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The Uncharted Trend: Toward Increased Public‐Private Cooperation in Housing Development
Author(s) -
Priest Donald E.
Publication year - 1977
Publication title -
real estate economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.064
H-Index - 61
eISSN - 1540-6229
pISSN - 1080-8620
DOI - 10.1111/1540-6229.00829
Subject(s) - production (economics) , government (linguistics) , forcing (mathematics) , public housing , quality (philosophy) , heading (navigation) , economics , public economics , business , economic growth , macroeconomics , engineering , linguistics , philosophy , epistemology , climatology , aerospace engineering , geology
National housing forecasters are beginning to recognize that local government policies have an impact on national housing production. From a reading of the recent past record of local government‐developer conflicts, one might assume that the future for increased housing production is not so rosy. But a number of powerful economic and social forces are forcing both public officials and private developers to recognize their mutual interest in cooperating. We may be heading toward a new era of public‐private cooperative housing production, with important implications for the volume and quality of new housing.