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| Author: | Pennington, M. |
| Title: | Land use planning: public or private choice? |
| Journal: | Economic Affairs
2003 : JUN, VOL. 23:2, p. 10-15 |
| Index terms: | Regional planning Land use Property Housing Prices |
| Language: | eng |
| Abstract: | Focusing on house prices and residential densities, this paper offers a comparative institutions account of the likely performance of public and private land use planning regimes. The analysis suggests that whilst far from 'perfect', a system of private land use planning is likely to offer a more effective way of balancing the costs and benefits of land use change than a government-driven system. |
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