Results

Journal article

Journal of Urban Regeneration and Renewal:

Green belts and the inefficient allocation of land

Land is an economic resource, so the efficiency with which it is used is essentially an economic problem. This paper, therefore, approaches the issue from an economic perspective. Having surveyed the economic definitions...Read more...

Journal article

Regional studies:

Can more housing supply improve affordability? A subnational perspective from Portugal

We investigate the impact of housing supply on affordability in rapidly appreciating subnational markets in Portugal. Our spatial econometric model confirms a negative relation between housing stock and prices, yet predi...Read more...

CEP discussion paper

Land use regulation, homeownership and wealth inequality

We examine the role that housing market regulatory restrictiveness plays in differentially affecting the net wealth of owners and renters over time, and its contribution to wealth inequality. In tightly regulated desirab...Read more...

Journal article

Town Planning Review:

Pushing water uphill: containment policies doomed to fail

London has had a green belt for seventy years making it the `canary in the coal mine? for `zero land take?. Because of strong demand for housing space, rising prosperity underlies rising urban land demand so rigid physic...Read more...

CEP discussion paper

The skyscraper revolution: global economic development and land savings

Tall buildings are central to facilitating sustainable urbanization and growth in cities worldwide. We estimate average elasticities of city population and built area to aggregate city building heights of 0.12 and -0.17,...Read more...

Chapter

Housing policy and affordable housing

in Oxford Research Encyclopedia of Economics and Finance

Lack of affordable housing is a growing and often primary policy concern in cities throughout the world. The main underlying cause for the "affordability crisis," which has been mounting for decades, is a combination of ...Read more...

CEP election analysis

Housing

Housing affordability is a key concern of an ever-larger fraction of UK voters who are crammed into artificially limited space. It also underlies the sense of being shut out of prosperity and unable to escape declining l...Read more...

Journal article

Journal of Housing Economics:

Housing in Europe: a different continent ? a continent of differences

This article provides the introduction to the special issue on `Housing in Europe: a different continent ? a continent of differences? in the Journal of Housing Economics in 2018. Europe is a large continent with a long ...Read more...