Economics, Planning and Housing
Book information
Description
This broad-ranging new text applies economics analysis to the aims, instruments and outcomes of land use planning and housing policies. The core focus is on providing students with a substantive and sophisticated understanding of the relation of the state and market and such key current issues as sustainable development, urban renaissance, affordable housing and the relationships between planning, housebuilding and house prices. Drawing examples from Britain, the rest of Europe and the USA, it emphasizes the role of economics in promoting a theoretically-informed and evidence-based approach to policy formation and implementation. Front Matter ....Pages i-xii Introduction (Michael Oxley)....Pages 1-14 Markets, Development, Institutions and Efficiency (Michael Oxley)....Pages 15-46 The Relevance of Welfare Economics (Michael Oxley)....Pages 47-64 Market Failure (Michael Oxley)....Pages 65-84 Environmental Economics and Sustainable Development (Michael Oxley)....Pages 85-108 Public Choice Theory, Planning and Housing (Michael Oxley)....Pages 109-127 Distributional Justice and Land Markets (Michael Oxley)....Pages 128-150 Affordable Housing and Planning (Michael Oxley)....Pages 151-170 Housing, Planning and Urban Renaissance (Michael Oxley)....Pages 171-188 Policy Instruments in a Comparative Context (Michael Oxley)....Pages 189-210 The Economic Consequences of Planning (Michael Oxley)....Pages 211-227 Conclusions (Michael Oxley)....Pages 228-236 Back Matter ....Pages 237-251
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