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In June 2006 the Lincoln Institute held the first in a series of land policy conferences to address international trends and issues. The goals of this conference were to raise awareness of the importance of land policy in shaping international urban development and to explore research topics in urban economics and planning that might have significant policy implications. The chapters are based on the conference proceedings, papers, and commentaries of scholars and practitioners, and are divided into five themes: public actions and property prices; the importance of land value in today’s economy; land and property taxation; urban development and revitalization; and new developments in land and housing markets.
Gregory K. Ingram was president and CEO of the Lincoln Institute of Land Policy from 2005 to 2014.
Yu-Hung Hongwas a fellow at the Lincoln Institute of Land Policy.
Introduction
1. Issues and Themes, Gregory K. Ingram and Yu-Hung Hong
Public Actions and Property Prices
2. Restricting Residential Construction, Edward L. Glaeser
3. Regulation and Property Values in the United States: The High Cost of Monopoly, John M. Quigley
Commentary, Katherine A. Kiel
4. The Efficiency and Equity of Tiebout in the United States: Taxes, Services, and Property Values, Thomas J. Nechyba
Commentary, Daphne A. Kenyon
5. The Economics of Conservation Easements, Andrew J. Plantinga
Commentary, V. Kerry Smith
The Importance of Land Value in Today’s Economy
6. The Value of Land in the United States: 1975–2005, Karl E. Case
Commentary, Stephen Malpezzi
7. Urban Land Rents in the United States, David Barker
Commentary, Robin A. Dubin
Land and Property Taxation
8. Land Value Taxation as a Method of Financing Municipal Expenditures in U.S. Cities, Richard W. England
Commentary, Robert M. Schwab
9. Taxing Land and Property in Emerging Economies: Raising Revenue . . . and More?, Richard M. Bird and Enid Slack
Commentary, Miguel Urrutia
Urban Development and Revitalization
10. Asia’s Urban Century: Emerging Trends, Rakesh Mohan
11. The U.K.’s Experience in Revitalizing Inner Cities, Peter Hall
Commentary, Jody Tableporter
12. Hopeful Signs: U.S. Urban Revitalization in the Twenty-First Century, Eugénie L. Birch
Commentary, William C. Apgar
New Developments in Land and Housing Markets
13. Community Land Trusts and Housing Affordability, Steven C. Bourassa
Commentary, Stephen C. Sheppard
14. Multiple Home Ownership and the Income Elasticity of Housing Demand, Eric Belsky, Zhu Xiao Di, and Dan McCue
Commentary, Michael Carliner
15. Brazil’s Urban Land and Housing Markets: How Well Are They Working?, David E. Dowall
Commentary, J. Vernon Henderson