Relationships Between Planning and the Housing Market

The question of whether, and how, planning impacts on the housing market, continues to stir public debate in many countries. At heart, these debates reflect underlying views—often ideological or political—about the role of government intervention in the market. Free market advocates and industry representatives often argue to reduce government regulations affecting residential development, claiming that planning rules constrain growth and make housing more expensive. Planners on the other hand point to environmental, social and economic risks associated with uncoordinated and poorly managed housing development—with the implication that good planning makes housing better and therefore more valuable. Between the two poles is the viewpoint of homeowners, who will favour planning rules and settings thought to best serve their residential amenity and maintain the value of their homes, which very often means the status quo. How do these competing interests, played out through urban regulation and planning processes, come to delimit the quantity, composition and price of housing? This question has particular resonance during times of concern over rates of housing production, affordability pressures for first home buyers or regionally unbalanced growth.

© The Author(s) 2017

N. Gurran, G. Bramley, Urban Planning and the Housing Market, DOI 10.1057/978-1-137-46403-3_4

 
Source
< Prev   CONTENTS   Source   Next >