.

0 (hodnocen0 x )

(1) Půjčeno:1x 

BK

1st ed.

Oxford : Basil Blackwell, 2004

xiv, 258 s. : il.

ISBN 1-4051-1862-8 (brož.)

Real estate issues

Bibliografie na s. 248-255 a rejstřík

Pozemky - vlastnictví - využití - hledisko ekonomické - studie

Výstavba - Využití půdy - hledisko ekonomické - studie

Využití půdy - výstavba - hledisko ekonomické - studie

000025397

Preface xiii // 1 Introduction: The Market for Land and Property 1 // The supply of land 1 // The demand for land 4 // The development of a theory of the supply of land 7 // 2 Land Values, Rents and Demand 11 // Introduction 11 // Ricardian rent theory 12 // Neoclassical rent theory 13 // Ricardian theory remembered 16 // Planning controls and rent theory 17 // Hierarchical planning systems 21 // Urban rent theory 23 // Rents, economic and commercial 25 // Summary and conclusion 28 // 3 Coping with Changes in Demand 31 // Introduction 31 // The extensive margins 32 // The intensive margin 34 // Capital longevity and the asymmetry of change 38 // The process of change in the housing market 39 // Summary and conclusions 45 // 4 How Efficient is the Property Market? 47 // Introduction 47 // The economic concept of efficiency 48 // Efficient markets 48 // The evidence 52 // Tests of market efficiency 54 // Conclusions 60 // 5 Market Inefficiency: Causes and Consequences 61 // Introduction 61 // Why the property market is imperfect and inefficient 61 // Price determination and the theory of the core 64 // The consequences 67 // Conclusions 75 // 6 The Supply of Land for a Particular Use: Speculation // and Uncertainty 77 // Introduction 77 // Speculation 78 // Uncertainty 84 // Summary and conclusions 87 // 7 The Supply of Land for a Particular Use: Occupier Performances and Residential Attachment 89 // Introduction 89 // Owner occupier attachment 89 // Some empirical evidence 95 // Summary and conclusions 97 // 8 The Ownership of Land and Change in its Use 99 // Introduction 99 // Tenants, owner occupiers and the supply of land 100 // Ownership and change 105 // Summary and conclusions 112 // 9 Land Ownership, Politics and Society 115 // Introduction 115 // Society and the ownership of land 115 // Alternative forms of ownership and tenancy 117 // A libertarian view 122 // Summary 125 //

10 Ownership and Control: Monopoly 127 // Introduction 127 // Monopoly rents and wine production 127 // Monopoly rents and shopping centres 130 // Summary and conclusions 134 // 11 Ownership and Control: Minimum Rents 137 // Introduction 137 // Minimum rents 138 // Minimum rents in an urban environment 143 // Summary and conclusions 148 // 12 Information, Uncertainty and the Property Market 149 // Introduction 149 // Modelling the search for information 151 // Information, search and the property market 153 // Searching for housing in practice 158 // The housing market 162 // The developer and land supply restrictions 165 // Summary and conclusions 167 // 13 Land Availability and Land Banking 169 // Introduction 169 // Land availability 170 // Land banking by private firms 175 // Public land banking 181 // Summary and conclusions 185 // 14 Contiguity: Site Assembly 187 // Introduction 187 // A game theory approach 188 // A question of time 192 // Conclusion 194 // 15 Contiguity: Compulsory Purchase and the Scale of Development 197 // Introduction 197 // Compulsory purchase and the speed of acquisition 198 // Scale economies, acquisition costs and history 204 // Summary and conclusion 208 // 16 Contiguity: Land Reallocation and the Price of Land 211 // Introduction 211 // Land reallocation and adjustment 211 // Size of site and the price of land 215 // Summary and conclusions 217 // 17 The Taxation of Land and Development Gains 219 // Introduction 219 // The undeserving landowner 220 // Betterment 223 // Economic theory and taxes on development 225 // Land taxation in recent British history 228 // Summary and conclusions 231 // 18 Annual Taxation and the Nationalisation of Land 233 // Introduction 233 // Property taxes and the rates 234 // Site value taxation 236 // Land nationalisation 238 // Summary and conclusions 242 //

19 Conclusion: Themes and Changes in Perception 245 // Recapitulation 245 // Coda 247 // References 249 // Index 256