Locational Behaviour of Households in a Constrained Housing Market

1982 ◽  
Vol 14 (9) ◽  
pp. 1195-1210 ◽  
Author(s):  
V Kreibich ◽  
A Petri
Keyword(s):  
Housing Market ◽  
Housing Policy ◽  
Housing Markets ◽  
Dominant Strategy ◽  
New Approach ◽  
Planning Policy ◽  
First Results ◽  
Locational Decision ◽  
Depth Interviews ◽  
Comprehensive Study

Locational behaviour in urban agglomerations has to be analyzed in the context of constrained housing markets, where households with low or medium incomes have to deal with serious and varied constraints when they consider a move. Given the background of the housing market in West German conurbations, conceptual and methodological deficiencies of traditional migration research are pointed out. Except for a few studies, it has been restricted to moves and to completed moves. Immobility as a dominant strategy of locational behaviour has not even been considered. By means of standardized shortview surveys, the complexity of the decisionmaking process as a whole has been largely ignored. Individual preferences have been emphasized whereas objective housing market conditions and impacts of planning and housing policy have been neglected. In a comprehensive study on locational behaviour in the Stuttgart conurbation a new approach has been applied, with a panel of households investigated over a period of four years by use of in-depth interviews and qualitative methods of analysis. The context of housing and planning policy and of the residential environment is described; and the first results of the project, which is still going on, are reported. They illustrate the extent of immobile strategies of locational behaviour and the dominance of locational decision situations with a small number of choices and numerous constraints. A concluding evaluation of some of the instruments of the quite elaborate German housing policy indicates that the housing needs of the majority of households demanding or living in rented flats are still largely neglected.

scholarly journals Speculative housing markets and rent control: insights from nonlinear economic dynamics

2021 ◽  
Author(s):  
Noemi Schmitt ◽  
Frank Westerhoff
Keyword(s):  
Housing Market ◽  
Housing Stock ◽  
House Price ◽  
Housing Markets ◽  
Market Model ◽  
Market Dynamics ◽  
Rent Control ◽  
Forecasting Accuracy ◽  
Expectation Formation ◽  
Rent Level

AbstractWe propose a novel housing market model to explore the effectiveness of rent control. Our model reveals that the expectation formation and learning behavior of boundedly rational homebuyers, switching between extrapolative and regressive expectation rules subject to their past forecasting accuracy, may create endogenous housing market dynamics. We show that policymakers may use rent control to reduce the rent level, although such policies may have undesirable effects on the house price and the housing stock. However, we are also able to prove that well-designed rent control may help policymakers to stabilize housing market dynamics, even without creating housing market distortions.

Social Accounts and Planning for Changes in Urban Housing Markets

1978 ◽  
Vol 10 (3) ◽  
pp. 247-266 ◽  
Author(s):  
J W Byler ◽  
S Gale
Keyword(s):  
Housing Market ◽  
Stochastic Models ◽  
Housing Markets ◽  
Urban Housing ◽  
Dwelling Unit ◽  
Urban Populations ◽  
Social Accounts ◽  
Dynamic Matching ◽  
Matching Process ◽  
Occupancy Patterns

A conception of the housing market as a lagged, dynamic matching process is presented as an alternative to the conventional microeconomic formulation. Various components of changes in occupancy patterns are identified, in a general multidimensional accounting framework, as a means for the structuring of observations of household and dwelling-unit characteristics of urban populations. Parameters for several stochastic models of housing-market phenomena are derived from the account-based representation. Finally, potential planning applications of these accounting frameworks are explored together with conditions for their adoption.

scholarly journals Determinants of SEA effectiveness: an empirical investigation over municipal spatial planning in Sardinia

2013 ◽  
Vol 44 (2s) ◽  
Author(s):  
Andrea De Montis ◽  
Antonio Ledda ◽  
Amedeo Ganciu ◽  
Mario Barra ◽  
Simone Caschili
Keyword(s):  
Spatial Planning ◽  
Landscape Planning ◽  
Planning System ◽  
Master Plan ◽  
Planning Tool ◽  
New Approach ◽  
Master Plans ◽  
First Results ◽  
Regional Landscape ◽  
Municipal Level

The late formal tradition of strategic environmental assessment (SEA) European Directive into the Italian planning system has so far induced a variety of behaviour of administrative bodies and planning agencies involved. In Italy and Sardinia, a new approach to landscape planning is characterizing spatial planning practice from the regional to the municipal level. Currently municipalities are adjusting their master plan to the prescriptions of the regional landscape planning instrument (in Italian, Piano Paesaggistico Regionale, PPR), according to processes that have to be integrated with a proper SEA development. With respect to this background, the aim of this paper is to assess the level of SEA implementation on the master plans of Sardinia six years after the approval of the PPR. The first results show that many municipalities are not provided with a master plan (in Italian, Piano Urbanistico Comunale, PUC) and they have in force just an old planning tool. Moreover, just some municipalities have adapted the PUC to the PPR carrying out a SEA process.

