The effect of school quality on housing prices: evidence from Moscow

2020 ◽  
Vol 2020 (6) ◽  
pp. 147-175
Author(s):  
Ianina Roshchina ◽  
Tatyana Vashchenko

This paper considers various factors affecting housing prices in Moscow with special attention to societal conditions — particularly the quality of education provided by schools within the neighborhood. Today in Russia, children are enrolled in elementary school on the principle of territorial priority, which means that children living within the area of a given school are entitled to be enrolled there. Do parents take into consideration the quality of school education when purchasing a property? Are they prepared to pay extra for an access to better education? Does this extra amount depend on housing prices? These are the main questions of this study. To answer them, the paper analyses the best affordable school rating’s impact on accommodation prices. Not only parents, but also the real estate market would be interested in the results. Moreover, this research contributes to the understanding of migration patterns within the city. It helps determine the factors affecting someone’s choice of property. The findings will provide a more accurate assessment of decision-making in urban planning and education.

2022 ◽  
Vol 132 ◽  
pp. 01024
Author(s):  
Petr Junga ◽  
Radka Smolinská ◽  
Tomáš Krulický ◽  
Veronika Machová

The aim of the paper is an application of the basic principles in determining rental housing prices and factors that may affect them. In the experimental part, an analysis of rental housing in the city of Brno is performed for the 2020 – 2021 period affected by the covid-19 pandemic. The analysis is processed for individual city districts and divided according to apartment layout. Finally, all outputs are compared and the real estate market development is determined with a focus on the biggest changes and their occurrence.


2018 ◽  
Vol 10 (9) ◽  
pp. 145
Author(s):  
Qing Gao ◽  
Tianxiao Zhao

In recent years, housing prices in major cities in China have generally maintained an upward trend, and housing prices have remained high for a long time. China’s economic growth has its own particularity in the world, and the real estate market as a major support point for the economy, its future development is crucial to the economy. Taking Guangzhou as an example, this paper uses text mining method to extract media influence from media texts, and constructs the buyer confidence index, and uses it as a proxy variable for buyers’ mental expectations. This article finally obtained a total of 115,139 articles on the housing market, forming an article pool for text mining. In the study and analysis of the explanatory effect of the home buyer confidence index on housing prices, this paper uses multiple linear regression to analyze the main factors affecting housing prices, and concludes that buyers’ sentiment is significantly positively correlated with house prices.


Author(s):  
V. Zapototska ◽  
O. Levytska ◽  
I. Horyn

In this article we consider the theoretical and applied principles of formation of the cost of residential areas of Lviv. Some factors of supply were evaluated such as: availability of housing, the exploitaition of housing, foreign direct investments, the amount of construction works. The assessment of activity indicators of the real estate market in the regions was done. Maximum of residential real estate of the secondary market of Lviv, which were on sale in 2015, was observed in FrankIvskiy region (20.0% of all objects), because it has a high degree of intensity of functioning of the real estate market in this segment. However, in Sykhivskiy region the development of secondary real estate is retarded, despite of the significant amounts of housing. An analysis of the price indices of housing in the city allowed to the authors to identify five areas of pricing, to analyze property values of the areas of the city and to outline the reasons of differentiation. The first – Central area – includes Galitskiy array. The second – middle zone – consists of Zaliznichniy, Frankivskiy, Shevchenkivskiy and Lychakivskyi arrays and Lychakiv, Pogulyanka and the New Lviv. The third – peripheral urban area – covers Levandivka, Sriblyastiy, Veliki Kravchitsi, Znesinnia, Mayorivka, Kozelnyky, Sihiv and Sykhivskiy array Bodnarivka, Kulparkiv, Zamarstyniv and Zboyischa. The fourth – peripheral area – includes Syhnivka and Ryasne. The fifth – neighborhood peripheral zone– applies to the Lysynachi and Ryasne-2. The authors managed to create a map of the potential fields in a cost of residential development in the city. The amount of new buildings in the city’s area also was analyzed in the work. According to the forecast which was made by using analytical methods of smoothing and leveling till May 2017, prices in secondary market of all areas of Lviv will gradually decrease in average house. Naturally, the highest values in prices will occur in the central and middle areas. The reason is that the investigated territory is the historical center of the city, which has a high level of service industry. This part of city has the highest level of industrial production and sales of industrial products. It also constantly focuses on development of trade and providing the local population with qualitative goods and services. Housing prices will be the lowest in peripheral approximate, peripheral and remote peripheral areas of Lviv, which are the youngest and the most isolated among other areas of the city. There are also green areas in Lviv which are characterized by insufficient availability of social facilities. The main problem here is transport infrastructure. It needs development and improvement because the locals daily faced with serious problems both during arrival at work or school and when they return home. In the work also were conducted the calculations of tightness connection (correlation) parameters of the commissioning of housing, retail turnover volume of enterprises of direct investment, the quantity of people and the average nominal wage by an average of one full-time employee. The result of the reseach is a tight connection between the commissioning of housing and retail turnover of enterprises and average nominal wages on average one staff member. It has a linear character and it’s positive. However, direct investments and quantity of population in general are not related to the investigation process.


Spatium ◽  
2021 ◽  
pp. 59-66
Author(s):  
Maja Hristov ◽  
Natasa Danilovic-Hristic ◽  
Nebojsa Stefanovic

The unrestrained and constant inflow of tourists to some cities can provoke the discomfort of residents. The term ?overtourism? describes a condition in which the limits are exceeded to the point that regular everyday urban life suffers. The quantity of visitors and resulting crowds create burdens on the functioning of some city services, and they simultaneously result in a deterioration in the quality of sightseeing. This paper gives a review of the academic literature concerning this issue, especially studies concentrating on cruising and alternative short-term renting. Major complaints raised by locals on the negative impact of tourism are not only about overcrowding, but also include the serious social and economic questions of the endangerment of rights. In order to regulate and mitigate conflicts, preserve identity and allow decent urban life in all its aspects, city governments are forced to introduce some limitations and rules in the sphere of tourism, and also with regard to the real-estate market and urban planning. The level of measures and policies required depend on the type of problem, size of the city and dispersion of the attractions.


