Does Immigration Depreciate Residential Land Prices? Case of Tokyo

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Akinori Tomohara
Keyword(s):  
Total Population ◽  
Land Price ◽  
Residential Land ◽  
Negative Image ◽  
Land Prices ◽  
Land Owners ◽  
Positive Effect

Abstract This study investigates the effects of immigration on residential land prices in urban Tokyo. A rapid increase in immigrants in Tokyo raises the concern that immigration may depreciate land prices because of the negative image emerging from the perception that some immigrants might create disharmony in society. However, our analysis denies this possibility; for every 1% increase in immigrant ratio (i.e., the proportion of immigrants in the total population), the residential land prices increase by 12%. Although the literature explains that a negative immigration effect occurs when the analysis uses small geographic units, the results suggest that even a positive effect can occur under small geographic units. The implications of the current results are complicated. While the concern of immigration-induced land price depreciation is unfounded, this raises another concern—that of asset inequality between land owners and tenants.

scholarly journals Spatial Analysis to Identify Factors Affecting Residential Land Prices in Disaster Areas

2019 ◽  
Vol 2 ◽  
pp. 1-4
Author(s):  
Keiko Inagaki ◽  
Satoru Sadohara
Keyword(s):  
Spatial Analysis ◽  
Hazard Map ◽  
Land Price ◽  
Human Settlements ◽  
Residential Land ◽  
Tsunami Inundation ◽  
Factors Affecting ◽  
Price Fluctuations ◽  
Land Prices ◽  
Miyagi Prefecture

<p><strong>Abstract.</strong> On March 11, 2011, a catastrophic earthquake struck Japan’s Tohoku area, which faces the Pacific Ocean. In this study, a multivariate spatial analysis was conducted to analyse the factors affecting residential land prices in the disaster-stricken area using the Hedonic Price Method. For the analysis, we first, collected spatial data, including land price maps, tsunami damage area map, flood hazard map, landslide hazard map, railway map, zoning map, and public building map of Miyagi prefecture. Second, we examined the extent to which the damage caused by the tsunami inundation can influence land prices, in order to clarify the relationship between natural disasters and land price fluctuations. The results of the multivariate analysis concluded that the tsunami inundation affected the price of land, particularly after the Great East Japan Earthquake (2011) in Miyagi prefecture. Furthermore, the degree of the tsunami inundation and the distance from public housing constructed after the disaster influenced land price fluctuations after the earthquake. In other words, the human settlements have been affected by disaster damage and reconstruction plan. Present studies have demonstrated the residents’ attitudes towards housing location choices before and after the earthquake disaster. By improving the precision of the multiple regression analysis in the future, we will be able to utilize the experiences of previous disasters as lessons learnt for safety and sustainability, particularly Sustainable Development Goal 11: Make cities and human settlements inclusive, safe, resilient and sustainable.</p>

scholarly journals Inter-metropolitan land price characteristics and pattern in the Beijing-Tianjin-Hebei urban agglomeration, China

PLoS ONE ◽  
2021 ◽  
Vol 16 (9) ◽  
pp. e0256710
Author(s):  
Pengfei An ◽  
Can Li ◽  
Yajing Duan ◽  
Jingfeng Ge ◽  
Xiaomiao Feng
Keyword(s):  
Local Governments ◽  
Spatial Data Analysis ◽  
Spatial And Temporal Variation ◽  
Land Market ◽  
Land Price ◽  
Land Supply ◽  
Residential Land ◽  
Land Prices ◽  
Land Transaction ◽  
Market Factors

Land prices are the key problem of urban land management, with prices of residential land being the most sensitive and the strongest social reflection among the different land types. Exploring spatial and temporal variation of residential land prices and the effect of land market factors on residential land prices can help the government formulate targeted regulations and policies. This study analyzes the spatial and temporal evolution of residential land prices and the factors influencing the land market in the Beijing-Tianjin-Hebei region based on land transaction data from 2014–2017 using exploratory spatial data analysis (ESDA) and a geographically weighted regression (GWR) model. The results show the following: ① Residential land prices in Beijing and Tianjin are significantly higher than those in other regions, while Zhangjiakou, Chengde, and western mountainous areas have the lowest residential land prices. Over time, a development trend of residential land price polycentricity gradually emerged, and the locational correlation has gradually increased. ② Under the influence of the land finance model of local governments in China, three factors, namely, the land stock utilization rate, revenue from residential land transfers, and the growth of residential land transaction areas, have significantly contributed to the increase in residential land prices. ③ Under the land market supply and demand mechanism and government management, four indicators, namely, the land supply rate, the per capita residential land supply area, the degree of marketization of the residential land supply, and the frequency of residential land transactions, have suppressed the rise in residential land prices. ④ The overall effect of land market factors on residential land prices in the central and northern regions of Beijing, Tianjin and Hebei is stronger than that in the southern regions, which may be related to the more active land market and stricter macromanagement policies in Beijing, Tianjin and surrounding areas.

