Download or read book The Effect of Current and Future Land Use on House Prices written by Guillaume Pouyanne and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The control of urban sprawl often involves policies of allowable use zoning. Such policies may, however, provoke leapfrog development through their inflationary effect on the land and property markets in the area which is already urbanised. This inflationary effect results in particular from the positive external effects generated on neighbouring property by the fact of land being classified as unbuildable. This effect is dealt with in the vast amount of literature on the open space premium, where the capitalised premium in property prices arises just as much from the positive externalities generated by open space as from the absence of negative external effects generated by land conversion. However, in this literature, the premium is derived uniquely from current land use. The future use of the land, which is nevertheless a component of the premium, is rarely taken into account, and then only in terms of whether the open space is permanent or temporary. This article proposes an evaluation of the impact of current and future land use on property prices. In order to do this we combine the actual use of land with its membership of a zoning category in a one-kilometre radius around the site of the transaction. We show that both the current use and the future use of surrounding land have an impact on the price of a transaction. It is important to take into account the classification of land as buildable: thus urban green space is certainly responsible for a positive premium, but only on condition that it is not classified as buildable. Furthermore, the fact that land is classified as unbuildable can have an ambiguous effect: forests protected as sensitive natural open spaces do bring a positive premium whereas forests protected for sylviculture tend to provoke depreciation in property prices due to the nuisances associated with their exploitation.

Download or read book Housing Unaffordability from a Resident s Point of View written by Alan Phipps and published by Cambridge Scholars Publishing. This book was released on 2023-08-09 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new theoretical criterion of housing unaffordability from a resident’s point of view is proposed in this book, tested with social data for respondents and price data for single-detached(-like) homes in two historically affordable mid-sized cities at two points in time, 30 years apart. This new criterion is derived from the magnitude of the mismatch between where the resident can afford to live and where they, realistically, would prefer to live. Housing affordability is a global social and political issue, and this book complements recent books that review housing affordability from a practitioner’s point of view. The book is written to be understood by everybody, with each chapter’s introductory subsection summarizing the subsequent technical and scientific sections. This book will therefore be readable not only for practitioners, but also academics in social science disciplines such as real estate, geography, economics, sociology, urban planning, and urban studies. Best of all, residents may utilize this book’s analysis of housing unaffordability to make wiser decisions about their own homes.

Download or read book Brookings Wharton Papers on Urban Affairs 2003 written by William G. Gale and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed to reach a wide audience of scholars and policymakers, this series contains studies on urban sprawl, crime, taxes, education, poverty, and related subjects. "This journal will set the tone for urban economics for the coming decades. It will play a major role not only in academia, but also in ensuring that we have better urban economic policy." - George Akerlof, University of California, Berkeley Contents include: The Geography of Inequality in the United States 1950-2000 Douglas S. Massey and Mary J. Fischer (University of Pennsylvania) Getting Inside Accountability: Lessons from Chicago Brian A. Jacob (Kennedy School of Government) School Accountability Ratings and Housing Values Thomas J. Kane, Douglas O. Staiger, and Gavin Samms Public School Finance and Urban School Policy: General vs Partial Equilibrium Analysis Thomas Nechyba Catching Cheating Teachers: The Results of an Unusual Experiment in Implementing Theory Brian A. Jacob and Steven D. Levitt Local Variation in Land Use Regulations Bengte Evenson and William C. Wheaton

