Planning, Public Policy and Property Markets

David Adams - Ian Mactaggart Chair of Property and Urban Studies, University of Glasgow Craig Watkins - Reader, Department of Town and Regional Planning, University of Sheffield Michael White - Lecturer: researching the interaction between policy and property markets; economic analysis of property, University of Aberdeen

Preface. Acknowledgements. Contributors. Abbreviations. Part 1: Introduction. 1 Examining Public Policy and Property Markets. David Adams, Craig Watkins and Michael White * Introduction * The Scope of The Book * Property Research and Public Policy * Structure of the Book. Part 2: Conceptualising Relationships. 2. Conceptualising State-Market Relations in Land and Property: The Mainstream Contribution of Neo-Classical and Welfare Economics. David Adams, Neil Dunse and Michael White * Introduction * Insights on Supply, Demand and Public Policy from Neo-Classical Economics * Insights on Market Failure and Public Policy from Welfare Economics * Conclusions * Notes. . 3. Conceptualising State-Market Relations in Land and Property: The Growth of Institutionalism - Extension or Challenge to Mainstream Economics?. David Adams, Neil Dunse and Michael White * Introduction * The Institutional Framework for Land and Property Market Operations * New Institutional Economics * The Political Economy of Institutionalism * Uncertainty, Risk Containment and Confidence Building * Conclusions * Notes. 4. Planning Tools and Markets: Towards an Extended Conceptualisation. Steve Tiesdell and Philip Allmendinger * Introduction * Understanding 'Planning' * Mainstream Economics * The Political Economy of Institutionalism * A Typology of Planning Tools * Market Characteristics * Conclusions * Notes. Part 3: Unravelling the Relationships. Section 3.1: Modelling Relationships. 5. Modelling Local Housing Market Adjustment in England. Glen Bramley and Chris Leishman * Introduction * Background * Datasets * Modelling Framework and Techniques * Estimation of Key Relationships * Policy Simulations * Conclusions * Appendix 5.1: Variable Definitions and Sources. . 6. Estimating the Impact of Planning on Commercial Property Markets . John Henneberry, Tony McGough and Fotis Mouzakis * Introduction * Model Development and Specification * Empirical Study and Results * Conclusions * Notes * Appendix 6.1: Results. Section 3.2: Measurement Issues. 7. UK Roads Policy, Accessibility and Industrial Property Rents . Neil Dunse and Colin Jones * Introduction * Roads Policy and the UK Motorway Network * Transport Infrastructure and the Spatial Economy * Measuring the Effect of Transport Investment * Hedonic Pricing Analysis and the Impact of the UK Motorway Network * Discussion and Policy Implications * Notes. . 8. Urban Regeneration, Property Indices and Market Performance. Alastair Adair, Jim Berry, Ken Gibb, Norman Hutchison, Stanley McGreal and Craig Watkins * Introduction * The Urban Regeneration Policy Context * Data and Research Methods * Comparing Urban Regeneration and Prime Property Market Performance * The Total Returns Index * Conclusions. Section 3.3: Surveys and Case Studies. 9. Planning for Consumers' New-Build Housing Choices. Chris Leishman and Fran Warren * Introduction * Planning and New-Build Housing * The New-Build Housing Choice Process * The Housing Preference Study * Overview of the Findings * Preferences and Satisfaction with Room Layouts and Features * Density and Variety on New-Build Housing Estates * Conclusions. 10. Planning Obligations and Affordable Housing. Sarah Monk, Christina Short and Christine Whitehead * Introduction * The Research Context * Research Methods * How Much Affordable Housing is Being Provided? Government Evidence * How is s106 Operating? Evidence from Local Authorities * What is Happening on the Ground? Evidence from the Local Authority Case studies * Conclusions. 11. Reinforcing Commercial Competitiveness Through City Centre Renewal . Gwyndaf Williams and Stuart Batho * Introduction * Urban Governance and the Entrepreneurial City Centre * The Local Governance and Development Context * Mobilising Regeneration Capacity: The Study Approach * Reinforcing Commercial Competitiveness * Commercial Impact of the Renewal Programme * Conclusions. Section 4: Conclusions. 12. Planning, Public Policy and Property Markets: Current Relations and Future Challenges . David Adams, Craig Watkins and Michael White * Introduction * What State Actors Could Learn About the Market * What Market Actors Could Learn About the State * The Evolving Research Agenda... References. Index