scholarly journals Advance rent mobilisation strategies of graduate renters in Ghana: a submarket of the private rental housing market

2021 ◽  
Author(s):  
Lewis Abedi Asante ◽  
Richmond Juvenile Ehwi ◽  
Emmanuel Kofi Gavu
Keyword(s):  
Social Capital ◽  
Housing Market ◽  
Rational Choice ◽  
Temporal Dynamics ◽  
Rental Housing ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
Lump Sum ◽  
Personal Savings ◽  
Rental Housing Market

AbstractThe practice of advance rent, where landlords ask renters to pay a lump-sum rent covering 2 or more years, is gaining scholarly and political attention in Africa. Nevertheless, there is limited empirical research investigating how renters mobilize funds to meet this financial commitment. Existing literature suggests that renters, irrespective of their educational level, face difficulties in paying advance rent, hence compelling them to rely mainly on their bonding (family and friends) and bridging (employers and financial institutions) social capital to pay advance rent. Drawing on rational choice and social capital theories coupled with data from a novel (graduate) sub-market of Ghana’s rental housing market, this article finds that personal savings remain the most rational current and future source of funding options graduate renters draw upon to pay advance rent, albeit some still drawing on their social capital. The findings demonstrate that graduate renters do not use bonding social capital in their future mobilization strategies after they have drawn on the same in previous years, although they continue to rely on their bridging social capital and other strategies to mobilize funds for advance rent. The study suggests the need to rethink rational choice and social capital theories to incorporate inter-temporal dynamics among different social groups and to traverse the current binary conception of the rental housing market in Ghana to consider different sub-markets and how they respond to existing challenges in the housing sector.

scholarly journals Social capital and economic growth in the regions of Europe

2021 ◽  
pp. 0308518X2110000
Author(s):  
Jonathan Muringani ◽  
Rune D Fitjar ◽  
Andrés Rodríguez-Pose
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Human Capital ◽  
European Social Survey ◽  
Knowledge Flows ◽  
Regional Economic Growth ◽  
Lower Growth ◽  
Regional Economic ◽  
Bonding Social Capital ◽  
Bridging Social Capital

Social capital is an important factor explaining differences in economic growth among regions. However, the key distinction between bonding social capital, which can lead to lock-in and myopia, and bridging social capital, which promotes knowledge flows across diverse groups, has been overlooked in growth research. In this paper, we address this shortcoming by examining how bonding and bridging social capital affect regional economic growth, using data for 190 regions in 21 EU countries, covering eight waves of the European Social Survey between 2002 and 2016. The findings confirm that bridging social capital is linked to higher levels of regional economic growth. Bonding social capital is highly correlated with bridging social capital and associated with lower growth when this is controlled for. We do not find significantly different effects of bonding social capital in regions with more or less bridging social capital, or vice versa. We examine the interaction between social and human capital, finding that bridging social capital is fundamental for stimulating economic growth, especially in low-skilled regions. Human capital also moderates the relationship between bonding social capital and growth, reducing the negative externalities imposed by excessive bonding.

scholarly journals Online rental housing market representation and the digital reproduction of urban inequality

2019 ◽  
Vol 52 (2) ◽  
pp. 449-468 ◽  
Author(s):  
Geoff Boeing
Keyword(s):  
Housing Market ◽  
Smart Cities ◽  
Rental Housing ◽  
Search Costs ◽  
Poverty Rate ◽  
The Internet ◽  
Urban Inequality ◽  
The Usa ◽  
Housing Search ◽  
Rental Housing Market

As the rental housing market moves online, the internet offers divergent possible futures: either the promise of more-equal access to information for previously marginalized homeseekers, or a reproduction of longstanding information inequalities. Biases in online listings’ representativeness could impact different communities’ access to housing search information, reinforcing traditional information segregation patterns through a digital divide. They could also circumscribe housing practitioners’ and researchers’ ability to draw broad market insights from listings to understand rental supply and affordability. This study examines millions of Craigslist rental listings across the USA and finds that they spatially concentrate and overrepresent whiter, wealthier, and better-educated communities. Other significant demographic differences exist in age, language, college enrollment, rent, poverty rate, and household size. Most cities’ online housing markets are digitally segregated by race and class, and we discuss various implications for residential mobility, community legibility, gentrification, housing voucher utilization, and automated monitoring and analytics in the smart cities paradigm. While Craigslist contains valuable crowdsourced data to better understand affordability and available rental supply in real time, it does not evenly represent all market segments. The internet promises information democratization, and online listings can reduce housing search costs and increase choice sets. However, technology access/preferences and information channel segregation can concentrate such information-broadcasting benefits in already-advantaged communities, reproducing traditional inequalities and reinforcing residential sorting and segregation dynamics. Technology platforms like Craigslist construct new institutions with the power to shape spatial economies, human interactions, and planners’ ability to monitor and respond to urban challenges.

