scholarly journals Housing Tenure Preferences among Students from Two Polish Universities

2021 ◽  
Vol 29 (2) ◽  
pp. 71-83
Author(s):  
Michał Rubaszek ◽  
Justyna Rubaszek
Keyword(s):  
Rental Housing ◽  
Housing Tenure ◽  
Rental Market ◽  
Financial Factors ◽  
Economic Reasoning ◽  
Housing Needs

Abstract The housing rental market in Poland is underdeveloped and tilted towards temporary tenants, usually students and immigrants. To explore the flaws in the functioning of this market, we conduct a survey among 315 students from two Polish universities. We find that renting is not only perceived as a more expensive form of satisfying housing needs, but decreases satisfaction from utilizing the occupied house due to non-financial factors. Moreover, the perception of the relative advantages of owning versus renting is, to some extent, affected by flawed economic reasoning. Building on the above results, we discuss what policies could increase the demand for residential rental housing.

scholarly journals International Real Estate Review

2013 ◽  
Vol 16 (1) ◽  
pp. 119-133
Author(s):  
Pnina O. Plaut1 ◽  
◽  
Steven E. Plaut ◽  
Keyword(s):  
Human Capital ◽  
Real Estate ◽  
Ethnic Minorities ◽  
Rental Housing ◽  
Residential Property ◽  
Rental Market ◽  
New Immigrants ◽  
The Us ◽  
Rental Property ◽  
Financial Portfolio

The supply of rental housing is by and large provided by landlord households. Little is understood about the factors, beyond financial portfolio considerations, that affect the inclination of people or households to become landlords. Studies of the American rental market have pointed to differences across income, wealth, ethnicity, and education in the willingness to rent out residential property to others. Here, we examine the question for Israel. We find that income and wealth are positively associated with the inclination to be a landlord. Education has an effect in Israel in contrast to the US (and Australia). Human capital in Israel appears to complement with rental property capital, unlike the case for the US and Australia, where they appear to be substitutes. In most cases, rental property in Israel and housing capital in the landlord's primary residence appear to be complementary. Ethnic minorities and new immigrants are under-represented among landlords. For households who own rental property, the income from such rentals is empirically analyzed.

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.

Housing Tenure and Social Vulnerability to Disasters: A Review of the Evidence

2018 ◽  
Vol 34 (2) ◽  
pp. 156-170 ◽  
Author(s):  
Jee Young Lee ◽  
Shannon Van Zandt
Keyword(s):  
Social Vulnerability ◽  
Housing Tenure ◽  
Housing Policies ◽  
Policy Makers ◽  
Housing Needs ◽  
Policies And Programs

As a group, renters experience a broader range of housing problems than do owners, and disasters worsen these problems. Yet to date, housing tenure has been relatively understudied compared to other vulnerability characteristics. This review addresses the differences in housing needs faced by renters and owners during and after a disaster. It examines variation between renters and owners, recent studies of a disaster’s impacts on each group by disaster phase, and disaster-related housing policies and programs. This research explores significant questions related to the housing needs of renters in times of disaster, yielding important insights for policy makers and local planners.

Racial and Ethnic Biases in Rental Housing: An Audit Study of Online Apartment Listings

2011 ◽  
Vol 10 (4) ◽  
pp. 351-372 ◽  
Author(s):  
Bernie Hogan ◽  
Brent Berry
Keyword(s):  
Rental Housing ◽  
Housing Discrimination ◽  
Rental Market ◽  
Visible Minorities ◽  
Asian Men ◽  
Ethnic Biases ◽  
Rental Markets ◽  
The City ◽  
Us Cities ◽  
Racial Ethnic

As rental markets move online, techniques to assess racial/ethnic rental housing discrimination should keep pace. We demonstrate an audit method for assessing discrimination in Toronto's online rental market. As a multicultural city with less segregation and more diverse visible minorities than most US cities, Toronto lends itself to multiname audit studies. We sent 5,620 fictitious email inquiries to landlords offering apartments on Craigslist, a popular Internet classifieds service. Each landlord received one inquiry each from five racialized groups—Caucasian, Black, E/SE Asian, Muslim/Arabic, and Jewish. In our experiments, “opportunity denying” discrimination (exclusion through nonresponse) was 10 times as common as “opportunity diminishing” discrimination (e.g., additional rental conditions). We estimate Muslim/Arabic–racialized men face the greatest resistance, with discrimination occurring in 12 percent of experiments. The level of discrimination is modest but significant for Asian men (7 percent), Blacks (5 percent), and Muslim/Arabic women (5 percent). Discrimination was evenly spread throughout the city.

