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Models of urban housing markets were originally developed with simplified assumptions including a featureless plain. Urban form in these models is a one dimensional output in the shape of housing density. Subsequent empirical developments using hedonic price modeling and sub-market models have...
Persistent link: https://www.econbiz.de/10011153409
A number of models of sustainable urban form have been promoted but the concept has not been subject to a fundamental review of its theoretical and empirical underpinnings. Sustainable urban form implies an inter-linkage of sound environmental, social and economic foundations. This paper...
Persistent link: https://www.econbiz.de/10010799961
Arguments about sustainable urban form have generally been in normative terms without recourse to its practicality. The paper shows that the essential elements of urban form are outcomes of real estate markets. The focus of the research is to examine the economic sustainability constraints to...
Persistent link: https://www.econbiz.de/10004979236