Cities and the Urban Land Premium

Cities and the Urban Land Premium PDF Author: Henri L.F. de Groot
Publisher: Edward Elgar Publishing
ISBN: 1784717444
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
After a long period of suburbanisation, cities have been in vogue again since the 1980s. But why are people prepared to spend far more money on a small house in the city than on a large house in the countryside _ and why doesn't this apply to all citi

Cities and the Urban Land Premium

Cities and the Urban Land Premium PDF Author: Henri L.F. de Groot
Publisher: Edward Elgar Publishing
ISBN: 1784717444
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
After a long period of suburbanisation, cities have been in vogue again since the 1980s. But why are people prepared to spend far more money on a small house in the city than on a large house in the countryside _ and why doesn't this apply to all citi

Cities and the Urban Land Premium

Cities and the Urban Land Premium PDF Author: Henri L. F. de Groot
Publisher:
ISBN: 9781784717438
Category : Cities and towns
Languages : en
Pages : 0

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Book Description
This is an excellent book built around an analysis of uniquely detailed datasets and providing very clear empirical insights to a range of important analytical questions in urban economics. The relevance of the book goes well beyond Europe to the wider international arena and exposition is so clear that the book serves a dual purpose - it can be used both to throw light on the empirics of key issues while at the same time it can also serve as a teaching book. Highly recommended.' - Philip McCann, University of Groningen, the Netherlands 'Cities are back and so is urban economics. This book documents and explains the resurgence of cities in general and Dutch cities in particular: this is refreshing given the almost total concentration of recent analysis on the US and to a lesser extent the UK. Not only is there a clear account of what agglomeration economies mean and how they reveal themselves in Dutch cities, particularly Amsterdam, but there is a proper emphasis on the consumption aspects of cities. People like them, they like living in them and they benefit from that. It is not all about cities making workers more productive. Another excellent feature of this book is that it gives proper emphasis to land markets and how the good things cities generate get reflected in the price of land and housing. Nor is it all about abstract models and the private sector - there is proper emphasis on the importance of good urban governance and how it can be effectively paid for. The book is accessible and illustrated with great diagrams and maps. It is a good read for all interested in modern urban development.' - Paul C. Cheshire, London School of Economics and Political Science, UK 'Cities and the Urban Premium advances our understanding of urban phenomena through the detailed quantitative description of the characteristics and evolution of the urban system in the Netherlands. Its scope and use of the latest theories and ideas in urban economics, effectively translated to the practical concerns of policy makers in the specific context of the Netherlands, make it a unique book. One that should be an invaluable companion of everyone involved in urban policy.' - Esteban Rossi-Hansberg, Princeton University, US After a long period of suburbanization, cities have been in vogue again since the 1980s. But why are people prepared to spend far more money on a small house in the city centre than on a large house in the countryside - and why doesn't this apply to all cities? The authors of this book argue that the appeal of the city in the 21st century is not only determined by the production side of the economy, but also by the consumption side: its array of shops, cultural activities and, for example, an historic city center. All these factors translate into a huge disparity in land prices as well as different wages for urban and rural citizens. This study maps out these variations, with an economic approach to spatial planning and an emphasis on land rents as a basis for cost-benefit analysis. The use of land prices as a reflection of the appreciation for urban amenities is an ideal measurement tool in the cost-benefit analyses for local investments and spatial planning policies, and sheds new light on the organization of public administration. This accessible book will be of interest to geographers, economists and social scientists, as well as policymakers involved in urban planning, seeking an in-depth understanding of land prices and the increasing importance of cities in the 21st century.

The Great Urban Transformation

The Great Urban Transformation PDF Author: You-tien Hsing
Publisher: Oxford University Press
ISBN: 0199568049
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
As China is transformed, relations between society, the state, and the city have become central. The Great Urban Transformation investigates what is happening in cities, the urban edges, and the rural fringe in order to explain these relations. In the inner city of major metropolitan centers, municipal governments battle high-ranking state agencies to secure land rents from redevelopment projects, while residents mobilize to assert property and residential rights. At the urban edge, as metropolitan governments seek to extend control over their rural hinterland through massive-scale development projects, villagers strategize to profit from the encroaching property market. At the rural fringe, township leaders become brokers of power and property between the state bureaucracy and villages, while large numbers of peasants are dispossessed, dispersed, and deterritorialized, and their mobilizational capacity is consequently undermined. The Great Urban Transformation explores these issues, and provides an integrated analysis of the city and the countryside, elite politics and grassroots activism, legal-economic and socio-political issues of property rights, and the role of the state and the market in the property market.

