Originally published in 1957. This book applies modern economic theory to the subject of land economics. The author is primarily concerned to show the role of analysis, with the main emphasis on urban real property. The first part discusses the working of the price mechanism in the property market. The second contains an extension and application of the analysis to property taxation and to two kinds of State intervention in the use of property. The chapter on the taxation of site values, for instance, is an original, general equilibrium analysis of the effects of taxation. The chapter on Compensation and Betterment, which ends the book, includes an analysis of recent British experience.
Preface 1. Introduction 2. Urban Property Values 3. The Nature of the Urban Property Market 4. The Pattern of Urban Property Values 5. Agricultural Land 6. Property Taxation – Rates 7. Property Taxation – The Rating of Site Values 8. Freedom of Contract 9. Compensation and Betterment
Reissuing works originally published between 1952 and 1991, this collection presents a wide-ranging set of excellent texts across economics, geography, urban studies, planning, politics and industrial studies. Addressing problems and policy, development and demographics, these books together form a wealth of research and debate. Some volumes address specific areas such as industrialization, housing, property, city-systems, de-centralization, employment or rural resources. Other volumes present case studies in Australia, Britain, underdeveloped countries, South Africa and the USA while some are fully international in representation. Given the recent economic shifts around the world, this timely collection is an incredibly useful resource.