Asymmetric information and list-price reductions in the housing market

NARCIS (Netherlands)

de Wit, E.; van der Klaauw, B.

2013-01-01

In housing markets with asymmetric information list prices may signal unobserved properties of the house or the seller. Asymmetric information is the starting point for many models for the housing market. In this paper, we estimate the causal effect of list-price reductions on the time houses remain

EFFECTIVENESS OF CAPITAL MARKET DERIVATIVES IN HOUSING DELIVERY OF NIGERIA EMERGING MARKET

Directory of Open Access Journals (Sweden)

Bernard Adjekophori

2016-07-01

Full Text Available The capital market is unarguably the most robust institution in any economy notable for mobilizing the necessary fund for financing long-term productive project. It controls relatively large amounts of capital and represent the largest institutional providing long-term credits for capital project like real estate that requires huge capital outlay. This study therefore, attempts an investigation into the effectiveness of capital market derivatives in housing delivery in Lagos. An empirical survey research was conducted in Lagos, using a random sampling technique with a structured questionnaire to collect data from 147 respondents comprising 89 stockbrokers and 58 real estate developers in Lagos mega-city. Data collected were analyzed with SPSS using descriptive and inferential statistics. The result revealed that 56.7% of the observed variations in housing delivery (R2= 0.567; p< 0.05 is explained by capital market derivatives, which suggests that, proper utilization of capital market derivatives will enhance and improve housing delivery in Nigeria. However, this is not been adequately used by developers of real estate projects in the study. Thus, the study recommends amongst other remedial steps that a synergetic effort should be created between the capital market and real estate developers which will enhance effective housing delivery, the development of people and the Nation.

The relevance of the housing market for the banks’ risk profile in Albania

Directory of Open Access Journals (Sweden)

Erjona REBI

2016-06-01

Full Text Available The housing market is an important sector for Albanian banks. Housing market financing dominates retail loans, and at the same time, houses represent a high share of the pledged collateral. This study aims to evaluate the role that the housing market plays in the Albanian banks’ risk-taking profile. The empirical work confirms the statistically significant difference in the risk profile between real estate and non-real estate banks. The dynamics of the housing market influences both types of banks, but the real estate banks are more sensitive to the housing market conditions. The negative relationship between the housing market developments with specialization of banks in real estate market reflects the high informality of the housing market and handicaps such as governmental interference, institutional shortcomings and flawed enforcement of property rights.

Optimal Life Cycle Portfolio Choice with Housing Market Cycles

DEFF Research Database (Denmark)

Fischer, Marcel; Stamos, Michael Z.

2013-01-01

income, and pre-existing housing wealth but also the state of the housing market significantly affect household decisions. Consistently with the data, the model predicts that in good states of housing market cycles (1) homeownership rates increase, (2) households buying homes invest a larger share......In recent decades U.S. households have experienced residential house prices moving persistently, that is, returns being positively serially correlated. We set up a realistically calibrated life cycle model with slow-moving time variation in expected housing returns, showing that not only age, labor...

Housing, Urban Renewal and Socio-Spatial Integration. A Study on Rehabilitating the Former Socialistic Public Housing Areas in Beijing

Directory of Open Access Journals (Sweden)

Xiaoxi Hui

2017-11-01

Full Text Available The initiative of this study derived from my concern of two critical urban issues in China today: housing and urban renewal. In the recent two decades, the Chinese urban housing stock underwent a significant, if not extreme, transformation. From 1949 to 1998, the urban housing stock in China largely depended on the public sector, and a large amount of public housing areas were developed under the socialistic public housing system in Beijing and other Chinese cities. Yet in 1998, a radical housing reform stopped this housing system. Thus, most of the public housing stock was privatized and the urban housing provision was conferred to the market. The radical housing privatization and marketization did not really resolve but intensified the housing problem. Along with the high-speed urbanization, the alienated, capitalized and speculative housing stock caused a series of social and spatial problems. The Chinese government therefore attempted to reestablish the social housing system in 2007. However, the unbalanced structure of the Chinese urban housing stock has not been considerably optimized and the housing problem is still one of the most critical challenges in China. Based on the background of privatization, the former socialistic public housing areas in Beijing confront the ambiguity of their housing stock and the confusion of housing management. While they still accommodate the majority of urban residents and are identified by their good places, (social and programmatic mixed communities, vibrant local life, and diversified housing types, they are facing the serious challenges of physical deterioration and social decline. Therefore, urban renewal was thought as an effective solution seeking to improve the living conditions in those neighborhoods. Nevertheless, urban renewal in itself is also a controversial issue. In order to solve the housing problem, the large-scale urban renewal in Beijing started at the beginning of the 1990s. The radical

Student Housing a Resilient Housing Rental Market: Case of Federal Polytechnic Neighbourhood Bauchi, Nigeria

Directory of Open Access Journals (Sweden)

Zubairu Abubakar Ghani

2018-03-01

Full Text Available In the last three decades globally higher institutions (HIs have been experiencing an unprecedented upsurge in student population and student enrolment in His generally outstrip the HIs student housing. In many countries of the world like Nigeria, HIs are obviously incapacitated in accommodating the growing student population which compelled numerous students to overflow into their HIs’ neighbourhood seeking for alternative housing accommodation in the private housing rental market. Indeed the scenario of HIs student's housing shortfalls and increasing students housing demand evolved the interest of many people in a student housing rental market. This is because it has been uncovered that business in student housing rental is lucrative and guaranteeing business that ensured profit for a long term. This paper, therefore, explores the nature and landscape of student housing rental in Nigeria where the business is immature then drawn the conclusion.

Housing price prediction: parametric versus semi-parametric spatial hedonic models

Science.gov (United States)

Montero, José-María; Mínguez, Román; Fernández-Avilés, Gema

2018-01-01

House price prediction is a hot topic in the economic literature. House price prediction has traditionally been approached using a-spatial linear (or intrinsically linear) hedonic models. It has been shown, however, that spatial effects are inherent in house pricing. This article considers parametric and semi-parametric spatial hedonic model variants that account for spatial autocorrelation, spatial heterogeneity and (smooth and nonparametrically specified) nonlinearities using penalized splines methodology. The models are represented as a mixed model that allow for the estimation of the smoothing parameters along with the other parameters of the model. To assess the out-of-sample performance of the models, the paper uses a database containing the price and characteristics of 10,512 homes in Madrid, Spain (Q1 2010). The results obtained suggest that the nonlinear models accounting for spatial heterogeneity and flexible nonlinear relationships between some of the individual or areal characteristics of the houses and their prices are the best strategies for house price prediction.

Housing and the wood industry, trends & market conditions

Science.gov (United States)

Urs Buehlmann; Matt Bumgardner; Al Schuler; K. Koenig

2011-01-01

Housing markets continue to have major impacts on the secondary wood industry. So, what are the steps being taken by wood products manufacturers in order to stay viable? As a follow-up to last year's article, "Housing Market's Impact on the Secondary Woodworking Industry" (Wood & Wood Products, July 2010), the focus of this year's study was...

Studies of the Prefabricated Housing Construction Market in Poland

Science.gov (United States)

Radziszewska-Zielina, Elżbieta; Gleń, Monika

2014-11-01

The directions of development of the construction market are not only related to the need to own one's own home but also to increasing functional and economic requirements and conditions of sustainable development. The perception and understanding of prefabrication in housing construction are undoubtedly starting to change. Sustainable construction criteria may constitute a significant turning point and support for the development of new prefabricated housing construction technologies. Entrepreneurs are slowly perceiving an opportunity for the development of prefabrication in the construction market. The implementation and popularisation of ready-made homes will undoubtedly constitute a favourable change in the Polish construction market; however, this will require a modification of habits. This article presents an historical analysis of the development of the prefabricated housing construction market as well as an attempt to answer questions concerning the future of prefabrication in housing construction in Poland based on the conducted studies.

24 CFR 888.111 - Fair market rents for existing housing: Applicability.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Fair market rents for existing... DIRECT LOAN PROGRAM, SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM AND SECTION 811 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES PROGRAM) SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM-FAIR MARKET...

24 CFR 888.113 - Fair market rents for existing housing: Methodology.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Fair market rents for existing... DIRECT LOAN PROGRAM, SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM AND SECTION 811 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES PROGRAM) SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM-FAIR MARKET...

How healthy and sustainable is the Dutch housing mix? Measuring and comparing the theoretical housing market balance of Dutch regional housing markets

NARCIS (Netherlands)

Janssen-Jansen, Leonie; Schilder, F.P.W.

2015-01-01

Housing and its distribution over groups of households dominates debates on urban socio-spatial justice. Amsterdam even received the label ‘Just City’ as the large stock of social housing in the core of the city is said to increase societal equity. Within the Netherlands, however, the Greater

Fear and Loathing in the Housing Market

DEFF Research Database (Denmark)

Chauvet, Marcelle; Gabriel, Stuart; Lutz, Chandler

in determination of national and city-specific housing returns, the VIX, foreclosures, and returns on subprime mortgage credit-default swaps. Further, the effects of housing distress on returns are asymmetric and stronger during times of crisis. Overall, results suggest that real estate and related markets...

Structural Changes in the Korean Housing Market before and after Macroeconomic Fluctuations

Directory of Open Access Journals (Sweden)

Sanghyun Kim

2016-04-01

Full Text Available The purpose of this paper is to identify structural changes in the Korean housing market for evaluating the sustainability of the Korean housing market and to derive important implications to seek housing business strategies and public policies. Two time periods were analyzed: April 2001–December 2007 and January 2008–December 2014 to identify the impact after the global financial crisis of 2008. The market was divided into transaction, chonsei, and monthly rent. The correlations were analyzed using a vector error correction model (VECM. A key result was that during the economic depression, demand for chonsei did not flow to the transaction market; this phenomenon affected the overall recovery of the housing market. The supply of chonsei today is rapidly decreasing with the depression in the transaction. Increases in chonsei prices are expected to continue along with the possibility that demand for chonsei will flow into the transaction or monthly rent market. Based on recent trends, the chonsei market, once main stream, will gradually weaken, and the Korean housing market will reorganize into transactions and monthly rent. This structural change may turn the Korean housing market into a target for long-term investments.

Housing Markets in Austria, Germany and Switzerland

OpenAIRE

Martin Schneider; Karin Wagner

2015-01-01

Running counter to the sharp rise in house prices and housing wealth observed since the mid- 1990s in the vast majority of European countries, real house prices in Germany and Austria were going down in this period and did not start to rise until 2010 or 2007, respectively. This reflects national idiosyncracies in housing markets and motivated the discussion of relevant peculiarities in, and similarities among, Austria and Germany as well as Switzerland. Among the most important structural fe...

Buying first or selling first in housing markets

NARCIS (Netherlands)

Moen, E.R.; Nenov, P.T.; Sniekers, F.

2015-01-01

Housing transactions by owner‐occupiers take two steps, purchase of a new property and sale of the old housing unit. This paper shows how the transaction sequence decision of owner‐occupiers depends on, and in turn, affects housing market conditions in an equilibrium search‐and‐matching model of the

Spatial housing economics: a survey

OpenAIRE

Meen, Geoff

2016-01-01

This introduction to the Virtual Special Issue surveys the development of spatial housing economics from its roots in neo-classical theory, through more recent developments in social interactions modelling, and touching on the role of institutions, path dependence and economic history. The survey also points to some of the more promising future directions for the subject that are beginning to appear in the literature. The survey covers elements hedonic models, spatial econometrics, neighbourh...

Volatility in the Housing Market: Evidence on Risk and Return in theLondon Sub-market

Directory of Open Access Journals (Sweden)

Steve Cook

2017-10-01

Full Text Available The impact of volatility in housing market analysis is reconsidered via examinaton ofthe risk-return relationship in the London housing market is examined. In addition to providing thefirst empirical results for the relationship between risk (as measured by volatility and returns forthis submarket, the analysis offers a more general message to empiricists via a detailed and explicitevaluation of the impact of empirical design decisions upon inferences. In particular, the negativerisk-return relationship discussed frequently in the housing market literature is examined and shown todepend upon typically overlooked decisions concerning components of the empirical framework fromwhich statistical inferences are drawn.

A structural model for the housing and credit markets in Italy

OpenAIRE

Andrea Nobili; Francesco Zollino

2012-01-01

We estimate a fully-fledged structural system for the housing market in Italy, taking into account the multi-fold link with bank lending to both households and construction firms. The model allows the house supply to vary in the short run and the banking sector to affect the equilibrium in the housing market, through its effect on housing supply and demand. We show that house prices react mostly to standard drivers such as disposable income, expected inflation and demographic pressures. Lendi...

The market value of cultural heritage in urban areas: an application of spatial hedonic pricing

Science.gov (United States)

Lazrak, Faroek; Nijkamp, Peter; Rietveld, Piet; Rouwendal, Jan

2014-01-01

The current literature often values intangible goods like cultural heritage by applying stated preference methods. In recent years, however, the increasing availability of large databases on real estate transactions and listed prices has opened up new research possibilities and has reduced various existing barriers to applications of conventional (spatial) hedonic analysis to the real estate market. The present paper provides one of the first applications using a spatial autoregressive model to investigate the impact of cultural heritage—in particular, listed buildings and historic-cultural sites (or historic landmarks)—on the value of real estate in cities. In addition, this paper suggests a novel way of specifying the spatial weight matrix—only prices of sold houses influence current price—in identifying the spatial dependency effects between sold properties. The empirical application in the present study concerns the Dutch urban area of Zaanstad, a historic area for which over a long period of more than 20 years detailed information on individual dwellings, and their market prices are available in a GIS context. In this paper, the effect of cultural heritage is analysed in three complementary ways. First, we measure the effect of a listed building on its market price in the relevant area concerned. Secondly, we investigate the value that listed heritage has on nearby property. And finally, we estimate the effect of historic-cultural sites on real estate prices. We find that, to purchase a listed building, buyers are willing to pay an additional 26.9 %, while surrounding houses are worth an extra 0.28 % for each additional listed building within a 50-m radius. Houses sold within a conservation area appear to gain a premium of 26.4 % which confirms the existence of a `historic ensemble' effect.

Choice of the marketing concept of management of housing-and-communal services

Science.gov (United States)

Skripnik, Oksana

2017-10-01

According to the author, housing-and-communal services comprise the basis of regional infrastructure forming quality and the standard of living of the population, being one of the most important prerequisites of development of social and economic capacity of the region. Some marketing concepts of management of housing-and-communal services are considered in the article, the problems, interfering the use of marketing technologies in management of housing-and-communal services are revealed. The need of use of marketing management for effective activity of housing-and-communal services is also reasoned. The author proves that the introduction of housing-and-communal services in practice as the marketing concept of management allows to solve the whole complex of issues, which are studied in the article.

From demonstration projects to volume market : Market development for advanced housing renovation

NARCIS (Netherlands)

Mlecnik, E.; Prendergast, E.; Rodsjo, A.; Haavik, T.; Parker, P.

2010-01-01

How do we get from demonstration projects to a volume market for very low energy demand in advanced housing renovation? The contributors to this report have been working with this issue for many years. Some worked in both IEA SHC Task 28 Sustainable Housing (2000-2005) and in SHC Task 37 Advanced

How "Animal Spirits" Wrecked the Housing Market

Science.gov (United States)

Akerlof, George A.; Shiller, Robert J.

