scholarly journals FUNCTION OF PUBLIC HOUSING IN THE REGIONAL HOUSING MARKETAnalysis of deviation of public housing in the market

2015 ◽  
Vol 80 (711) ◽  
pp. 1179-1188
Author(s):  
Sakon TAJIMI
Keyword(s):  
Housing Market ◽  
Public Housing ◽  
Regional Housing Market

scholarly journals Place-Based Policies and the Housing Market

2019 ◽  
Vol 101 (3) ◽  
pp. 400-414 ◽  
Author(s):  
Hans R. A. Koster ◽  
Jos van Ommeren
Keyword(s):  
Housing Market ◽  
Public Housing ◽  
Regression Discontinuity ◽  
Housing Prices ◽  
Economic Effects ◽  
Fuzzy Regression ◽  
Regression Discontinuity Design ◽  
Fundamental Issue ◽  
Fuzzy Regression Discontinuity Design

We study the economic effects of place-based policies in the housing market, by investigating the effects of a place-based program on prices of surrounding owner-occupied properties. The program improved the quality of public housing in 83 impoverished neighborhoods throughout the Netherlands. We combine a first-difference approach with a fuzzy regression-discontinuity design to address the fundamental issue that these neighborhoods are endogenously treated. Improvements in public housing induced surrounding housing prices to increase by 3.5%. The program's external benefits are sizable and at least half of the value of investments in public housing.

Regional housing price dependency in the UK: A dynamic network approach

Urban Studies ◽  
2020 ◽  
pp. 004209802094348
Author(s):  
Dayong Zhang ◽  
Qiang Ji ◽  
Wan-Li Zhao ◽  
Nicholas J Horsewood
Keyword(s):  
Housing Market ◽  
House Prices ◽  
House Price ◽  
Housing Price ◽  
Dynamic Network ◽  
Network Approach ◽  
Market Interactions ◽  
Partial Correlations ◽  
Regional Housing Market ◽  
The Uk

The cross-regional dependency in the UK housing market is analysed using regional house price indices. In this article, a network approach based on partial correlations is proposed, along with rolling-window analysis to consider potential time-varying dependency. The results show that house prices in the outer South East region have the strongest influence on regional housing market interactions in the UK. This influence is stronger when the markets are highly interconnected, whereas the house prices in London have the strongest influence when the UK regional housing markets are relatively less connected.

Neighborhood effects of housing program using Jeonse in Korea

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sungjin Yun
Keyword(s):  
Housing Market ◽  
Public Housing ◽  
Neighborhood Effects ◽  
Negative Impact ◽  
Rental Housing ◽  
Hierarchical Linear Model ◽  
Hedonic Price ◽  
Housing Program ◽  
Content Type ◽  
Tenure System

Purpose This study aims to introduce the Youth Jeonse Rental Housing Program using the unique characteristics of the Korean housing market to explain its theoretical value in the current theoretical landscape of public housing and to identify the effect of the program on the regional housing price. Design/methodology/approach This study uses three hedonic price models on the basis of Korea’s housing market, namely, own, jeonse and rent models. Moreover, it uses the hierarchical linear model to include both house- and region-level variables. Findings Analysis shows that youth rental housing has no effect on falling prices in the region unlike long-term rental housing. Thus, the policies using regional tenure system are more effective in the social mix than existing public housing policies. Originality/value This study introduces the program using Korea’s unique tenure system called jeonse, arguing its advantages for the supplier, recipients and regional neighborhoods. Suppliers can easily provide affordable housing at a low economic and administrative cost, whereas recipients can easily mix socially, have broad housing choices and a fighting chance for a stable life. Additionally, this policy has a low negative impact on the region. Furthermore, this study theoretically presents the potential for mixed paths other than demand or supply policies. It introduces and analyzes special policy objectives for youth housing problems.

Migration Analysis as a Political Instrument The case of the Leiden and Bulb Regions in Randstad Holland

2005 ◽  
Vol 30 (3) ◽  
pp. 75-81
Author(s):  
Roland Goetgeluk ◽  
Tom de Jong
Keyword(s):  
Housing Market ◽  
Lower Order ◽  
The Political ◽  
Political Discussion ◽  
Migration Patterns ◽  
Migration Data ◽  
Regional Housing Market ◽  
Migration Analysis ◽  
Key Questions ◽  
Lack Of Knowledge

This paper explains how a relatively simple analytical spatial algorithm and a GIS visualization of inter-municipal migration patterns revitalized the negotiations for a formal merger (called Holland Rijnland) between six municipalities in the urbanized Leiden Region and ten municipalities in the adjacent rural Bulb Region, both situated in Randstad Holland. Though the regional housing market was just one of the negotiation topics, the political discussion around it almost stymied the entire merger. We discovered a lack of knowledge about three key questions: Would the new merger function as one housing market region within the broader context of Randstad Holland? Do the original two regions interact at all? Or do lower-order regions exist instead? We answered these questions with the aid of individual migration data from Statistics Netherlands and by applying a method called Intramax Clustering in the GIS Flowmap programme. We found that the intended merger is indeed a housing market region; that interaction between the two regions is limited; and that lower-order housing market regions do exist. These findings helped to restart the negotiations; since 2004 Holland Rijnland has been a fact.

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