Improved Access to Employment Centers and Housing Prices

2018 ◽  
Author(s):  
Zhengyi Zhou ◽  
Hong Chen ◽  
Lu Han ◽  
Anming Zhang
1997 ◽  
Vol 29 (5) ◽  
pp. 865-886 ◽  
Author(s):  
R Cervero ◽  
K-L Wu

The San Francisco Bay Area has taken on a distinct polycentric metropolitan form, with three tiers of hierarchical employment centers encircling downtown San Francisco, the region's primary center. In this paper it is found that polycentric development is associated with differentials in suburban and urban commute trip times: commute trips made by employees of suburban centers are shorter in duration than commute trips made by their counterparts in larger and denser urban centers. Differentials were even greater, however, with respect to commuting modal splits. Lower density, outlying employment centers averaged far higher rates of drive-alone automobile commuting and insignificant levels of transit commuting. Smaller, outlying centers were also the least self-contained, with a large number averaging twenty or more times as many external as internal commutes. The effects of housing availability and prices on the residential locational choices of those working both in urban and in suburban employment centers are also investigated in this paper. Locational choices are stratified by occupational class and type of center. High housing prices in and around employment centers were found to displace workers to residences in other subregions, except in the case of professional workers in fast-growing, outlying centers. These workers were attracted to higher-priced nearby housing. In the empirical analysis, significant segmentation in housing choices among workers in fast-growing suburban centers was found. This could be partly due to selective land-use policies implemented by local governments in these areas.


2019 ◽  
Vol 16 (1) ◽  
pp. 70-81
Author(s):  
Azrul Azlan Iskandar Mirza ◽  
Asmaddy Haris ◽  
Ainulashikin Marzuki ◽  
Ummi Salwa Ahmad Bustamam ◽  
Hamdi Hakiem Mudasir ◽  
...  

The soaring housing prices in Malaysia is not a recent issue. It is a global phenomenon especially in developing and developed countries, driven by factors including land price, location, construction materials cost, demand, and speculation. This issue demands immediate attention as it affects the younger generation, most of whom could not afford to buy their own house. The government has taken many initiatives and introduced regulations to ensure that housing prices are within the affordable range. This article aims to introduce a housing price control element from the Shariah perspective, as an alternative solution for all parties involved in this issue. It adopts content analysis methodology on policy from Shariah approved sources.


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