2009-01-01

Real-estate markets are almost as volatile as stock markets. Prices of agricultural land, of commercial real estate, and of homes and condominiums have gone through a series of huge bubbles, as if people never learned from the previous ones. Such events--in particular the recent housing bubble--are driven by what John Maynard Keynes called animal…

24 CFR 888.115 - Fair market rents for existing housing: Manner of publication.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Fair market rents for existing..., SECTION 202 DIRECT LOAN PROGRAM, SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM AND SECTION 811... MARKET RENTS AND CONTRACT RENT ANNUAL ADJUSTMENT FACTORS Fair Market Rents § 888.115 Fair market rents...

The price of energy efficiency in the Spanish housing market

International Nuclear Information System (INIS)

Ayala, Amaia de; Galarraga, Ibon; Spadaro, Joseph V.

2016-01-01

The housing sector is a substantial consumer of energy, and therefore a focus for energy savings efforts. The Energy Performance of Buildings Directive (EPBD), introduced in 2002 and revised in 2010, is a key instrument to increase the energy performance of buildings across the European Union. Following the implementation of the EPBD into Spanish law, all properties offered for sale or rented out in Spain are required to have an Energy Performance Certificate (EPC). Given that the implementation of the EPC scheme for new, existing and advertised properties is still very low in Spain, unlike other European housing markets, the Spanish one lacks market data on energy efficiency (EE) labels and their impact on housing price. To overcome this gap, we determine the EE ratings of a sample of 1507 homes across Spain on the basis of information collected previously through household surveys. This allowed us to answer the question of whether or not, and to what extent, Spanish housing markets capitalise the value of EE. We apply the hedonic-price technique and observe that more energy efficient dwellings have a price-premium between 5.4% and 9.8% compared to those with the same characteristics but lower EE level. - Highlights: •The Spanish housing market lacks data on energy efficiency (EE) labels. •We determine the EE ratings of a sample of 1507 homes across Spain. •Homes labelled A, B and C account for less than 10% of the housing stock. •Energy efficient dwellings have a price-premium between 5.4% and 9.8%, ceteris paribus.

Passive solar ranch house for the mass market

Energy Technology Data Exchange (ETDEWEB)

Albanes, M.N.

1981-01-01

To promote the building of passive solar housing in the Denver metropolitan area, a solar ranch style house was designed for a builder, Unique Homes, as part of a group of thirteen passive solar houses built for the mass market under SERI's Denver Metro Home Builders Program. The project, process of design, thermal performance analysis, cost and consumer/media response are reviewed. The final design was a direct gain, attached greenhouse system that used brick as interior mass.

Uneasy Bedfellows: Social Justice and Neo-Liberal Practice in the Housing Market

Directory of Open Access Journals (Sweden)

Andrew Martel

2016-06-01

Full Text Available The Australian state has ratified the Convention on the Rights of Persons with Disabilities (CRPD, which emphasizes a social justice-based, personalized service delivery model. The upcoming National Disability Insurance Scheme (NDIS reflects this model and aims to facilitate people living with a disability being able to access services while housed within the private residential market, a move away from a state-based combined residential/service care model. However, in Australia’s neo-liberal housing market government intervention tends to shy away from policies that overtly impose restrictions on private firms. Therefore, in the absence of a subsidy from the state, the CRPD is of limited use in encouraging private developers to improve the appropriateness of its new built stock for people with a disability. A more persuasive approach is to highlight the size, diversity, and economic power of the disability-friendly housing consumer market when housing provision is separated from disability care delivery. This paper examines the feasibility of sustaining innovation in the volume builder housing market by aligning accessibility promoting changes to the existing innovation channels within Australian firms, suggesting that the NDIS concentrate on assisting the housing industry transition to a make-to-order model from the current make-to-forecast one.

Tax policy, housing and the labour market

DEFF Research Database (Denmark)

Jensen, Svend Erik Hougaard; Nielsen, Søren Bo; Pedersen, Lars Haagen

1996-01-01

This paper develops an intertemporal simulation model designed to analyse tax policies in a small open economy. Within a finite horizon, overlapping generations framework, we introduce imperfect competition in the labour market, consumption and construction of durables in the form of housing units...

Changing Prices in a Weak Housing Market

Institute of Scientific and Technical Information of China (English)

Xu Dianqing

2008-01-01

@@ First, the adjustment in housing prices are in some cases just a regular marketing strategy. Speculation is restrained by macrocontrol policies, which naturally slows down a price increase.It is also predictable that some unreasonably high prices will need to be readjusted.

Geography of opportunity and residential mortgage foreclosure: A spatial analysis of a U.S. housing market

Directory of Open Access Journals (Sweden)

Yanmei LI

2011-12-01

Full Text Available South Florida has been among the top foreclosure markets in the United States, but little research has explored whether this market presents different dynamics compared to other metropolitan areas. This research chooses Broward County to explore whether socioeconomic characteristics and certain public policy instruments relate to subprime lending and mortgage foreclosure patterns. Results indicate areas bounded by linear highways and railroads have a concentration of low-income black population and subprime loans. The spatial distribution of subprime loans is mostly explained by a higher percentage of minority and/or Hispanic population in a neighborhood. Yet, racial minorities, instead of Hispanic origin, contributes mostly to the concentration of subprime loans. The spatial pattern of foreclosures is more complex, determined not only by subprime loans but also possibly other factors associated with the mortgage crisis. This suggests that disadvantaged neighborhoods are disproportionally lacking favorable opportunities due to institutional and sub- cultural forces shaping the geography of subprime and foreclosure.

Selected Demographic Aspects of Buyers’ Activity on the Local Housing Market

Directory of Open Access Journals (Sweden)

Foryś Iwona

2015-02-01

Full Text Available Demographic factors next to economic, political and legal ones, are important elements determining the development of the housing market. The analysis of the age structure of the population and of the dynamics of change shows that the population of baby boomers in the age group that is actively entering the labor market and becoming independent is a stimulant for the development of the housing market. Individuals who are gaining economic independence generate new needs and, with appropriate financial resources, also future demand for their own accommodation.

The Cash-out Refinancing in the Norwegian Housing Market

OpenAIRE

Almaas, Synne Schanke; Bystrøm, Line Synnøve

2014-01-01

The housing prices in Norway and the ratio of Norwegian household debt to disposable income have reached unprecedentedly high levels in recent years, raising concerns about whether we are in a serious housing bubble. This attracts much attention and initiates debates among politicians, researchers as well as the entire society. Contributing to the debates, the present thesis studies "cash-out" refinancing in the Norwegian housing market and has two main findings. First, along with the soaring...

The impact of social housing on the labour market status of the disabled.

Science.gov (United States)

Gregoir, Stéphane; Maury, Tristan-Pierre

2013-09-01

Disability may impact on employment through entitlement to social housing. Estimates of an original dynamic panel data model of disability, labour market and housing tenure transitions in England indicate that up to one-quarter of the lower employment probability of the disabled can be attributed to the effect of qualifying for social housing. Short-lived disabilities can result in long spells in social housing that reduce incentives to participate in the labour market. This suggests that authorities should reform the welfare system and the allocation of social housing to limit the persistent and unfavourable consequences of allocating social housing to the disabled. Copyright © 2013 John Wiley & Sons, Ltd.

A comparative study: The spatial organization of pre and post disaster house in traditional cultured area; study case: Core house project in Kasongan, Yogyakarta, Indonesia

Science.gov (United States)

Agustina, Vicky

2017-11-01

This study involves revealing the spatial organization typology differences between pre and post disaster houses through core house project in Kasongan, Yogyakarta, Indonesia. The goal is to gain understanding of the way of traditional cultured people re-shaping their space and environment after disaster reconstruction through the core house and find the factors that determine the form. The study has been done by comparing and analyzing the spatial properties and functions between both objects using justified graph technique which is one of the basic methodology that able to identify how people are organized in space. Upon the comparison and analysis of these aspects, it appears that the old house size has impact toward significant changes of the spatial properties also the dwellers put physical factor over culture when evaluating the present house. Through these findings, this study highlights that spatial organization of traditional house has temporal spatial value and the core house concept had influenced the changes of the local spatial behaviour and their perception of their house standard.

Housing market volatility in the OECD area

DEFF Research Database (Denmark)

Engsted, Tom; Pedersen, Thomas Quistgaard

2014-01-01

Vector-autoregressive models are used to decompose housing returns in 18 OECD countries into cash flow (rent) news and discount rate (return) news over the period 1970-2011. For the jajority of countries news about future returns is the main driver, and both real interest rates and risk-premia play...... an important role in accounting for housing market volatility. Bivariate cross-country correlations and principal components analyses indicate that part of the return movements have a common factor among the majority of countries. We explain the results in terms of global changes in credit constraints...

Detecting Housing Submarkets using Unsupervised Learning of Finite Mixture Models

DEFF Research Database (Denmark)

Ntantamis, Christos

association between prices that can be attributed, among others, to unobserved neighborhood effects. In this paper, a model of spatial association for housing markets is introduced. Spatial association is treated in the context of spatial heterogeneity, which is explicitly modeled in both a global and a local....... The identified mixtures are considered as the different spatial housing submarkets. The main advantage of the approach is that submarkets are recovered by the housing prices data compared to submarkets imposed by administrative or geographical criteria. The Finite Mixture Model is estimated using the Figueiredo...

Interrelations between housing supply agents: the metropolitan housing market in Prague

Czech Academy of Sciences Publication Activity Database

Lux, Martin; Sunega, Petr

2010-01-01

Roč. 22, č. 1 (2010), s. 99-117 ISSN 1463-1377 R&D Projects: GA ČR GA403/09/1915 Institutional research plan: CEZ:AV0Z70280505 Keywords : housing supply * market efficiency * transition economies Subject RIV: AH - Economics Impact factor: 0.362, year: 2010 http://www.vse.cz/polek/abstrakt.php3?IDcl=728

Impact of Brexit on the United Kingdom’s Housing Market

OpenAIRE

Syromiatnikova, Sofia

2017-01-01

This thesis aims to analyse the changes in the real estate market in the United Kingdom and trace and identify the factors that would trigger a price change. The dissertation investigates the possible change in the value of housing caused by Brexit, which is a specific group of investment assets and a major component of household wealth for the UK. Understanding the nature and degree of change in housing prices will make market participants aware of the size of their risk exposure and can hel...

Market Innovation, Rational Housing Supply and Urban Quality at the Neighbourhood Scale

Science.gov (United States)

Puglisi, Valentina; Celani, Alberto

2017-10-01

Innovation of product, process and markets are the three categories to assess the improvement of a sector. This document is aimed to provide a review of papers about innovation in housing market and analyses solutions adopted by the international market in terms of definition of attributes of housing products. Enlightening aspects linked to quality attributes of housing products and it has been tried to read a common scheme in any study analysed to provide solutions to set innovation hints to enhance market innovation in the sector. The idea of choice, user and buyer categories definition, assessment and rating system is the backbone of the paper, as the parallelism between marketing of industrial goods and services and built environment objects. Quality of the neighbourhood and the idea of an ex-post assessment is the theme behind the last case presented, based on a research made by ABC Department of Politecnico di Milano in a neighbourhood in Milano, aimed to assess its quality.

Fair Market Rents For The Section 8 Housing Assistance Payments Program

Data.gov (United States)

Department of Housing and Urban Development — Fair Market Rents (FMRs) are primarily used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some...

Short-Term Expectation Formation Versus Long-Term Equilibrium Conditions: The Danish Housing Market

Directory of Open Access Journals (Sweden)

Andreas Hetland

2017-09-01

Full Text Available The primary contribution of this paper is to establish that the long-swings behavior observed in the market price of Danish housing since the 1970s can be understood by studying the interplay between short-term expectation formation and long-run equilibrium conditions. We introduce an asset market model for housing based on uncertainty rather than risk, which under mild assumptions allows for other forms of forecasting behavior than rational expectations. We test the theory via an I(2 cointegrated VAR model and find that the long-run equilibrium for the housing price corresponds closely to the predictions from the theoretical framework. Additionally, we corroborate previous findings that housing markets are well characterized by short-term momentum forecasting behavior. Our conclusions have wider relevance, since housing prices play a role in the wider Danish economy, and other developed economies, through wealth effects.

Housing market in Israel: Is there a bubble?

Directory of Open Access Journals (Sweden)

Arestis Philip

2017-01-01

Full Text Available House prices in Israel have registered unprecedented growth rates in the last few years. At first glance, these hikes could be explained by the evolution of fundamentals such strong population growth and favourable macroeconomic conditions, i.e. low interest rates. However, further investigation is needed in order to explore whether there is a misalignment between house prices and their fundamentals. Firstly, this paper investigates the role of construction costs in the evolution of house prices. Secondly, this contribution decomposes the “price-to-rent” ratio into fundamentals, frictions and bubble episodes for a better understanding of the recent trends of the market.

Examining Policies to Reduce Homelessness Using a General Equilibrium Model of the Housing Market

OpenAIRE

Mansur, Erin; Quigley, John M.; Raphael, Steven; Smolensky, Eugene

2003-01-01

In this paper, we use a general equilibrium simulation model to assess the potential impacts on homelessness of various housing-market policy interventions. We calibrate the model to the four largest metropolitan areas in California. We explore the welfare con- sequences and the effects on homelessness of three housing-market policy interventions: extending housing vouchers to all low-income households, subsidizing all landlords, and subsidizing those landlords who supply low-income housing. ...

Housing price gradient and immigrant population: Data from the Italian real estate market.

Science.gov (United States)

Antoniucci, Valentina; Marella, Giuliano

2018-02-01

The database presented here was collected by Antoniucci and Marella to analyze the correlation between the housing price gradient and the immigrant population in Italy during 2016. It may also be useful in other statistical analyses, be they on the real estate market or in another branches of social science. The data sample relates to 112 Italian provincial capitals. It provides accurate information on urban structure, and specifically on urban density. The two most significant variables are original indicators constructed from official data sources: the housing price gradient, or the ratio between average prices in the center and suburbs by city; and building density, which is the average number of housing units per residential building. The housing price gradient is calculated for the two residential sub-markets, new-build and existing units, providing an original and detailed sample of the Italian residential market. Rather than average prices, the housing price gradient helps to identify potential divergences in residential market trends. As well as house prices, two other data clusters are considered: socio-economic variables, which provide a framework of each city, in terms of demographic and economic information; and various data on urban structure, which are rarely included in the same database.

Housing and Urbanization in Africa : Unleashing a Formal Market Process

OpenAIRE

Paul COLLIER

2012-01-01

In many African countries a market for private provision of formal sector mass housing is largely absent. This is not inevitable, but is the consequence of policy failure surrounding five key issues. The affordability of housing, with costs often inflated by inappropriate building regulations and inefficient construction sectors; lack of clarity in land titling and legal enforcement; lack of innovation in supply of housing finance; failure to supply supporting infrastructure and to capture de...

Housing in China: State Governance, Market and Public Perception

Directory of Open Access Journals (Sweden)

Emile Kok-Kheng Yeoh

2017-04-01

Full Text Available Chinese house prices have been receiving huge coverage in both the domestic and the international media. Although the Chinese government has implemented many policies to control house prices, especially in the big cities, it is obvious that there is disequilibrium between demand for and supply of houses. Even though numerous housing policies have been put in place to overcome that, house prices in China are still rising. Many Chinese citizens from the low- and middle-incomes group find it difficult to purchase a house in the cities due to high house prices. This paper covers the current situation of the house prices in China, introduces the existing state of affairs about the Chinese housing market, explores a series of important reasons for high house prices, examines various public policies the Chinese government is using to control real estate, as well as reveals the citizens’ perceptions related to rising house prices. To gauge citizens’ perception of the current state of affairs in this regard, a questionnaire survey was conducted to gather information with a final sample of 256 respondents from more than ten cities of different tiers in the different regions of China.

