This book is a timely assessment of 20 years of progress in the
field of housing economics and its application to policy and
practice. Two decades on from the publication of Duncan Maclennan’s
influential Housing Economics, 16 leading housing experts –
both academics and policy makers from across the world – now honour
Maclennan’s contributions.
The chapters here present a contemporary survey of key issues in
housing, from urban housing markets and sub-market modelling, to
the economics of social housing, the basis for housing planning,
economic analysis of neighbourhoods, and the connections between
academic work and policy development.
For students, researchers and practitioners in housing, urban
economics and social policy, Housing Economics and Public
Policy:
. provides up to date and comprehensive reviews of major areas
of the housing economics literature
. sheds light on the economic, social and spatial processes that
affect housing
. includes discussion of major areas of cutting edge housing
economics research and identifies continuing gaps
. presents a synthesis of housing economics research on both
sides of the Atlantic
. assesses the impact of theory on policy and practice
Daftar Isi
Introduction 1
Urban Housing Models 22
Segmentation, Adjustment and Disequilibrium 38
Transactions Costs and Housing Markets 56
Hedonic Pricing Models: A Selective and Applied Review 67
Housing, Random Walks, Complexity and The Macroeconomy 90
Taxation, Subsidies and Housing Markets 110
The Economics of Social Housing 135
Neighbourhood Dynamics and Housing Markets 153
Access To Home Ownership In The United States: The Impact Of Changing Perspectives On Constraints To Tenure
Choice 172
Planning Regulation and Housing Supply In A Market System 193
Economics and Housing Planning 218
The Right To Buy In Britain 235
The Political Economy of Housing Research 248
Policy and Academia: An Assessment 268
References 283
Index 319
Tentang Penulis
Anthony O’Sullivan is the editor of Housing Economics and Public Policy, published by Wiley.
Kenneth Gibb is the editor of Housing Economics and Public Policy, published by Wiley.
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