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Article
Publication date: 22 August 2023

Preety Saini and Debapratim Pandit

The purpose of the present study is to explore the factors that influence the residential location choice of households in the Indian context.

Abstract

Purpose

The purpose of the present study is to explore the factors that influence the residential location choice of households in the Indian context.

Design/methodology/approach

Two sub-urban towns of Kolkata, i.e. Biddhanagar Municipal Corporation and Rajarhat Newtown, are taken as case studies. In total, 34 variables are considered related to the household's socioeconomic background (10), dwelling (3), travel (2) and level of importance of neighborhood characteristics (19). A revealed preference household survey is conducted, which resulted in the collection of 390 samples. Firstly, 19 level of importance variables are deduced to 3 latent factors using exploratory and confirmatory factor analysis. After that, a utility function is estimated using a multinomial logit regression to identify significant factors.

Findings

The results indicate the significance of car ownership, work travel time, work mode, monthly income, proximity to work, proximity to family/relative/friends, proximity to quality schools, quality of physical infrastructure such as water availability, power availability and housing typology among others in the residential location choice of households.

Research limitations/implications

Kolkata, a major metropolitan area in eastern India, has been experiencing space constraints to cater to the housing demand of the ever-increasing population. Although satellite towns are being developed, the infrastructure landscape in such towns is uneven, resulting in more housing demand in one area than another. The study furnishes significant findings to develop more informed policies to attract households in low-demand areas and manage high-demand areas to achieve sustainable planning.

Originality/value

Considering the importance of geographical context, it is the first study on residential location choice, providing a perspective of household behavior from eastern India. It also shows the importance of physical infrastructure attributes in residential location choice for developing countries, which is seldom employed in the current practice. Moreover, previous studies (although few) done in India consider the objective value of location characteristics. The present study focuses on subjective value or the level of importance perceived by respondents.

Details

Open House International, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0168-2601

Keywords

Article
Publication date: 1 June 2015

Raden Aswin Rahadi, Sudarso Kaderi Wiryono, Deddy Priatmodjo Koesrindartoto and Indra Budiman Syamwil

– This study aims to address the factors or attributes that would influence the price of residential products in Jakarta Metropolitan Region.

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Abstract

Purpose

This study aims to address the factors or attributes that would influence the price of residential products in Jakarta Metropolitan Region.

Design/methodology/approach

In total, 202 respondents from all across Jakarta Metropolitan Region participated in the questionnaire for this study. Demographic questions are categorized into age, gender and preferences for real estate locations. The questionnaire was made based on the author’s previous studies. Of the total respondents, 127 were males and 75 were females with age ranging from 18 to 56 years old. For data analysis, the authors utilized factor analysis, Cronbach’ α test and analysis of correlation to reach the conclusion of this study.

Findings

The findings suggested that from the initial three factors groups, there are five new groups that emerge as influencing factors for housing prices. Cronbach’ α score were verified (α = 0.906). Correlation study result suggested that the initial three factors groups produce a significant correlation between each of them, except for the factor of “overall location” and “located near family.” After factor analysis, the research results show that there are two new additional groups of factors that emerge as influences to housing prices. There are significant scores of differences between gender and real estate location preference toward the groups of factors.

Research limitations/implications

This study shows how physical qualities, concept and location factors influence the housing price perception of their consumers. The result shows to be relatively reliable and valid.

Originality/value

The study is the first to analyze the relationship between the factors for preferences on residential products and housing price in Indonesia. This paper is also intended to be the first to pioneer the study on factors of preferences on residential products in Indonesia. The findings will be useful to develop pricing models for housing product in Indonesia.

Details

International Journal of Housing Markets and Analysis, vol. 8 no. 2
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 2 May 2017

Michal Gluszak and Bartlomiej Marona

This paper aims to discuss the link between socio-economic characteristics of house buyers and their housing location choices. The major objective of the study is an examination…

Abstract

Purpose

This paper aims to discuss the link between socio-economic characteristics of house buyers and their housing location choices. The major objective of the study is an examination of the role of household socio-economic characteristics. The research addresses the importance of previous residence location and latent housing motives for intra-urban housing mobility.