Leaving home and entering the housing market.

NARCIS (Netherlands)

Clark, W.A.V.; Mulder, C.H.

2000-01-01

We use a multinomial choice model of owning a home, owning a trailer, or renting to examine the housing-market entry of young adults in the USA after they have left the parental home. We also model the choice between renting independently and sharing with roommates. We show that the likelihood of

The development of the housing market in Russian regions by the example of Saint Petersburg

Directory of Open Access Journals (Sweden)

Romaniuk Georgii Daniilovich

2014-06-01

Full Text Available This article analyses the state and development of housing market in St. Petersburg during 2000-2013. Reveals the stages of the real estate market in this period, its characteristic features and trends of today. There is the growing role of the primary market in the structure of the housing market and shows its modern features and problems.

Transformation of the Housing Market in Tokyo since the Late 1990s: Housing Purchases by Single-person Households

Directory of Open Access Journals (Sweden)

Tomoko Kubo

2011-12-01

Full Text Available This study aims to clarify the correlation between the transformation of the Japanese housing market and the increasing number of single-person households in Japan, with a special focus on the supply of compact condominiums. In order to achieve the abovementioned purpose, the changes in the Japanese housing market and diversification of the Japanese household structure are described. Finally, the features of the supply strategies of condominium suppliers, which reflect the diversification of the household structure and increasing need for condominiums by single-person households in central Tokyo, are examined.

Dynamics of a Protected Housing Market: The Case of Switzerland

DEFF Research Database (Denmark)

Borowiecki, Karol

2012-01-01

We analyze the determinants and dynamics of a highly protected housing market. Based on Swiss data for the time period 1990 to 2009 we model house prices and construction activity. We find that house prices exhibit a positive association with construction price, working age population as well...... as GDP and a negative with interest rates, whereas construction activity is positively related to working age population and GDP and negatively with construction price and interest rates. These estimates are broadly consistent with previous theoretical and empirical research....

Procedural Formalism and Social Networks in the Housing Market

OpenAIRE

Bonleu, Antoine

2014-01-01

Why do some OECD countries have high levels of procedural formalism (PF) in the housing market? We provide an explanation based upon complementarities between the strength of social networks and the stringency of procedural formalism. The interest of social networks is that conflict resolution is independent of the law. When local people belong to social networks whereas foreigners do not, PF may facilitate housing search for locals at the expense of foreigners. To illustrate this mechanism w...

Fair Market Rents (Fair Market Rents For The Section 8 Housing Assistance Payments Program) - National Geospatial Data Asset (NGDA)

Data.gov (United States)

Department of Housing and Urban Development — This dataset and map service provides information on Fair Market Rents (FMRs). FMRs are primarily used to determine payment standard amounts for the Housing Choice...

Backyard housing in Gauteng: An analysis of spatial dynamics

African Journals Online (AJOL)

Backyard housing in Gauteng: An analysis of spatial dynamics. Yasmin Shapurjee ... Drawing on quantitative geo-demographic data from GeoTerraImage (GTI). (2010), Knowledge .... a fundamental role in absorbing demand for low-income ...

Icelandic boom and bust - Immigration and the housing market

OpenAIRE

Lúðvík Elíasson

2014-01-01

Possible explanations for the rapid increase in house prices and housing investment in Iceland between 2004 and 2007 and the subsequent market crash are studied. The boom was driven in part by banking liberalisation, international financial conditions, and domestic policies. A simple demand and supply model, based on the study by Elíasson and Pétursson (2009), is fitted to data through the recent boom-bust period. The model is remarkably robust through the cycle despite its unprecedented ampl...

The baby boom, the baby bust, and the housing market.

Science.gov (United States)

Mankiw, N G; Weil, D N

1989-05-01

This paper explores the impact of demographic changes on the housing market in the US, 1st by reviewing the facts about the Baby Boom, 2nd by linking age and housing demand using census data for 1970 and 1980, 3rd by computing the effect of demand on price of housing and on the quantity of residential capital, and last by constructing a theoretical model to plot the predictability of the jump in demand caused by the Baby Boom. The Baby Boom in the U.S. lasted from 1946-1964, with a peak in 1957 when 4.3 million babies were born. In 1980 19.7% of the population were aged 20-30, compared to 13.3% in 1960. Demand for housing was modeled for a given household from census data, resulting in the finding that demand rises sharply at age 20-30, then declines after age 40 by 1% per year. Thus between 1970 and 1980 the real value of housing for an adult at any given age jumped 50%, while the real disposable personal income per capita rose 22%. The structure of demand is such that the swelling in the rate of growth in housing demand peaked in 1980, with a rate of 1.66% per year. Housing demand and real price of housing were highly correlated and inelastic. If this relationship holds in the future, the real price of housing should fall about 3% per year, or 47% by 2007. The theoretical model, a variation of the Poterba model, ignoring inflation and taxation, suggests that fluctuations in prices caused by changes in demand are not foreseen by the market, even though they are predictable in principle 20 years in advance. As the effects of falling housing prices become apparent, there may be a potential for economic instability, but people may be induced to save more because their homes will no longer provide the funds for retirement.

The spatial representation of market information

NARCIS (Netherlands)

DeSarbo, WS; Degeratu, AM; Wedel, M; Saxton, MK

2001-01-01

To be used effectively, market knowledge and information must be structured and represented in ways that are parsimonious and conducive to efficient managerial decision making. This manuscript proposes a new latent structure spatial model for the representation of market information that meets this

An alternative to the standard spatial econometric approaches in hedonic house price models

DEFF Research Database (Denmark)

von Graevenitz, Kathrine; Panduro, Toke Emil

2015-01-01

Omitted, misspecified, or mismeasured spatially varying characteristics are a cause for concern in hedonic house price models. Spatial econometrics or spatial fixed effects have become popular ways of addressing these concerns. We discuss the limitations of standard spatial approaches to hedonic...

Make the heat hotter. - marketing district heating to households in detached houses

Energy Technology Data Exchange (ETDEWEB)

Sernhed, Kerstin; Pyrko, Jurek

2008-09-15

For district heating (DH) companies, to expand in low heat density areas such as detached houses, it is essential to obtain a high rate of connections to the district-heating network in order to enhance the cost effectiveness. Marketing district heating to house owners is, however, a fairly different matter from selling it to customers in industrial, commercial, and multi-family buildings. Suitable market strategies need to be developed and the need for information about potential customers' preferences and attitudes are of great importance since the house-owners often constitute a heterogeneous group where different households have different requirements. This paper investigates a case of one Swedish district heating company's marketing activities and expansion strategies in a single family house area where the customers were offered conversion of their direct resistive electric heating (DEH) into district heating (DH). 88 out of 111 houses were converted in 2002. Four years later, interviews were carried out with 23 of the households in the area, both with those who had accept-ed the district heating offer and those who had not. The study shows that apart from the economic aspects, thermal comfort, aesthetics and practicalities also affected the buying decision. Since the different economic aspects of the offer were complex, it was very difficult for the households to make a strictly rational economical decision. Statistical analysis confirmed that variables such as age, type of household and energy use level could, to some extent, be related to the decision to convert from electric heating to district heating. Timing, low prices and the total solutions presented to the households were crucial factors in the success of the marketing strategy.

Spatial Aspects of Housing Policy Transformation in Poland After 1989 - Example from Lodz

Directory of Open Access Journals (Sweden)

Agnieszka Ogrodowczyk

2015-01-01

Full Text Available After the demise of socialism, the considerable transformation of the Polish housing sector occurred in the early 1990s. The new laws and institutions were introduced and those new arrangements strongly influenced the development of housing. Currently, the State does not participate directly in the housing development process - it is one of local government responsibilities. Hence, the main purpose of the article is to analyze the priorities and actions of local authorities in the field of housing policy, particularly those aspects that have a specific spatial implications (mainly affect spatial development of the inner city. Analysis is focused on Lodz that really stands out among all municipalities in Poland for the largest participation of public housing, that in the inner city is mostly represented by the old tenement buildings, unfortunately in a very poor condition.

The downside of marketization: a multilevel analysis of housing tenure and types in reform-era urban China.

Science.gov (United States)

Fu, Qiang; Zhu, Yushu; Ren, Qiang

2015-01-01

Based on data from the 2005 National Population Sample Survey and compiled covariates of 205 prefectures, this research adopted principal-component and multilevel-logistic analyses to study homeownership in urban China. Although the housing reform has severed the link between work units and residence, working in state sectors (government, state-owned enterprises and collective firms) remained significant in determining a household's entitlement to reform-era housing with heavy subsidies or better qualities. While the prefecture-level index of marketization reduced local homeownership of self-built housing, affordable housing and privatized housing, its effect is moderated by cross-level interactions with income, education and working in state sectors across different types of housing. Meanwhile, the index of political and market connections promoted all types of homeownership except for self-built housing. By situating the downside of marketization within a context of urban transformation, this research not only challenges the teleological premise of the neoliberal market transition theory but calls for research on institutional dynamics and social consequences of urban transformation in China. Copyright © 2014 Elsevier Inc. All rights reserved.

The housing policy nexus and people’s responses to housing challenges in post-communist cities

Directory of Open Access Journals (Sweden)

Sasha Tsenkova

2014-12-01

Full Text Available This article explores major trends and patterns of change embedded in the overall process of economic, social and political transformation reshaping the urban challenges in eastern European cities. It reflects on important drivers of change such as efforts to create a market-based housing system and competitive housing markets in the post-communist urban world. The research draws much-needed attention to an important set of urban and housing policy issues with broad implications for understanding the transition process in the region. It explores the multi-layered processes of market-based housing reforms (privatisation, deregulation and devolution and their impact on the spatial transformation of urban housing markets in eastern European cities. The main argument, supported with empirical evidence from a number of eastern European cities, is that the impact of these most significant processes of urban change has created a mosaic of diverse urban challenges. Exploring these urban challenges through the housing lens sets the stage for a better understanding of urban social movements in eastern European cities and their dynamic realities. The article argues that the diverse role of urban social movements can be explained by reference to democratic traditions, practices and policy cultures in eastern European cities, and also to institutional structures and the capacity of non-market stakeholders. In some cases, stronger government and governance traditions since the political changes of the 1990s would allow non-government organisations to “voice” their concerns and be accepted as a legitimate partner in coalitions responding to urban challenges. In other cases, such capacity and institutional collaboration may be non-existent, leading to “exit” and abandonment of formal systems. In the first option, urban social movements have resurrected debates about gentrification and social segregation in housing estates and neighbourhoods previously

The Characteristics Of Malay House Spatial Layout Of Pekanbaru In Accordance With Islamic Values

Science.gov (United States)

Samra, Boby

2017-12-01

House is not only is a place to get rest and do activities bu also treated as a pride for the Malay community. The values contained in the spatial layout of the house have specific meaning to the owners. This makes the Malay house becomes the symbol of pride to uphold the “tuah” and dignity of the owner. This research is conducted using qualitative approach through management and data management available through several methods such as observation, interview, documentation and group discussion. This is expected to provide understanding of the perception of Islam dealing with the characteristics of the spatial layout of the Malay house of Pekanbaru.

78 FR 38070 - 30-Day Notice of Proposed Information Collection: Affirmative Fair Housing Marketing (AFHM) Plan

Science.gov (United States)

2013-06-25

... Information Collection: Affirmative Fair Housing Marketing (AFHM) Plan AGENCY: Office of the Chief Information Officer, HUD. ACTION: Notice. SUMMARY: HUD has submitted the proposed information collection requirement... Title of Information Collection: Affirmative Fair Housing Marketing (AFHM) Plan. OMB Approval Number...

Impact of energy prices: a housing-market analysis

Energy Technology Data Exchange (ETDEWEB)

Zaki, A.S.; Isakson, H.R.

1983-04-01

This paper investigates the effect of energy costs on the housing-market response. As the effect of energy costs has not been specifically investigated before in the literature, both a linear and nonlinear model were investigated. The choice of the appropriate model was determined using the Box-Cox transformation technique. The chosen model was then validated. The results reveal that in the Spokane, Washington, area, where energy costs are relatively low, energy prices do not have a significant effect on market response. However, applying the same methodology to areas where energy costs are higher might produce different results. 29 references, 3 tables.

Housing markets and housing policies in India

OpenAIRE

Tiwari, Piyush; Rao, Jyoti

2016-01-01

Issues of housing in India are synonymous with ignorance of housing in active government involvement at the policy and program formulation levels. They are also due to the problems that unplanned urbanization, income disparity, poverty, illiteracy, and unemployment brought. These issues extenuated the housing problem, causing a housing shortage of 51 million in 2011. Though India has a long history of establishing policies, programs, and institutions to cater to housing, without allocating ad...

Measuring the Impact of Road Rehabilitation on Spatial Market Efficiency in Maize Markets in Mozambique

DEFF Research Database (Denmark)

Cirera, Xavier; Arndt, Channing

2008-01-01

to the existing literature in three ways. First, a unique data set, where road rehabilitation episodes between market pairs are identified, is developed. Second, special care is devoted to estimation of transaction costs due to the sensitivity of the PBM model to the quality of transaction costs estimates......This article analyzes the impact of road rehabilitation on the spatial market efficiency of maize markets in Mozambique. We estimate a modified version of the Parity Bounds Model (PBM) that allows us to test the impact of road rehabilitation on spatial efficiency. This article seeks to contribute....... Finally, as opposed to most existing literature that focuses on relatively distant markets, the article focuses on spatially closed markets. We find that maize markets tend to be segmented due to high transport costs. Following road rehabilitation, inefficiency and average absolute price differentials...

77 FR 69651 - Final Fair Market Rents for the Housing Choice Voucher Program for Small Area Fair Market Rent...

Science.gov (United States)

2012-11-20

... the Housing Choice Voucher Program for Small Area Fair Market Rent Demonstration Program Participants... Authorities (PHAs) participating in the Small Area FMR Demonstration. SUMMARY: Section 8(c)(1) of the United... Housing Choice Voucher (HCV) Program for those PHAs selected to participate in the Small Area FMR...

Financial institutions have owner-occupancy in a stranglehold : An explanation for the recession in the Dutch housing market

NARCIS (Netherlands)

Boelhouwer, P.J.

2014-01-01

Like many other West-European countries, the Dutch housing market fell into a depression since the fall of Lehman Brothers at the end of 2008 and the credit crunch started. After 2010, many housing markets in Europe recovered from the financial crisis and experienced growing house prices again. This

Government regulation versus market orientation in social housing management : Limitations and opportunities of European and Australian landlords

NARCIS (Netherlands)

Nieboer, N.; Gruis, V.H.

2005-01-01

In the past ten to twenty years, governments in various countries have introduced or reinforced market principles in their housing systems. As a consequence, social landlords have increased opportunities to adopt a more market-oriented approach towards the management of their housing stock.

Delivered Pricing, FOB Pricing, and Collusion in Spatial Markets

OpenAIRE

Maria Paz Espinosa

1992-01-01

This article examines price discrimination and collusion in spatial markets. The problem is analyzed in the context of a repeated duopoly game. I conclude that the prevailing pricing systems depend on the structural elements of the market. Delivered pricing systems emerge in equilibrium in highly monopolistic and highly competitive industries, while FOB is used in intermediate market structures. The fact driving this result is that delivered pricing policies allow spatial price discrimination...

Spatial Mismatch: A Third Generation Survey.

