The Economics of Property and Planning: Future Value

This book introduces the interlocking disciplines of property and planning to economic theory and practice.

Unlike any other available textbook, The Economics of Property and Planning skilfully introduces the reader to the interplay between property and planning using an economic lens. As resources become scarce, there is a growing need for students to understand the principles of economics in property and planning. Especially given the rapid social, environmental, technological and political changes that are shaping places.

The book begins with an outline of key economists and economic problems, then resources and scarcity, before examining macro and micro economic factors at play in property and planning. Furthermore, the book covers a variety of topics including spatial and locational modelling, fiscal approaches to redistribution, regeneration and renewal, and transport and infrastructure financing. There is also particular focus on contemporary issues such as climate change, environmental limits to economic growth, sustainability and resilience, and affordable housing. The book also introduces practical evaluation tools and appraisal. Plus a look at property and planning with respect to macro-economic objectives, policy, and new directions.

With property and planning essential factors in economic thinking and doing, this book provides insight into what future places will look like in real terms and how they will be shaped by policy. Targeted disciplines for the book include Economics, Planning, Property, Construction, Geography, Environmental Management, Sustainability, Housing, Built Environment, Land Economy, Urban Studies, Regional Studies, and Public Policy.