Order without Design

Order without Design PDF Author: Alain Bertaud
Publisher: MIT Press
ISBN: 0262550970
Category : Political Science
Languages : en
Pages : 429

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Book Description
An argument that operational urban planning can be improved by the application of the tools of urban economics to the design of regulations and infrastructure. Urban planning is a craft learned through practice. Planners make rapid decisions that have an immediate impact on the ground—the width of streets, the minimum size of land parcels, the heights of buildings. The language they use to describe their objectives is qualitative—“sustainable,” “livable,” “resilient”—often with no link to measurable outcomes. Urban economics, on the other hand, is a quantitative science, based on theories, models, and empirical evidence largely developed in academic settings. In this book, the eminent urban planner Alain Bertaud argues that applying the theories of urban economics to the practice of urban planning would greatly improve both the productivity of cities and the welfare of urban citizens. Bertaud explains that markets provide the indispensable mechanism for cities’ development. He cites the experience of cities without markets for land or labor in pre-reform China and Russia; this “urban planners’ dream” created inefficiencies and waste. Drawing on five decades of urban planning experience in forty cities around the world, Bertaud links cities’ productivity to the size of their labor markets; argues that the design of infrastructure and markets can complement each other; examines the spatial distribution of land prices and densities; stresses the importance of mobility and affordability; and critiques the land use regulations in a number of cities that aim at redesigning existing cities instead of just trying to alleviate clear negative externalities. Bertaud concludes by describing the new role that joint teams of urban planners and economists could play to improve the way cities are managed.

Land and the City

Land and the City PDF Author: Philip Kivell
Publisher: Routledge
ISBN: 1134882033
Category : Science
Languages : en
Pages : 238

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Book Description
First Published in 2004. Presents a broad analysis of land use patterns and processes in urban areas. Land has the greatest significance for the spatial patterning and functioning of modern urban settlements and societies - providing the basic morphological elements of the city, it is a source of social and economic power, is intimately bound up with environmental issues and lies at the heart of planning. This book examines the way in which land is allocated and used in both theoretical and practical senses. The author examines the empirical data to reveal the sources and nature of land, how land is used and how those uses are changing in the contemporary city. Particular attention is paid to the misuse of land through vacancy or dereliction. He also explores the importance of land ownership and the principles of land policy using case studies. Finally, he assesses the land use implications of major urban change - deindustrialization, counter-urbanization and new technology. For the first time the overall significance of land use and ownership are examined in an urban geographical and planning context.

Urban Settlement and Land Use

Urban Settlement and Land Use PDF Author: Michael Hill
Publisher: Hodder & Stoughton
ISBN: 9780340883457
Category : Education
Languages : en
Pages : 146

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Book Description
Urban Settlement and Land Use provides an up-to-date overview of urban geography through the study of both the role of cities in a changing world and the distinctive sections within cities. After considering the historical changes in urbanisation over time, the book provides detailed commentary on: Central Business Districts; Inner Cities; Zones of Transitions; Residential Environments; Edge of City land use; Transport and accessibility within cities; Global Cities; High-tech Cities and Future Cities.

Urban Land Rent

Urban Land Rent PDF Author: Anne Haila
Publisher: John Wiley & Sons
ISBN: 1118827678
Category : Social Science
Languages : en
Pages : 307

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Book Description
In Urban Land Rent, Anne Haila uses Singapore as a case study to develop an original theory of urban land rent with important implications for urban studies and urban theory. Provides a comprehensive analysis of land, rent theory, and the modern city Examines the question of land from a variety of perspectives: as a resource, ideologies, interventions in the land market, actors in the land market, the global scope of land markets, and investments in land Details the Asian development state model, historical and contemporary land regimes, public housing models, and the development industry for Singapore and several other cities Incorporates discussion of the modern real estate market, with reference to real estate investment trusts, sovereign wealth funds investing in real estate, and the fusion between sophisticated financial instruments and real estate

Hot Property

Hot Property PDF Author: Rob Nijskens
Publisher: Springer
ISBN: 3030116743
Category : Business & Economics
Languages : en
Pages : 220

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Book Description
This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.

Urban Empires

Urban Empires PDF Author: Edward Glaeser
Publisher: Routledge
ISBN: 0429892365
Category : Social Science
Languages : en
Pages : 445

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Book Description
We live in the ‘urban century’. Cities all over the world – in both developing and developed countries – display complex evolutionary patterns. Urban Empires charts the backgrounds, mechanisms, drivers, and consequences of these radical changes in our contemporary systems from a global perspective and analyses the dominant position of modern cities in the ‘New Urban World’. This volume views the drastic change cities have undergone internationally through a broad perspective and considers their emerging roles in our global network society. Chapters from renowned scholars provide advanced analytical contributions, scaling applied and theoretical perspectives on the competitive profile of urban agglomerations in a globalizing world. Together, the volume traces and investigates the economic and political drivers of network cities in a global context and explores the challenges over governance that are presented by mega-cities. It also identifies and maps out the new geography of the emergent ‘urban century’. With contributions from well-known and influential scholars from around the world, Urban Empires serves as a touchstone for students and researchers keen to explore the scientific and policy needs of cities as they become our age’s global power centers.

Rethinking the Economics of Land and Housing

Rethinking the Economics of Land and Housing PDF Author: Josh Ryan-Collins
Publisher: Zed Books Ltd.
ISBN: 1786991217
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.