Science.gov (United States)

Eagan, J. Vincent

1999-01-01

The spatial mismatch argument hypothesizes that racial discrimination in the housing market, together with the suburbanization of low skilled jobs, contributes significantly to the high unemployment and/or low wages of inner city minority workers. Surveys recent spatial mismatch literature and discusses policy alternatives, focusing on areas…

Housing projects in Trabzon: Marketting discourses and physical environmental features

OpenAIRE

AYDIN TÜRK, Yelda; KARADENİZ, Beyza

2018-01-01

Thehousing projects, that have turned into concept projects promoted as acommodity since last decade in Turkey. These projects, are marketed withdiscourses such as “the long-awaited life”, “ideal home” and are constructed onthe urban fringes. In this study, the housing projects that developed inTrabzon in recent years have been examined in this context. Marketing discourseand physical environmental characteristics of the projects have been analyzed.Thus, the study finds out to what extent the...

SPATIAL SEGMENTATION WITHIN METROPOLITAN LABOUR MARKET: MAPPING THE GENDER DIMENSION

OpenAIRE

DEBNATH, TANIA

2017-01-01

Spatial segmentation of the labour market of informal workers within the metropolitan is observed globally. InIndia it is not only compartmentalised on gender, caste, ethnic lines but also geographically segmented by thecreation of spatially disjoined markets. The differential impact of this limited mobility on female and malelabour remains largely unexplored. The present paper argues that the labour market for informal workers issegmented into smaller labour markets separated by commuting (h...

Primary housing market in Elblag from 2008 till the first quarter of 2012 – selected aspects

Directory of Open Access Journals (Sweden)

Marcin Duda

2013-03-01

Full Text Available National housing market is one of the first business branches which suffered an economic slowdown due to the global economic crisis started in United States of America in 2007. In this study author presents a situation of the primary housing market in Elblag and evaluates its development prospects in upcoming years. The research hypothesis is that the external factors related to the macroeconomic issues and Elblag’s internal problems, cause constant decline in prices of new housing, similarly to other Polish cities. To confirm the presented hypothesis and the evaluation of development possibilities, the author studies housing transaction price fluctuations for the properties built and sold by developers from 2008 till the first quarter of 2012. He also analyse demographic situation of the city, mortgages market and changes in GDP and GDP per capita over the past few years.

SPATIAL ARRANGEMENTS IN TRADITIONAL M'ZABITE HOUSES

Directory of Open Access Journals (Sweden)

T BELLAL

2003-06-01

Full Text Available This paper aims to study the morphology of M'zabite traditional houses. The study uses the space syntax method. Space syntax proposes a fundamental relationship between the configuration of space in a house and the way that it functions. It is the aim of this research work to test this proposition in an M'zab cross settlement sample. The study particularly focuses on the measure known as " difference factor ". The concept of difference factor has been widely used as a technique to measure the strength of a spatial genotype. As a preliminary conclusion, four characteristic patterns of integration are found, the first one centred on the Ammas N'tadart  [Berber for Wast Eddar], the second on the Ikoumar or arched portico, the third on the stairs, and the last but not the least, is centred on the Tigharghart or upper courtyard.

Marketing analysis of the demand for housing under construction in Chelyabinsk

Directory of Open Access Journals (Sweden)

Trofimenko Elena Jur'evna

2015-04-01

Full Text Available In the article the urgency of studying the demand for housing under construction in Chelyabinsk, studied Rosreestra data on quantity of completed contracts for the purchase of property, assess the current state of the real estate market in Chelyabinsk; consumer demand in the property market in Chelyabinsk (size, structure; socio-demographic characteristics of consumers of residential property; consumer preferences when buying a residential property.

Critical slowing down associated with regime shifts in the US housing market

Science.gov (United States)

Tan, James Peng Lung; Cheong, Siew Siew Ann

2014-02-01

Complex systems are described by a large number of variables with strong and nonlinear interactions. Such systems frequently undergo regime shifts. Combining insights from bifurcation theory in nonlinear dynamics and the theory of critical transitions in statistical physics, we know that critical slowing down and critical fluctuations occur close to such regime shifts. In this paper, we show how universal precursors expected from such critical transitions can be used to forecast regime shifts in the US housing market. In the housing permit, volume of homes sold and percentage of homes sold for gain data, we detected strong early warning signals associated with a sequence of coupled regime shifts, starting from a Subprime Mortgage Loans transition in 2003-2004 and ending with the Subprime Crisis in 2007-2008. Weaker signals of critical slowing down were also detected in the US housing market data during the 1997-1998 Asian Financial Crisis and the 2000-2001 Technology Bubble Crisis. Backed by various macroeconomic data, we propose a scenario whereby hot money flowing back into the US during the Asian Financial Crisis fueled the Technology Bubble. When the Technology Bubble collapsed in 2000-2001, the hot money then flowed into the US housing market, triggering the Subprime Mortgage Loans transition in 2003-2004 and an ensuing sequence of transitions. We showed how this sequence of couple transitions unfolded in space and in time over the whole of US.

An alternative method for identifying booms and busts in the euro area housing market

OpenAIRE

Gerdesmeier, Dieter; Roffia, Barbara; Lenarcic, Andreja

2012-01-01

The main aim of this paper is to apply a method based on fundamentals ─ which has already been applied in the stock market analysis ─ to detect boom/bust in the housing market, with a focus on the euro area. In this context, an underlying model is developed and tested. It turns out that the user cost rate, a demographic variable, the unemployment rate, disposable income (or disposable income per capita), the debt-to-income ratio and, finally, the housing stock are fundamental variables which ...

Real Options Effect of Uncertainty and Labor Demand Shocks on the Housing Market

OpenAIRE

Lee, Gabriel; Nguyen Thanh, Binh; Strobel, Johannes

2016-01-01

This paper shows that uncertainty affects the housing market in two significant ways. First, uncertainty shocks adversely affect housing prices but not the quantities that are traded. Controlling for a broad set of variables in fixed-effects regressions, we find that uncertainty shocks reduce housing prices and median sales prices in the amount of 1.4% and 1.8%, respectively, but the effect is not statistically significant for the percentage changes of all homes sold. Second, when...

Immigration and urban housing market dynamics : the case of Haifa

NARCIS (Netherlands)

van der Vlist, Arno J.; Czamanski, Daniel; Folmer, Henk

2011-01-01

This paper addresses the interplay between demographics and housing market dynamics in Haifa, Israel. In the 1990s the city of Haifa, with a population of approximately 220,000, absorbed about 45,000 immigrants. The case of Haifa offers a typical non-controlled experiment on how demographic shocks

Future economics of the fuel cell housing market

International Nuclear Information System (INIS)

Erdmann, G.

2003-01-01

This paper examines how a market of small-scale stationary fuel cells of up to 20 kW could look like, if costs of stationary fuel cell systems allow market entry. This paper analyses what the market potential for this technology would be, what types of residential buildings might be most attractive, and what would be the quantitative changes in the fuel and the power market. Finally, does the perspective of stationary fuel cells offer a business opportunity for power and gas distribution companies? The methodology of this paper differs from that of other studies in that we model the operation of stationary fuel cells on the basis of 15 min power load profiles of individual buildings. From these we draw synthetic functions describing the fuel cell power output/natural gas input, as a function of a number of specific properties of individual buildings. We then develop a statistical distribution of these properties of the residential building stock in Germany (15 million units), finally using a Monte Carlo simulation the relevant market shares are calculated. The methodology that is developed here has an advantage in that it is flexible and can be applied for different population of buildings. We know, for example, that the results would differ between rural and urban areas. The model may reflect these differences thus allowing deeper insights into future fuel cell housing markets. (author)

A Spatial and Temporal analysis of Labour Market Characteristics

Directory of Open Access Journals (Sweden)

Pośpiech Ewa

2016-12-01

Full Text Available The use of spatial methods is becoming increasingly common in social and economic research as it emphasizes the relevance of spatiality to the understanding of socio-economic facts. Once embraced, the spatial factor can substantially help explain variations in the properties being examined, thus improving the quality of their description and supporting the development of econometric models. This paper explores some of the characteristics of Poland’s job market, making an inquiry into their spatial dependencies. The study looks at the country’s labour market from a local perspective, examining its properties for spatial autocorrelation (both global and local. Linear econometric models are subsequently built for such variables as the number of persons in employment, the number of women and men in employment. The models are further investigated to assess the applicability of spatial modelling in their development.

Spatial Distribution of Market Centers

Directory of Open Access Journals (Sweden)

Md. Morshedul Islam

2018-03-01

Full Text Available The present study is an attempt to find the location pattern, distribution and their sphere of influences of market centers in Rangpur City Corporation, Bangladesh. Rangpur is facing some problems like a traffic jam, noisy environment, population pressure etc due to the over population in full day long in the center of this city, all of the whole sale and retail sale markets are located in the middle. Location of Market is always influencing the daily life of the city population who are directly or indirectly connected with the market. If the market strategically distributed in an area they don’t face such kind of problems. Analysis or investigation shows that at about all of the market centers are located in the center of Rangpur and in the residential area of Rangpur. The maximum 67% market centers are found in the high-income residential area. Rangpur City Corporation, Bangladesh Bureau of Statistics and survey of Bangladesh provided the maps, reports and relevant documents of the study. The spatial dispersion pattern of market centers is clustered together at one place 0.33(Nearest Neighbor Index value, R found in the study area. Geographical Information System (GIS and other software also used to analyze the maps and diagrams. Investigation refers that, the market of Rangpur city have a clustered pattern and different levels of market centers found on the bases of centrality scores. By this centrality scores or levels, found the variation of influencing spheres of market centers in Rangpur City.

SPATIAL VARIETY AND DISTRIBUTION OF TRADITIONAL MARKETS IN SURAKARTA AS POTENTIAL FACTORS IN IMPROVING SPATIAL-BASED MANAGEMENT

Directory of Open Access Journals (Sweden)

Istijabatul Aliyah

2017-02-01

Full Text Available Traditional markets function as trading place, socio-culture interaction, and recreation facility either in regional or urban scope. Distribution and variety of spatial condition influence traditional markets’ planning both physically and non-physically. Therefore, this research aimed to conduct a mapping of traditional markets’ spatial distribution and variety as potential factors to improve spatial-based management. Analysis methods including: (1 Mapping by employing Geographic Information System, (2 Category Based Analysis (CBA, and (3 Interactive Analysis were applied in Surakarta City as the research location. The result of this research signifies that spatial variety and distribution of traditional markets in Surakarta had similar pattern between one market to others; overlapping service function; specific commodity types in accordance with the market’s characteristics; diverse operating hours. Spatial variety and distribution could be potential factors to improve traditional market management as shopping service. This result was contrasted with Central Place Theory by Christaller and NÆss & Jensen’s research finding stating that distance became a key factor influencing accessibility to a number of activity facilities. Therefore, distance toward the service center is not considered as the main factor in traditional market management. The main factor in managing and controlling traditional markets’ development includes service function, commodity specification, and operating hour’s flexibility.

The impact of 'studentification' on the rental housing market

OpenAIRE

Mira G. Baron; Sigal Kaplan

2011-01-01

Recent 'studentification' processes raise issues regarding the positive and negative impacts of student influx on the urban environment. The positive impacts discussed in the literature include urban core revitalization, employment generation and economic growth. The negative externalities comprise the formation of temporary sub-communities, competition with low-income groups in the rental housing market, and an increase in traffic volume. The current study adds to the literature by focusing ...

Wealth Effects on Household Final Consumption: Stock and Housing Market Channels

Directory of Open Access Journals (Sweden)

Yener Coskun

2018-06-01

Full Text Available The study primarily explores the linkage between wealth effects, arising from stock and housing market channels, and household final consumption for 11 advanced countries over the period from 1970 Q1 to 2015 Q4. As a modelling strategy, we employ regression analysis through the common correlated effects mean group (CCEMG estimator, as well as Durbin–Hausman cointegration and Dumitrescu and Hurlin (2012 causality tests. The study provides various pieces of evidence through whole-panel and country-level analyses. In this respect, we find that consumption is mostly explained by income and housing wealth is positively and significantly correlated with consumption. As counter-intuitive evidence, we detect a negative linkage between consumption and stock wealth. The evidence also suggests a long-run cointegration relationship among consumption, income, interest rates, housing wealth, and stock wealth. Moreover, we find bidirectional causality between consumption and income, stock wealth, housing wealth, and interest rates. Overall, the evidence implies that housing wealth, rather than stock wealth, is the primary source of consumption growth in advanced countries.

Predicting downturns in the US housing market: a Bayesian approach [Conference presentation

CSIR Research Space (South Africa)

Gupta, R

2008-10-01

Full Text Available stream_source_info Gupta1_2008.pdf.txt stream_content_type text/plain stream_size 13351 Content-Encoding ISO-8859-1 stream_name Gupta1_2008.pdf.txt Content-Type text/plain; charset=ISO-8859-1 Background and Motivation... (Economics), University of Pretoria 2Senior Researcher (Statistics), CSIR, Pretoria. SASA 2008 Gupta and Das Predicting downturns in US housing market Background and Motivation Models - VARs, BVARs and SBVARs Forecasting House Prices in the Twenty...

Modeling strategic investment decisions in spatial markets

International Nuclear Information System (INIS)

Lorenczik, Stefan; Malischek, Raimund

2014-01-01

Markets for natural resources and commodities are often oligopolistic. In these markets, production capacities are key for strategic interaction between the oligopolists. We analyze how different market structures influence oligopolistic capacity investments and thereby affect supply, prices and rents in spatial natural resource markets using mathematical programing models. The models comprise an investment period and a supply period in which players compete in quantities. We compare three models, one perfect competition and two Cournot models, in which the product is either traded through long-term contracts or on spot markets in the supply period. Tractability and practicality of the approach are demonstrated in an application to the international metallurgical coal market. Results may vary substantially between the different models. The metallurgical coal market has recently made progress in moving away from long-term contracts and more towards spot market-based trade. Based on our results, we conclude that this regime switch is likely to raise consumer rents but lower producer rents. The total welfare differs only negligibly.

Modeling strategic investment decisions in spatial markets

Energy Technology Data Exchange (ETDEWEB)

Lorenczik, Stefan; Malischek, Raimund [Koeln Univ. (Germany). Energiewirtschaftliches Inst.; Trueby, Johannes [International Energy Agency, 75 - Paris (France)

2014-04-15

Markets for natural resources and commodities are often oligopolistic. In these markets, production capacities are key for strategic interaction between the oligopolists. We analyze how different market structures influence oligopolistic capacity investments and thereby affect supply, prices and rents in spatial natural resource markets using mathematical programing models. The models comprise an investment period and a supply period in which players compete in quantities. We compare three models, one perfect competition and two Cournot models, in which the product is either traded through long-term contracts or on spot markets in the supply period. Tractability and practicality of the approach are demonstrated in an application to the international metallurgical coal market. Results may vary substantially between the different models. The metallurgical coal market has recently made progress in moving away from long-term contracts and more towards spot market-based trade. Based on our results, we conclude that this regime switch is likely to raise consumer rents but lower producer rents. The total welfare differs only negligibly.

The clash of rural-urban migrants and real estate investors on Phnom Penh's housing market: Prospects for garment workers

OpenAIRE

Buttmann, Vera

2017-01-01

Housing markets of large cities around the world, particularly in so-called developing and emerging countries, are currently experiencing a clash: On the one hand, large numbers of labour migrants arrive from rural areas and need cheap rental housing. On the other hand, international real estate investment, particularly in the upper market segment, is strong. The resulting mismatch of housing demand and supply increases segregation, marginalises the vulnerable and leads to massive urban devel...

