Planning, Public Policy and Property Markets

The focus of this book is on how public policy - and especially the
planning system - both shapes and reflects the essential
characteristics of land and property markets. It challenges the
common misconceptions that property markets operate in isolation
from public policy and that planning permission is the only
significant form of state intervention in the market.

Planning, Public Policy & Property Markets contends that
effective state-market relations in land and property are critical
to a prosperous economy and a robust democracy, especially at a
time when development aims to be sustainable and environmental
protection needs to be matched by urban and rural
regeneration.

The book thus reflects an increased realisation among academics
and practitioners of the importance of theoretical integration and
'joined-up' policy-making. Its rounded perspective
addresses a significant weakness in the academic literature and
will encourage broader debate and a more pluralist agenda for
property research.

Prominent contributors present important new research on
different market sectors and policy arenas, including regeneration
and renewal, housing growth, housing planning, transport and
economic competitiveness, while the editors specifically draw out
more general lessons on the dynamic nature of the state/property
market relationship in a modern economy.

This book will encourage all those involved in property research
who strive for theoretical and practical connectivity to
demonstrate that, just as property market operations cannot be
analysed without understanding state processes, policy decisions
cannot be taken without an appreciation of how the market
operates.