The Economics of Housing

Hardback

The Economics of Housing

9781852787547 Edward Elgar Publishing
Edited by the late John M. Quigley, formerly Professor of Economics and Public Policy, University of California, Berkeley, US
Publication Date: 1997 ISBN: 978 1 85278 754 7 Extent: 1,320 pp
Housing is an important commodity in the national accounts of all countries and has generated a high quality specialised literature. The papers in this scholarly collection span a thirty-five year period from 1960 when the field of housing economics was just beginning to attract attention. Topics covered include housing and urban spatial structures, housing supply, the analysis of housing demand and empirical and theoretical studies of housing quality and prices.

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Housing is an important commodity in the national accounts of all countries and has generated a high quality specialised literature. The papers in this scholarly collection span a thirty-five year period from 1960 when the field of housing economics was just beginning to attract attention. Topics covered include housing and urban spatial structures, housing supply, the analysis of housing demand and empirical and theoretical studies of housing quality and prices. One of the features which complicates economic analysis of housing is the severe regulation of the housing and land markets; the implications of such controls, including rent control, local taxes and housing subsidies are investigated, as are the effects of property taxes and the provision of public services on housing choice. The articles in the final section cover recent research on the linkage between housing markets and financial markets, a subject which is currently of intense interest to economists in this field.
Critical Acclaim
‘These two volumes contain an outstanding collection of the most notable academic papers on housing and related urban issues. . . . a treasure trove. . . . it is a collection that I am destined to spend many hours pondering. Quigley’s expertise and evenhandedness provides insurance that they will be hours well spent.’
– Frank Braconi, Citiges Housing of Planning Council of New York

‘The collection covers the main topics that one would expect to find in any textbook on housing economics. . .’
– Christine Whitehead, Housing Studies
Contributors
61 articles, dating from 1956 to 1996
Contributors: R. Arnott, D. Capozza, P. Hendershott, J.V. Henderson, D. Maclennan, E.S. Mills, E.O. Olsen, J. Poterba, H.S. Rosen, S. Rosen
Contents
Contents: Volume I: Introduction Part I: Housing and Urban Spacial Structure Part II: Housing Supply and Filtering Part III: Housing Demand Part IV: Housing Prices: Measurement and Interpretation Part V: Hedonic Markets and Housing Choice • Volume II: Part I: Tenure Choice and Homeownership Part II: Regulation in the Housing and Land Markets Part III: Housing Subsidy Policy Part IV: Housing Market Discrimination Part V: Local Taxes, Amenities, and Property Values Part VI: Risk, Mortgage, and Financial Markets
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