Incentivizing residential land development

References

• Albouy, D., Ehrlich, G., & Shin, M. (2018) Metropolitan land values, Review of Economics and Statistics, 100(3), pp. 454–466.
   Web of Science ®Google Scholar
• Anas, A. (2012) Discovering the efficiency of urban sprawl, in: N. Brooks, K. Donaghy & G. Knaap (Eds) The Oxford Handbook of Urban Economics and Planning, chapter 6, pp. 123–149 (New York, NY: Oxford University Press).
   Google Scholar
• Anderson, S. T. & West, S. E. (2006) Open space, residential property values, and spatial context, Regional Science and Urban Economics, 36(6), pp. 773–789.
   Web of Science ®Google Scholar
• Anenberg, E. & Kung, E. (2018) Can more housing supply solve the affordability crisis? Evidence from a neighborhood choice model, Regional Science and Urban Economics, forthcoming.
   PubMed Web of Science ®Google Scholar
• Bacon, P. & MacCabe, F. (2000) The Housing Market in Ireland: An Economic Evaluation of Trends and Prospects (Ireland: Government of Ireland).
   Google Scholar
• Bar-Ilan, A. & Strange, W. C. (1996). Urban development with lags, Journal of Urban Economics, 39, pp. 87–113.
   Web of Science ®Google Scholar
• Barker, K. (2004) Review of Housing Supply. Barker Review Final Report—Recommendations (London: HM Treasury).
   Google Scholar
• Callcutt, J. (2007) The Callcutt Review of Housebuilding Delivery (London: Department for Communities and Local Government).
   Google Scholar
• Brueckner, J., Thisse, J.-F., & Zenou, Y. (1999) Why is central Paris rich and downtown Detroit poor? An amenity-based theory, European Economic Review, 43(1), pp. 91–107.
   Web of Science ®Google Scholar
• Capozza, D. R. & Helsley, R. W. (1990) The stochastic city, Journal of Urban Economics, 28, pp. 187–203.
   Web of Science ®Google Scholar
• Capozza, D. R. & Li, Y. (1994) The intensity and timing of investment: The case of land, American Economic Review, 84(4), pp. 889–904.
   Web of Science ®Google Scholar
• Chu, B. (2018) Labour compulsory purchase orders: Could forced sales of undeveloped land work and is ‘land banking’ really happening? Independent, February 2.
   Google Scholar
• Council of Australian Governments. (2012) Housing Supply and Affordability Reform (Canberra, Australia).
   Google Scholar
• Crowe, D. & Howell, S. (2013) Clearing the Hurdles: Freeing Localities to Boost National Growth (London: Localis).
   Google Scholar
• Dixit, A. K. & Pindyck, R. S. (1994) Investment Under Uncertainty (Princeton, NJ: Princeton University Press).
   Google Scholar
• Evans, A. W. (2004). Economics, Real Estate and the Supply of Land (Oxford: Blackwell Publishing).
   Google Scholar
• Grenadier, S. R. (1996) The strategic exercise of options: Development cascades and overbuilding in real estate markets, Journal of Finance, 51(5), pp. 1653–1679.
   Web of Science ®Google Scholar
• Grenadier, S. R. (2002) Option exercise games: An application to the equilibrium investment strategies of firms, Review of Financial Studies, 15(3), pp. 691–721.
   Web of Science ®Google Scholar
• Guthrie, G. (2009) Real Options in Theory and Practice (New York, NY: Oxford University Press).
   Google Scholar
• Guthrie, G. (2010). House prices, development costs, and the value of waiting, Journal of Urban Economics, 68, pp. 56–71.
   Web of Science ®Google Scholar
• Hansson, A. G. (2019) City strategies for affordable housing: The approaches of Berlin, Ham- burg, Stockholm, and Gothenburg, International Journal of Housing Policy, 19(1), pp. 95–119.
   Web of Science ®Google Scholar
• Huisman, K. J. M. & Kort, P. M. (2015) Strategic capacity investment under uncertainty, RAND Journal of Economics, 46(2), pp. 376–408.
   Web of Science ®Google Scholar
• Leggett, C. G. & Bockstael, N. E. (2000) Evidence of the effects of water quality on residential land prices, Journal of Environmental Economics and Management, 39(2), pp. 121–144.
   Web of Science ®Google Scholar
• Leishman, C. (2015) Housing supply and suppliers: Are the microeconomics of housing developers important? Housing Studies, 30(4), pp. 580–600.
   Web of Science ®Google Scholar
• Letwin, O. (2018) Independent Review of Build Out Rates: Draft Analysis (London: Ministry of Housing, Communities and Local Government).
   Google Scholar
• Meen, G. (2005) On the economics of the Barker review of housing supply, Housing Studies, 20(6), pp. 949–971.
   Web of Science ®Google Scholar
• Molior. (2012) Barriers to Housing Delivery. Report produced for the Greater London Authority (London: Molior London Limited).
   Google Scholar
• Molior. (2014) Barriers to Housing Delivery: Update. Report produced for the Greater London Authority (London: Molior London Limited).
   Google Scholar
• Murphy, A. (2018) A dynamic model of housing supply, American Economic Journal: Economic Policy, 10(4), pp. 243–267.
   Web of Science ®Google Scholar
• New Zealand Productivity Commission. (2015) Using Land for Housing (Wellington, New Zealand: New Zealand Government).
   Google Scholar
• New Zealand Productivity Commission. (2017) Better Urban Planning (Wellington, New Zealand: New Zealand Government).
   Google Scholar
• Nguyen-Hoang, P. & Yinger, J. (2011) The capitalization of school quality into house values: A review, Journal of Housing Economics, 20, pp. 30–48.
   Web of Science ®Google Scholar
• Nilsson, P. (2017) Are valuations of place-based amenities driven by scale? Housing Studies, 32(4), pp. 449–469.
   Web of Science ®Google Scholar
• Nygaard, C. & Meen, G. (2013) The distribution of London residential property prices and the role of spatial lock-in. Urban Studies, 50(12), pp. 2535–2552.
   Web of Science ®Google Scholar
• OFT. (2008) Homebuilding in the UK: A Market Study (London: Office of Fair Trading).
   Google Scholar
• Pawlina, G. & Kort, P. M. (2006) Real options in an asymmetric duopoly: Who benefits from your competitive disadvantage? Journal of Economics, Management and Strategy, 15(1), pp. 1–35.
   Web of Science ®Google Scholar
• Stephens, M. (2012) Tackling housing market volatility in the UK. Part I: Long- and short-term volatility, International Journal of Housing Policy, 12(3), pp. 367–380.
   Google Scholar
• Stokey, N. L. (2016) Wait-and-see: Investment options under policy uncertainty, Review of Economic Dynamics, 21, pp. 246–265.
   Web of Science ®Google Scholar
• Titman, S. (1985) Urban land prices under uncertainty, American Economic Review, 75(3), pp. 505–514.
   Web of Science ®Google Scholar
• Walsh, P., Griffiths, C., Guignet, D., & Klemick, H. (2017) Modeling the property price impact of water quality in 14 Chesapeake Bay Counties, Ecological Economics, 135, pp. 103–113.
   Web of Science ®Google Scholar
• Woetzel, J., Ram, S., Mischke, J., Garemo, N., & Sankhe, S. (2014) A Blueprint for Addressing the Global Affordable Housing Challenge (New York: McKinsey Global Institute).
   Google Scholar