Kenneth Gibb & Anthony O’Sullivan 
Housing Economics and Public Policy [PDF ebook] 

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

สารบัญ

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

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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.