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This paper adds to the emerging knowledge base in the Nigeria and is of relevance to all residential property stakeholders. A number of empirical studies have demonstrated that several factors influence residential property values. However, there is a paucity of empirical research on critical factors influencing rental value of residential property in Nigeria. The purpose of this paper is to serve to address this gap by examining critical factors influencing rental value of residential property in the three densities area of Ibadan metropolis, Nigeria.

The study used random sampling to select 624 residential properties out of 3,120 residential properties in the portfolio of 52 Estate Surveying and Valuation firms located within Ibadan metropolis, Nigeria. Data collected were analysed using a hedonic pricing specification.

The results show that different critical factors influences rental values of different types of building in different residential densities. Number of bathroom (NOB), number of living room (NOL) and existence of burglar alarm (EOBA) were critical to bungalow in the whole area of Ibadan while number of toilet (NOT) was critical to duplex. In low-density area; residential location and EOBA have a significant positive impact on rental value of bungalow while NOT, NOBs (NOR), NOL and EOBA have a significant positive impact on detached house. However, it was NOR and EOBA that were critical in the medium density to bungalow.

The study concluded that each of the residential densities is homogenous and, therefore, every residential property stakeholders should recognise the importance of each factor on rental values so that their valuation estimates will be useful and reliable.

The study is one of the few attempts at examining factors affecting residential property value. This paper examined critical factors influencing rental value of residential property in the three densities area of Ibadan metropolis, Nigeria.

Rental housing is an important form of accommodation; evaluating its quality will improve the quality of designs, standard living of renters, new dimension to policy guiding rental housing and enhance the values of rental houses. This study aims to examine the factors influencing rental housing quality in Ile-Ife, Nigeria.

Multi-stage sampling procedure was used to select tenants for the study. Residential areas were stratified into three densities: high, medium and low. Out of the 18 residential areas identified, six, eight and four were in the high, medium and low densities, respectively. Five residential areas were selected based on high concentrations of rental housing. The selected areas are Mokuro and Iloro (high density), Ife City and Eleyele (medium density) and Aladanla (low density). Systematic sampling technique was used to select 550 buildings where an adult tenant was selected per building for questionnaire administration.

The results of the principal component analysis established that four factors were generated for the high-density, nine factors for the medium-density and five factors for low-density areas as the major factors influencing rental housing quality. The variation in the number of factors generated and the percentage variance explained by the factors could be associated to the peculiarities across the densities in terms of the socioeconomic characteristics and housing characteristics of the renters.

This study examined the factors influencing housing quality for renters in Ile-Ife, Nigeria. It provides information on the three residential densities in terms of the variation in their housing morphology. The study went further to establish the relationship among the three musketeers such as socioeconomic characteristic of renters, housing characteristics and housing quality, under three dimensions environmental, internal building and external Building. Therefore, the contribution of this study strengthens the position that a minimum standard and schedule of upgrade and maintenance should be meted out for landlords to carry out repairs at interval, so as to make the housing unit and environment habitable for tenants.

This study aims to question the fact that density has been considered only as an instrument of calculation to be used on regulation mechanisms, without taking into consideration other variables related to density. The paper proposes a framework consisting of four determining factors for urban analysis that have to be considered before starting a densification process: connectivity and permeability of network, mixture of uses, relation to urban morphology and public spaces for each district. The methodological analysis was carried out for the case of the district of Gruta de Lourdes, Quinta Normal, located in northwest Santiago, which has started a densification process the recent years.

The present discussion aims to obtain objective parameters to determine if urban development allows livability and a balanced relationship with actual urban form and diversity. There appear to be four determining factors of urban analysis: connectivity and network permeability, the mixture of uses, public spaces and urban form development. The district of Gruta de Lourdes will be used to delve into these parameters to place the debate around density in objective terms. To look in depth at each of the criteria for evaluating densification processes, various methods were selected for quantifying the observed variables: to evaluate connectivity and integration of a neighborhood with the rest of the city, the spatial configuration analysis “Space Syntax” will be used; to evaluate mix of uses, mixed-use index, or ratio of non-residential use will be used; urban morphology, plot size, housing density (dw/ha), lot coverage and floor area ratio will be used; public spaces, the percentage dedicated to each of these in m²/inhab.

