Planning for housing affordability why providing more land will not reduce house prices [electronic resource]
Language: English Publication details: 2007Subject(s): Online resources: Summary: Presents the findings of research concluding that increasing land supply would make little difference to either housebuilding rates or house prices. Argues that the government's policy of planning relaxation will encourage developers to use greenfield sites rather than redevelop city areas. Size, type and quality of homes has the greatest influence on house prices. Increased higher building rates would have only a small, delayed effect on house prices. House prices are dictated more by ability to pay than by land supply. Their continued rise reflects a widespread rise in income. Planning must be tailored to the needs of local communities.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 139286-1001 |
Presents the findings of research concluding that increasing land supply would make little difference to either housebuilding rates or house prices. Argues that the government's policy of planning relaxation will encourage developers to use greenfield sites rather than redevelop city areas. Size, type and quality of homes has the greatest influence on house prices. Increased higher building rates would have only a small, delayed effect on house prices. House prices are dictated more by ability to pay than by land supply. Their continued rise reflects a widespread rise in income. Planning must be tailored to the needs of local communities.