2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Mihai Stelian Rusu

AbstractAs toponymic means of inscribing urban space, street names have been addressed mainly by human geographers, who have articulated the field of critical place-name studies. In this paper, I continue the endeavor started in the previous issue published in Social Change Review of reading street names through sociological lenses. Whereas in the first part of this two-part contribution the analysis was made from functionalist and conflictualist perspectives, this second and final part employs social constructionism and the utilitarian theoretical tradition in making sociological sense of street nomenclatures. First, conceiving of street names as forming discursively constructed linguistic landscapes, the paper shows how urban namescapes – the “city-text” – are written, erased, and rewritten to reflect the shifting political powers. Second, the paper examines the neoliberal processes of place branding and toponymic commodification by which street names are turned into sought-after urban commodities with transactional value on the real estate market. The paper concludes by inviting sociologists to join the conversation on street names, which should become an important topic of sociological reflection.


Author(s):  
Monika Siejka

One of the main tasks of real estate management in the area of the municipality is making decisions concerning the location of investments on a local scale. These decisions should be taken with the principle of sustainable development. For such an action obliges Poland's membership in the European Union. Poland as a member of the EU is obliged to implement the rules in force in the Member States. Bearing in mind that any investment impact directly or indirectly on the economic development of the municipality, is therefore a significant impact on the local real estate market. Investments that have a negative impact on the environment can contribute to a reduction in the activity of the local real estate market. While performing tasks related to the economic development of the region and the increase in quality of life, increases the activity of the local real estate market. The work was carried out research on the dynamics of changes in the local real estate market in the area of the municipality Skrzyszow in the Malopolska province in Poland, in connection with the construction of the reservoir.


2001 ◽  
Vol 3 ◽  
Author(s):  
Rosa MOURA

O processo de construção e aprovação do novo conjunto de leis relativas ao zoneamento de uso e ocupação do solo em Curitiba oferece elementos para uma análise dos conflitos de interesses que regem a constituição de um arcabouço legal e da luta simbólica que traduz na elaboração de um discurso que não se realiza nos termos da lei, mas que se cristaliza no imaginário dos citadinos. Tentando analisar esse processo e identificar dispositivos passíveis de serem generalizados como eficazes no controle de ocupação e uso do solo de outras cidades-modelo, na busca do protagonismo nos movimentos de inserção na reestruturação econômica internacional, este texto examina e sumariza observações quanto: ao apoio da lei no reforço à modelização urbana de Curitiba; à ausência de mecanismos e instrumentos que contemplem suas relações com o espaço metropolitano; aos efeitos socioambientais decorrentes da aplicação da lei; às questões referentes à constitucionalidade e à observação de princípios democráticos; às disposições referentes à ampliação da atratividade ao capital internacional; a sua abertura à participação da sociedade civil e à legitimidade de seus resultados. Urban land use regulation: discussion about the Curitiba’s case Abstract In 1999, a new land use law was approved in Curitiba. Its construction and approval process offers elements to discuss the meaning of a legal frame in the reinforcement of a hegemonic power around a metropolitan space, and the creation of conditions to attract the international capital, mainly from the real estate market. Trying to analyse this process, identifying elements possible to be generalised in the land use regulation of protagonists’ cities, this study examines and summarises observations on the topics: law for highlight the city-model; the lack of metropolitan instruments; conflicts between Instruments and particular interests; urban and social effects; constitutionality and observation of democratic principles. Finalising, the study intends to discuss that the dispositions included in the law and its illegitimate participation procedures have resulted in a refusing among society segments.


2012 ◽  
Vol 11 (1) ◽  
pp. 61-72 ◽  
Author(s):  
Mirosław Bełej ◽  
Sławomir Kulesza

Abstract The paper deals with the description of the issues related to the dynamics of the real estate market in terms of sharp, unexpected changes in the housing prices which have been observed in the last decade in many European countries due to some macroeconomic circumstances. When such perturbations appear, the real estate market is said to be structurally unstable, since even a small variation in the control parameters might result in a large, structural change in the state of the whole system. The essential problem addressed in the paper is the need to define and discriminate between the intervals of stable and unstable real estate market development with special attention paid to the latter. The research aims at modeling hardly explored field of discontinuous changes in the real estate market in order to reveal the bifurcation edge. Assuming that the periods of sudden price changes reflect an intrinsic property of the real estate market, it is shown that the evolution path draws for most of the time a smooth curve onto the stability area of the equilibrium surface, and only briefly penetrates into the instability area to hop to another equilibrium state.


2013 ◽  
Vol 448-453 ◽  
pp. 4075-4078
Author(s):  
Jin Zhang

The economic phenomenon of high urban housing prices in our country reflects asymmetry of rights and interests among government, real estate developers and buyers in essence, and behind this economic phenomenon imbedded financial crisis as well as political and social crisis. Regarding academic thought on the causes of high housing prices in the real estate market such as the theories of supply anddemand, cost, the system, and power imbalance between interest groups, this thesis proceeds institutional analysis, from the perspective of institutional economics, discusses the institutional causes of the persistent existence of four factors theories in the angle of vacancy of civil rights in the supply process of institution and rules, and puts forward policy suggestions of increasing effective supplies of institution in the system level.


Sign in / Sign up

Export Citation Format

Share Document