Urban redevelopment: contextual influences and landowner behaviour
David Adams,
Alan Disberry,
Norman Hutchison and
Thomas Munjoma
Journal of Property Research, 2001, vol. 18, issue 3, 217-234
Abstract:
This paper explores the perceptions that owners of potential urban redevelopment sites may hold of the broader economic and political context for their own decision making. Specifically, the paper investigates such owners' perceived knowledge of, and influence over particular national and local economic and policy factors, while considering the perceived impact of such factors on the owners' decisions to use, market, develop or purchase their sites. The findings suggests that, while owners may be well aware of the importance of local contextual factors, they often underestimate the significance of national ones. The results emphasize the need to distinguish between perceptions and reality in behavioural work and offer some valuable insights for the development of structuration theory in property research.
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jpropr:v:18:y:2001:i:3:p:217-234
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DOI: 10.1080/09599910110060028
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