The results allow us to conclude that it is necessary to plan densification processes via an analysis that promotes connectivity, mixture of uses, urban morphology and the available public spaces to understand density as a multivariable phenomenon. In addition, we conclude that the case study district, Gruta de Lourdes, can withstand greater demand for housing as long as the context is taken into account. A possible option to asset the densification potential could be the “infill” strategy, which aims to be a type of intervention that does not change the structure of the neighborhood as new buildings are positioned among existing ones, maintaining the form of the streets and the structure of plot divisions.

The value of the paper is to contribute to the discussion on how to renovate central areas in Latin American cities looking at variables such as connectivity, mixture of uses, urban morphology and public spaces, which are directly related to density. Moreover, the paper contributes to discuss new ways to analyze and measure densification, toward planning a district’s renovation. In addition, the quantitative methodological approach to the densification processes gives a new understanding of how to determine density. Finally, the paper reveals an opportunity to rethink the inner city toward new approaches to renovation developments.

The primary purpose of this study is to identify whether there is a price premium and consumers’ preferences for higher housing density, and whether there is a relationship between housing densities and sales prices. The second purpose was to identify if there is a non-linear relationship between housing density and prices even though housing density is directly associated with housing prices.

This paper applies hedonic modeling techniques to measure the value of development density of apartments in the metropolitan area of Seoul, South Korea. The regression of the sale price is a function of different types of variables such as density, market, location and other control variables.

For the first question, this paper concludes that the higher densities cause housing prices to decrease in Seoul. The summary of the results presents that housing density, floor area ratio (FAR), building coverage ratio and floor level are all important components affecting housing prices. Generally, consumers tend to buy housing with central heating systems, more parking spaces, smaller portion of rental housing within an apartment and buildings that have more of a mixed-use function. Consumers are also found to pay higher premiums for housing in areas with high population growth and less housing supply. It is conclusive that people are inclined to live in populated areas but do not want more density. For the second question, the results show that generally FAR has quadratic effects, but most housing density variables tend to have a non-linear relationship depending on the different quantile groups.

There is a knowledge gap in the area of estimating development density of apartments. Generally, studies investigating property value impacts of multifamily housing focus on external effects of the multifamily housing on home values to examine whether high density development could result in a decrease in nearby property values. These studies found that there are some positive effects. A study found that high-density housing increases property values of existing single-family homes (Joint Center for Housing Studies, 2011). More specifically, developments that are of a high design quality and superior landscaping increase values of single-family homes as well. Also, those residents who live in these high-density apartments can be good potential buyers for the existing single-family homes. The greater the number of buyers, the greater the housing market becomes. Similarly, according to a report by the Joint Center for Housing Studies (2011) at Harvard University, the presence of multifamily residents correlates with higher home values in “working communities”. Indeed, density can be an important factor determining value of apartments because of its unique characteristics. However, no empirical evidence has been provided in the literature with regard to the value of the development density. This study contributes toward improving this knowledge gap.

This paper examines residential satisfaction in welfare housing facilities exclusively built for low-income single-mother households in South Korea. The main objective is to identify predictors from among various domains such as sociodemographic and psychological characteristics of residents, as well as objective and subjective characteristics of their residential environment.

A mixed-method field study evaluates data obtained via structured questionnaires administered to 233 low-income single mothers in 23 residential welfare facilities across South Korea, supplemented by facility observations and interviews with housing staff from 16 facilities.

Residential satisfaction was found to be a multidimensional construct predicted by a number of variables, with psychological characteristics being dominant. Significant predictors were also identified among physical and sociospatial environmental characteristics, such as plan type, management and service and personal space.

The results of this study highlight the significance of the human aspects of management and the sociospatial quality of housing unit spaces to provide a sense of protection and privacy for the residents, which emphasizes the importance of management, design and policy improvements to increase satisfaction in welfare facility residents.

