A Summary of Recent Urban Form Literature and Discussion of the Implications for Real Estate Developers and Investors
Andrew Mueller and
Drew Sanderford
Journal of Real Estate Literature, 2020, vol. 28, issue 1, 50-68
Abstract:
Recent literature using the city and its shape as a lens through which to examine various socio-technical phenomena adds new and important perspective to conversations about real estate, efficient market outcomes, and market failures, as well as the role of public policy in ameliorating the latter. Accompanying and underpinning the newer literature are detailed micro-economic and spatial data that help to facilitate the revision of our collective understanding of the dualistic ontology of urban form as both a cause and consequence of public policy and economic conditions, given the monopolistic control of the land-use development process by local governments. In this context, the objectives of this paper are to summarize recent research on urban form and its attendant data, and to discuss the implications of these studies for real estate developers and investors.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rjelxx:v:28:y:2020:i:1:p:50-68
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DOI: 10.1080/09277544.2020.1790977
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