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Local Housing Supply and the Impact of History and Geography.
- Source :
- Urban Studies (Sage Publications, Ltd.); Nov2011, Vol. 48 Issue 14, p3107-3124, 18p
- Publication Year :
- 2011
-
Abstract
- This paper considers the impact of existing land use patterns on housing supply price elasticities in local areas of England, under existing planning policies. The paper demonstrates that, despite common national planning policies, local supply responses to market pressures vary considerably, because of differences in historical land uses. The study area covers the Thames Gateway and Thames Valley, which lie to the east and west of London respectively. However, whereas the latter is one of the wealthiest areas of England, the former includes some of the highest pockets of deprivation and was a government priority area for increasing housing supply. Due to differences in historical land use and geography, the price elasticity in the least constrained area is approximately six times higher than the most constrained. [ABSTRACT FROM PUBLISHER]
- Subjects :
- HOUSING
URBAN planning
ELASTICITY (Economics)
LAND use
PUBLIC housing
SUPPLY & demand
Subjects
Details
- Language :
- English
- ISSN :
- 00420980
- Volume :
- 48
- Issue :
- 14
- Database :
- Complementary Index
- Journal :
- Urban Studies (Sage Publications, Ltd.)
- Publication Type :
- Academic Journal
- Accession number :
- 66816671
- Full Text :
- https://doi.org/10.1177/0042098010394689