Real and fake data in Shanghai’s informal rental housing market: Groundtruthing data scraped from the internet

Urban Studies ◽  
2020 ◽  
pp. 004209802091819 ◽  
Author(s):  
Julia Gabriele Harten ◽  
Annette M Kim ◽  
J Cressica Brazier
Keyword(s):  
Rental Housing ◽  
Housing Markets ◽  
Preference Order ◽  
Online Data ◽  
Informal Housing ◽  
Rental Market ◽  
Residential Units ◽  
Real Market ◽  
Rental Housing Market ◽  
Mega Cities

China’s planned mega-cities contain hidden, informal housing markets. We analyse Shanghai’s ‘group rental’ market in which formal commercial and residential units have been illegally converted into extremely crowded dormitories. In 2016, we collected more than 33,000 online classified advertisements for beds in group rental apartments and find that this market serves a specific demographic with robust preference order patterns. Furthermore, groundtruthing fieldwork revealed that the scraped online data misrepresented the market. Therefore, we also collected a second set of ‘real’ market data for comparative analysis. The study highlights both the exciting possibilities and the limitations of using online content to study informality.

The Impact of the COVID-19 Pandemic on the Private Rental Housing Market in Poland: What Do Experts Say and What Do Actual Data Show?

2021 ◽  
Vol 8 (1) ◽  
pp. 24-35
Author(s):  
Mateusz Tomal ◽  
◽  
Bartłomiej Marona ◽  
Keyword(s):  
Real Estate ◽  
Rental Housing ◽  
Objective Data ◽  
Rental Market ◽  
The Third ◽  
Real Estate Agents ◽  
The Impact ◽  
The City ◽  
Second Wave ◽  
Rental Housing Market

The aim of the article is to determine the impact of the COVID-19 pandemic on the level of housing rents using the example of the City of Krakow. This study is based on objective data on rental prices and subjective information obtained from real estate agents using a questionnaire survey. The research revealed that the first wave of the COVID-19 pandemic actually led to a 6-7% decrease in prices in the rental market in Krakow, while at the same time the surveyed real estate agents had estimated that rents would drop by about 13%. With the second wave of the pandemic, it is possible to see that its immediate impact, i.e. between the third and fourth quarter of 2020, has led to a further 6.25% drop in rents. It should be noted that the latter decrease was very accurately predicted, both by the survey respondents and by the econometric models used. Finally, the results of the analysis also indicated that the worsening of the pandemic in the last quarter of 2020 will have a significant impact on rent levels in Krakow for all of next year. Regardless of how the economy develops, rental prices are forecast to fall further in 2021q1. However, in the subsequent quarters of 2021, rents are projected to increase, but ultimately their level will not return to pre-pandemic values even in 2021q4. The latter is likely to happen only in the second half of 2022.

hort-term Rentals, Housing Markets and COVID-19: Theoretical Considerations and Empirical Evidence from Four Austrian Cities

2020 ◽  
Vol 7 (2) ◽  
pp. 47-57
Author(s):  
Justin Kadi ◽  
Antonia Schneider ◽  
Roman Seidl
Keyword(s):  
Rental Housing ◽  
Housing Demand ◽  
Ongoing Research ◽  
Rental Market ◽  
The Media ◽  
Current Shift ◽  
Theoretical Considerations ◽  
Rental Housing Market ◽  
A Current

Prior to the onset of the pandemic, evidence on the conversion of regular rental housing into permanent holiday homes has fuelled concerns that Airbnb and other short-term rentals contribute to the shortage of affordable homes and to the displacement of regular residents in cities with high housing demand. When the pandemic set in, the media was quick to speculate that holiday homes would be returned to the regular rental market. This paper provides some theoretical reflections on the factors that are driving and impeding such a development and presents preliminary results from an ongoing research project that empirically traces the impacts of COVID-19 on the rental housing market based on an analysis of real estate listings in four large Austrian cities. We argue that a current shift to the regular rental market is likely, but that the medium- and long-term development is uncertain. Empirically, we demonstrate that such a shift has occurred in all four cities considered. We do not find evidence, however, that the increased rental housing supply has dampened rent levels.

