ABSTRACT
This section addresses the question of the economic repercussions of the physical effects of land-use planning. It looks in particular at the economic effects of the physical containment of urban growth. In Britain this has resulted, until the 1990s anyway, in rising land and property values. By concentrating all development on to a relatively restricted supply of urban land, the planning system effectively raised its price and forced developers to raise housing prices and densities (Hall et al. 1973).
