Energy efficiency for whom? A conceptual view on retrofitting, residential segregation and the housing market

2019 ◽  
pp. 78-95 ◽  
Author(s):  
Katrin Grossmann
Keyword(s):  
Energy Efficiency ◽  
Housing Market ◽  
Residential Segregation

The capitalization of energy efficiency: Evidence from the housing market

2020 ◽  
Vol 117 ◽  
pp. 103243
Author(s):  
Erdal Aydin ◽  
Dirk Brounen ◽  
Nils Kok
Keyword(s):  
Energy Efficiency ◽  
Housing Market

scholarly journals The price of energy efficiency in the Spanish housing market

Energy Policy ◽  
2016 ◽  
Vol 94 ◽  
pp. 16-24 ◽  
Author(s):  
Amaia de Ayala ◽  
Ibon Galarraga ◽  
Joseph V. Spadaro
Keyword(s):  
Energy Efficiency ◽  
Housing Market

scholarly journals Slums and pauperization processes

2003 ◽  
Vol 1 (1) ◽  
pp. 51-66
Author(s):  
Gyöngyi Pásztor
Keyword(s):  
Housing Market ◽  
Residential Segregation ◽  
Social Protection ◽  
Transition Period ◽  
Poverty Line ◽  
Considerable Proportion ◽  
Economic Changes ◽  
Segregation Process ◽  
The Social ◽  
Real Market

The study of poverty and its urban manifestations gains more and more importance in the transition period. Due to the official constraints regarding the choice of the workplace and the residence during state-socialism, phenomena of residential segregation were much seldom in Romania than in Western societies. After 1989, a considerable proportion of the houses stock became suddenly private poverty; consequently, the housing market started to function as a real market, after the rules of demand and offer. In the same time, the social and economic changes led to a general decay of the living standards and to an increase of the number of those living under the poverty line. The joint effects of the impoverishment of the population, the precarious social protection, and the liberalization of the housing market became manifest in the accentuation of residential segregation. Poverty cannot be treated any longer only as a statistically circumscribed category, it ought to be analyzed in relation with the local segregational phenomena, paying attention to territorial aspects as well. In her present work, Pásztor Gyöngyi investigates how the segregation process took place in Cluj, determining the appearance of slum areas

Modelling energy retrofit investments in the UK housing market

2015 ◽  
Vol 4 (3) ◽  
pp. 251-267 ◽  
Author(s):  
Hassan Adan ◽  
Franz Fuerst
Keyword(s):  
Energy Efficiency ◽  
Housing Market ◽  
Empirical Test ◽  
Investment Decision ◽  
Property Market ◽  
Content Type ◽  
Energy Efficiency Measures ◽  
Energy Retrofit ◽  
Efficiency Measures ◽  
The Uk

Purpose – Improving the energy efficiency of the existing residential building stock has been identified as a key policy aim in many countries. The purpose of this paper is to review the extant literature on investment decisions in domestic energy efficiency and presents a model that is both grounded in microeconomic theory and empirically tractable. Design/methodology/approach – This study develops a modified and extended version of an existing microeconomic model to embed the retrofit investment decision in a residential property market context, taking into account tenants’ willingness to pay and cost-reducing synergies. A simple empirical test of the link between energy efficiency measures and housing market dynamics is then conducted. Findings – The empirical data analysis for England indicates that where house prices are low, energy efficiency measures tend to increase the value of a house more in relative terms compared to higher-priced regions. Second, where housing markets are tight, landlords and sellers will be successful even without investing in energy efficiency measures. Third, where wages and incomes are low, the potential gains from energy savings make up a larger proportion of those incomes compared to more affluent regions. This, in turn, acts as a further incentive for an energy retrofit. Finally, the UK government has been operating a subsidy scheme which allows all households below a certain income threshold to have certain energy efficiency measures carried out for free. In regions, where a larger proportion of households are eligible for these subsidies,the authors also expect a larger uptake. Originality/value – While the financial metrics of retrofit measures are by now well understood, most of the existing studies tend to view these investments in isolation, not as part of a larger bundle of considerations by landlords and owners of how energy retrofits might influence a property’s rent, price and appreciation rate. In this paper, the authors argue that establishing this link is crucial for a better understanding of the retrofit investment decision.

Energy Costs, Residential Mobility, and Segregation in a Shrinking City

2014 ◽  
Vol 39 (2) ◽  
pp. 14-24
Author(s):  
Katrin Großmann ◽  
Johan Buchholz ◽  
Carsten Buchmann ◽  
Christoph Hedtke ◽  
Carolin Höhnke ◽  
...  
Keyword(s):  
Energy Efficiency ◽  
Residential Segregation ◽  
Residential Mobility ◽  
Low Income ◽  
Housing Stock ◽  
Location Decisions ◽  
Energy Costs ◽  
Poor Households ◽  
Shrinking City ◽  
Low Income Households

In debates related to energy poverty, the link to questions of residential segregation remains somewhat peripheral. Because, usually, only energy-poor households are at the focus and residential mobility is not addressed, the interdependencies between households’ energy costs and the residential segregation of cities remain out of sight. Concern that energy efficiency measures could foster socio-spatial segregation in cities has recently emerged in Germany. If only households with higher incomes can afford housing with high energy efficiency standards, whereas low income households tend to choose non-refurbished but, in sum, more affordable housing stock, an increasing concentration of poor households in poor housing conditions would result. German energy efficiency and CO2 reduction policies are relatively insensitive to such questions. Using survey data from a small shrinking city in Germany, we explore how energy costs are interrelated with residential location decisions and, thus, with segregation processes and patterns. Shrinking cities represent an interesting case because, here, a decreasing demand for housing stimulates residential mobility and paves the way for dynamic reconfigurations of socio-spatial patterns. We found that energy-related aspects of homes play a role in location decisions. Low income households seek to minimize housing costs in general, paying specific attention to heating systems, thermal insulation and costs. Resulting segregation effects depend very much on where affordable and, at the same time, energy-efficient housing stock is spatially concentrated in cities. These findings should be taken into consideration for future policies on energy in existing dwellings.

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