Currently, data for special housing conditions of female-headed households in unstable housing affordability are relatively few and outdated. A critical examination of the physical and sociospatial quality of short-term subsidized public housing for low-income single-mother households in South Korea expands the current knowledge in this field to various sociodemographic and cultural contexts.

The purpose of this paper is to examine the factors influencing residents’ adaptation strategies to climate change effects in Lagos Metropolis, Nigeria.

The metropolis was stratified into low, medium and high residential densities. Across the residential densities, questionnaires were administered on 384 residents. The questionnaire addressed issues on resident’s socio-economic and demographic attributes, awareness of climate change and factors influencing residents’ adaptation to climate change. Data were analysed using both descriptive and inferential statistics.

Result indicated that the adaptation strategies adopted by residents in the different residential areas were similar but varied in magnitude as denoted by the resident response index RRI (RRIh = 3.32, RRIm = 3.39 and RRIl = 3.41). The multiple regression analysis computed indicated the residential characteristics such as education, average monthly income, age, house type and house ownership (p < 0.05) were significant factors influencing resident’s level of climate change adaptation strategies adopted.

The study could be strengthened by looking at specific climate change effects such as floods or drought in major cities of Nigeria. Hence, the view presented in this paper may not be considered generalizable to the impacts of climate change in the study area.

In recent years, research studies on human adaptation and coping strategies to climate change have generated considerable development interest. This study contributed to this growing area of research by examining the factors influencing residents’ adaptation strategies to climate change in Lagos Metropolis, Nigeria.

The purpose of this paper is to explore two of the paradoxes arising from different views about resource limits and sustainable development.

The paper identifies the implications for property rights and public participation in environmental decisions. The first paradox concerns the adoption of policies of exclusion and inclusion through property rights and collective action; the second looks at the new role of the city where concentration of activities, once the cause of environmental degradation is now seen as the route to sustainable development.

Although private property is capable of securing exclusion and resource protection – it is neither necessary nor sufficient for sustainable development. Cooperation and appropriate institutions are essential; in other words a system of stable and binding rules that under some circumstances can be more effective when they are social and local than when they are national and legal. Urban renaissance principles of mixed uses and compact cities obscure traditional density relationships and point to the need for new forms of measurement to replace outdated residential density measures.

The paper addresses issues relevant to institutional design including private and collective property rights, and discusses appropriate measures for residential densities in relation to sustainable development policies.

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.

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.

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.

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.

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

The purpose of this paper is to test the popular perception that the storefront location choices of premium brands are positively related to adjacent rents. Focusing on the case of Starbucks, a popular international coffee chain, the authors examine the association between Starbucks locations and rents in Manhattan, New York.

The authors use a multi-year data set for average rent per square foot for office and multifamily residential properties within 1/10th of a mile of several hundred coffee shop locations in Manhattan, controlling for vacancy, job density, overall amenity density (WalkScore), coffee shop density, transit accessibility, neighborhood and the Starbucks brand. The authors take two different methodological approaches to isolate potential statistical evidence for an association between Starbucks locations and adjacent rents: the authors run a pooled-cross-sectional model and apply propensity-score matching.

The authors find a statistically significant positive relationship between the presence of Starbucks and average office rents when applying the authors’ pooled-cross-sectional model and applying propensity-score matching. This finding is consistent with several potential causal hypotheses: Starbucks may be attributed to higher rent office locations; the “Starbucks effect” may cause higher rents in adjacent locations; or there may be a mutual reinforcing of positive feedback between Starbucks locations and office rents. The authors find no strong association between Starbucks and residential rents (one model indicates an effect of 2.3 percent on residential rent at 10 percent level of significance), which challenges the direct linearity of the consumption theory of gentrification popularly called the “Starbucks effect.”

In the literature, the existence, causality and directionality of a relationship between Starbucks locations and neighborhood change have been largely unstudied. In this paper, the authors test the hypothesis that there is a positive correlation between Starbucks locations and rents.