People Flashcards
Evans said what? and in what year?
(2005) - land values up from £4k per ha to £2m per ha.
Monk and whitehead said? and year?
(1996, 1999) - SE 35-45% higher prices. And residential land 200% higher in urban.
Adams said and what year?
(2004) - up to 200% higher land prices when planning granted.
Cheshire and sheppard said and year?
(1989) - lot sizes 50-60% bigger in unrestricted planning regimes and prices 2-12% lower.
2005
Evans
1996, 1999
Monk and Whitehead
2004
Adams
1989
Cheshire and Sheppard
200% higher land prices when planning granted
Adams (2004)
Lot sizes 50-60% bigger in relaxed planning regimes.
Cheshire and Sheppard.
2-12% higher prices in relaxed planning.
Cheshire and sheppard.
What does planning = according to Evans (2005).
Planning = poorer design and quantity.
What does JM Keynes state that the gov should do?
Shouldnt do things individuals do, or slightly better. But should do the things individuals are not doing.
Adams (1776) theory?
Invisible hand.