To What Extent Can Planning and Land Regulation Be Blamed for the Fact that, as a Young Person with a Modest Income, You Are Unlikely to Be Able to Afford to Buy a Home in Many Advanced Economies? Discuss with Reference to the Relationship Between the Supply and Demand of Housing, and House Prices

Jiaqing Wang; Zhongche Shen

doi:10.2991/978-94-6463-054-1_61

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To What Extent Can Planning and Land Regulation Be Blamed for the Fact that, as a Young Person with a Modest Income, You Are Unlikely to Be Able to Afford to Buy a Home in Many Advanced Economies? Discuss with Reference to the Relationship Between the Supply and Demand of Housing, and House Prices

Authors

Jiaqing Wang¹^{, *}, Zhongche Shen²

¹Department of Bartlett School of Planning, University College London, London, UK

²Imperial College London, London, UK

^*Corresponding author. Email: jiaqingwang1029@163.com

Corresponding Author

Jiaqing Wang

Available Online 14 December 2022.

DOI: 10.2991/978-94-6463-054-1_61 How to use a DOI?
Keywords: Housing affordability; housing prices; planning system; land regulation
Abstract: This essay seeks to make the case that, while the planning process and land use restrictions may have an impact on housing costs and affordability, they are not the main issue. As the volatility of housing prices mostly depends on the balance of supply and demand, it will first discuss how much the planning system could affect housing prices from both the supply and demand sides. Then it will argue that financial deregulation is likely to have more significant impact on housing prices.
Copyright: © 2023 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title: Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)
Series: Advances in Economics, Business and Management Research
Publication Date: 14 December 2022
ISBN: 10.2991/978-94-6463-054-1_61
ISSN: 2352-5428
DOI: 10.2991/978-94-6463-054-1_61 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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ris enw bib

TY  - CONF
AU  - Jiaqing Wang
AU  - Zhongche Shen
PY  - 2022
DA  - 2022/12/14
TI  - To What Extent Can Planning and Land Regulation Be Blamed for the Fact that, as a Young Person with a Modest Income, You Are Unlikely to Be Able to Afford to Buy a Home in Many Advanced Economies? Discuss with Reference to the Relationship Between the Supply and Demand of Housing, and House Prices
BT  - Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)
PB  - Atlantis Press
SP  - 566
EP  - 570
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-054-1_61
DO  - 10.2991/978-94-6463-054-1_61
ID  - Wang2022
ER  -

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