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Mapping out the regulatory environment and its interaction with land and property markets

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  • Adams, David

Abstract

The purpose of this paper is to explain how the regulatory environment created by planning and building regulations interacts with land and property markets. Since this regulatory environment operates as a form of intervention within property markets in general and the development process in particular, it is essential first to understand the nature, structure and operation of land and property markets. These are covered in the first section. The second section identifies the aims and components of the planning system and building regulations. From this basis, four broad types of policy intervention are reviewed in the third section. These cover policies that seek to shape, regulate or stimulate market activity, and those that aim to build state or market capacity to produce desired outcomes. The final section uses the private residential development process as a case study to explore the extent to which state intervention can influence producer-consumer relationships in one important market sector. The paper argues that effective intervention in land and property markets requires the creation of a broad range of policy tools and their appropriate deployment to suit particular market circumstances.

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  • Adams, David, 2008. "Mapping out the regulatory environment and its interaction with land and property markets," Energy Policy, Elsevier, vol. 36(12), pages 4570-4574, December.
    • Handle: RePEc:eee:enepol:v:36:y:2008:i:12:p:4570-4574
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    References listed on IDEAS

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    Cited by:

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    2. Mubarak F. Alhajri, 2024. "Transformation of the Saudi Housing Sector through an Enabling Approach to Affordable Housing," Land, MDPI, vol. 13(5), pages 1-25, May.
    3. Kwasi Gyau BAFFOUR AWUAH & Felix N. HAMMOND & Colin A. BOOTH & Jessica E. LAMOND, 2014. "Evolution And Development Of Urban Land Use Planning: Analysis From Human Action Theory Perspective," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 9(2), pages 35-67, May.
    4. Poku-Boansi, Michael, 2021. "Multi-stakeholder involvement in urban land use planning in the Ejisu Municipality, Ghana: An application of the social complexities’ theory," Land Use Policy, Elsevier, vol. 103(C).
    5. Ling Hin Li, 2015. "State or market: the role of the government in urban village regeneration in China," International Journal of Urban Sciences, Taylor & Francis Journals, vol. 19(2), pages 157-167, July.
    6. Rowangould, Dana & Eldridge, Melody & Niemeier, Deb, 2013. "Incorporating regional growth into forecasts of greenhouse gas emissions from project-level residential and commercial development," Energy Policy, Elsevier, vol. 62(C), pages 1288-1300.
    7. Michael Martin & Stephen Hincks & Iain Deas, 2020. "Temporary use in England’s core cities: Looking beyond the exceptional," Urban Studies, Urban Studies Journal Limited, vol. 57(16), pages 3381-3401, December.

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    Planning Markets House building;

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