House Price, House Quality and Economic Growth

NARCIS (Netherlands)

De Vries, P.; Boelhouwer, P.J.

2010-01-01

The literature on housing markets suggest that periods of economic growth are characterised by a demand for better housing quality and increasing prices. The basic principles of the theory are that the short-run price fluctuations occur due to market imperfection, while over the long term, causality

Spatial and Social Media Data Analytics of Housing Prices in Shenzhen, China.

Science.gov (United States)

Wu, Chao; Ye, Xinyue; Ren, Fu; Wan, You; Ning, Pengfei; Du, Qingyun

2016-01-01

Housing is among the most pressing issues in urban China and has received considerable scholarly attention. Researchers have primarily concentrated on identifying the factors that influence residential property prices and how such mechanisms function. However, few studies have examined the potential factors that influence housing prices from a big data perspective. In this article, we use a big data perspective to determine the willingness of buyers to pay for various factors. The opinions and geographical preferences of individuals for places can be represented by visit frequencies given different motivations. Check-in data from the social media platform Sina Visitor System is used in this article. Here, we use kernel density estimation (KDE) to analyse the spatial patterns of check-in spots (or places of interest, POIs) and employ the Getis-Ord [Formula: see text] method to identify the hot spots for different types of POIs in Shenzhen, China. New indexes are then proposed based on the hot-spot results as measured by check-in data to analyse the effects of these locations on housing prices. This modelling is performed using the hedonic price method (HPM) and the geographically weighted regression (GWR) method. The results show that the degree of clustering of POIs has a significant influence on housing values. Meanwhile, the GWR method has a better interpretive capacity than does the HPM because of the former method's ability to capture spatial heterogeneity. This article integrates big social media data to expand the scope (new study content) and depth (study scale) of housing price research to an unprecedented degree.

Spatial and Social Media Data Analytics of Housing Prices in Shenzhen, China.

Directory of Open Access Journals (Sweden)

Chao Wu

Full Text Available Housing is among the most pressing issues in urban China and has received considerable scholarly attention. Researchers have primarily concentrated on identifying the factors that influence residential property prices and how such mechanisms function. However, few studies have examined the potential factors that influence housing prices from a big data perspective. In this article, we use a big data perspective to determine the willingness of buyers to pay for various factors. The opinions and geographical preferences of individuals for places can be represented by visit frequencies given different motivations. Check-in data from the social media platform Sina Visitor System is used in this article. Here, we use kernel density estimation (KDE to analyse the spatial patterns of check-in spots (or places of interest, POIs and employ the Getis-Ord [Formula: see text] method to identify the hot spots for different types of POIs in Shenzhen, China. New indexes are then proposed based on the hot-spot results as measured by check-in data to analyse the effects of these locations on housing prices. This modelling is performed using the hedonic price method (HPM and the geographically weighted regression (GWR method. The results show that the degree of clustering of POIs has a significant influence on housing values. Meanwhile, the GWR method has a better interpretive capacity than does the HPM because of the former method's ability to capture spatial heterogeneity. This article integrates big social media data to expand the scope (new study content and depth (study scale of housing price research to an unprecedented degree.

Spatial Arrangement of Coastal Sama-Bajau Houses Based on Adjacency Diagram

Directory of Open Access Journals (Sweden)

Iziq Eafifi Ismail

2015-11-01

Full Text Available This research studies the diversification of space distribution in selected Sama-Bajau dwellings along the north coast of Sabah: Kudat and Pitas; and east coast of Sabah: Mabul Island. This study investigates the frequency of spatial arrangements in Sama-Bajau coastal houses as a preliminary step in understanding their ideal home based on the existing socio-culture and economic practice. Adjacency Distribution Diagram by Mushtaha et al (2011 is used for simpler and compact visual diagram that explains the space distribution in each house attended. This paper is exploratory and applies a qualitative method. This study suggests that the spatial distribution amongst coastal Sama-Bajau consists of Dynamic interconnectivity (Type A, linear configuration (Type B, Anarchy configuration (Type C and D and Modernist influence (Type E. The frequency of given types is found to weighs more on Type B, which is a linear configuration from the entrance towards guest area and ending up to the living area.

Spatial price transmission and market integration of Cistanthera ...

African Journals Online (AJOL)

Spatial price transmission and market integration of Cistanthera papaverifera species in ... Log in or Register to get access to full text downloads. ... the null hypothesis of non-stationarity at their levels at 1% and 5% significance level. ... This study concludes that sawn-wood marketing in Delta State have a high degree of ...

Heat Energy Markets: Trends of Spatial Organization

Directory of Open Access Journals (Sweden)

Olga Valeryevna Dyomina

2016-12-01

Full Text Available The author reviews competing forms of heat supply. It is shown that in Finland, Denmark, China and Russia the dominant form of heat supply is district heating system; in the United States and Canada the dominant form of heat supply is individual one. Using the countries’ data the author allocates 4 models of heat energy markets. The analysis is based on combinations of the following characteristics: the type of market, the orientation of market, the stage of market development, forms of state support of district heating systems and the approach to pricing. The results identified the failure of the current model of heat energy market in Russia (noncompetitive, manufacturer-oriented and evolved market with massive state support of its district heating system. The ‘target’ model of heat energy market in Russia is a model of noncompetitive, customer-oriented and evolved market with no state support of its district heating system. However, the ‘target’ model takes into account spatial heterogeneity of local heat energy markets in Russia only technically

Discrimination of tenants with a visual impairment on the housing market: Empirical evidence from correspondence tests.

Science.gov (United States)

Verhaeghe, Pieter-Paul; Van der Bracht, Koen; Van de Putte, Bart

2016-04-01

According to the social model of disability, physical 'impairments' become disabilities through exclusion in social relations. An obvious form of social exclusion might be discrimination, for instance on the rental housing market. Although discrimination has detrimental health effects, very few studies have examined discrimination of people with a visual impairment. We aim to study (1) the extent of discrimination of individuals with a visual impairment on the rental housing market and (2) differences in rates of discrimination between landowners and real estate agents. We conducted correspondence tests among 268 properties on the Belgian rental housing market. Using matched tests, we compared reactions by realtors and landowners to tenants with and tenants without a visual impairment. The results show that individuals with a visual impairment are substantially discriminated against in the rental housing market: at least one in three lessors discriminate against individuals with a visual impairment. We further discern differences in the propensity toward discrimination according to the type of lessor. Private landlords are at least twice as likely to discriminate against tenants with a visual impairment than real estate agents. At the same time, realtors still discriminate against one in five tenants with a visual impairment. This study shows the substantial discrimination against visually people with an impairment. Given the important consequences discrimination might have for physical and mental health, further research into this topic is needed. Copyright © 2016 Elsevier Inc. All rights reserved.

Analysis of Marketing and Customer Satisfaction in Base Housing Communities of the Monterey Bay Area

Science.gov (United States)

2011-06-01

in Seattle, Washington. The company claims to be based on four basic principles : “exceptional people, strong customer service, market knowledge, and...FtOrd.html Keller, K., & Kotler , P. (2009). A framework for marketing management. Upper Saddle River, NJ: Pearson Education, Inc. Office of...SUBTITLE Analysis of Marketing and Customer Satisfaction in Base Housing Communities of the Monterey Bay Area 5. FUNDING NUMBERS 6. AUTHOR(S

Marketing Approach to Management of Spatial Development

Directory of Open Access Journals (Sweden)

Daniil Petrovich Frolov

2013-06-01

Full Text Available Marketing of territories is a modern mechanism of management of spatial entities› development (cities, regions, etc., which is based on the principles of regulated self-organization and cultivation of self-generating trends. In this paper territories are considered as socially responsible multistakeholder quasi-corporations that produce specific goods and promote their own brands. But it is not clear yet what marketing of territories is – the function or ideology of regional administration? How do regional marketing and branding correlate? What is «the product of the territory» and who are its› consumers? Why are instituting territorial goods so important? How do the traditional socio- economic development strategy and marketing strategy of the region relate? What is the action mechanism of the regional marketing? The article presents the author›s answers to these and other issues of theory and practice of regional marketing in the context of new methodological approaches

Exploring the spatial variation in quality-adjusted rental prices and identifying hot spots in Berlin’s residential property market

DEFF Research Database (Denmark)

Meulen, Philipp an de; Mitze, Timo Friedel

2014-01-01

In this work, we use residual values obtained from an estimated hedonic pricing model to assess the role of district-level neighbourhood effects for the spatial variation in quality-adjusted rental prices in Berlin between 2008 and 2013. By doing so, we also aim at identifying hot and cold spots ...... analysis (ESDA) toolbox, we finally pinpoint particular hot spots of the city’s residential property market associated with a significant spatial clustering of similar rental price values around individual observations....... proximity to the city centre compared to similar properties in Berlin’s periphery once we control for the properties’ physical characteristics. The observed temporal evolution of the rental price distribution between 2008 and 2013 thereby hints at an ongoing gentrification process in Germany’s capital...... associated with the current housing market boom. This visual impression is also confirmed by the application of quantile regressions for a correlation analysis between quality-adjusted rental price values and Berlin district-level characteristics obtained from the last census in 2011. Among other factors, we...

Mezinárodní konference ENHR 09 – Prague Changing Housing Markets: Integration and Segmentation

Czech Academy of Sciences Publication Activity Database

Lux, Martin; Vojtková, Michaela

2009-01-01

Roč. 45, č. 5 (2009), s. 1141-1142 ISSN 0038-0288. [ENHR 09 Prague: Changing Housing Markets : Integration and Segmentation. Praha, 28.06.2009-01.07.2009] Institutional research plan: CEZ:AV0Z70280505 Keywords : international conference * housing * integration Subject RIV: AO - Sociology, Demography Impact factor: 0.562, year: 2009 www.enhr2009.cz

Risk shocks and housing markets

OpenAIRE

Dorofeenko, Viktor; Lee, Gabriel S.; Salyer, Kevin D.

2010-01-01

Abstract: This paper analyzes the role of uncertainty in a multi-sector housing model with financial frictions. We include time varying uncertainty (i.e. risk shocks) in the technology shocks that affect housing production. The analysis demonstratesthat risk shocks to the housing production sector are a quantitatively important impulse mechanism for the business cycle. Also, we demonstrate that bankruptcy costs act as an endogenous markup factor in housing prices; as a consequence, the volati...

Patterns of residential crowding among Hispanics in later life: immigration, assimilation, and housing market factors.

Science.gov (United States)

Burr, Jeffrey A; Mutchler, Jan E; Gerst, Kerstin

2010-11-01

We describe patterns of residential crowding among older Hispanics and non-Hispanic Whites. We also examine hypotheses about the relationship of residential crowding with assimilation (language and duration of residence) and housing market characteristics. We employ a multilevel research design, using data from the 2000 U.S. Census of Population. Hierarchical linear models are utilized to estimate the association between residential crowding and both individual and housing market factors. Approximately one third of older Hispanics in metropolitan areas live in crowded housing compared with only one tenth of older non-Hispanic Whites. Foreign-born older persons report higher levels of crowding than U.S.-born older persons. Residential crowding differences between older Hispanics and non-Hispanics are not eliminated after controls are included. Older Hispanics who report better English language skills and a longer duration of residence in the United States live in less crowded housing. We do not find evidence for a relationship between crowding and residential segregation, but we find consistent evidence for an association between residential crowding and relative size of the Hispanic population. The forces that shape household composition and access to housing among older Hispanics appear to result in higher levels of residential crowding for this population.

The Regime Shift Associated with the 2004–2008 US Housing Market Bubble

Science.gov (United States)

Cheong, Siew Ann

2016-01-01

The Subprime Bubble preceding the Subprime Crisis of 2008 was fueled by risky lending practices, manifesting in the form of a large abrupt increase in the proportion of subprime mortgages issued in the US. This event also coincided with critical slowing down signals associated with instability, which served as evidence of a regime shift or phase transition in the US housing market. Here, we show that the US housing market underwent a regime shift between alternate stable states consistent with the observed critical slowing down signals. We modeled this regime shift on a universal transition path and validated the model by estimating when the bubble burst. Additionally, this model reveals loose monetary policy to be a plausible cause of the phase transition, implying that the bubble might have been deflatable by a timely tightening of monetary policy. PMID:27583633

A spatial mean-variance MIP model for energy market risk analysis

International Nuclear Information System (INIS)

Yu, Zuwei

2003-01-01

The paper presents a short-term market risk model based on the Markowitz mean-variance method for spatial electricity markets. The spatial nature is captured using the correlation of geographically separated markets and the consideration of wheeling administration. The model also includes transaction costs and other practical constraints, resulting in a mixed integer programming (MIP) model. The incorporation of those practical constraints makes the model more attractive than the traditional Markowitz portfolio model with continuity. A case study is used to illustrate the practical application of the model. The results show that the MIP portfolio efficient frontier is neither smooth nor concave. The paper also considers the possible extension of the model to other energy markets, including natural gas and oil markets

A spatial mean-variance MIP model for energy market risk analysis

International Nuclear Information System (INIS)

Zuwei Yu

2003-01-01

The paper presents a short-term market risk model based on the Markowitz mean-variance method for spatial electricity markets. The spatial nature is captured using the correlation of geographically separated markets and the consideration of wheeling administration. The model also includes transaction costs and other practical constraints, resulting in a mixed integer programming (MIP) model. The incorporation of those practical constraints makes the model more attractive than the traditional Markowitz portfolio model with continuity. A case study is used to illustrate the practical application of the model. The results show that the MIP portfolio efficient frontier is neither smooth nor concave. The paper also considers the possible extension of the model to other energy markets, including natural gas and oil markets. (author)

A spatial mean-variance MIP model for energy market risk analysis

Energy Technology Data Exchange (ETDEWEB)

Zuwei Yu [Purdue University, West Lafayette, IN (United States). Indiana State Utility Forecasting Group and School of Industrial Engineering

2003-05-01

The paper presents a short-term market risk model based on the Markowitz mean-variance method for spatial electricity markets. The spatial nature is captured using the correlation of geographically separated markets and the consideration of wheeling administration. The model also includes transaction costs and other practical constraints, resulting in a mixed integer programming (MIP) model. The incorporation of those practical constraints makes the model more attractive than the traditional Markowitz portfolio model with continuity. A case study is used to illustrate the practical application of the model. The results show that the MIP portfolio efficient frontier is neither smooth nor concave. The paper also considers the possible extension of the model to other energy markets, including natural gas and oil markets. (author)

A spatial mean-variance MIP model for energy market risk analysis

Energy Technology Data Exchange (ETDEWEB)

Yu, Zuwei [Indiana State Utility Forecasting Group and School of Industrial Engineering, Purdue University, Room 334, 1293 A.A. Potter, West Lafayette, IN 47907 (United States)

2003-05-01

The paper presents a short-term market risk model based on the Markowitz mean-variance method for spatial electricity markets. The spatial nature is captured using the correlation of geographically separated markets and the consideration of wheeling administration. The model also includes transaction costs and other practical constraints, resulting in a mixed integer programming (MIP) model. The incorporation of those practical constraints makes the model more attractive than the traditional Markowitz portfolio model with continuity. A case study is used to illustrate the practical application of the model. The results show that the MIP portfolio efficient frontier is neither smooth nor concave. The paper also considers the possible extension of the model to other energy markets, including natural gas and oil markets.

Spatial Price Discovery, Dynamics, and Leadership in Evolving Distiller’s Grain Markets

OpenAIRE

Van Winkle, Tyler W.; Schroeder, Ted C.

