Search results
1 – 10 of 19David Wadley, Jung Hoon Han and Peter Elliott
Professionals’ market knowledge and business experience can facilitate transactions of residential property potentially impacted by stigmatised installations, such as large-scale…
Abstract
Purpose
Professionals’ market knowledge and business experience can facilitate transactions of residential property potentially impacted by stigmatised installations, such as large-scale public infrastructure. The purpose of this paper is to explore perceptions and assessments among homeowners, valuers (appraisers) and real estate agents (realtors) regarding infrastructure in general and high voltage overhead transmission lines (HVOTLs) in particular.
Design/methodology/approach
Informed by a literature review, separate surveys in Queensland, Australia, analyse via non-parametric and parametric means informational and perceptual variables concerning HVOTLs among 600 homeowners, 90 valuers and 90 real estate agents.
Findings
The findings reveal statistically significant differences in risk and valuation perceptions of homeowners, valuers and real estate agents relating to the placement of major linear forms of infrastructure.
Research limitations/implications
This study adds to a now-solid body of literature pertaining to property effects of HVOTLs. It extends the analysis among classes of real estate professionals and provides new comparisons for further analysis and commentary.
Practical implications
The results speak to property professionals, land use planning and electricity authorities. Prior research can be triangulated with that obtained here from valuers and real estate agents who act as informants, gatekeepers and confidants in the market place. Various hypotheses address specific points of professional practice.
Social implications
This study shows that property professionals’ disposition to HVOTLs and other large-scale infrastructure is likely to be a good deal more measured than that of homeowners, so that valuers and real estate agents might exercise a mediating influence in placement and installations decisions.
Originality/value
This research raises understanding of differences in market knowledge and perception of essential infrastructure among clients and property agents. As a point of difference, it concentrates on examining empirically what texts refer to as “information asymmetry” in residential real estate markets.
Details
Keywords
This article develops a viable means of assessment of the suitability for disposal of hundreds of national government offices in Jakarta as a facet of the relocation of…
Abstract
Purpose
This article develops a viable means of assessment of the suitability for disposal of hundreds of national government offices in Jakarta as a facet of the relocation of Indonesia's capital from Java to Borneo.
Design/methodology/approach
A “disposal assessment model”, based on multi-criteria analysis (MCA) and a bespoke model of office adaptation, is constructed and applied to the population of to-be-vacated public office buildings in Jakarta.
Findings
In this initial demonstration mode, the disposal assessment model is tested on a live dataset and found able not only to rank buildings for disposal against stated objectives but also to incorporate more complex variables and lead into other forms of business analysis.
Practical implications
A fit-for-purpose model is shown capable of assisting decision-makers involved in major asset disposal, while also accounting for the stances of project stakeholders.
Social implications
The model offers the possibility to evaluate and, likely, optimise net social benefit for Jakarta and Indonesia both quantitatively and qualitatively.
Originality/value
The disposal assessment model builds on prior work in operations research and property management to develop a new construct applicable to a novel asset issue of massive proportions.
Details
Keywords
The discipline and practice of regional and town planning is searching uneasily for new directions attendant upon conceptual and empirical developments since the early 1970s. This…
Abstract
The discipline and practice of regional and town planning is searching uneasily for new directions attendant upon conceptual and empirical developments since the early 1970s. This paper traces the current disquiet, explores contemporary viewpoints and then outlines a prospective focus in terms of processes of wealth creation. It is argued that orientation to this goal would realign planning with other mainstream disciplines such as economics and provide greater clarity to the endeavours of theoreticians and practitioners. The implications of such a move are explored in terms of an approach to the real world of the marketplace.
Details
Keywords
Peter Elliott and David Wadley
The impact of power transmission lines on property values remains insufficiently explored and inconclusively theorised. This paper provides a platform for examining what appears…
Abstract
The impact of power transmission lines on property values remains insufficiently explored and inconclusively theorised. This paper provides a platform for examining what appears to be a general phenomenon of price depreciation of land abutting power lines. A large scale international literature review is organised in terms of a thematic model as a prelude to a précis of key papers discussing the power line/property value nexus. Broadening the account, attention turns to the issue of stigma which has different manifestations from its normal context involving contaminated lands. In order to advance theoretical understanding, a speculative model is provided of the stigma apparently attaching to power lines and attendant installations.
Details
Keywords
Paul Penn, David Rose and Anthony Leadbetter
Appropriate self‐regulation of exposure to driving in view of age‐related declines in driving ability is a significant problem for older individuals in the UK, as programmes…
Abstract
Appropriate self‐regulation of exposure to driving in view of age‐related declines in driving ability is a significant problem for older individuals in the UK, as programmes designed to encourage and support self‐regulation are sorely lacking. This paper outlines the development of a CD‐based Mixed Media and Virtual Reality (MMVR) programme, consisting of: information and reference material; cognitive tests; and virtual reality (VR) driving simulator components, all of which are orientated to address the older driver. The research on the self‐regulation of driving that informs the rationale and development of the ‘shell’ of the MMVR programme is overviewed, followed by a description of state of development of the cognitive tests and VR driving simulation components of the CD. It is argued that the development of programmes such as that proposed in this paper are necessary to reconcile the mobility needs of the expanding UK elderly population and public safety concerns.
Details
Keywords
David Downing, Martin Leary, Matthew McMillan, Ahmad Alghamdi and Milan Brandt
Metal additive manufacturing is an inherently thermal process, with intense localised heating and for sparse lattice structures, often rapid uneven cooling. Thermal effects…
Abstract
Purpose
Metal additive manufacturing is an inherently thermal process, with intense localised heating and for sparse lattice structures, often rapid uneven cooling. Thermal effects influence manufactured geometry through residual stresses and may also result in non-isotropic material properties. This paper aims to increase understanding of the evolution of the temperature field during fabrication of lattice structures through numerical simulation.
Design/methodology/approach
This paper uses a reduced order numerical analysis based on “best-practice” compromise found in literature to explore design permutations for lattice structures and provide first-order insight into the effect of these design variables on the temperature field.
Findings
Instantaneous and peak temperatures are examined to discover trends at select lattice locations. Insights include the presence of vertical struts reduces overall lattice temperatures by providing additional heat transfer paths; at a given layer, the lower surface of an inclined strut experiences higher temperatures than the upper surface throughout the fabrication of the lattice; during fabrication of the lower layers of the lattice, isolated regions of material can experience significantly higher temperatures than adjacent regions.
Research limitations/implications
Due to the simplifying assumptions and multi-layer material additions, the findings are qualitative in nature. Future research should incorporate additional heat transfer mechanisms.
Practical implications
These findings point towards thermal differences within the lattice which may manifest as dimensional differences and microstructural changes in the built part.
Originality/value
The paper provides qualitative insights into the effect of local geometry and topology upon the evolution of temperature within lattice structures fabricated in metal additive manufacturing.
Details