scholarly journals Housing Resources and Needs in Light of Modern Urban Transformations: the Case of Poznan

2017 ◽  
Vol 25 (2) ◽  
pp. 72-78
Author(s):  
Sławomir Palicki
Keyword(s):  
Urban Sprawl ◽  
Urban Areas ◽  
Local Governments ◽  
Real Estate Market ◽  
Capital City ◽  
Central Cities ◽  
The Real Estate ◽  
Suburban Areas ◽  
Starting Point ◽  
Urban Transformations

Abstract Polish cities have been at the stage of a dynamic suburban development for over a decade (which has led to the phenomenon of urban sprawl beyond any control). The population of big urban areas, together with their agglomerations is continuously increasing; however, migration tendencies towards suburban areas are strong as well. In such a situation, the question arises regarding the possibilities and the methods of suppressing the outflow of people to the neighboring communities, and once again, making the city an attractive place to live. The attempt to explain such an issue requires research into both the housing infrastructure and its inhabitants. Poznan has been severely affected by suburbanization. The diagnosis and assessment of Poznan housing resources and the preferences of its inhabitants are the starting point for taking further steps in making the housing conditions more attractive. The article shows the initial results of widespread research regarding housing in the capital city of the Wielkopolska Province (comprising over 2,500 households). A similar study for the entire agglomeration (Poznan County) is due to be completed soon. It will allow for a comparative analysis and formulating recommendations regarding the conditions and the direction of changes on the real estate market which would increase the attractiveness of central cities suffering from suburbanization. In a wider context, the publication might be seen as an analysis of one of the elements of modern urban changes, such as either market driven, or free and spontaneous processes of urban sprawl, and conscious actions taken by local governments (together with developers) regarding the integrated urban revitalization policy.

scholarly journals National Land Use Policy against the Misuse of the Agricultural Land—Causes and Effects. Evidence from Poland

2019 ◽  
Vol 11 (22) ◽  
pp. 6403 ◽  
Author(s):  
Alina Źróbek-Różańska ◽  
Joanna Zielińska-Szczepkowska
Keyword(s):  
Side Effects ◽  
Urban Areas ◽  
Local Governments ◽  
Agricultural Land ◽  
Real Estate Market ◽  
The Real ◽  
The Real Estate ◽  
Real Effects ◽  
The Real Estate Market ◽  
Depth Interviews

Land suitable for agricultural production is limited and should be used in a sustainable manner and protected. Countries of the former communist bloc, where the majority of the agricultural land was dynamically privatized, are in a special situation. Land has been used there also to serve the needs of growing cities, for investment speculation and as entitlement to subsidies. Therefore, legal regulations protecting agricultural land were introduced. In the case of Poland, particular attention should be paid to the radical act of 2016, which completely stopped the sale of Treasury resources and strongly limited sales on the private market. However, the new act caused a number of side effects and various pathologies. This article examines the real effects of policy aimed at combating the misuse of agricultural land. It was assumed that most of the side effects will be observed around big cities, defined as Functional Urban Areas. The following methods were used: a survey in Polish FUAs, analysis of transactions on the real estate market in 2015–2018 and in-depth interviews with representatives of local governments and relevant institutions. The study revealed a number of pathologies, such as ways of circumventing new restrictions or searching for legal loopholes.

Tenants' Satisfaction in High Residential Building

2020 ◽  
Vol 17 (1) ◽  
pp. 41
Author(s):  
UMMU SHOLEHAH MOHD NOR
Keyword(s):  
Urban Areas ◽  
Residential Buildings ◽  
Low Cost ◽  
Residential Building ◽  
Real Estate Market ◽  
The Real Estate ◽  
Level Of Satisfaction ◽  
Considerable Impact ◽  
Residential Living ◽  
Medium Cost