2008-01-01

Recent dramatic growth in corn-based bio-refining has generated considerable growth in the by-product of this process, distiller’s grains. Distiller’s grains are rapidly becoming important livestock feed ingredient sources. However, little public market information is available on distiller’s grain. This study determines spatial and temporal price relationships among distiller’s grain markets. Results indicate spatial distiller’s grain markets operate somewhat independently suggesting potenti...

State-led gentrification and the changing geography of market-oriented housing policies

NARCIS (Netherlands)

Hochstenbach, C.

2017-01-01

Governments in a wide range of contexts have long pursued policies of social mixing to disperse poverty concentrations, attract middle class residents, and manage disadvantaged neighbourhoods. Drawing on longitudinal and spatial housing data for the case of Amsterdam, this paper shows that the

Situation-Based Housing

DEFF Research Database (Denmark)

Duelund Mortensen, Peder

2011-01-01

Presentation of urban housing research on flexible housing types in the Copenhagen Region: Theoretical background, methodology, analyse of spatial organization, interviews and results. Cases: Pærehaven in Ølby, Køge and M-house in Ørestad, Copenhagen......Presentation of urban housing research on flexible housing types in the Copenhagen Region: Theoretical background, methodology, analyse of spatial organization, interviews and results. Cases: Pærehaven in Ølby, Køge and M-house in Ørestad, Copenhagen...

Appraisal of the adequacy of the application of customer-driven marketing strategies to the Nigeria National Housing Fund scheme

Directory of Open Access Journals (Sweden)

Chuka Uzoma Ifediora

2015-07-01

Full Text Available This study appraised the adequacy of the application of customer-driven marketing strategies to the Nigeria National Housing Fund (NHF scheme. The study objective was to assess the adequacy of the application of market segmentation, targeting, differentiation and positioning by the NHF implementers. The study adopted descriptive and exploratory research designs. Various offices of the Federal Mortgage Bank of Nigeria (the implementers of the NHF scheme in Abuja, Lagos, PortHarcourt, Ibadan and Enugu, as well as the 19 state/ district offices in these zones were studied. The study population comprised 201 management staff and officers in these offices. A census was carried out, considering the size of the population and the nature of the investigation. Structured questionnaire was used to collect data for this study. Analysis of variance (ANOVA was used to test the formulated hypothesis at 5% level of significance. The hypothesis test revealed that the application of market segmentation, targeting, differentiation and positioning by the NHF implementers is not adequate (Fcal = 95.239, p = 0.000 < 0.05. Following the finding, it is concluded that there is a low level of application of customer-driven marketing strategies in the National Housing Fund (NHF implementation. In line with the finding and conclusion of this study, it is recommended that the adoption and application of the customer-driven marketing strategies model for housing development programmes will aid the successful implementation of housing development programmes, thus leading to a substantial reduction in housing deficit level.

Ethnic and gender discrimination in the private rental housing market in Finland: A field experiment.

Directory of Open Access Journals (Sweden)

Annamaria Öblom

Full Text Available Ethnic and gender discrimination in a variety of markets has been documented in several populations. We conducted an online field experiment to examine ethnic and gender discrimination in the private rental housing market in Finland. We sent 1459 inquiries regarding 800 apartments. We compared responses to standardized apartment inquiries including fictive Arabic-sounding, Finnish-sounding or Swedish-sounding female or male names. We found evidence of discrimination against Arabic-sounding names and male names. Inquiries including Arabic-sounding male names had the lowest probability of receiving a response, receiving a response to about 16% of the inquiries made, while Finnish-sounding female names received a response to 42% of the inquires. We did not find any evidence of the landlord's gender being associated with the discrimination pattern. The findings suggest that both ethnic and gender discrimination occur in the private rental housing market in Finland.

Ethnic and gender discrimination in the private rental housing market in Finland: A field experiment.

Science.gov (United States)

Öblom, Annamaria; Antfolk, Jan

2017-01-01

Ethnic and gender discrimination in a variety of markets has been documented in several populations. We conducted an online field experiment to examine ethnic and gender discrimination in the private rental housing market in Finland. We sent 1459 inquiries regarding 800 apartments. We compared responses to standardized apartment inquiries including fictive Arabic-sounding, Finnish-sounding or Swedish-sounding female or male names. We found evidence of discrimination against Arabic-sounding names and male names. Inquiries including Arabic-sounding male names had the lowest probability of receiving a response, receiving a response to about 16% of the inquiries made, while Finnish-sounding female names received a response to 42% of the inquires. We did not find any evidence of the landlord's gender being associated with the discrimination pattern. The findings suggest that both ethnic and gender discrimination occur in the private rental housing market in Finland.

Endogenous Price Bubbles in a Multi-Agent System of the Housing Market.

Science.gov (United States)

Kouwenberg, Roy; Zwinkels, Remco C J

2015-01-01

Economic history shows a large number of boom-bust cycles, with the U.S. real estate market as one of the latest examples. Classical economic models have not been able to provide a full explanation for this type of market dynamics. Therefore, we analyze home prices in the U.S. using an alternative approach, a multi-agent complex system. Instead of the classical assumptions of agent rationality and market efficiency, agents in the model are heterogeneous, adaptive, and boundedly rational. We estimate the multi-agent system with historical house prices for the U.S. market. The model fits the data well and a deterministic version of the model can endogenously produce boom-and-bust cycles on the basis of the estimated coefficients. This implies that trading between agents themselves can create major price swings in absence of fundamental news.

Endogenous Price Bubbles in a Multi-Agent System of the Housing Market.

Directory of Open Access Journals (Sweden)

Roy Kouwenberg

Full Text Available Economic history shows a large number of boom-bust cycles, with the U.S. real estate market as one of the latest examples. Classical economic models have not been able to provide a full explanation for this type of market dynamics. Therefore, we analyze home prices in the U.S. using an alternative approach, a multi-agent complex system. Instead of the classical assumptions of agent rationality and market efficiency, agents in the model are heterogeneous, adaptive, and boundedly rational. We estimate the multi-agent system with historical house prices for the U.S. market. The model fits the data well and a deterministic version of the model can endogenously produce boom-and-bust cycles on the basis of the estimated coefficients. This implies that trading between agents themselves can create major price swings in absence of fundamental news.

Endogenous Price Bubbles in a Multi-Agent System of the Housing Market

Science.gov (United States)

2015-01-01

Economic history shows a large number of boom-bust cycles, with the U.S. real estate market as one of the latest examples. Classical economic models have not been able to provide a full explanation for this type of market dynamics. Therefore, we analyze home prices in the U.S. using an alternative approach, a multi-agent complex system. Instead of the classical assumptions of agent rationality and market efficiency, agents in the model are heterogeneous, adaptive, and boundedly rational. We estimate the multi-agent system with historical house prices for the U.S. market. The model fits the data well and a deterministic version of the model can endogenously produce boom-and-bust cycles on the basis of the estimated coefficients. This implies that trading between agents themselves can create major price swings in absence of fundamental news. PMID:26107740

EFFECT OF INTERNET MARKETING ON THE PURCHASE PATTERN OF THE HOUSE-HOLDS OF TOWNS IN JABALPUR

OpenAIRE

Uma V.P.Shrivastava; Dilip Singh Hazari

2014-01-01

Combining the traditional methods with online information marketers has discovered a successful marketing pattern. The traditional marketing methods of print, television, and direct mailings are being complemented with the use of e-marketing strategies; thus saving time and money. Over the last two decades it has been noticed that the human lifestyles are changing faster than their thoughts. This study is focused on the middle income house-holds with a monthly income ranging from 30k to 60k. ...

Housing market volatility in the OECD area: Evidence from VAR based return decompositions

DEFF Research Database (Denmark)

Engsted, Tom; Pedersen, Thomas Quistgaard

. For the majority of countries news about future returns is the main driver, and both real interest rates and risk premia play an important role in accounting for housing market volatility. Bivariate cross-country correlations and principal components analyses indicate that part of the return movements have......Vector-autoregressive models are used to decompose housing returns in 18 OECD countries into cash ‡ow (rent) news and discount rate (return) news. Only for two countries - Germany and Ireland - do changing expectations of future rents play a dominating role in explaining housing return volatility...... a common factor among the majority of countries. However, in a minority of countries (Germany, Japan, and the Netherlands) return movements have been basically unrelated to return movements in other countries....

The Housing Finance Revolution

OpenAIRE

Richard K. Green; Susan M. Wachter

2007-01-01

While other countries dismantled their segmented housing finance systems and linked housing finance to capital markets through deregulated depositories, the US linked housing finance to capital markets through depository deregulation and securitization. Elsewhere securitization has not developed. The US provided the underpinnings for its mortgage security infrastructure with the creation of FNMA in 1938 and in order to create liquidity in the mortgage market required the standardization of mo...

Local and global analysis of a speculative housing market with production lag

Science.gov (United States)

Campisi, Giovanni; Naimzada, Ahmad K.; Tramontana, Fabio

2018-05-01

We extend the model of Dieci and Westerhoff [J. Evol. Econ. 22(2), 303-329 (2012)], where the authors analyse a speculative housing market populated by heterogeneous interacting agents described by a two dimensional nonlinear discrete time dynamical system. They show the emergence of complicated dynamics through the occurrence of bifurcations for particular parameter combinations. We enlarge their model in several ways. On one hand, we introduce time lag in the supply side and we consider two new scenarios characterised by agents' expectations formation. First, naive expectations instead of perfect foresight are considered, while in the second scenario, we study a mix between the model of Dieci and Westerhoff [J. Evol. Econ. 22(2), 303-329 (2012)] and the one we propose. As a consequence, we, analytically and numerically, explain the appearance of instability in the housing market providing conditions on the parameters that lead to a bifurcation. On the other hand, thanks to further numerical simulations, we conduct a global analysis providing the structure of the basin of attractions of the map showing coexistence of attractors.

The Special Importance of Housing Policy for the Housing Situation of Ethnic Minorities

DEFF Research Database (Denmark)

Andersen, Hans Skifter; Magnusson Turner, Lena; Søholt, Susanne

The purpose of this article is to uncover, whether housing policy has a special importance for immigrants, compared with the whole population, by comparing housing policies and immigrants’ housing outcomes in four Nordic countries: Denmark, Finland, Norway and Sweden. There are substantial...... population varies much. These differences can only to some extent be explained by income inequalities on the housing markets in the countries, inequalities that affect immigrants. Other important explanations of why immigrants perform worse on the housing market is the shortage of rental housing (Norway......’ housing options are strict needs test for social/public housing (Finland)....

The Special Importance of Housing Policy for the Housing Situation of Ethnic Minorities

DEFF Research Database (Denmark)

Andersen, Hans Skifter; Turner, Lena Magnusson; Søholt, Susanne

2013-01-01

The purpose of this article is to uncover, whether housing policy has a special importance for immigrants, compared with the whole population, by comparing housing policies and immigrants’ housing outcomes in four Nordic countries: Denmark, Finland, Norway and Sweden. There are substantial...... population varies much. These differences can only to some extent be explained by income inequalities on the housing markets in the countries, inequalities that affect immigrants. Other important explanations of why immigrants perform worse on the housing market is the shortage of rental housing (Norway......’ housing options are strict needs test for social/public housing (Finland)....

On The Economics of Energy Labels in the Housing Market

Energy Technology Data Exchange (ETDEWEB)

Brounen, D. [Erasmus University, Rotterdam (Netherlands); Kok, N. [Maastricht University, Maastricht (Netherlands)

2010-08-15

The residential housing market can play an important role in the reduction of global carbon emissions. This paper reports the first evidence on the market adoption and economic implications of energy performance certificates implemented by the European Union. The results show that adoption rates are low and declining over time, coinciding with negative sentiment regarding the label in the popular media. Labels are clustered among smaller, post-war homes in neighborhoods with more difficult selling conditions. We also document that the adoption rates of energy labels have a positive relation to the number of 'green' voters during the 2006 national elections. Within the sample of labeled homes, the energy label creates transparency in the energy performance of dwellings. Our analysis shows that consumers capitalize this information into the price of their prospective homes.

Evolving impact of the auction houses in Turkish contemporary art market

OpenAIRE

Kaya, Güldehen

2017-01-01

There are vital institutions serving theproduction, distrubution and consumption of the contemporary art works andconstituting the value of art. One of those institutions, an Auction House, asbeing solely a commercial entity, directly affects the perception of the artvalue via pricing. However, market value is not necessarily a fair andsufficient indicator and does not necessarily correspond to the artist’s careerpath. According to the artists, the perception of value attributed by thatprice ...

Ethnic Housing Segregation and the Roma/Gypsy population

DEFF Research Database (Denmark)

Alves, Sonia

during phases of advanced urban decline, the existence of ethnic enclaves and concentrated poverty has led to housing demolition and rehousing, in many cases with controversial results. The relevance of the link between ethnic segregation and integration is known. On the one hand, people create......Questions of spatial segregation and over-representation of ethnic minority groups with weak connections to the labour market are central to the political and policy agenda across Europe and academic studies in the fields of housing and urban regeneration. In some countries, the spatial...... review literature that presents the empirical results of research conducted in different locations of Portugal but has in common processes of rehousing of the Gypsy/Roma population in urban areas. I compare these results with those I obtained in field work in Porto where I interviewed Gypsy/Roma people...

Analysis of Housing Development Activity in Poland from 2005-2014

Directory of Open Access Journals (Sweden)

Cellmer Radosław

2016-12-01

Full Text Available The growth of both the construction market and the property market depends on various macroeconomic and legal factors, as well as on demographic, institutional, stock and local conditions. The aim of this research was to determine the spatial differentiation, dynamics and determinants of housing development activity in Poland in the context of historical and current legal conditions. This activity was measured, first of all, by the number of construction contracts and the number of completed buildings and dwelling units.

Social Housing Organisations in England and The Netherlands: Between the State, Market and Community

Directory of Open Access Journals (Sweden)

Darinka Czischke

2017-11-01

Full Text Available Rapid and deep changes in society, the economy and policy over the last decades
are having an increasing impact on the delivery of social housing in North Western Europe. These changes are transforming the way in which social housing providers perform their task and are reshaping their relationships with the State, communities and with other market actors. The combination of continued State withdrawal from service provision, the deep and persistent effects of the global financial crisis that begun in 2008 and profound changes in the type of demand for social housing across North Western Europe call for a reflection on the implications of these phenomena
for social housing providers. Several studies indicate that social housing providers in Europe have begun to adopt new (social entrepreneurial strategies and are becoming more innovative as a response to these challenges. These strategies imply tackling the tensions between (at times conflicting drivers, notably those arising from the State, the market and communities. However, research in this topic so far is fragmented, focussing on one country or on specific sub-areas such as asset management and non- housing activities and rarely connects with the relevant wider literature on the third sector and social enterprise. Within this context, this PhD research has sought to widen this discussion by providing new insights through a comparative study of the ways in which individual social housing providers are relating to (i.e. responding to and influencing these contextual changes. More specifically, the research sought to better understand the complex process of decision-making these companies undergo to manage their responses to competing drivers. Companies operating in two countries (England and The Netherlands were studied in-depth. In both countries, the social rental sector has played a prominent role in their respective welfare states for decades. While both are amongst countries with the

Disagreement in the Norwegian housing market

OpenAIRE

Wingate, Alexander; Svensen, Michael

2016-01-01

Do differences of opinion affect house prices? This thesis investigates how disagreement affects house prices and housing turnover. We construct a disagreement index using household’s beliefs on future house price developments. The main contribution of this study is that the household survey captures real expectations in contrast to many similar studies that use analyst forecasts or volatility based measures. This study finds that higher disagreement is significantly associated wi...

