The relationship between planning policies and the housing market is very complex, making it difficult for supply to respond to sudden changes in demand, according to a new study.
The research team - Alastair Jackson, Sarah Monk, Caroline Royce and Jessica Dunn at the Property Research Unit, University of Cambridge - looked at the relationship between the availability of land and the development process in three districts in Cambridgeshire and Hertfordshire with differing approaches to the release of land.