Increasing Access or Widening Choice: The Role of Resold Public-Sector Dwellings in the Housing Market

1992 ◽  
Vol 24 (11) ◽  
pp. 1585-1598 ◽  
Author(s):  
N J Williams ◽  
F E Twine
Keyword(s):  
Public Sector ◽  
Housing Market ◽  
Housing Policy ◽  
Housing Association ◽  
Lower Income ◽  
General Government ◽  
Policy Shift ◽  
Long Term Impact

British housing policy has, since 1979, been dominated by a shift from collectivist to market-oriented strategies. The single most important element of this policy shift has been the sale of public-sector dwellings to sitting tenants. The patterns of such sales have been well documented, but the longer-term effects on the broader housing market are less well understood. This paper is a report of the results of a research project into the resale by purchasing tenants of Scottish Special Housing Association dwellings over the period 1979–90. The findings are placed in the broader context of the general government housing policy aimed at widening the access to owner occupation for lower-income households. The authors conclude that the long-term impact of the sale of public-sector dwellings is more likely to widen choice for existing owners rather than to increase access to owner occupation.

Fibre optic temperature sensing: A new tool for temperature measurements in boreholes

Geophysics ◽  
1996 ◽  
Vol 61 (4) ◽  
pp. 1065-1067 ◽  
Author(s):  
Stephan Großwig ◽  
Eckart Hurtig ◽  
Katrin Kühn
Keyword(s):  
Temperature Monitoring ◽  
Temperature Sensing ◽  
Temperature Measurements ◽  
New Approach ◽  
Temperature Probe ◽  
Stop And Go ◽  
First Results ◽  
Optical Fiber Sensing ◽  
Distributed Optical Fiber ◽  
Fiber Optic Temperature

Usually, the temperature in boreholes is determined using a standard temperature probe. The logging technique is either “stop and go”, or the probe is lowered as a moving probe into the borehole using a controlled speed. Distributed temperature probe arrays installed permanently in a borehole are an alternative to moving probes and can be applied especially for temperature monitoring even under conditions where moving probes cannot be used. The distributed optical fiber sensing technique represents a new approach for temperature measurements. The basis for this method is given in Boiarski (1993), Dakin et al. (1985), Farries and Rogers (1984), Hartog and Gamble (1991), Rogers (1988), Rogers (1993). First results using fiber optic temperature sensing in boreholes and temperature monitoring for studying geotechnical and environmental problems (e.g., waste deposits) are published in Hurtig et al. (1993; 1994; 1995) and Hurtig and Schrötter (1993).

Transportation systems’ impacts on the Vilnius housing market

2019 ◽  
Vol 57 (2) ◽  
pp. 418-431 ◽  
Author(s):  
Virgilija Vasiliene-Vasiliauskiene ◽  
Aidas Vasilis Vasiliauskas ◽  
Rišard Golembovskij ◽  
Ieva Meidute-Kavaliauskiene ◽  
Edmundas Kazimieras Zavadskas ◽  
...  
Keyword(s):  
Housing Market ◽  
Housing Markets ◽  
Transportation System ◽  
Transportation Systems ◽  
Sustainable Urban Development ◽  
Quantitative Methodology ◽  
Analytic Hierarchy ◽  
Content Type ◽  
System Factors ◽  
Hierarchy Process

Purpose The purpose of this paper is to develop a better understanding of how transportation system factors affect city housing markets. The goal was to show that identifying these factors alone is not enough without also examining their effects and variations according to the housing location. Design/methodology/approach Transportation system factors were identified by conducting a thorough literature review. The factors’ relevance was tested using a quantitative methodology and a sample of 317 Vilnius residents. This city was next divided into three zones, and data collected from 18 real estate experts was subjected to qualitative analysis. The analytic hierarchy process was then applied to identify transportation system factors’ level of impact and dynamics by the housing location. Findings The results show that the factors affect the housing market in question but that these effects vary by the housing location and the most critical factors differ for each city zone. Research limitations/implications Only data on Vilnius were used. Further research is needed to compare transportation factors’ dynamics in multiple cities. Practical implications Priorities in transportation system improvements should be assessed to facilitate sustainable urban development and enhance the residents’ quality of life. Housing market regulations can only be successful if investment in transportation systems is allocated purposefully and coherently. Originality/value This research went beyond identifying transportation system factors by employing a broad, systematic approach to clarifying potential options for regulating housing markets through transportation system projects.

Housing market networks in China's major cities: a conditional causality approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lu Yang ◽  
Nannan Yuan ◽  
Shichao Hu
Keyword(s):  
Housing Market ◽  
Granger Causality ◽  
House Price ◽  
Housing Markets ◽  
Content Type ◽  
Scale Free ◽  
Second Tier ◽  
The Difference ◽  
Secondary Housing Market ◽  
Market Networks

PurposeTo explore the state of this conditional Granger causality when other cities are not factors, we investigate housing market networks in China's major cities by using a combination of conditional Granger causality and network analysis.Design/methodology/approachAlthough housing market networks have been well discussed for different countries, the question of housing market networks in China's major cities based on the conditional causality perspective has yet to be answered.FindingsWe discover that second-tier cities are more influential than first-tier cities. Although the connectivity of the primary housing market is more complex than the diversified connectivity observed in the secondary housing market, both markets are scale-free networks that exhibit high stability. Moreover, we reveal that geographic conditions and economic development jointly determine the housing market's modular hierarchical structure. Our results provide meaningful information for both Chinese policymakers and investors.Originality/valueBy excluding the influence of other cities, our conditional Granger causality identifies the true casual relation between cities' housing markets. Moreover, it is the first paper to consider the primary housing market and secondary housing market separately. Specifically, Chinese prefer new house rather than second-hand house from both speculative and self-housing. Generally speaking, the new house price is lower than the second-hand house price since the new house is off-plan property. Therefore, understanding the difference between primary and secondary housing markets will provide useful information for both policymakers and speculators.

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