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Regulating property development and the capacity of the development industry

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  • Patsy Healey

Abstract

This paper reviews the interaction between the property development industry and its regulatory environment. Taking a long perspective, and drawing on research findings from different periods, it argues that the composition and practices of the various segments of the industry have been significantly affected by the regulatory context. It argues further that public policy should give more attention to its role in shaping the industry's evolution, particularly as this affects the capacity of the development industry to deliver to urban and regional economic, social and environmental objectives.

Suggested Citation

  • Patsy Healey, 1998. "Regulating property development and the capacity of the development industry," Journal of Property Research, Taylor & Francis Journals, vol. 15(3), pages 211-227, January.
    • Handle: RePEc:taf:jpropr:v:15:y:1998:i:3:p:211-227
    DOI: 10.1080/095999198368374
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    References listed on IDEAS

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    1. J Barlow & A King, 1992. "The State, the Market, and Competitive Strategy: The Housebuilding Industry in the United Kingdom, France, and Sweden," Environment and Planning A, , vol. 24(3), pages 381-400, March.
    2. P Healey, 1998. "Building Institutional Capacity through Collaborative Approaches to Urban Planning," Environment and Planning A, , vol. 30(9), pages 1531-1546, September.
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    Cited by:

    1. Tom Kauko, 2004. "Towards Infusing Institutions and Agency into House Price Analysis," Urban Studies, Urban Studies Journal Limited, vol. 41(8), pages 1507-1519, July.
    2. Siân Butcher, 2020. "Appropriating rent from greenfield affordable housing: developer practices in Johannesburg," Environment and Planning A, , vol. 52(2), pages 337-361, March.
    3. D. Rachel Lombardi & Libby Porter & Austin Barber & Chris D.F. Rogers, 2011. "Conceptualising Sustainability in UK Urban Regeneration: a Discursive Formation," Urban Studies, Urban Studies Journal Limited, vol. 48(2), pages 273-296, February.
    4. Thierry Theurillat & Patrick Rérat & Olivier Crevoisier, 2015. "The real estate markets: Players, institutions and territories," Urban Studies, Urban Studies Journal Limited, vol. 52(8), pages 1414-1433, June.
    5. Simon Guy & John Henneberry, 2000. "Understanding Urban Development Processes: Integrating the Economic and the Social in Property Research," Urban Studies, Urban Studies Journal Limited, vol. 37(13), pages 2399-2416, December.
    6. John R. Bryson & Rachel Lombardi, 2009. "Balancing product and process sustainability against business profitability: sustainability as a competitive strategy in the property development process," Business Strategy and the Environment, Wiley Blackwell, vol. 18(2), pages 97-107, February.
    7. Alison Todes & Jennifer Robinson, 2020. "Re-directing developers: New models of rental housing development to re-shape the post-apartheid city?," Environment and Planning A, , vol. 52(2), pages 297-317, March.
    8. Richard Ballard & Philip Harrison, 2020. "Transnational urbanism interrupted: A Chinese developer’s attempts to secure approval to build the ‘New York of Africa’ at Modderfontein, Johannesburg," Environment and Planning A, , vol. 52(2), pages 383-402, March.
    9. Meijer, Rick & Buitelaar, Edwin, 2023. "What drives developers? Understanding vertical (dis)integration strategies in the land development process," Land Use Policy, Elsevier, vol. 131(C).
    10. Kauko Tom, 2019. "Institutions at the Interface of Urban Planning and Real Estate," Real Estate Management and Valuation, Sciendo, vol. 27(3), pages 17-30, September.

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