ABSTRACT
The aforementioned has gone some way to identify that the development of Local Authority Property Management (LAPM) marks a transition from the traditions of the estate to contemporary issues surrounding the management of property in local authorities. The use of the managerialist thesis to explain the rise of property in general and in the development of LAPM in particular, is not a straight forward exercise and illustrates a number of difficulties. Given the development of such skills and expertise requires what is termed 'reflexive' knowledge - theoretical, discursive and methodological, the need to place property managers at the centre of thing becomes even more apparent. The transformation referred to as the development of reflexive knowledge, theory and method that challenge normative standards in the experiments which are undertaken to support such design, modelling and testing exercises. The fear from the 'libertarian' camp of the property profession is that the nation-state may take command and control of the capital markets.
