Evaluating the implementation of compact activity centres in greater Brisbane

Limb, Mark

doi:10.5204/thesis.eprints.136081

Cited by 1 publication

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“…Planning for the metropolitan region occurs in a hierarchal manner; councils enact planning schemes and approval proposals, but they must comply with overarching state government policies. During the early 1990s the state government sought to encourage density near existing retail and commercial hubs with transit access, and a series of planning exercises led to the identification of numerous "major district centres" that were mostly already identified in council planning schemes (Limb, 2019).…”

Section: Data Backgroundmentioning

confidence: 99%

“…detached dwelling, medium density dwellings, commercial and retail use, etc.) as well as current uses in each time period, with that planning information developed in (Limb et al , 2020c;Limb, 2019). We use this high resolution planning information to create a variable we call zoned capacity, which is the estimated number of additional dwellings able to be built on a site under current planning regulations.…”

Section: Introductionmentioning

confidence: 99%

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We zoned for density and got higher house prices: Supply and price effects of upzoning over 20 years

Limb¹,

Murray²

2020

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Does planning for higher density increase housing development and decrease housing prices? We study the outcomes of planning for density in established suburbs over a twenty-year period using a large site-level dataset on dwelling stock, planning regulations, and prices, in 19 planned densification areas (activity centres) comprising 25,775 sites in Brisbane, Australia. Planning rules in these areas were repeatedly relaxed to allow for higher density; a policy change that should have observable price effects. To study the effect of zoning, we create a variable for each site called zoned capacity, which is the estimated number of additional dwellings able to be built under the planning code. Only 2% of the zoned capacity was taken up in any five-year study interval. Zoned capacity doubled over the whole twenty-year study period (going from 0.9x total dwellings to 1.4x), however despite these changes, 78% of sites with zoned capacity in the first period remained undeveloped. Higher rates of new housing supply are robustly related to higher prices despite demand arguably seeing a similar increase across locations. Our zoned capacity variable has no relationship to price across numerous regression models and is robust to various data selection choices. It could be that planning is not a binding constraint on new housing in Brisbane—yet price growth over our study period is comparable to other Australian cities. This evidence suggests that private housing markets will not rapidly supply new housing and cause significant price reductions, even if the planning system allows it.

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Section: Data Backgroundmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%