High residential living in Malaysia has not been widely given a significant emphasises in literature despite its increasing scale and significance in the real estate market. The significance of high rise is mainly due the increasing rate of migration from rural to urban. It is estimated a total of 77.2 percent of the Malaysian population lived in urban areas in 2020. Approximately, 30 percent of this urban population lives in strata housing. These percentages are predicted to continue to increase in the future. The emergence of high residential building has been argued as confronting various problems which has considerable impact on this life style. Satisfaction is an important outcome of living in one’s dwelling, although it is not the only consideration. High residential building in Malaysia encountered numerous problems in term of management aspects, legislation aspects, and residents’ satisfaction. The purpose of this paper is to investigate the tenants’ satisfaction living in high residential buildings in Klang Valley. The questionnaires survey is conducted amongst 276 tenants at low cost and medium cost HRB using random sampling in HRB located at areas under jurisdiction Dewan Bandaraya Kuala Lumpur (DBKL), Majlis Bandaraya Subang Jaya (MBSJ), Majlis Bandaraya Shah Alam (MBSA), Majlis Bandaraya Subang Jaya (MBSJ), Majlis Perbandaran Selayang (MPS) and Majlis Perbandaran Ampang Jaya (MPAJ). The result from this study shows that tenant in medium cost residential building are more satisfied in term of facilities and management as compared to tenants in low cost residential building. Tenants also not disclosed to the existing act and procedure related to high residential building. In conclusion, this study suggested the Local Authority to emphasise the role of tenant. These recommendation hopefully will increase the level of satisfaction amongst the residents in HRB.

scholarly journals Conversion of Agricultural Land for Urbanization Purposes: A Case Study of the Suburbs of the Capital of Warmia and Mazury, Poland

2020 ◽  
Vol 12 (14) ◽  
pp. 2325
Author(s):  
Katarzyna Kocur-Bera ◽  
Adrian Pszenny
Keyword(s):  
Agricultural Land ◽  
Local Level ◽  
Real Estate Market ◽  
Economic Losses ◽  
Economic Factors ◽  
The Real Estate ◽  
Environmental Consequences ◽  
Suburban Areas ◽  
Ex Post ◽  
Data Resolution

Population growth, economic globalization and the launch of market economy instruments have become the main triggers for processes related to the anthropogenization of space. According to Organisation for Economic Co-operation and Development (OECD) statistics, the developed area indication tripled in the last 25 years. Humans keep appropriating more natural and semi-natural areas, which entails specific social, economic and environmental consequences. Provisions in some countries’ laws and some economic factors encourage investors to engage in urbanization. The authors of this study noticed a research gap in the analysis of suburban areas in this topic. Our research aimed to analyze the conversion of plots of land used for agricultural purposes into urbanized land in the city’s suburban zone, in areas of high landscape and natural value. We focused on the analysis of geodetic and legal divisions of plots of land and analyzed the conditions of plots of land “ex ante” and “ex post” and the changes in their values. To achieve the research objective, we used Corine Land Cover (CLC) data for various time intervals, orthophotomaps (using the Web Map Service browsing service compliant with Open Geospatial Consortium standards), cadastral data, administrative decisions, data from the real estate market, spatial analyses and statistical modeling (linear, non-linear and stepwise regression). In general, the CLC data resolution enables analysis at regional or national levels. We used them innovatively at the local level because CLC data allowed us to notice the development of the area over time. Detailed research confirmed that, in the studied area, the conversion of agricultural land into developed areas results from economic factors. The division procedure increases the plot value by about 10%. However, the effects of uncontrolled urbanization, which we are currently dealing with, generate long term social and economic losses, difficulties in the labour market and may become a barrier to development.

scholarly journals The Origin of Property Buyers in Poznań and its Suburbs

2014 ◽  
Vol 22 (2) ◽  
pp. 5-12
Author(s):  
Justyna Tanaś
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
Single Family ◽  
The Real ◽  
The Real Estate ◽  
Suburban Areas ◽  
The Real Estate Market ◽  
Family Housing ◽  
Big Cities ◽  
The City

Abstract The market for land for single-family housing is one of the most important segments of the real estate market. Over the last several years, we have witnessed the development of this market in the suburban areas of large agglomerations. This is connected with the intensified migration of people from the centers of big cities, and with the development of housing in suburban zones. The aim of this paper is to present the structure of the territorial origin of buyers purchasing plots designated for single-family housing in Poznań and its suburbs (with division into buyers derived from the city of Poznań, from the Poznań poviat (district), the Wielkopolska voivodeship (province), the rest of the country, and from abroad). The analysis covers the years 1995-2010.

