. 76
Temporal dynamics of housing submarkets	p. 85
Modelling submarket structures	p. 87
Conclusions: submarkets as an analytical framework	p. 88
Dynamics of the Housing Market	p. 91
Choices and constraints	p. 92
Migration and spatial house price trends	p. 95
New house building, urban form and local housing market dynamics	p. 97
Intra-urban housing market dynamics	p. 99
Neighbourhood dynamics	p. 103
Neighbourhood succession	p. 107
Neighbourhood revitalisation	p. 110
Conclusions	p. 113
Planning for the Housing Market	p. 115
Spatial change, planning and housing	p. 116
The evolution of planning for housing markets	p. 121
Current practice in planning for housing	p. 124
The operation of the planning system	p. 126
Reconciling the evidence: broader political and policy concerns	p. 135
Conclusions	p. 137
Planning Policies and the Market	p. 141
Planning policies and the market	p. 142
The changing housing policy context	p. 146
Provision of affordable housing	p. 147
Encouraging social mix	p. 153
Sustainable development	p. 157
Conclusions	p. 160
Conclusions and the Way Forward	p. 163
Current and future housing market context	p. 163
The contemporary policy agenda and the housing challenge	p. 166
Towards a framework for housing analysis	p. 169
Reshaping the system of planning for housing	p. 172
Local housing market analysis and planning practice	p. 174
The challenge to planning and the way forward	p. 181
References	p. 189
Index	p. 209
Table of Contents provided by Ingram. All Rights Reserved.

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Housing Markets and Planning Policy

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