Urban land economics: economics of real property

The economist starts from the point that land and buildings are scarce resources and it is essential that they are used as efficiently as possible. This text shows how economic analysis can be applied to economic problems connected with land, in both the private and public sectors, and suggests ways in which the existing allocation of land resources can be improved. This revised and updated edition of Jack Harvey's well-known and successful text fully covers the syllabuses for the RICS and ISVA professional examinations, and provides essential reading for HND and degree students of estate management, surveying, town planning, housing administration and the environment. Front Matter....Pages i-xvii Front Matter....Pages 1-1 Economic Efficiency Through the Price System....Pages 3-16 Front Matter....Pages 17-17 Characteristics of the Real Property Market....Pages 19-25 Functions of the Real Property Market....Pages 26-32 The Pricing of Land and Land Resources....Pages 33-44 Investment in Real Property....Pages 45-67 Front Matter....Pages 69-69 The Development Process....Pages 71-92 The Timing and Rate of Redevelopment....Pages 93-101 Finance for Development....Pages 102-111 Comprehensive Redevelopment....Pages 112-118 Public-sector Development: Cost–benefit Analysis....Pages 119-146 The Economics of Planning Controls....Pages 147-165 The Construction Industry....Pages 166-194 Front Matter....Pages 195-195 Land Use and Land Values....Pages 197-214 The Pattern of Urban Land Use....Pages 215-228 The Growth of Urban Areas....Pages 229-249 The Quality of the Urban Environment: Problems of Urban Areas....Pages 250-277 Housing....Pages 278-311 Regional Policy....Pages 312-330 Front Matter....Pages 331-331 The Impact of Government Economic Policy Objectives on Land Resources....Pages 333-340 Theory of Urban Public Finance....Pages 341-356 Front Matter....Pages 331-331 The Incidence of Taxation on Land Resources....Pages 357-377 Recent Developments....Pages 378-393 Back Matter....Pages 394-412 1. Economic Efficiency Through The Price System -- 2. Characteristics Of The Real Property Market -- 3. Functions Of The Real Property Market -- 4. The Pricing Of Land And Land Resources -- 5. Investment In Real Property -- 6. The Development Process -- 7. The Timing And Rate Of Redevelopment -- 8. Finance For Development -- 9. Comprehensive Redevelopment -- 10. Public-sector Development: Cost-benefit Analysis -- 11. The Economics Of Planning Controls -- 12. The Construction Industry -- 13. Land Use And Land Values -- 14. The Pattern Of Urban Land Use -- 15. The Growth Of Urban Areas -- 16. The Quality Of The Urban Environment: Problems Of Urban Areas -- 17. Housing -- 18. Regional Policy -- 19. The Impact Of Government Economic Policy Objectives On Land Resources -- 20. Theory Of Urban Public Finance -- 21. The Incidence Of Taxation On Land Resources -- 22. Recent Developments. Jack Harvey. Previous Ed. : 1992. Includes Bibliographical References (p. 394-398) And Index. Written by the author of "Modern Economics" and "Mastering Economics", this text shows how economic analysis can be applied to economic problems connected with land, in both the private and public sectors, and suggests ways in which the existing allocation of land resources can be improved.