The Effect of Ethnic and Socio-Economic Factors on Expenditures for Community Services

1976 ◽  
Vol 8 (2) ◽  
pp. 89-94
Author(s):  
Dilip Pendse
Keyword(s):  
Rural Areas ◽  
Local Governments ◽  
Black Population ◽  
Community Services ◽  
Central Cities ◽  
Community Attitudes ◽  
Suburban Areas ◽  
Bond Issues ◽  
Low Incomes ◽  
High Crime

The ethnic balance in several major cities has changed in recent years. Black population of the central cities has increased because of migration to cities from rural areas. At the same time, the white population of suburban areas has increased because many whites have left the central cities for suburban metropolitan areas. More blacks than whites, in general, suffer from underemployment, low incomes, high crime rates, substandard housing and poor health and sanitation conditions. These factors tend to influence the kinds and amount of community services local governments provide or deny to their constituents.Studies done by such political sociologists as Clark, Lineberry and Fowler, Hirsch, Sanders, and Wilson and Banfield suggest that community attitudes on bond issues, local taxes or local government spending are influenced by the community's ethnic ties.

scholarly journals Urban Vibrancy: An Emerging Factor that Spatially Influences the Real Estate Market

2020 ◽  
Vol 12 (1) ◽  
pp. 346 ◽  
Author(s):  
Alice Barreca ◽  
Rocco Curto ◽  
Diana Rolando
Keyword(s):  
Real Estate ◽  
Urban Areas ◽  
Housing Prices ◽  
Real Estate Market ◽  
Current Status ◽  
The Real ◽  
The Real Estate ◽  
Activity Intensity ◽  
The Real Estate Market ◽  
Spatial Autoregressive

Urban vibrancy is defined and measured differently in the literature. Originally, it was described as the number of people in and around streets or neighborhoods. Now, it is commonly associated with activity intensity, the diversity of land-use configurations, and the accessibility of a place. The aim of this paper is to study urban vibrancy, its relationship with neighborhood services, and the real estate market. Firstly, it is used a set of neighborhood service variables, and a Principal Component Analysis is performed in order to create a Neighborhood Services Index (NeSI) that is able to identify the most and least vibrant urban areas of a city. Secondly, the influence of urban vibrancy on the listing prices of existing housing is analyzed by performing spatial analyses. To achieve this, the presence of spatial autocorrelation is investigated and spatial clusters are identified. Therefore, spatial autoregressive models are applied to manage spatial effects and to identify the variables that significantly influence the process of housing price determination. The results confirm that housing prices are spatially autocorrelated and highlight that housing prices and NeSI are statistically associated with each other. The identification of the urban areas characterized by different levels of vibrancy and housing prices can effectively support the revision of the urban development plan and its regulatory act, as well as strategic urban policies and actions. Such data analyses support a deep knowledge of the current status quo, which is necessary to drive important changes to develop more efficient, sustainable, and competitive cities.

Analysis of Land Markets Intended for Single-Family Housing for Different Suburban Areas

2017 ◽  
Author(s):  
Anna Przewiezlikowska
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
Single Family ◽  
Real Property ◽  
Real Estate Markets ◽  
The Real ◽  
The Real Estate ◽  
Suburban Areas ◽  
Family Housing ◽  
Comparative Description

The aim of this article is the comparative description of two real estate markets based on the procedures for real property valuation. The study concerned only the land, which was undeveloped, intended for single-family housing in two communes located in the district of Krakow and three communes from the district of Kielce. The analyses were performed at four-year intervals and the comparison of the real estate markets was conducted. The first part contains the description of the areas covered by the research studies and the analyses of the real estate market and market trends. The next stage includes the descriptions of the two test real properties which are the subject of valuation and the fundamental comparative criterion. Then, the algorithms and methods of the calculations are presented. The practical part contains the description of individual markets, the implementation of the analyses and calculations, the comparison of the study areas and conclusions. The comparative analysis of the performed simulations of valuations was carried out first and then followed by a collective summary of descriptive statistics of all the real estate bases and the comparative description of the structures of the databases showing meaningful differences between Krakow and Kielce region.

scholarly journals Sustainable Value of Investment in Real Estate: Real Options Approach

2018 ◽  
Vol 10 (12) ◽  
pp. 4665 ◽  
Author(s):  
Marek Durica ◽  
Danuse Guttenova ◽  
Ludovit Pinda ◽  
Lucia Svabova
Keyword(s):  
Real Estate ◽  
Real Option ◽  
Investment Project ◽  
Real Estate Market ◽  
Capital City ◽  
Present Value ◽  
The Real ◽  
The Real Estate ◽  
Specific Investment ◽  
The Real Estate Market

