Understanding neighbourhood housing markets: regional context, disequilibrium, sub-markets and supply

dc.contributor.authorBramley, G.
dc.contributor.authorLeishman, C.
dc.contributor.authorWatkins, D.
dc.date.issued2008
dc.descriptionData source: Figures & data, https://doi.org/10.1080/02673030701875113
dc.description.abstractNeighbourhood housing markets play a pivotal role in the evolution of the demographic, social and economic functioning of neighbourhoods, and hence are necessarily a key concern for national and local policy makers. This paper examines propositions about the determinants of neighbourhood housing market outcomes in England, particularly price changes over the last 10-20 years. These concern the influence of (sub-)regional economic and demographic forces, the nature and persistence of disequilibrium, the existence of sub-markets and the influence of supply. Data from a wide range of sources at ward and local levels underpins models of price level and change set within a multi-level structure. Results are discussed in relation to the role of neighbourhood in an understanding of the micro-structures of housing markets, as well as in relation to contemporary policies.
dc.identifier.citationHousing Studies, 2008; 23(2):179-212
dc.identifier.doi10.1080/02673030701875113
dc.identifier.issn0267-3037
dc.identifier.issn1466-1810
dc.identifier.orcidLeishman, C. [0000-0002-7853-5035]
dc.identifier.urihttps://hdl.handle.net/11541.2/145842
dc.language.isoen
dc.publisherRoutledge
dc.relation.fundingJoseph Rowntree Foundation
dc.relation.fundingOffice of the Deputy Prime Minister UK
dc.rightsCopyright 2008 Taylor & Francis
dc.source.urihttps://doi.org/10.1080/02673030701875113
dc.subjecthousing market
dc.subjectchanging demand
dc.subjectneighbourhoods
dc.subjectsub-markets
dc.titleUnderstanding neighbourhood housing markets: regional context, disequilibrium, sub-markets and supply
dc.typeJournal article
pubs.publication-statusPublished
ror.mmsid9916480105901831

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