DISCRIMINATION OF MIGRANTS IN THE HOUSING RENTAL MARKET IN THE BORDER CITIES OF THE SOUTH OF RUSSIA

2021 ◽  
pp. 5-14
Author(s):  
Stanislav S. Alkhasov ◽  
Keyword(s):  
Law Enforcement ◽  
Real Estate ◽  
Rental Housing ◽  
Northern Caucasus ◽  
Economic Costs ◽  
The South ◽  
Interethnic Relations ◽  
Rental Market ◽  
Widespread Phenomenon ◽  
Rental Housing Market

Discrimination on the basis of nationality and race is a widespread phenomenon in the Russian housing rental market. Discrimination is prohibited by law. However, there is no law enforcement practice. Against this background, landlords, realtors and internet real estate portals publish discriminatory advertisements. In Moscow the situation is most acute. Of particular interest is discrimination in the South of Russia, a complex multiethnic and multicultural border macro-region. The analysis of the advertisements showed that discrimination in the southern Russian housing rental market is currently moderate compared to the capital region: the minimum in Astrakhan (less than 1%) and the maximum in Stavropol and Novorossiysk (about 9%). The presence of discriminatory advertisements does not lead (or almost does not lead in the case of Sochi and Krasnodar) to economic costs for migrants. At the same time, the significant part of the population (74.9% according to V.I. Mukomel’s data) is inconsistent in their attitudes towards migrants of other ethnicities. This kind of instability creates the risk of exacerbation of interethnic relations in the South of Russia, in the Northern Caucasus. Countering discrimination in the rental housing market is one of possible measures to smooth out potential tensions.

scholarly journals The Impact of Migration on a Regulated Rental Market

REGION ◽  
2020 ◽  
Vol 7 (1) ◽  
pp. 35-48
Author(s):  
Adam Alexander Tyrcha
Keyword(s):  
Housing Market ◽  
Internal Migration ◽  
Rental Housing ◽  
Foreign Born ◽  
Limited Ability ◽  
Rental Market ◽  
Migration Flows ◽  
The Impact ◽  
The Relationship ◽  
Rental Housing Market

Throughout the 20th century, the Swedish rental market has generally been heavily regulated, with both a rental queue in place, as well as generally fixed rents, with limited ability to vary these. Though these systems remain in place, in the 21st century, a number of deregulatory measures have been taken. Meanwhile, evolving migration flows and strong humanitarian migration in particular have continued. These developments combined mean that now more than ever, impacts of migration on the rental housing market are increasingly likely. This paper investigates the relationship between foreign-born and internal migration and rents on the housing market. Findings suggest that foreign-born migration, and refugees in particular, impact rents, especially in major cities.

scholarly journals Impact of COVID-19 Pandemic on Tenancy Agreement: The Lesson from an Emerging Rental Housing Market in Nigeria

2021 ◽  
Vol 9 (1) ◽  
pp. 79-93
Author(s):  
Anthony Ikpeme Ankeli ◽  
Muhammad Bashar Nuhu ◽  
Naomi Ijadunola Popoola ◽  
Olurotimi Adebowale Kemiki ◽  
Sunday Okuomah Okoh ◽  
...  
Keyword(s):  
Rental Housing ◽  
Economic Downturn ◽  
Real Estate Investment ◽  
Rental Market ◽  
Review Period ◽  
The Face ◽  
Baseline Information ◽  
Pertinent Information ◽  
Rental Housing Market ◽  
Survey Approach

Abstract The study aimed at evaluating the contents of tenancy agreement entered into between lessors and lessees in Osogbo, Owode-Ede and Ede Metropolis in Osun State (Nigeria) from 2011 to 2020 in order to determine its adequacy in the face of the Post-COVID-19 pandemic in Nigeria. A questionnaire survey approach was adopted to achieve aim of the study. Findings of the study revealed steady dwindling of rental market transactions with deteriorating landlord/tenant relationship caused by disagreement on tenancy agreement related issues leading to default in rent payment, rent review period and renewal. Findings also indicated a low ebb experience in the rental market due to the economic downturn resulting from, among other factors, the lockdown policy, which impoverished Nigerians to the extent of struggling to make ends meet. The study further found that 86.3 % of the tenancy agreements were inadequate in content and execution as basic tenants’ remedial provisos were not included in most of the agreements. The study provided pertinent information that could be used as baseline information for tenancy agreement preparation, enhancing landlord (lessor) and tenant (lessee) relationship, and guiding rental real estate investment decisions in Nigeria.