The issue of application of real option valuation approach in the valuation of investment project is presented in the article in a way in which the flexibility of the project could be included in the process of its valuation. The authors apply the valuation approach in case of a specific investment project in the real estate in the capital city of the Czech Republic—Prague, using the option to expand, to contract, and to abandon the project. The main aim of this case study is to present a practical application of the investment valuation and to construct an option pricing model for real estate investment which considers and integrates as many aspects of the investment and market environment as possible to describe the best situation of the real estate market and its development. The valuation of the investment is carried out using a universally applicable numerical method of binomial trees. The results obtained are subjected to the sensitivity analysis with respect to the discount rate, value of the most influential parameter of the volatility and the input option parameters. The results of the valuation of the project obtained using the real option approach are important mainly for the management of the company in the process of quantification of the present value of future investments. Implementation of managerial interventions enables for optimizing the value of the project not only in case of favourable development of the real estate market, but particularly in case of unfavourable development. Therefore, they are important in order to protect an investor from potential high losses. Finally, the valuation of these interventions increases the present value of the project, contributing to the decision of the corporate management regarding its implementation.

Mobiler Immobilienmarkt? Finanzmarkt und Immobilienökonomie

2004 ◽  
Vol 48 (1) ◽  
Author(s):  
Susanne Heeg
Keyword(s):  
Real Estate ◽  
Financial Market ◽  
Real Estate Market ◽  
Real Estate Industry ◽  
Fundamental Change ◽  
The Real ◽  
The Real Estate ◽  
Financial Deregulation ◽  
Starting Point ◽  
The Real Estate Market

Mobilization of the real estate market? Financial market and real estate economy. Since the late 1980s the real estate industry in Germany is transforming from a locally embedded industry towards an internationally oriented one. In this article it is asked how this fundamental change was possible and how the internationalisation is taking place and is coordinated. A starting point of the internationalisation is the deregulation of the national financial system which resulted in a mobilisation and professionalisation of real estate agents. After describing the changes in the politicoinstitutional embedding of the real estate market, the restructuring of networks and its effects upon spatio-economic patterns is analysed. By dividing the real estate market in an user, land, developer and investment market it is possible to show different degrees of internationalisation in the markets and the interdependency of the different market agents upon each other. It is claimed that the financial deregulation is a central motor in transforming the spatial orientation of the agents.

scholarly journals Towards an Even More Spatially Diversified City? New Metropolitan Population Trends in the Post-Economic Crisis Period

Urban Science ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 41
Author(s):  
Fernando Gil-Alonso ◽  
Cristina López-Villanueva ◽  
Jordi Bayona-i-Carrasco ◽  
Isabel Pujadas
Keyword(s):  
Spatial Distribution ◽  
Population Growth ◽  
Economic Crisis ◽  
Urban Areas ◽  
Positive Impact ◽  
Real Estate Market ◽  
Mobility Patterns ◽  
Crisis Period ◽  
The Real Estate ◽  
Demographic Heterogeneity

After the deep economic crisis that began in 2008, in 2014, Spain started to show signs of recovery, entering the so-called “post-crisis” period. Though it has not yet reached the entire population, economic improvement has had a positive impact on the real estate market, economic activity, and employment. Residential mobility has also increased, but flows have become more unstable and complex. The direction of these flows, the reasons for moving, and the ages and socioeconomic categories of migrants have diversified. These complex “new mobility” patterns are reconfiguring the spatial distribution of the population in Spanish urban areas. On the basis of Continuous Register (Padrón Continuo) microdata, this paper primarily aims to study population changes in the 69 Spanish functional urban areas (FUAs) defined by the National Institute of Statistics (INE)/Eurostat, focusing on their population growth or decline in their centers and peripheries during the crisis (2011–2015) and post-crisis (2015–2019) phases. Then, the paper analyzes the five major Spanish metropolises (Madrid, Barcelona, Valencia, Seville, and Bilbao) in greater depth. The findings confirm the hypothesis that, during the post-crisis period, the population growth of cores and rings and thus the spatial distribution of urban inhabitants have been changing, resulting in the growing demographic heterogeneity of Spanish urban areas that are diversifying both internally and compared to each other.

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