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These essays have emerged from a panel discussion presented at the 1984 meetings of the Association of Collegiate Schools of Planning, and convened to honor Harry Perloff's work and times. They seek to identify the successes and failures of US Urban Policy, and propose policy instruments which...
In this paper a model of housing demand behavior is proposed, in which both monetary and non-monetary adjustment costs (termed 'attachment') are allowed to affect demand levels. An empirical implication of the model is that the individual variance around the housing demand curve is likely to...
The fiscal plight of many inner city local authorities in England raises questions about similarities in urban fiscal stress processes in England and the United States. This paper focuses on one explanation for urban fiscal strain, the reduced viability of property taxes for local revenue...
This paper provides a preliminary analysis of costs and benefits associated with exclusionary zoning, a policy vehicle which seeks to preserve or promote industry in the urban core especially (where competition for land resources is typically the greatest), by prohibiting the incursion or...
This study examines the role of real estate brokers in the market for residential housing. It is shown that brokers obtain higher prices for the homes they sell and implicitly shift part of the brokerage-commission burden to the buyer. Evidence also is found to suggest that buyers who search the...
This paper examines the effect of the tax treatment of owner occupied housing upon its price, commonly known as the capitalisation effect, and looks at how this has a differential impact upon distinct groups in the housing market. These groups are existing outright owners, existing owners with...
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