Empirical analysis of residential submarket conceptualisation in Ghana

2019 ◽  
Vol 12 (4) ◽  
pp. 763-787 ◽  
Author(s):  
Emmanuel Kofi Gavu ◽  
Anthony Owusu-Ansah
Keyword(s):  
Housing Market ◽  
A Priori ◽  
Rental Housing ◽  
Alternative Methods ◽  
Market Dynamics ◽  
Content Type ◽  
Rental Market ◽  
For Profit ◽  
Nested Approach ◽  
Rental Housing Market

Purpose The purpose of this paper is to empirically test for submarket existence based on an understanding of the residential rental housing market in Ghana. Design/methodology/approach Based on extant literature and market observations, the authors provide key concepts and an overview of the residential rental market dynamics in Ghana. Reseachers appreciate that submarkets may exist in the Ghanaian rental market but have ignored the empirical testing for submarket existence due to data asymmetries. Based on real estate experts and stakeholder consultations, a priori delineation of submarkets are constructed based on spatial, structural and a nested approach. Submarket existence is tested using the Kruskal–Wallis H test and Hedonic modelling techniques. Findings By using fieldwork data from Accra rental market, the analysis provides credence to the conceptualisation of submarkets and how to empirically test for same. It is argued that researchers should use alternative methods to compare results to make far-reaching conclusions. Research limitations/implications Examining the hypothesis that differential rental values exists for submarkets has implications for policy decisions to target submarket constructs differently to improve market maturity. Practical implications The research provides stakeholder investors in the rental space an understanding of market dynamics for profit maximisation, and end-users to maximise utility in deciding where to live – and as such households could benefit from making informed investment decisions on housing. Originality/value This research is one of the first attempts to empirically identify and test for submarkets existence in Ghana’s residential rental housing market.

Investigating defiant attitudes in keeping lease agreement obligations in private rental housing market in Nigeria

2016 ◽  
Vol 34 (3) ◽  
pp. 221-246 ◽  
Author(s):  
Job Taiwo Gbadegesin ◽  
Harry van der Heijden ◽  
Peter Boelhouwer
Keyword(s):  
Housing Market ◽  
Significant Relationship ◽  
Rental Housing ◽  
Property Market ◽  
Content Type ◽  
Rental Market ◽  
Code Of Practice ◽  
Professional Body ◽  
Rental Housing Market ◽  
Lease Agreement

Purpose – The purpose of this paper is to investigate the nature and dimension of non-compliance (defiance) with lease agreement obligations in private rental housing market between managers (agents/private rental housing providers or landlords) and end-users (tenants – rental housing consumers), with a view to identifying challenges in rental housing lease administration in Nigeria emerging rental market. Design/methodology/approach – The quantitative data collected from practicing estate surveyor and valuers (statutorily registered agents), who manage private rental housing in their portfolios on behalf of owners and tenants, who occupy rental housing within Lagos state (the largest property market in Nigeria and West Africa). Using a theoretical model in the context of five lease agreement obligations, data collected were analyzed using descriptive and inferential statistics (one sample t-test, independent t-test and correlation). Findings – While economic circumstances (economic factors) are considered the major vulnerable factor that cause acts of non-compliance, defiance against “covenant not- to- sublet (subletting covenant (SC))” and “prompt rental payment covenant” are the two most non-compliance attitudes (precipitation events) observed from both actors. There is correlation among all vulnerability elements and precipitating events. While a significant relationship was only observed between “SC” and all vulnerability elements on the part of agents, there is significant relationship among all the vulnerability elements and precipitating events on the part of tenants. Also, while tenants attached higher significance to all the vulnerability factors than managers, both actors attached different level of priority to precipitating events. Lastly, equitable remedies and peaceful entry are the two most adopted intervention tools. Research limitations/implications – This paper is limited to seeking both the professional opinion of licensed/registered agents and the rental housing consumers-tenants. Practical implications – The research points to an increasing need for the stakeholders – Estate Surveyors and Valuers Registration Board of Nigeria (a Government parastatal) and the Nigerian Institutions of Estate Surveyors and Valuers (the constituted professional body), to establish and reform the code of practice in this direction with due consideration to the factors identified in this study. Effort also should be upgraded in the intervention techniques adopted in order to improve on emerging rental market. Originality/value – The paper explores an important aspect of lease administration in private rental housing market. It also provides platform on which the acts of defiance can be wiped out in the emerging rental market.

