In this paper we are concerned with the relationship between the government’s supply-side policies, including development control regimes, and the performance of the retail property market. It is argued that the regulatory environment impacts on the prices paid by both users and owners of...

The volatility of commercial property markets in the United Kingdomhas stimulated the development of explanatory models of 'price' determination. These models have tended to focus on the demand-side as the driver of change. A corollary of this is that, despite the fact that construction lags are...

ERES:conference

There is considerable case study based evidence that changes in the public policy environment have profoundly altered the structure and operation of retail property markets in England. Despite this, however, few studies of property market performance consider the influence of retail planning...

Supply-side factors within the investment decision-making process There is considerable empirical evidence that planning policies have profound impacts on the performance of the investment property market in the UK. It is less clear, however, how information about the planning policy environment...

ERES:conference

Although there are numerous good reasons for real estate analysts to construct housing submarkets, there is little clarity about how this might best be done in practice. The existing literature offers a variety of techniques based on principal components analysis, cluster analysis and other...

Investors need to have confidence in the maturity of the market in terms of transparency of returns and risks. Information on property returns is normally available for prime markets whereas urban regeneration locations to varying degrees are characterized by an opaque rather than a transparent...

In recent research it has been argued that the hedonic regression technique can be usefully applied to the valuation of residential property. This research has focused on the valuation of owneroccupied dwellings. It is the aim of this paper to show how this technique can also usefully be applied...