Few Aspects Regarding the Promotional Tools Used in the Marketing Activity of Publishing Houses

Directory of Open Access Journals (Sweden)

Silvia Muhcina

2016-01-01

Full Text Available As they operate in an increasingly turbulent environment, modern organizations have toorganize their activity in such a way that they meet the needs of their target audience as well, asquicker and as appropriate as possible, that they meet the consumers’ demand and that theyachieve a profitable and positively perceived existence. Alongside other categories of goods andservices suppliers, publishing houses are organizations that operate in an intensely competitivemarket. Through their specifics, publishing houses target specific categories of audience, not onlyinstitutions and enterprises (such as: public and private libraries, educational institutions, othertypes of cultural institutions etc., but also individuals. Consequently, publishing houses have todesign, target and promote their offer so that they meet the demand for this specific type of culturalconsumption in an appropriate manner. The purpose of this paper is to present the main techniquesand tools used by publishing houses to implement communicational marketing activities.

Integrating housing and long-term care services for the elderly: a social marketing approach.

Science.gov (United States)

Moore, S T

1991-01-01

Subsidized senior high-rise apartments have tended to neglect the needs of an increasingly aged and frail resident population. Research demonstrates that this population has greater unmet needs than elderly who reside in traditional community housing. This paper makes the case for a vertically integrated marketing approach to serving the elderly. Such an approach would combine housing and community based long-term care services into a single system of care. Enriched senior high-rise apartments are a viable alternative for elders who need assistance in order to maintain an independent lifestyle.

7 CFR 3560.104 - Fair housing.

Science.gov (United States)

2010-01-01

... DIRECT MULTI-FAMILY HOUSING LOANS AND GRANTS Borrower Management and Operations Responsibilities § 3560... Housing Marketing Plan. (1) Borrowers with housing projects that have four or more rental units must prepare and maintain an Affirmative Fair Housing Marketing Plan (AFHMP) as defined in 24 CFR part 200...

Spatial and temporal distribution of house infestation by Triatoma infestans in the Toro Toro municipality, Potosi, Bolivia.

Science.gov (United States)

Espinoza Echeverria, Jorge; Rodriguez, Antonio Nogales; Cortez, Mirko Rojas; Diotaiuti, Liléia Gonçalves; Gorla, David E

2017-02-02

Triatoma infestans is the main vector of Trypanosoma cruzi in Bolivia. The species is present both in domestic and peridomestic structures of rural areas, and in wild ecotopes of the Andean valleys and the Great Chaco. The identification of areas persistently showing low and high house infestation by the vector is important for the management of vector control programs. This study aimed at analyzing the temporal and spatial distribution of house infestation by T. infestans in the Toro Toro municipality (Potosi, Bolivia) between 2009 and 2014, and its association with environmental variables. House infestation and T. infestans density were calculated from entomological surveys of houses in the study area, using a fixed-time effort sampling technique. The spatial heterogeneity of house infestation was evaluated using the SatScan statistic. Association between house infestation with Bioclim variables (Worldclim database) and altitude was analyzed using a generalized linear model (GLM) with a logit link. Model selection was based on the Akaike information criteria after eliminating collinearity between variables using the variable inflation factor. The final model was used to create a probability map of house infestation for the Toro Toro municipality. A total of 73 communities and 16,489 house evaluation events were analyzed. Presence of T. infestans was recorded on 480 house evaluation events, giving an overall annual infestation of 2.9% during the studied period (range 1.5-5.4% in 2009 and 2012). Vector density remained at about 1.25 insects/ house. Infestation was highly aggregated in five clusters, including 11 communities. Relative risk of infestation within these clusters was 1.7-3.9 times the value for the regional average. Four environmental variables were identified as good descriptors of house infestation, explaining 57% of house infestation variability. The model allowed the estimation of a house infestation surface for the Toro Toro municipality. This

Populational fluctuation and spatial distribution of Alphitobius diaperinus (Panzer) (Coleoptera; Tenebrionidae) in a poultry house, Cascavel, Parana state, Brazil.

Science.gov (United States)

Chernaki-Leffer, A M; Almeida, L M; Sosa-Gómez, D R; Anjos, A; Vogado, K M

2007-05-01

Knowledge of the population fluctuation and spatial distribution of pests is fundamental for establishing an appropriate control method. The population fluctuation and spatial distribution of the Alphitobius diaperinus in a poultry house in Cascavel, in the state of Parana, Brazil, was studied between October, 2001 and October 2002. Larvae and adults of the lesser mealworm were sampled weekly using Arends tube traps (n = 22) for six consecutive flock grow-outs. The temperature of the litter and of the poultry house was measured at the same locations of the tube traps. Beetle numbers increased continuously throughout all the sampling dates (average 5,137 in the first week and 18,494 insects on the sixth week). Significantly greater numbers of larvae were collected than adults (1 to 20 times in 95% of the sampling points). There was no correlation between temperature and the number of larvae and adults collected, therefore no fluctuation was observed during the sampling period. The population growth was correlated to litter re-use. The highest temperatures were observed in deep litter. The spatial distribution of larvae and adults in the poultry house was heterogeneous during the whole period of evaluation. Results suggest that monitoring in poultry houses is necessary prior to adopting and evaluating control measures due to the great variability of the insect distribution in the poultry house.

Populational fluctuation and spatial distribution of Alphitobius diaperinus (Panzer (Coleoptera; Tenebrionidae in a poultry house, Cascavel, Parana state, Brazil

Directory of Open Access Journals (Sweden)

AM. Chernaki-Leffer

Full Text Available Knowledge of the population fluctuation and spatial distribution of pests is fundamental for establishing an appropriate control method. The population fluctuation and spatial distribution of the Alphitobius diaperinus in a poultry house in Cascavel, in the state of Parana, Brazil, was studied between October, 2001 and October 2002. Larvae and adults of the lesser mealworm were sampled weekly using Arends tube traps (n = 22 for six consecutive flock grow-outs. The temperature of the litter and of the poultry house was measured at the same locations of the tube traps. Beetle numbers increased continuously throughout all the sampling dates (average 5,137 in the first week and 18,494 insects on the sixth week. Significantly greater numbers of larvae were collected than adults (1 to 20 times in 95% of the sampling points. There was no correlation between temperature and the number of larvae and adults collected, therefore no fluctuation was observed during the sampling period. The population growth was correlated to litter re-use. The highest temperatures were observed in deep litter. The spatial distribution of larvae and adults in the poultry house was heterogeneous during the whole period of evaluation. Results suggest that monitoring in poultry houses is necessary prior to adopting and evaluating control measures due to the great variability of the insect distribution in the poultry house.

The credit crunch : Impacts on the housing market and policy responses in the Netherlands

NARCIS (Netherlands)

Priemus, H.

2009-01-01

This contribution deals with the impact of the credit crunch on the Dutch housing market and the policy responses of the Dutch government so far. Reinhart and Rogoff have presented an overview of credit crises after WW II: what are the general characteristics and impacts? Also in the Netherlands,

Innovativeness in housing construction and the role of the Housing Fund: From residence to an integral living environment

Directory of Open Access Journals (Sweden)

Zdravko Mlinar

2008-01-01

Full Text Available This article attempts to contribute to clarification of the conditions and actors impacting innovativeness in housing construction and the management of space. It concentrates on the role of the Slovenian national Housing Fund, which is too restricted and lacks appropriate legal bases and means, and also – according to some evaluations – the aspiration to assert its innovative and developmental role. The Fund is focussed on the financial-economic aspects of providing non-profit housing and housing for the market. Currently attention is primarily directed towards its legal-organizational structure and its transformation into an independent company. This neglects broader consideration of socio-spatial change, developmental directions and values in the context of the information age (Lisbon Strategy, which call for innovative sociological, architectural and urbanistic solutions. Mindsets, legal norms and institutions in Slovenia are lagging behind these changes. Thus, housing is still mainly treated as a discrete segment. In order to perform their task in this new framework, which demands more integral treatment of the everyday living environment and reintegration of living, work and recreation, the mandate of the housing funds must no longer be confined merely to housing. Several examples of innovative design as well as their limitations are presented, together with examples of good international practice.

Using the Spatial Distribution of Installers to Define Solar Photovoltaic Markets

Energy Technology Data Exchange (ETDEWEB)

O' Shaughnessy, Eric [National Renewable Energy Lab. (NREL), Golden, CO (United States); Nemet, Gregory F. [Univ. of Wisconsin, Madison, WI (United States); Darghouth, Naim [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

2016-09-01

Solar PV market research to date has largely relied on arbitrary jurisdictional boundaries, such as counties, to study solar PV market dynamics. This paper seeks to improve solar PV market research by developing a methodology to define solar PV markets. The methodology is based on the spatial distribution of solar PV installers. An algorithm is developed and applied to a rich dataset of solar PV installations to study the outcomes of the installer-based market definitions. The installer-based approach exhibits several desirable properties. Specifically, the higher market granularity of the installer-based approach will allow future PV market research to study the relationship between market dynamics and pricing with more precision.

Capital Gains Taxation and House Price Fluctuations

DEFF Research Database (Denmark)

Fuest, Clemens; Nielsen, Søren Bo

2004-01-01

Recent years have seen large swings in house prices in many countries. Motivated by housing price variations, proposals for taxing capital gains on housing have repeatedly been put forth. The idea seems to be that such taxes would curb the redistribution occurring between those owning houses...... and those trying to get into the market for owner-occupied housing. Our paper shows that at least in simple settings, a tax on real capital gains on housing will only lead to even bigger price swings and will not be able to redistribute between people appearing on either side of the housing market.......Keywords: capital gains tax, housing market, price fluctuationsJEL-Classification: H23, H24, R 31.Addresses:...

TARP Monthly Housing Scorecard

Data.gov (United States)

Department of the Treasury — Treasury and the U.S. Department of Housing and Urban Development (HUD) jointly produce a Monthly Housing Scorecard on the health of the nation’s housing market. The...

LESS SPACE, MORE SPATIALITY FOR LOW-INCOME HOUSING UNITS IN EGYPT: IDEAS FROM JAPAN

Directory of Open Access Journals (Sweden)

Nermine Abdel Gelil

2011-07-01

Full Text Available In 1996, the Egyptian government launched a national housing project for low-income families. To minimize cost, it has progressively reduced units’ sizes. Numerous surveys indicate that unit specifications were based on political and economic criteria, rather than on users’ needs, which resulted in the recurrence of the persistent phenomenon of individual modifications. A number of scholars and architects concerned with this phenomenon are advocating the revival of the social design principles of traditional Cairene houses (16th –19th century after adapting them to contemporary needs. However, they provide no concrete solutions as to how to achieve this in small-scale units located in multi-storey buildings. During my research in Japan, I was introduced to traditional middle class urban houses. Their practical designs used to resolve issues of privacy, internal flexibility, storage, and family growth can be beneficially applied to housing units in Egypt. This paper first explains why relying solely on traditional housing designs to resolve social issues associated with low-income units in Egypt is both fanciful and incomplete, then discusses why ideas from Japanese homes can be beneficially applied to low-income housing units in Egypt. Third, this paper examines issues in these units and the resultant modifications by Egyptian households. Next, it analyzes concepts of spatial organization, modular systems, partitioning, and storage in traditional middle class urban houses in Japan. Finally, this paper formulates proposals for fulfilling the social needs of occupants in Egypt by integrating these ideas into low-income housing units.

Attitudes and experiences with secondhand smoke and smoke-free policies among subsidised and market-rate multiunit housing residents living in six diverse communities in the USA.

Science.gov (United States)

Gentzke, Andrea S; Hyland, Andrew; Kiviniemi, Marc; Travers, Mark J

2018-03-01

Given that higher smoking rates persist among lower socioeconomic populations, multiunit housing (MUH) environments may result in higher secondhand smoke (SHS) exposures among subsidised MUH residents. This cross-sectional assessment compares experiences with SHS and smoke-free policies among subsidised and market-rate MUH residents living in six US communities. MUH residents (n=1565) were surveyed regarding their smoke-free rules (home and building), SHS exposures and preferences towards smoke-free policies. Binary logistic regression identified predictors of each outcome, focusing on differences by subsidised housing status (subsidised vs market rate). Among residents enforcing smoke-free home rules (76%, overall), 50% reported SHS incursions into their unit. Only 23% reported living in a smoke-free building; 56% of those living in smoking-allowable buildings reported preferences towards smoke-free building policies. Among market-rate housing residents, smoke-free home (OR=4.18) and building (OR=2.26) rules were significantly higher when children were present. Smoke-free building rules reduced the odds of SHS incursions among market-rate housing residents (OR=0.50), but no association was observed among subsidised housing residents. Non-smoking subsidised housing residents exhibited stronger preferences for smoke-free policies compared with those in market-rate housing. Smoke-free home rules may not protect MUH residents from SHS exposures, particularly in subsidised MUH. Although strong preferences towards smoke-free policies were present overall, subsidised MUH residents may have fewer alternative smoke-free housing options available. Therefore, all publicly funded housing should be smoke free to protect these vulnerable populations. However, continued efforts to encourage privately owned MUH operators to adopt smoke-free policies are also necessary. © Article author(s) (or their employer(s) unless otherwise stated in the text of the article) 2018. All rights

PRIVACY AS A CULTURAL VALUE WITHIN TRADITIONAL IRANIAN HOUSING: Lessons for Modern Iranian High Density Vertical Development Housing

Directory of Open Access Journals (Sweden)

Siyamak Nayyeri Fallah

2015-03-01

Full Text Available The role of value of privacy in shaping Iranian culture is vital. In contrary to modern middle-class Iranian high density vertical development housing, this cultural principle plays a great role in shaping spatial organization of Iranian traditional housing. The aim of this study is to establish a framework to improve spatial organization of modern Iranian high density vertical development (HDVD housing through lessons learnt from traditional Iranian housing. In this regard, to reach the aim through qualitative approach and case study strategy, this value of the Iranian traditional housing was investigated. The data collection methods to collect data from middle-class traditional and modern high-density vertical development (HDVD housing, were multiple tactics as direct observation, open-ended expert interview, semi-structured and focus group interviewing, taking photo, and plan layout. As conclude, it was reached that privacy as a principle governing all aspects of life has had deep impacts on spatial organization of traditional Iranian housing. Thus through using the spatial concept of privacy learnt from traditional Iranian housing can formulate recommendations to betterment spatial organization of middle-class modern Iranian HDVD housing.

Essays on the economics of housing subsidies

NARCIS (Netherlands)

Schilder, F.P.W.

2012-01-01

In a perfect market a government needs not to intervene. For several reasons the housing market is not a perfect market and, thus, governments generally tend to intervene. The Dutch government, however, intervenes mainly by subsidies to such an extent that the housing market has become strongly

STRATEGIC MARKETING ALTERNATIVES AT AGRO-TOURISM GUEST HOUSE LEVEL

Directory of Open Access Journals (Sweden)

Violeta-Andreea ANDREIANA

2013-10-01

Full Text Available During the last years, tourists started to turn away from the mass tourism and consider the alternative one. Therefore, various forms of tourism were born, among which the rural tourism, to be regarded from two perspectives: it contributes to local and regional development and brings benefits to tourism by creating a new, higher quality holiday concept. This requires the participation of local authorities in the preparing of area development strategies, involving the inhabitants and local traders. By following up the dramatic condition of the Romanian tourism, the insufficient development of the rural tourism and the low involvement degree of the local authorities, we proposed an assessment and recommended strategic marketing alternatives for the improvement of the current condition of the agro tourism guest houses.

