Abstract
Regardless of the geographical location, origin or size of an urban area, a rational pattern of land use evolves. Normally after an assessment of various advantages and disadvantages, the location of any activity is determined either by the desire to maximise (or realise satisfactory) profits in respect of business users of land, or to maximise (or obtain acceptable) utility in the case of residential and other non-business users. The urban land use pattern is determined mainly by activities competing for sites through the forces of demand and supply — demand being the quantity of property required at given prices or rents, and supply being the amount of property available at those prices and rents.
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© 1995 Paul N. Balchin, Gregory H. Bull and Jeffrey L. Kieve
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Balchin, P.N., Bull, G.H., Kieve, J.L. (1995). The Market and the Location of Urban Land Uses. In: Urban Land Economics and Public Policy. Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13652-0_3
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DOI: https://doi.org/10.1007/978-1-349-13652-0_3
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