Land use, price changes and speculation on the urban fringe : an intertemporal case study in the Kamloops area, B.C.
department or school: Business, Sauder School of
department or school: Real Estate Division
data provider: DSpace
degree campus: UBCV
creator: Richmond, Bruce Leslie
issued: 2012-04-04T19:48:47Z
issued: 1971
related degree: Master of Business Administration - MBA
degree grantor: University of British Columbia
description: The established trend of increasing raw land values, combined with a forecast of this pattern to continue, is both reinforcing and perpetuating general opinions with respect to the causes of the unit price increase of raw land. Specifically, the stigma attached to the term "land speculation" is rapidly increasing. The existence of these circumstances makes it imperative to identify the motives initiating 'speculative activity' involving undeveloped land in order to either substantiate the basis for the growing criticism of so-called "speculators" or disprove, with empirical evidence, the concepts on which the misconceptions of speculation and the resulting criticism are founded. Consequently, following a general discussion of existing attitudes toward land in North America and the presumed effects of land speculation, this study attempts to establish empirically to what extent speculation in undeveloped land exists in the City of Kamloops, its causes and actual effects on the unit price of raw land. The study incorporates in its framework an extensive review of existing related literature under the general heading of "Land Speculation - A General Discussion". The purpose of this section of the study (Chapter II) is to identify and summarize varied observations documented by several authors who have both supported and rejected basic misconceptions with respect to land speculators. In addition, Chapter II provides a useful basis for comparing the personal observations of reviewed authors with the subsequent actual results of the analysis. The primary objective of the study is to measure the changes in raw land values from 1949-1970 in the City of Kamloops, and to rationalize these changes in terms of market behaviour. The approach used in an effort to achieve this objective is a time series analysis to isolate the causes contributing to changes in raw land values and as a result recreate the market behaviour of raw land sales in the intertemporary period. The subject …
aggregated CHO: https://circle.library.ubc.ca/rest/handle/2429/41923
note: LAND USE, PRICE CHANGES AND SPECULATION ON THE URBAN FRINGE: AN INTER-TEMPORAL CASE STUDY IN THE KAMLOOPS AREA, B.C. by Bruce Leslie Richmond Comm., The University of British Columbia, 1970 A THESIS SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION in the Division of URBAN LAND ECONOMICS Faculty of COMMERCE AND BUSINESS ADMINISTRATION We accept this thesis as conforming to the required standard: THE UNIVERSITY OF BRITISH COLUMBIA December, 1971 In presenting this thesis in partial fulfilment of the requirements for an advanced degree at the University of British Columbia, I agree that the Library shall make it freely available for reference and study. I further agree that permission for extensive copying of this thesis for scholarly purposes may be granted by the Head of my Department or by his representatives. It is understood that copying or publication of this thesis for financial gain shall not be allowed without my written permission. Department of fy The University of British Columbia Vancouver 8, Canada Date Wdr&h /, /?72. LAND USE, PRICE CHANGES AND SPECULATION ON THE URBAN FRINGE: AN INTER-TEMPORAL CASE STUDY IN THE KAMLOOPS AREA, B.C. ABSTRACT Bruce Leslie Richmond The established trend of increasing raw land values, combined with a forecast of this pattern to continue, is both reinforcing and perpet.uating general opinions with respect to the causes of the unit price increase of raw land. Specifically, the stigma attached to the term "land speculation" is rapidly increasing. The existence of these circumstances makes it imperative to identify the motives initiating 'speculative activity' involving undeveloped land in order to either substantiate the basis for the growing criticism of so-called "speculators" or disprove, with empirical evidence, the concepts on which the miscon-ceptions of speculation and the resulting criticism are founded. Consequently, following a general discussion of existing attit…
has type: Thesis/Dissertation
is shown at: 10.14288/1.0102450
language: eng
degree discipline: Business Administration - Urban Land Economics
provider: Vancouver : University of British Columbia Library
publisher: University of British Columbia
rights: For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.
scholar level: Graduate
type: Text
identifier URI: http://hdl.handle.net/2429/41923