scholarly journals The relationship between residential development land prices and house prices

2020 ◽  
Vol ahead-of-print (0) ◽  
pp. 1-21
Author(s):  
Michael Ball ◽  
Edward Shepherd ◽  
Pete Wyatt
Keyword(s):  
House Prices ◽  
Residential Development ◽  
Land Markets ◽  
Land Price ◽  
Professional Literature ◽  
Residential Land ◽  
Land Prices ◽  
Price Increases ◽  
The Relationship ◽  
Apparent Disagreement

There exists apparent disagreement between two areas of literature regarding the relationship between house prices and land prices. In the professional literature it is argued that high house prices cause high residential development land prices. In some of the policy literature it is argued that it is land-price increases that are behind increasing house prices. We argue that this is a rather artificial dichotomy and arises from two different ways of thinking about the relationship between land and house prices. To demonstrate this we explore how housing and residential land markets work and how their price responses are interrelated.

scholarly journals Does Revitalizing the Center of Mid-Sized French Cities Reduce GHG Emissions from Commuting?

2021 ◽  
Vol 13 (4) ◽  
pp. 1851
Author(s):  
Alexis Poulhès ◽  
Angèle Brachet
Keyword(s):  
Land Use Planning ◽  
Statistical Models ◽  
Total Population ◽  
Ghg Emissions ◽  
Low Carbon ◽  
Trip Distance ◽  
Working People ◽  
Shrinking City ◽  
The Relationship ◽  
Positive Effect

Mid-sized cities are usually considered in the literature to be shrinking cities. Some policies promote right-sizing and others promote revitalization. The relationship between land-use planning and mobility having been established, the present research issue is focused on whether a policy of revitalizing the centers of mid-sized cities is favorable to low-carbon mobility. Our study investigates commuting trips through two indicators: commuting trip distance and car modal share. The increase in total population, the increase in the number of jobs per resident, the decrease in the unemployment rate, the increase in the rate of executives, the increase in the rate of working people in the population and the decrease in the residential vacancy rate all come from the censuses of 2006 and 2016. Statistical models based on individuals in 113 mid-sized cities, in which sociodemographic variables are introduced, show that at the level of agglomerations, no indicator has a simultaneously positive effect in the center and in the urban periphery. No indicator is entirely positive or negative on GHG emissions from commuting trips. While the increase in GHG emissions from commuting trips between 2006 and 2016 is significant in mid-sized cities (18%), a shift toward shrinking city centers is insufficient to change this trajectory.

Modeling fine-scale residential land price distribution: An experimental study using open data and machine learning

2021 ◽  
Vol 129 ◽  
pp. 102442
Author(s):  
Peng Zhang ◽  
Shougeng Hu ◽  
Weidong Li ◽  
Chuanrong Zhang ◽  
Shengfu Yang ◽  
...  
Keyword(s):  
Machine Learning ◽  
Experimental Study ◽  
Open Data ◽  
Fine Scale ◽  
Land Price ◽  
Residential Land ◽  
Price Distribution

Pengaruh Persepsi Keadilan terhadapKinerja Distributor PT X dengan Ketergantungan sebagai Variabel Moderating

2020 ◽  
Vol 22 (2) ◽  
pp. 268-285
Author(s):  
Icuk Hertanto ◽  
Ade Witoyo
Keyword(s):  
Distributive Justice ◽  
Procedural Justice ◽  
Organizational Justice ◽  
Total Population ◽  
Interactional Justice ◽  
Market Control ◽  
Eastern Indonesia ◽  
Positive Effect

Abstract: PT. X companies engaged in the national cement productionsector which are the market leaders in Indonesia which control the islandsof Java, Bali, Kalimantan and parts of Eastern Indonesia. The result of thisproduct tends to be a commodity product. So, to maintain market control isto maintain the level of availability of cement products. With suchchallenges, PT. X must maintain good relations with its distribution network.One important factor in maintaining good relations between suppliers andbuyers is the Perception of Organizational Justice that exists in both. Thepurpose of this study was to analyze the effect of perceptions oforganizational justice on the performance of the distributors of PT. X withdependence as moderating variable. This research is a quantitative studywith a total population of all distributors of PT. X. This study concludes thatorganizational justice has a positive effect on distributor performance, andthis influence is not moderated by dependency.Keywords: distributor performance, procedural justice, distributive justice,interactional justice, organizational justice, dependency.

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