Download or read book Quantifying the Effect of Housing Policy on Land Use Change written by N. van der Vaart and published by . This book was released on 2010 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the process of land use modelling and predicting future scenario’s of land use, transition rules are derived from changes in land use observed in the past. This approach to land use modelling does not take the underlying driving forces of land use change into account. This research aims to provide a view at land use change from a different angle, in which the driving forces of land use change are the main focus. In an attempt to modestly contribute to the current research questions in the field of land use modelling, this research analyses the effects of national spatial planning policy in the Netherlands on patterns of residential land use development at municipal scale. In the perspective of this research the expected results derived from the policies have a leading position. An analysis of spatial planning policy provides an overview of important policies that are expected to influence residential land use development. For these policies, the expected influence on residential land use development is formulated. Inspired by literature from land use and land cover research, metrics are formulated to test if these expected patterns of residential land use could be observed. Based on the expected patterns of residential land use developments in areas with different policies, hypotheses concerning the values for the metrics are formulated to test empirically. In order to test the hypotheses, residential land use developments that have taken place in the temporal range of this study, are distilled from land use datasets. The land use dataset for the starting year is compared to a dataset for the last year of the timeframe of this research. This comparison results in a retrospective overview of the changes of residential land use in the study period. In this process, scale considerations play a crucial role. For each of the calculations, an analysis of the scale effects is performed. Using the observed changes in residential land use, the values for the previously formulated metrics are calculated to be able to test the hypotheses. The results for this research show that patterns expected based on the policy goals can clearly be found in the observed change of residential land use. While not all hypotheses are met in detail, the results meet the expectations in broader contours. Municipalities that have a pro-residential land use development policy tend to show more, larger residential developments than the municipalities with no such policy. Municipalities with a restrictive policy towards residential land use development on the other hand, show less and smaller residential than other areas. There is strong correlation between some of the metrics that have been developed for this research. This indicates that one or two of the metrics can be considered to be superfluous, and therefore omitted a similar study in the future. In a case study the success of the Green Heart policy is quantified. This provides an insight in the performance of the Green Heart in comparison to other National Landscapes in the Netherlands. Additionally, this works as a test to find out whether the methodology applies in this study can be used at a more limited spatial extent. Overall, this research shows that a different look at land use modelling can provide interesting insights in the driving forces behind land use change. The methodology applied in this research has proven to work well in general but there are certain learning points. Regarding research on policy as a driving force of land use change, this is only one of possible approaches. To gain a more fundamental insight in policy as a driving force of land use change, a quantitative research like here is ideally accompanied by a more qualitative research providing more insight in causalities.

Download or read book The Effect of Land use Constraints on Housing Prices written by Henry O. Pollakowski and published by . This book was released on 1990 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics Real Estate and the Supply of Land written by Alan W. Evans and published by John Wiley & Sons. This book was released on 2008-04-30 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book draws together the economic literature relating to the supply of land for development. The standard view appears to be that the owners of land have no interest other than to allow their land to be used for the activity which would yield the highest income. But in reality this is not so and the book's aim is to demonstrate this, to set out the reasons and to show the economic effects of the fact that landowners have other motives. The book covers the supply of land for urban development and shows how land has characteristics which differentiate it from other factors of production which will also affect its supply for some uses, e.g. land is fixed in location and its price and value are inseparable from where it is. New light is cast on the market for land (by concentrating on the supply side), and on land use planning (by taking an economic viewpoint).

Download or read book The Effects of Land Use Controls on Housing Prices written by Lawrence F. Katz and published by . This book was released on 1980 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The major portion of this paper examines the impacts on housing costs of the most important types of land-use, environmental, and construction regulations - zoning, subdivision controls, growth management techniques, building codes, and environmental regulations - by reviewing the literature and presenting some simple theoretical models. A final section of this paper presents some initial empirical results of the author's research on the impact of local land-use regulations on land and housing costs in California."--Page 3

Download or read book Land Policy Boom bust Real Estate Markets written by Jonathan D. Cheney and published by . This book was released on 1994 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. land and real estate markets went on a roller coaster ride in the 1980s and early 1990s. The combination of economic growth, demographic change, and federal tax and banking policies that stimulated this boom-bust cycle affected regional economic performance, the affordability of housing, and local governments' fiscal health. This report discusses whether and how local government should attempt to mitigate the effects of such cycles and examines a range of available land and tax policy tools.

