LEADER 05427nam 22006974a 450 001 996217504203316 005 20230617040635.0 010 $a1-282-34243-6 010 $a9786612342431 010 $a0-470-69886-1 010 $a0-470-69832-2 035 $a(CKB)1000000000725213 035 $a(EBL)470519 035 $a(OCoLC)609849459 035 $a(SSID)ssj0000294649 035 $a(PQKBManifestationID)11255401 035 $a(PQKBTitleCode)TC0000294649 035 $a(PQKBWorkID)10322627 035 $a(PQKB)10538195 035 $a(MiAaPQ)EBC470519 035 $a(Au-PeEL)EBL470519 035 $a(CaPaEBR)ebr10297808 035 $a(CaONFJC)MIL234243 035 $a(EXLCZ)991000000000725213 100 $a20031016d2004 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEconomics, real estate, and the supply of land$b[electronic resource] /$fAlan W. Evans 210 $aOxford, UK ;$aMalden, Mass. $cBlackwell$d2004 215 $a1 online resource (274 p.) 225 1 $aReal estate issues 300 $a"RICS Foundation"--Cover. 311 $a1-4051-1862-8 320 $aIncludes bibliographical references (p. [249]-255) and index. 327 $aEconomics, Real Estate and the Supply of Land; Contents; Preface; 1 Introduction: The Market for Land and Property; The supply of land; The demand for land; The development of a theory of the supply of land; 2 Land Values, Rents and Demand; Introduction; Ricardian rent theory; Neoclassical rent theory; Ricardian theory remembered; Planning controls and rent theory; Hierarchical planning systems; Urban rent theory; Rents, economic and commercial; Summary and conclusion; 3 Coping with Changes in Demand; Introduction; The extensive margins; The intensive margin 327 $aCapital longevity and the asymmetry of change The process of change in the housing market; Summary and conclusions; 4 How Efficient is the Property Market?; Introduction; The economic concept of efficiency; Efficient markets; The evidence; Tests of market efficiency; Conclusions; 5 Market Inefficiency: Causes and Consequences; Introduction; Why the property market is imperfect and inefficient; Price determination and the theory of the core; The consequences; Conclusions; 6 The Supply of Land for a Particular Use: Speculation and Uncertainty; Introduction; Speculation; Uncertainty 327 $aSummary and conclusions 7 The Supply of Land for a Particular Use: Occupier Performances and Residential Attachment; Introduction; Owner occupier attachment; Some empirical evidence; Summary and conclusions; 8 The Ownership of Land and Change in its Use; Introduction; Tenants, owner occupiers and the supply of land; Ownership and change; Summary and conclusions; 9 Land Ownership, Politics and Society; Introduction; Society and the ownership of land; Alternative forms of ownership and tenancy; A libertarian view; Summary; 10 Ownership and Control: Monopoly; Introduction 327 $aMonopoly rents and wine production Monopoly rents and shopping centres; Summary and conclusions; 11 Ownership and Control: Minimum Rents; Introduction; Minimum rents; Minimum rents in an urban environment; Summary and conclusions; 12 Information, Uncertainty and the Property Market; Introduction; Modelling the search for information; Information, search and the property market; Searching for housing in practice; The housing market; The developer and land supply restrictions; Summary and conclusions; 13 Land Availability and Land Banking; Introduction; Land availability 327 $aLand banking by private firms Public land banking; Summary and conclusions; 14 Contiguity: Site Assembly; Introduction; A game theory approach; A question of time; Conclusion; 15 Contiguity: Compulsory Purchase and the Scale of Development; Introduction; Compulsory purchase and the speed of acquisition; Scale economies, acquisition costs and history; Summary and conclusion; 16 Contiguity: Land Reallocation and the Price of Land; Introduction; Land reallocation and adjustment; Size of site and the price of land; Summary and conclusions; 17 The Taxation of Land and Development Gains 327 $aIntroduction 330 $aThe book draws together the economic literature relating to the supply of land for development. The standard view appears to be that the owners of land have no interest other than to allow their land to be used for the activity which would yield the highest income. But in reality this is not so and the book's aim is to demonstrate this, to set out the reasons and to show the economic effects of the fact that landowners have other motives.The book covers the supply of land for urban development and shows how land has characteristics which differentiate it from other factors of production 410 0$aReal estate issues (Oxford, England) 606 $aReal estate development 606 $aLand use$xEconomic aspects 606 $aEconomics 615 0$aReal estate development. 615 0$aLand use$xEconomic aspects. 615 0$aEconomics. 676 $a333.33/7 700 $aEvans$b Alan W$038201 712 02$aRICS Foundation. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a996217504203316 996 $aEconomics, real estate and the supply of land$9954459 997 $aUNISA