Design/methodology/approach

The research examines housing preferences structure and analyzes housing location choices in the city of Krakow (Poland) using discrete choice model (conditional logit model). The research is based on stated preference data from Krakow.

Findings

The results of this study suggest that demand for housing alternatives is negatively linked to the distance from current residence. Other factors stay equal, the further the distance, the less likely a household is willing to choose a location within the metropolitan area. The study indicates that housing motives can help explain housing location decisions.

Practical implications

The paper provides an empirical assessment of housing decisions in Krakow, one of the major metropolitan areas in Poland.

Originality/value

The paper contributes to a better understanding of the nature of housing decision and housing preferences in emerging markets in Central and Eastern Europe. As a result, presented research helps to fill the gap in housing market and urban economics literature.

Details

Journal of European Real Estate Research, vol. 10 no. 1
Type: Research Article
ISSN: 1753-9269

Keywords

Article
Publication date: 1 December 2019

Tayfun Salihoglu and Handan Türkoglu

Residential mobility is a dynamic urban process resulting from the ever changing internal and external factors of households' residential preferences. Factors effecting these…

Abstract

Residential mobility is a dynamic urban process resulting from the ever changing internal and external factors of households' residential preferences. Factors effecting these preferences are related to households'perception of spatial issues such as the characteristics of a house, accessibility to urban functions and transportation, land values and house prices, neighborhood characteristics, residential satisfaction, and attachment. The effects of these issues vary through the life cycle as well as social, economic, and employment status of a household. As a result of the legal arrangements and state incentives that have helped to develop the construction industry, current housing patterns have shifted in Istanbul since the 2000s'. This study aims to investigate the changing trends in the factors that affected the residential location preferences of Istanbulites from 2006 to 2014. Data was collected through a stratified sampling method from two different surveys in 2006 and 2014. The paper explains the change in the destination choice of residents in the city at the district level and furthermore, changes in the households' intention to move to one of the three different housing patterns which are common in the city.

Details

Open House International, vol. 44 no. 4
Type: Research Article
ISSN: 0168-2601

Keywords

Article
Publication date: 21 September 2015

Wei Zheng, Geoffrey Shen, Hao Wang and Patrizia Lombardi

Public housing in Hong Kong plays an essential role in accommodation supply to people of low income. Access to social resources and rent levels of nearby private residential…

Abstract

Purpose

Public housing in Hong Kong plays an essential role in accommodation supply to people of low income. Access to social resources and rent levels of nearby private residential housing are two critical issues impacting the well-being of residents living in public housing estates. However, previous research has rarely focused on the spatial distribution of public housing estates through exploring these two critical issues. On the other hand, Hong Kong is currently experiencing an urban renewal process. It would be beneficial to consider these critical issues for spatial allocation of public housing in urban renewal decision making. The purpose of this paper is to investigate these two critical issues in relation to the spatial distribution of public housing estates in Kowloon, Hong Kong.

Design/methodology/approach

Seven spatial variables were selected to reflect these critical issues. Spatial analysis in Geographic Information System was conducted to process the data required. Multiple logistic regression was employed to analyse the relationships between the spatial location of public housing estates and the seven selected variables.

Findings

Based on the analysis results, several problems as well as geographical advantages of the current location of public housing estates were discovered, which can be valuable references for decision making by government authorities for public housing development in the future.

Originality/value

This research is a pilot study on the spatial distribution of public housing estates and the critical influencing factors in Hong Kong, undertaken by applying both spatial analysis and statistical methods. It can help relevant decision makers deal with current problems of public housing location and make informed decisions on where to locate new housing projects in an urban renewal process, which can increase the equal distribution of social resources and improve the well-being of people living in public housing.

Details

Smart and Sustainable Built Environment, vol. 4 no. 2
Type: Research Article
ISSN: 2046-6099

Keywords

Article
Publication date: 6 September 2011

Wei‐Bin Zhang

This study aims to examine dynamic interactions among economic growth, geography and the housing market with public goods financed by the government. A general dynamic equilibrium…

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Abstract

Purpose

This study aims to examine dynamic interactions among economic growth, geography and the housing market with public goods financed by the government. A general dynamic equilibrium model of an isolated economy with economic geography, local public goods and capital accumulation is to be constructed. The economy has three sectors, supplying industrial goods, housing, and local public goods. The model synthesizes the main ideas in neoclassical growth theory, the Alonso urban model, and the Muth housing model in an alternative framework to the traditional growth theory.