scholarly journals Understanding the Potential Influence of WeChat Engagement on Bonding Capital, Bridging Capital and Electronic Word-of-Mouth Intention

2021 ◽  
Vol 13 (15) ◽  
pp. 8489
Author(s):  
Hua Pang ◽  
Jingying Wang ◽  
Xiang Hu
Keyword(s):  
Social Capital ◽  
Interpersonal Communication ◽  
Social Exchange ◽  
Social Exchange Theory ◽  
Word Of Mouth ◽  
Social Capital Theory ◽  
Electronic Word Of Mouth ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
Bridging Capital

As the most prevalent social media platform in mainland China, WeChat enables interpersonal communication among users and serves as an innovative marketing platform for enterprises to interact with consumers. Although numerous studies have investigated the antecedents of electronic word-of-mouth (e-WOM), WeChat users’ specific behaviors still receive limited academic attention. Drawing from social capital theory and social exchange theory, this article develops a model to systematically explore three differentiated types of WeChat behaviors and their association with users’ social capital and e-WOM intention. The conceptual model is explicitly evaluated by utilizing web-based data gathered from 271 young people. Obtained results demonstrate the path effects indicating that: (1) WeChat use behaviors such as seeking, sharing, and liking can positively influence bonding social capital, while only the impacts of sharing and liking on bridging social capital are significant; (2) bonding and bridging social capital are both significant predictors of e-WOM intention, and bonding social capital is the more influential of the two; (3) bonding social capital partially mediates the effect of seeking on e-WOM intention. These findings are eloquent for researchers and operators to further grasp the increasing importance of WeChat adoption and social capital on young generations’ e-WOM intention in the evolving digital age.

scholarly journals Rental Housing Market in Riga: Price Determinants and Lesson Keys of Helsinki

2019 ◽  
Vol 7 (1) ◽  
pp. 6-17
Author(s):  
Sindija Balode ◽  
Uldis Kamols
Keyword(s):  
Housing Market ◽  
Rental Housing ◽  
Transport Infrastructure ◽  
City Centre ◽  
Special Focus ◽  
Shopping Malls ◽  
Quantitative And Qualitative Research ◽  
Price Determinants ◽  
Rent Level ◽  
Rental Housing Market

Abstract The research focuses on the rental housing market in Riga and reveals that among factors that affect the rent level in neighbourhoods of Riga the most are distance from the city centre, neighbourhood safety, quality of housing and transport infrastructure, access to shopping malls, and employment opportunities. The aim of the research is to analyse the housing market in Riga, by putting a special focus on price determinants and lesson keys of Helsinki. Quantitative and qualitative research methods are used in the paper with the biggest contribution being extraction and analysis of data about more than 1800 rental apartments in Riga from the largest Latvian online real estate advertisement platform. Quantitative analysis is based on investigating relationships between average rent levels in different neighbourhoods of Riga and index values of 23 urban environment factors. In addition, the rental housing market in Helsinki is researched, emphasising few guidelines for rental housing market improvements in Riga, such as introducing government subsidies.

scholarly journals Bridging and Bounding Social Capital: Social Interaction Analysis of Islets Islanders in Wakatobi Marine National Park

2020 ◽  
Vol 8 (1) ◽  
pp. 30-46
Author(s):  
Taane La Ola ◽  
Nur Isiyana Wianti ◽  
Muslim Tadjuddah
Keyword(s):  
Social Capital ◽  
National Park ◽  
Interaction Analysis ◽  
Primary Data ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
The Social ◽  
Relationship Of ◽  
The Relationship ◽  
Depth Interviews

The purpose of this paper is to provide an overview of the differences in the strength of social capital that is bonding and bridging two community groups, namely land-dwellers and Sama Bajo boat-dwellers in three islands in Wakatobi Marine National Park. This study used a post-positivistic research paradigm, and the primary data were collected by using a questionnaire to 240 respondents who represented the group of land-dwellers and Sama Bajo boat-dwellers on the islands of Wangi-wangi, Kaledupa, and Tomia. This research was also supported by qualitative data through in-depth interviews from several informants and desk studies. The results showed that bridging social capital relations tend to be weak in the two forms of interactions between the Sama Bajo and the land-dwellers on Wangi-wangi Island and Kaledupa Island, while bridging social capital tend to be secured in Tomia Island. We found that the social context through the historical links in the past and identity played a role in the relationship of bridging social capital and bonding social capital in the three communities as an analytical unit of this research.  

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