scholarly journals The barriers faced by recent immigrant women in Hamilton and Toronto's rental housing markets

2021 ◽  
Author(s):  
Ashley Gail Lawrence
Keyword(s):  
Longitudinal Study ◽  
Affordable Housing ◽  
Immigrant Women ◽  
Rental Housing ◽  
Housing Markets ◽  
Housing Situation ◽  
Recent Immigrant ◽  
Housing Corporation ◽  
Statistics Canada ◽  
Rental Housing Market

The overall purpose of this paper is to add to the existing body of literature on the housing situation and needs of recent immigrant households by placing the unique experiences of recent immigrant women at the centre of the study. It will begin with a review of the existing literature on immigration and housing, with a particular focus on the barriers facing newcomers in the rental housing market. Based on data from Statistics Canada, the Longitudinal Study of Immigrants to Canada (LSIC), studies conducted by the Canada Mortgage and Housing Corporation (CMHC) and interviews with persons with demonstrated knowledge of the barriers facing newcomer women searching for adequate, suitable and affordable housing, this paper aims to provide an overview of the difficulties that many newcomer women face in their search for and retention of housing in Hamilton and Toronto. It also includes a series of recommendations addressing some of these barriers.

scholarly journals What Explains the Differential Treatment of Renters Based on Ethnicity? New Evidence From Sydney

2016 ◽  
Vol 54 (1) ◽  
pp. 107-136 ◽  
Author(s):  
George Galster ◽  
Heather MacDonald ◽  
Jacqueline Nelson
Keyword(s):  
Civil Rights ◽  
Housing Market ◽  
Rental Housing ◽  
Crime Rates ◽  
Differential Treatment ◽  
Contextual Analysis ◽  
Market Forces ◽  
Rental Market ◽  
New Evidence ◽  
Rental Housing Market

This article conducts the first contextual analysis of ethnic-based discrimination in an Australian rental housing market: metropolitan Sydney. Logistic regression is employed to investigate how the likelihood of five behaviors by rental agents that may favor Anglo home seekers varies according to characteristics of the agent, home seeker, dwelling, and neighborhood. We find that several forms of discrimination favoring Anglos are consistently more likely in neighborhoods characterized by lower crime rates and shares of renter households, regardless of the ethnicity of the agent. Other patterns are consistent with the hypothesis that, in general in the Sydney rental market, agents regardless of ethnicity are motivated to discriminate by statistical discrimination. Our result that profit, not prejudice, drives discrimination implies that it will prove resilient to unfettered housing market forces and changes in societal ethnic tolerance, but instead, must be addressed through enhanced civil rights enforcement strategies.

scholarly journals The barriers faced by recent immigrant women in Hamilton and Toronto's rental housing markets

2021 ◽  
Author(s):  
Ashley Gail Lawrence
Keyword(s):  
Longitudinal Study ◽  
Affordable Housing ◽  
Immigrant Women ◽  
Rental Housing ◽  
Housing Markets ◽  
Housing Situation ◽  
Recent Immigrant ◽  
Housing Corporation ◽  
Statistics Canada ◽  
Rental Housing Market

The overall purpose of this paper is to add to the existing body of literature on the housing situation and needs of recent immigrant households by placing the unique experiences of recent immigrant women at the centre of the study. It will begin with a review of the existing literature on immigration and housing, with a particular focus on the barriers facing newcomers in the rental housing market. Based on data from Statistics Canada, the Longitudinal Study of Immigrants to Canada (LSIC), studies conducted by the Canada Mortgage and Housing Corporation (CMHC) and interviews with persons with demonstrated knowledge of the barriers facing newcomer women searching for adequate, suitable and affordable housing, this paper aims to provide an overview of the difficulties that many newcomer women face in their search for and retention of housing in Hamilton and Toronto. It also includes a series of recommendations addressing some of these barriers.

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