Download or read book Systems Research for Optimizing Future Land Use in South and Southeast Asia written by Reimund P. Roetter and published by Int. Rice Res. Inst.. This book was released on 2000 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Zoning Rules written by William A. Fischel and published by . This book was released on 2015 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Zoning has for a century enabled cities to chart their own course. It is a useful and popular institution, enabling homeowners to protect their main investment and provide safe neighborhoods. As home values have soared in recent years, however, this protection has accelerated to the degree that new housing development has become unreasonably difficult and costly. The widespread Not In My Backyard (NIMBY) syndrome is driven by voters’ excessive concern about their home values and creates barriers to growth that reach beyond individual communities. The barriers contribute to suburban sprawl, entrench income and racial segregation, retard regional immigration to the most productive cities, add to national wealth inequality, and slow the growth of the American economy. Some state, federal, and judicial interventions to control local zoning have done more harm than good. More effective approaches would moderate voters’ demand for local-land use regulation—by, for example, curtailing federal tax subsidies to owner-occupied housing"--Publisher's description.

Download or read book Essays on housing supply land use regulation and regional labourmarkets written by Wouter Vermeulen and published by Rozenberg Publishers. This book was released on 2003 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Effect of Land Use and Environmental Controls on Housing written by Arthur P. Solomon and published by . This book was released on 1976 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Proceedings of the 23rd International Symposium on Advancement of Construction Management and Real Estate written by Fenjie Long and published by Springer Nature. This book was released on 2021-02-02 with total page 1416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the proceedings of CRIOCM2018, 23rd International Symposium on Advancement of Construction Management and Real Estate, sharing the latest developments in real estate and construction management around the globe. The conference was organized by the Chinese Research Institute of Construction Management (CRIOCM) working in close collaboration with Guizhou Institute of Technology (GIT). Written by international academics and professionals, the proceedings discuss the latest achievements, research findings and advances in frontier disciplines in the field of construction management and real estate. Covering a wide range of topics, including New-type urbanization, land development and land use, urban planning and infrastructure construction, housing market and housing policy, real estate finance and investment, new theories and practices on construction project management, smart city, BIM technologies and applications, construction management in big data era, green architecture and eco-city, rural rejuvenation and eco-civilization, other topics related to construction management and real estate, the discussions provide valuable insights into the advancement of construction management and real estate in the new era. The book is an outstanding reference resource for academics and professionals alike.

Download or read book Land Economics written by and published by . This book was released on 1990 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impact of Local Residential Land Use Restrictions on Land Values Across and Within Single Family Housing Markets written by Joseph Gyourko and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We provide estimates of the impact of restrictive residential land use environments on the price of land across major American housing markets. Using micro data on vacant land purchased to develop single family housing, we implement a new empirical strategy for estimating so-called 'zoning taxes' - the amount by which land prices are bid up due to supply side regulations. Our results are broadly consistent with previous findings that zoning taxes are especially burdensome in large coastal markets. However, our more recent data indicates that price impacts in the big west coast markets now are the largest in the nation. In the San Francisco, Los Angeles, and Seattle metropolitan areas, the price of land everywhere within those three markets having been bid up by amounts that at least equal typical household income. Finally, we show that our zoning tax estimates are strongly positively correlated with a new measure of local housing market supply constraint (the Wharton Residential Land Use Regulatory Index of 2018). This relationship is not mechanically driven as the regulatory index is constructed from survey data that do not incorporate land or house price data in any way.

Download or read book Cityscape written by and published by . This book was released on 2004 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Urban Planning and the Housing Market written by Nicole Gurran and published by Springer. This book was released on 2017-05-31 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book re-examines the role of urban policy and planning in relation to the housing market in an era of global uncertainty and change. The relationship between planning and the housing market is a contested problem across research, policy, and practice. Problems with housing supply and affordability in many nations have been linked to planning system constraints, while the global financial crisis has raised new questions about the role of urban planning regulation and processes in responding to housing market trends. With reference to international cases from the United Kingdom, the United States, Ireland, Hong Kong and Australia, the book examines how different systems of urban planning and governance address complex and dynamic housing market trends. It also offers practical guidance on how urban planning can support an efficient supply of appropriate and affordable homes in preferred locations. A detailed study, which explains and decodes the workings of the planning system and housing market, this book will be of particular interest to scholars of human geography and urban planning, as well as housing policy makers and practitioners. To view Nicole Gurran’s related TEDx talk please visit: Housing Crisis? How about housing solutions. TEDx Sydney 2018 (http://bit.ly/2psfpMw)