House prices and land regulation in the Copenhagen area

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

We analyse house prices from 1992 to 2011 in the metropolitan area of Copenhagen. In line with most other metropolitan areas in Europe, Copenhagen house prices showed solid increases during this period until 2007 when a downturn in prices began. The price gradient from the centre of the metropolis to the outskirts also became steeper over these years. We investigate the influence of land regulation on this development and find indications of an upward pressure on house prices from restrictive land regulation at the municipal as well as the national level.
Original languageEnglish
JournalJournal of Property Research
Volume30
Issue number3
Pages (from-to)205-220
ISSN0959-9916
DOIs
Publication statusPublished - 1. Sep 2013

Keywords

  • Copenhagen
  • house prices
  • land regulation
  • planning
  • zoning

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