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Michelle Baddeley Research Professor, Institute for Choice - University of South Australia and Honorary Professor, Institute for Global Prosperity University College London
Wednesday 09 October 2019, 16:00-17:00
Social influences on small area housing choices: Econometric evidence and implications for land use policy
- đ¤ Speaker: Michelle Baddeley Research Professor, Institute for Choice - University of South Australia and Honorary Professor, Institute for Global Prosperity University College London
- đ Date & Time: Wednesday 09 October 2019, 16:00 - 17:00
- đ Venue: Mill Lane Cambridge Lecture Room 7
Abstract
This paper explores behavioural drivers of housing demand, focussing on the impact of herding and other social influences on housing choices, and their impact on spatial patterns of housing demand. Econometric evidence is presented which captures persistence divergences in housing demand across small areas in the UK 1995 -2016. Policy lessons are explored, including implications for land use policy when social influences exacerbate persistent regional divergences, contributing to uneven patterns of housing demand and urban density trends.
Series This talk is part of the Land Economy Seminars Michaelmas 2019 series.
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