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The Development Process

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Urban Land Economics

Abstract

Over time the demand for land resources changes, brought about by changes in the size, income and tastes of the population, the rate of growth of economic activity, methods of transport, techniques of production and distribution. On the supply side, existing buildings wear out or become less suitable to present uses, and the cost of constructing new buildings or adapting old buildings changes. Development is the response to such changes.

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© 1996 Jack Harvey

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Harvey, J. (1996). The Development Process. In: Urban Land Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-24441-6_6

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