scholarly journals The COVID-19 Pandemic and the Rental Market: Evidence From Craigslist

2021 ◽  
pp. 000276422110031
Author(s):  
John Kuk ◽  
Ariela Schachter ◽  
Jacob William Faber ◽  
Max Besbris
Keyword(s):  
Rental Housing ◽  
Past Research ◽  
The United States ◽  
Data Set ◽  
Rental Market ◽  
Environmental Disasters ◽  
Local Spread ◽  
White Neighborhoods ◽  
Long Term Trends

Past research has demonstrated the racially and spatially uneven impacts of economic shocks and environmental disasters on various markets. In this article, we examine if and how the first few months of the COVID-19 pandemic affected the market for rental housing in the 49 largest metropolitan areas in the United States. Using a unique data set of new rental listings gathered from Craigslist and localized measures of the pandemic’s severity we find that, from mid-March to early June, local spread of COVID-19 is followed by reduced median and mean rent. However, this trend is driven by dropping rents for listings in Black, Latino, and diverse neighborhoods. Listings in majority White neighborhoods experience rent increases during this time. Our analyses make multiple contributions. First, we add to the burgeoning literature examining the rental market as a key site of perpetuating sociospatial inequality. Second, we demonstrate the utility of data gathered online for analyzing housing. And third, by reflecting on research that shows how past crises have increased sociospatial inequality and up-to-date work showing the racially and spatially unequal effects of the COVID-19 pandemic, we discuss some possible mechanisms by which the pandemic may be affecting the market for rental housing as well as implications for long-term trends.

scholarly journals Stimulating the rental market : federal and provincial housing policy from 1935-2019

2021 ◽  
Author(s):  
Tessa Chapman
Keyword(s):  
Housing Policy ◽  
Average Rate ◽  
Supply And Demand ◽  
Rental Housing ◽  
Time Frame ◽  
Vacancy Rate ◽  
Rental Market ◽  
Vacancy Rates

[Para. 1 of Introduction] The Canadian Rental Housing Index outlines that in 2018, Ontario’s rental market is as unhealthy as it has ever been (Canadian Rental Housing Index, n.d.). This is due to the fact that the supply of rental housing has not kept up with the growing demand for this tenure type. From 2011-2016, the average rate of renter formation1 was approximately 34,000 renter households per year (Urbanation, 2019). During this same period approximately 5,000 purpose-built rental units were completed CMHC, 2018). This misalignment between the supply and demand of rental housing has resulted in extremely low vacancy rates. In 2017, the vacancy rate in Ontario hit 1.6%, the lowest it has been since 2000 (CMHC, 2017). It is important to recognize that the roots of this problem in Ontario reach back further than the last ten years, but the problems have become increasingly acute during this time frame.

scholarly journals Kohtuuhintaisen asumisen hajanainen kokonaisuus

2020 ◽  
Vol 58 (1) ◽  
pp. 10-32
Author(s):  
Elina Sutela ◽  
Sampo Ruoppila ◽  
Jarkko Rasinkangas ◽  
Jutta Juvenius
Keyword(s):  
Housing Policy ◽  
Consumer Choice ◽  
Rental Housing ◽  
Housing Affordability ◽  
Housing Tenure ◽  
Practical Implementation ◽  
Theoretical Approaches ◽  
Housing Costs ◽  
Policy Objectives ◽  
Housing Standards

The article analyses how housing affordability is defined in Finnish housing policy. The data consists of laws, policy documents and expert interviews. Three theoretical approaches are identified: normative definitions, consumer choice and definition by housing tenure. Normative definitions that consider affordability as an intersection of household income, housing costs and housing standards are acknowledged, but not treated as policy objectives. Nevertheless, housing allowances are a practical implementation of this approach. The main aim of housing policy – increasing housing supply to support a balanced market – implies that the housing question is to be solved primarily by the market and, consequently, affordability is defined by consumer choice. Social rental housing is often explicitly referred to as “affordable”. However, limiting the question to one tenure is problematic. The article recommends adopting a normative definition as well as better coordination of housing policy, which is now divided between different ministries.

scholarly journals Getting to 8,000 : building a healthier rental market for the Toronto Area

2021 ◽  
Author(s):  
Andrew Cohrs ◽  
Michelle German ◽  
Graham Haines
Keyword(s):  
Rental Housing ◽  
Land Values ◽  
Policy Recommendations ◽  
Housing Supply ◽  
Rental Market

This report finds that a combination of high land values, investor demand for condos, and unequal development financing have resulted in developers favouring condominium construction over purpose-built rental units. It makes several policy recommendations to improve rental housing supply in the Toronto Area.

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