The focus of this book is on how public policy - and especially the planning system - both shapes and reflects the essential characteristics of land and property markets. It challenges the common misconceptions that property markets operate in isolation from public policy and that planning permission is the only significant form of state intervention in the market. Planning, Public Policy & Property Markets contends that effective state-market relations in land and property are critical to a prosperous economy and a robust democracy, especially at a time when development aims to be sustainable and environmental protection needs to be matched by urban and rural regeneration. The book thus reflects an increased realisation among academics and practitioners of the importance of theoretical integration and joined-up policy-making. Its rounded perspective addresses a significant weakness in the academic literature and will encourage broader debate and a more pluralist agenda for property research. Prominent contributors present important new research on different market sectors and policy arenas, including regeneration and renewal, housing growth, housing planning, transport and economic competitiveness, while the editors specifically draw out more general lessons on the dynamic nature of the state/property market relationship in a modern economy. This book will encourage all those involved in property research who strive for theoretical and practical connectivity to demonstrate that, just as property market operations cannot be analysed without understanding state processes, policy decisions cannot be taken without an appreciation of how the market operates.

The focus of this book is on how public policy - and especially theplanning system - both shapes and reflects the essentialcharacteristics of land and property markets. It challenges thecommon misconceptions that property markets operate in isolationfrom public policy and that planning permission is the onlysignificant form of state intervention in the market.Planning, Public Policy & Property Markets contends thateffective state-market relations in land and property are criticalto a prosperous economy and a robust democracy, especially at atime when development aims to be sustainable and environmentalprotection needs to be matched by urban and ruralregeneration.The book thus reflects an increased realisation among academicsand practitioners of the importance of theoretical integration and'joined-up' policy-making. Its rounded perspectiveaddresses a significant weakness in the academic literature andwill encourage broader debate and a more pluralist agenda forproperty research.Prominent contributors present important new research ondifferent market sectors and policy arenas, including regenerationand renewal, housing growth, housing planning, transport andeconomic competitiveness, while the editors specifically draw outmore general lessons on the dynamic nature of the state/propertymarket relationship in a modern economy.This book will encourage all those involved in property researchwho strive for theoretical and practical connectivity todemonstrate that, just as property market operations cannot beanalysed without understanding state processes, policy decisionscannot be taken without an appreciation of how the marketoperates.