Design/methodology/approach

The model is based on the neoclassical growth theory with an alternative approach to household behavior. The paper shows how to solve the dynamics of the economic system and simulate the model to demonstrate dynamic interactions among economic growth, housing market, residential distribution and public goods over time and space.

Findings

The paper simulates equilibrium and motion of the spatial economy with Cobb‐Douglas production and utility functions. The simulation demonstrates, for example, that, as the tax rate on the land income is increased, the total capital stocks and the stocks employed by the three sectors are increased, the rate of interest falls and the output of the industrial sector and the wage rate are increased, the land devoted to local public goods falls and the land rent and housing rent rise over space, the consumption level of the industrial goods and the total expenditures on the public goods are increased.

Practical implications

The paper provides some possible implications of the model for complicated consequences of government policy over time and space. In particular, the paper shows that a change in government policy not only has a macroeconomic impact over time, but also affects the economic geography of the national economy.

Originality/value

The paper offers insights into the linkage among growth, national public policies and economic geography.

Details

Journal of Economic Studies, vol. 38 no. 4
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 30 September 2014

Candan Çinar

The purpose of this study is to demonstrate whether the leading argument of construction firms, which have been active in the mass production of housing for the past 10 years in…

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Abstract

Purpose

The purpose of this study is to demonstrate whether the leading argument of construction firms, which have been active in the mass production of housing for the past 10 years in Istanbul, that in addition to the features of the house itself, the position of the house in the city, in other words its location, the new lifestyles the house offers and the social reinforcements the house provides are of great significance is valid or not. This was done by analyzing the contents of the advertising copies of houses present in the printed media.

Design/methodology/approach

In this study, the printed advertising copies of the projects realized by the mass housing construction firms which have carried out at least six projects in Istanbul housing market, have been analyzed and assessed by “content analysis”, one of the qualitative research methods of social sciences. As it can be observed from the results of the analysis, the house, while being regarded as a product and marketed via its features, also has become a product presented to the consumer as a result of its position in the city, in other words its location, the new lifestyles it offers and the social reinforcements it provides.

Findings

As this study has demonstrated, marketing strategies based on attracting the attention of the customer by making use of means of communication are also valid for housing in Istanbul housing market. Housing is marketed not only according to its features as a product but also according to the urban area where it is situated, new lifestyles and social reinforcements it presents. In this marketing process, the features of the housing itself; its size, construction technology, quality of the fine materials, earthquake resistance, etc. as well as the urban area where the housing is situated, the location of it, opportunities of infrastructure and superstructure of the housing become the foregrounded arguments in the advertising copies.

Originality/value

This study is that, as a requirement of modern-day marketing, the consumption relation of the consumer to the house is not simply based on the features of the house, that modern-day marketing tries to capture the attention of the consumer via the position of the house in the city (location), which is the equivalent of the other symbolic values associated with the house, the lifestyles it presents and the social reinforcements it provides.

Details

International Journal of Housing Markets and Analysis, vol. 7 no. 4
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 9 June 2021

Nor Ezatie Mukminah Muhammad Zamri, Mahazril ‘Aini Yaacob and Norazah Mohd Suki

The purpose of this study is to examine the key factors that influence the housing preferences of young civil servants in Malaysia.

Abstract

Purpose

The purpose of this study is to examine the key factors that influence the housing preferences of young civil servants in Malaysia.

Design/methodology/approach

A self-administered questionnaire was distributed to 400 respondents who fulfilled the eligibility criteria of civil servant working in Malaysia aged between 20 and 40 years, and currently renting a house, or staying with friends, immediate family or relatives. Data were analysed via exploratory factor analysis and Pearson correlation.

Findings

The results reveal that financial capability is the factor that most strongly influences the housing preferences of young civil servants, followed by neighbourhood and location. Young civil servants are highly inclined to consider the monthly repayment amount as the most important issue when deciding to buy a house. Furthermore, they prefer to buy a house in a neighbourhood that ensures high security and protection against crime.

