The Economics of Real Property

An Analysis of Property Values and Patterns of Use

Business & Finance
Cover of the book The Economics of Real Property by Ralph Turvey, Taylor and Francis
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Author: Ralph Turvey ISBN: 9781351594042
Publisher: Taylor and Francis Publication: August 22, 2017
Imprint: Routledge Language: English
Author: Ralph Turvey
ISBN: 9781351594042
Publisher: Taylor and Francis
Publication: August 22, 2017
Imprint: Routledge
Language: English

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.

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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.

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