Smarten up! applying market design theory to greyfields housing supply : a background paper

Sharam, Andrea, McShane, Ian, Alves, Tom, Bryant, Lyndall, & Shihab-Smith, Avril (2012) Smarten up! applying market design theory to greyfields housing supply : a background paper. In Housing Melbourne : Innovation for Good Design, Urban Renewal and Affordable Supply, 7th November 2012, Melbourne, Vic. (Unpublished)

Abstract

This paper examines whether recent innovation in market design can address persistent problems of housing choice and affordability in the inner and middle suburbs of Australian cities. Australia's ageing middle suburbs are the result of a low density and highly car-dependent garden city greenfield approach to planning that failed to consider possible future resource or environmental constraints on urban development (Newton et al., 2011). Described as 'greyfield' sites in contrast to greenfield (signalling the change from rural to urban land use) and 'brownfield' (being the transformation of former industrial use to mixed use, including housing), intensification of development in such areas is expected to deliver positive social, economic and environmental outcomes (Trubka et al., 2008; Gurran et al., 2006; Newton et al., 2011; Goodman et al., 2010). Yet despite broad policy consensus progress remains elusive (Major Cities Unit, 2010). In this paper we argue that the application of market design theory, specifically through the internet-based coordination of market information, offers a new policy approach and practical measures to address these problems.

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ID Code: 55951
Item Type: Conference Paper
Refereed: No
Keywords: housing, Smart Markets, Urban Renewal, Greyfield, Housing Affordability
Subjects: Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > URBAN AND REGIONAL PLANNING (120500) > Housing Markets Development Management (120503)
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Copyright Owner: Copyright 2012 please consult the authors
Deposited On: 20 Dec 2012 04:25
Last Modified: 20 Dec 2012 05:21

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