Practical implications

Housing developers should develop affordable housing in suitable neighbourhoods and locations to match homebuyers’ preferences to avoid a mismatch between housing demand and supply, which is obviously one of the greater risks of unsold homes.

Originality/value

Given the lack of focus on this precise research sample (i.e. young civil servants), the study is justified in terms of its originality, as it examines a specific cohort by focussing on the correlations of location, financial capability and neighbourhood with housing preferences of young civil servants in Malaysia. These insights are invaluable, as this group has not been the specific focus of research.

Details

International Journal of Housing Markets and Analysis, vol. 15 no. 3
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 1 March 2017

Bong-Kuk Ko, Woo-Jung Lee and Jae-Hoon Lee

The purpose of this study is to understand what health and safety hazards low-income households are subject to by surveying the real conditions of the defective housing of…

Abstract

The purpose of this study is to understand what health and safety hazards low-income households are subject to by surveying the real conditions of the defective housing of low-income households, and to find improvement strategies. For this purpose, we visited the concentrated areas of the multi-dwelling unit (MDU) (also known as multi-family residential) housing in Jungwon-gu and Sujeong-gu in Seongnam City, Kyunggi-do, one of the representative areas in Korea with a massive distribution of the low-income class. Based on the survey data, the level of housing defects were comparison analyzed per income decile (decile 1, decile 2, deciles 3–4), and per housing location, in the categories of subsidence, cracks in the wall, delamination, water leakage/infiltration, condensation, and contamination. The housing condition per income class was more defective in the decile 2 households rather than in the decile 2 households, and in the substructure more than in the superstructure. Among the six defects, contamination problems, caused by sub-standard living conditions, were the most frequent cases. Structural defects, subsidence and cracks in the wall, were found in the main living areas—the bedrooms and the living rooms. It was confirmed in this study that the conditions of low-income housing are serious, and that it is necessary to explore specific countermeasures in the near future.

Details

Open House International, vol. 42 no. 1
Type: Research Article
ISSN: 0168-2601

Keywords

Article
Publication date: 7 October 2013

Abimbola Olukemi Windapo and Jack Goulding

South Africa still has a considerable housing shortage. Government has tried to overcome this situation by creating programs to provide affordable housing to poor people. However…

Abstract

Purpose

South Africa still has a considerable housing shortage. Government has tried to overcome this situation by creating programs to provide affordable housing to poor people. However, such housing is either often rejected by the beneficiaries or these express considerable dissatisfaction. This paper thus examines how value is constructed by key role players by looking at the building requirements that they promote, and asks whether there are any significant differences between the perceptions of housing providers and that of end-users, based on building requirements and location indicators. The rationale for the paper stems from the detection that low cost housing projects provided by government housing departments in South Africa (specifically, within the Western Cape Province) are either abandoned or considered non-satisfactory by beneficiaries and, therefore, seemingly not valued by them. This leads to the perception that low cost housing developments are unsustainable.

Design/methodology/approach

The methodology used in the paper is based on value management, and urban and social studies literature, and on a multi-case study comprising of three low-cost housing developments.

Findings

Results show that there are significant differences between the perception of key role players regarding what are important building requirements and location indicators and the corresponding end-user preferences based on location of the development.

Research limitations/implications

Following the qualitative research approach used in the research, the main study limitations encountered include communication, because the low cost housing beneficiaries are predominately non-English speaking and have low level of literacy. This required the use of oral interviews, interpreters and translation of a significant number of the surveys into English. The data collected are therefore limited to the accuracy of the translations made by the translator.

Practical implications

Results suggest that end-user preferences must be taken into consideration by the government and the design team when planning low-cost housing developments in South Africa, and that this could be achieved by involving the end-users in decision-making during the low-cost housing development process.

Originality/value

This paper is of value to the national and provincial government in South Africa because it outlines the reasons for the lack of happiness and satisfaction among the poor and disadvantaged members of the community in the low cost government subsidised housing, and it suggests steps that can be taken by government to mitigate the housing problems. The paper is also of value to other key stakeholders such as the design consultants, contractors and government officials involved in the housing delivery process.

Details

Construction Innovation, vol. 13 no. 4
Type: Research Article
ISSN: 1471-4175

Keywords

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