Housing Markets and Planning Policy (eBook)

Colin Jones is Professor of Estate Management, School of the Built Environment at Heriot-Watt University. He has published widely on spatial property markets, urban regeneration and the economics of housing policy. Dr Craig Watkins is a Reader in the Department of Town and Regional Planning at the University of Sheffield. His research interests include housing economics and policy, urban regeneration and the analysis of commercial property markets.

Acknowledgements.

1 Introduction.

One housing market or many housing markets?

Housing markets and planning policy.

The analytical approach.

Aims and objectives.

The structure of the book.

2 The Housing Problem.

Context.

Housing market trends.

Spatial house price trends.

Affordability.

Economics of the house building industry.

Low-demand areas.

Wider planning policy context.

Conclusions.

3 Spatial Structure of Housing Markets.

A model of an urban housing market.

The theoretical impact of planning.

Empirical evidence on the impact of planning.

Planning the housing market.

Housing market areas and processes.

Case studies of HMAs.

Implications of HMAs for planning.

Conclusions.

4 Understanding Housing Submarkets.

Origins of housing submarket studies.

Theoretical basis for housing submarkets.

Defi ning and identifying housing submarkets.

Temporal dynamics of housing submarkets.

Modelling submarket structures.

Conclusions: submarkets as an analytical framework.

5 Dynamics of the Housing Market.

Choices and constraints.

Migration and spatial house price trends.

New house building, urban form and local housing.

market dynamics.

Intra-urban housing market dynamics.

Neighbourhood dynamics.

Neighbourhood succession.

Neighbourhood revitalisation.

Conclusions.

6 Planning for the Housing Market.

Spatial change, planning and housing.

The evolution of planning for housing markets.

Current practice in planning for housing.

The operation of the planning system.

Reconciling the evidence: broader political and policy
concerns.

Conclusions.

7 Planning Policies and the Market.

Planning policies and the market.

The changing housing policy context.

Provision of affordable housing.

Encouraging social mix.

Sustainable development.

Conclusions.

8 Conclusions and the Way Forward.

Current and future housing market context.

The contemporary policy agenda and the housing challenge.

Towards a framework for housing analysis.

Reshaping the system of planning for housing.

Local housing market analysis and panning practice.

The challenge to planning and the way forward.

References.

Index.

"For an academic audience, and as a teaching vehicle, the book has much to commend it. There are excellent summaries of many aspects of the application of economic theory to housing and planning issues. This includes very clear expositions of the theory and application of housing market areas, housing submarkets and the dynamics of housing markets. " (Journal of Housing and the Built Environment,
18 April 2011)

"Overall, Housing Markets & Planning Policy is a contribution worth reading, as it addresses the conundrum many planners and policy-makers face across the globe- how to control sprawl by limiting development while also tackling affordability problems by encouraging new building. This book provides much sophisticated food for thought as we enter the new decade." (International Journal of Housing Policy, September 2010)