Heterogeneous convergence of regional house prices and the complexity in China

Directory of Open Access Journals (Sweden)

Rui Lin

2015-12-01

Full Text Available The purpose of this research is to analyze the convergence of regional house prices and its complexity in China. In this purpose it used nonlinear time varying factor model. The obtained results have provided evidences for the existence of some degree of segmentation in China’s housing market. By further dynamic analysis of the convergence, we have found that important housing policies from Chinese central government can significantly alter the housing market but with a time lag of 4 to 5 months, and that quite different behaviors exist between the new house market and the second-hand house market in China, which provides the evidence for the complexity of housing market in China. Multiple factors together are the driving forces for the regional house price convergence. And the driving forces differ among three clubs. The basic conclusion provided from the realized research is that the conventional definitions of economic regions may not be appropriate to analyze house price segregation in China. Heterogeneous convergence exists in China’s regional house prices, indicating the complexity of regional house prices in China. And housing policies should be implemented with different focus among the regions. The way of the central government is to make housing policies aiming at different sub-markets of the new house market and the second-hand house market.

Are Remotely Sensed Trends in the Built Environment and Urban Vegetation Predictive of Changes in Metropolitan Housing Markets?

Science.gov (United States)

Endsley, K. A.

2017-12-01

In the midst of a global urbanization trend, residential neighborhoods are undergoing a variety of changes, including neighborhood turnover, the re-location of employment centers, and, recently, the increasing social and economic isolation of the suburbs. In the U.S., where residential lawns account for more area than any other irrigated crop (Polsky et al. 2014, in PNAS), coeval changes in residential populations, the built environment, and vegetation have serious implications for urban sustainability. To date, detailed studies of dynamic neighborhood changes have been hampered by the lack of fine time-series data on neighborhood composition. Most notably, the U.S. Census is conducted only once every decade leading to the likely inaccurate assumption of linear change between Census years. To the extent that human activities alter the built environment and urban ecology, can remotely sensed biophysical changes serve as a good proxy for neighborhood socio-economic changes? In this study, I apply time series data on spectral reflectance, spectral indices, and land-cover abundances from 15-to-25 years of Landsat data to fine-scale data on residential property transactions in two metropolitan areas with different regional economic and environmental contexts: Detroit and Los Angeles. The real estate record provides parcel-level, monthly data on sale prices and tax foreclosures; taken together, these provide a good description of the housing market and an acceptable proxy for neighborhood stability. By comparing lagged features from the remote sensing (RS) archive at different time scales in a non-parametric statistical learning algorithm, I identify which RS features best predict changes in the housing market and compare these associations between the two metropolitan areas and across multiple spatial and temporal scales along an urban to peri-urban gradient.

Reasoning behind choices: rationality and social norms in the housing market behaviour of first-time buyers in the Czech Republic.

Czech Academy of Sciences Publication Activity Database

Lux, Martin; Gibas, Petr; Boumová, Irena; Hájek, Martin; Sunega, Petr

2017-01-01

Roč. 32, č. 4 (2017), s. 517-539 ISSN 0267-3037 R&D Projects: GA ČR(CZ) GAP404/12/1446 Institutional support: RVO:68378025 Keywords : housing market * social norms * housing system Subject RIV: AO - Sociology, Demography OBOR OECD: Sociology Impact factor: 1.513, year: 2016

ABUJA SUSTAINABLE SPATIAL HOUSING DESIGN: A SPATIAL ...

African Journals Online (AJOL)

Bons

2017-02-02

Feb 2, 2017 ... elements of the regional development plan for the Territory, the plan ... use, transportation systems, infrastructure, housing and other services in a .... in properly surveyed, serviced and legally conveyed developments .... human resources. .... Large objects, such as industrial parks, highways, and shopping ...

Privacy at home: Analysis of behavioral patterns in the spatial configuration of traditional and modern houses in the city of Hamedan based on the notion of space syntax

Directory of Open Access Journals (Sweden)

Saeid Alitajer

2016-09-01

The findings indicate that the spatial configurations of houses have changed in the course of time. In terms of the indices of spatial configurations, however, the striking difference between traditional and modern houses in Hamedan revolves around the integration and equivalence of all spaces in a house. In other words, the hierarchy of access to spaces and the recognition of territories are limited in modern houses. Hence, privacy in modern houses fades.

Mass Housing and Changings in Housing Demand, Case of Diyarbakir, Turkey

OpenAIRE

M. Oguz Sinemillioglu; Can Tuncay Akın; Havva Özyılmaz

2005-01-01

The aim of this study is to analyze changings in housing demand, especially in term of house size in Diyarbakır case, in Turkey. Though Housing in Turkey is in a free market system, there is a Mass Housing Administration (TOKÃ ) has been doing mass houses for, relatively, middle class income people. Diyarbakır, one of the cities that TOKÃ has done two thousand houses, has taken too much migration, so that the demand in housing form and structure has different alterations. This process should ...

United States housing, 2012

Science.gov (United States)

Delton Alderman

2013-01-01

Provides current and historical information on housing market in the United States. Information includes trends for housing permits and starts, housing completions for single and multifamily units, and sales and construction. This report will be updated annually.

Housing preferences of young adults in Indonesia: housing attributes and consequences

Science.gov (United States)

Farasa, N.; Kusuma, H. E.

2018-03-01

Nowadays, the housing demand of young adults in Indonesia is important issues for the sustainable development of the market. Facing differences of life phases, such as marriage, leaving home after graduation, and new job positioning, young adults become the main segment facing constant housing choice decisions in the housing market. In their particular phase of life, young adults have distinct preferences for housing attributes which bring a great influence on their lives in the future. Data was gathered from a survey questionnaire that was answered by 180 young adults in Indonesia, ranging from age 22-33 years. The findings suggest that the green area and view, location, simplicity, home design, and accessibility are the significant parts as housing attributes for young adults’ housing preferences in Indonesia. The effect of these attributes has many consequences such as security, personalization, mood/ambiance, maintenance, interaction, image, flexibility, environmental, economy, durability, convenience, comfort, and circulation. The biggest group of young adults who prefer comfort as their wanted consequences tend to have high preferences on housing attributes of the green area and view, and simplicity.

Passive houses in Norway

Energy Technology Data Exchange (ETDEWEB)

Halse, Andreas

2008-12-15

The paper analyzes the introduction of passive houses in the Norwegian house market. Passive houses are houses with extremely low levels of energy consumption for heating, and have not yet been built in Norway, but have started to enter the market in Germany and some other countries. The construction sector is analyzed as a sectoral innovation system. The different elements of the innovation system are studied. This includes government agencies, producers, consumers, finance and education. The analysis shows that passive and low-energy houses are on the verge of market breakthrough. This can partly be explained by economic calculations, and partly by processes of learning and change in the institutional set-up of the sector. The construction sector is a sector characterized by low innovative intensity and little interaction between different agents. Those working to promote passive houses have to some extent managed to cope with these challenges. This has happened by breaking away from the traditional focus of Norwegian energy efficiency policies on technology and the economically rational agents, by instead focusing on knowledge and institutional change at the level of the producers. (Author)

The role of the welfare state and housing policies as a medium and outcome of rising inequality in the cities

DEFF Research Database (Denmark)

Alves, Sonia; Andersen, Hans Thor

by their functional and morphological qualities, residential districts have come to be seen as an expression of socio-economic and symbolic differences and inequalities. From this perspective, the relative position of social groups in the occupational class structure and in the spatial structure becomes a privileged...... field of empirical inquiry for scientists concerned with inequality in all its multidimensional forms. The aim of this paper is to draw up the lines between social and spatial inequality in cities through discussion of the role of housing policies and housing markets as an outcome of the rise...... research questions concerning the role of the welfare state as a causal mechanism of social and spatial stratification. Hence what are the main differences between typologies of welfare and housing regimes regarding economic and social inequality? To what extent do they variously project socio...

Obesogenic and youth oriented restaurant marketing in public housing neighborhoods.

Science.gov (United States)

Lee, Rebecca E; Heinrich, Katie M; Reese-Smith, Jacqueline Y; Regan, Gail R; Adamus-Leach, Heather J

2014-03-01

To compare restaurant marketing by restaurant and neighborhood type. All restaurants (61=fast food, FF; 72=table service, TS) within an 800-meter radius of 13 public housing developments (HD) and 4 comparison neighborhoods were audited using the Restaurant Assessment Tool©2010. HD neighborhoods were lower income and higher minority than comparison neighborhoods with similar density and street connectivity. Restaurants in HD neighborhoods had fewer healthy entrées than comparison neighborhoods. FF restaurants had cheaper beverages and more children's meals, supersize drinks, free prize with purchase, super-size items, special characters, and more items geared to driving than TS restaurants. Residents of lower socioeconomic neighborhoods may be differentially exposed to unhealthy food options.

24 CFR 886.121 - Marketing.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Marketing. 886.121 Section 886.121... Projects With HUD-Insured and HUD-Held Mortgages § 886.121 Marketing. (a) Marketing of units and selection... Housing Marketing Plan, if required, and with all regulations relating to fair housing advertising...

Spatial Bayesian methods of forecasting house prices in six metropolitan areas of South Africa

CSIR Research Space (South Africa)

Gupta, R

2008-06-01

Full Text Available and Gertler, 1995), but also because changes in house prices tends to have important wealth effects on consumption (International Monetary Fund, 2000) and investment (Topel and Rosen, 1988), not allowing for heterogeneity and segmentation in the market.... One solution, often adapted, is simply to 7 The discussion in this Section relies heavily on LeSage (1999), Sichei and Gupta (2006) and Gupta (2006). Formatted: Indent: 0 cm Deleted...

Dutch house price fundamentals

NARCIS (Netherlands)

Haffner, M.E.A.; de Vries, P.

2009-01-01

This paper discusses house price developments in the Netherlands, specifically focussing on the question whether current house prices in the Dutch owner-occupied market are likely to decrease. We analyse three aspects of the question based on a literature review: (1) whether there is a house price

Gender and ethnic discrimination in the rental housing market

DEFF Research Database (Denmark)

Bengtsson, Ragnar; Iverman, Elis; Hinnerich, Bjørn Tyrefors

2012-01-01

*Corresponding author. E-mail: bjorn.hinnerich@ne.su.se We use a field experiment to measure discrimination in the housing market in Stockholm. Four fictitious persons, of different gender, with distinct-sounding Arabic or Swedish names, are randomly assigned to vacant apartments. We extend...... the study by Ahmed and Hammarstedt (2008). There are two new results. First, we provide evidence that there is no or little gender premium for the female with the Arabic name, which suggests that ethnic discrimination dominates the effects of gender. Secondly, discriminatory behaviour is only found...... in the suburbs or satellite cities/towns of Stockholm County not in the densely populated, affluent, city center. Moreover, we can replicate that there is a gender premium for females with Swedish names. However, we are not able to confirm that males with Arabic names face discrimination....

The CEE housing markets before, during and after the transition: an overview of property prices and home ownership rates

OpenAIRE

Elena IONASCU

2017-01-01

The purpose of this research is to investigate relevant economic aspects, which characterized housing markets from Central and Eastern European (CEE) countries, to identify the factors which determine the house prices and to find the economic implications of property investments, under an international micro and macroeconomic environment. Methodological, the article uses the deduction and comparative analysis of collected statistical data, and strategic reforms in post-communist countries are...

House Prices, Geographical Mobility, and Unemployment

DEFF Research Database (Denmark)

Ingholt, Marcus Mølbak

2017-01-01

Geographical mobility correlates positively with house prices and negatively with unemployment over the U.S. business cycle. I present a DSGE model in which declining house prices and tight credit conditions impede the mobility of indebted workers. This reduces the workers’ cross-area competition...... for jobs, causing wages and unemployment to rise. A Bayesian estimation shows that this channel more than quadruples the response of unemployment to adverse housing market shocks. The estimation also shows that adverse housing market shocks caused the decline in mobility during the Great Recession. Absent...

Spatial price transmission in Pakistan: The Case of Wheat and Rice Markets

International Nuclear Information System (INIS)

Ahmed, U. I.; Iqbal, M. A.; Rizwan, M.; Ying, L.; Bashir, M. K.; Iqbal, M. M.; Qamar, M. R.; Nazeer, A.

2015-01-01

This study investigates the spatial price transmission among major wheat and rice markets of Pakistan using their monthly retail prices. For analysis Vector Error Correction Model and Co-integration approach were employed. Results showed that wheat and rice market prices are integrated. Some markets have positive or negative transmission shocks on each other due to the different geographical locations and transport infrastructure. All the wheat markets are adjusted to price changes in the long run equilibrium except few markets. Unidirectional and bidirectional causality exists between wheat and rice markets. Bad and poor infrastructure is a major impediment to price transmission among the markets. These market imperfections lead to food insecurity in the country. Government should formulate better policies and develop infrastructure towards better and efficient market function. The results of this study will help the policy makers to formulate a better policy to enhance marketing function to overcome food insecurity situation. (author)

The CEE housing markets before, during and after the transition: an overview of property prices and home ownership rates

Directory of Open Access Journals (Sweden)

Elena IONASCU

2017-10-01

Full Text Available The purpose of this research is to investigate relevant economic aspects, which characterized housing markets from Central and Eastern European (CEE countries, to identify the factors which determine the house prices and to find the economic implications of property investments, under an international micro and macroeconomic environment. Methodological, the article uses the deduction and comparative analysis of collected statistical data, and strategic reforms in post-communist countries are qualitatively explored through content analysis. In the case of CEE region, fundamentals determinants, such as real income, real interest rate, demographic factors, play an extremely important role in explaining house price distortions. The principles of communist ideology added a special note in the evolution of prices, so the home ownership rate, the housing quality, the financial housing system, European integration represent a number of traditional factors with significant impact.

Spatial Assimilation in Denmark?

DEFF Research Database (Denmark)

Andersen, Hans Skifter

2010-01-01

market and discrimination, which limits the housing possibilities for ethnic minorities. Another explanation could be that immigrants for different reasons choose to settle in so-called ethnic enclaves where they can find an ethnic social network, which can support them in their new country....... In traditional research literature about immigration it has been shown that for many immigrants living in enclaves has been a temporary situation. The 'spatial assimilation theory' says that this situation ends when the family has become more integrated in the new society and then moves to other parts...

United States housing, first quarter 2013

Science.gov (United States)

Delton Alderman

2014-01-01

Provides current and historical information on housing market in the United States. Information includes trends for housing permits and starts, housing under construction, and housing completions for single and multifamily units, and sales and construction. This report will be updated regularly.

Woodworking & housing: Positive trends and actions

Science.gov (United States)

Urs Buehlmann; Matt Bumgardner; Karen. Koenig

2016-01-01

This exclusive study looks at the housing market's impact on woodworking businesses and the actions taken to increase wood product sales. A majority of the woodworking industry remains intrinsically tied to the housing industry, particularly businesses involved in producing cabinetry, furniture, millwork and components. For that reason, construction market...

A Life-Cycle Analysis of Social Security with Housing

OpenAIRE

Chen, Kaiji

2009-01-01

This paper incorporates two features of housing in a life-cycle analysis of social security: housing as a durable good and housing market frictions. We find that with housing as a durable good unfunded social security substantially crowds out housing consumption throughout the life cycle. By contrast, aggregate non-durable consumption is higher when social security is present, although it is postponed until late in life. Moreover, in the presence of housing market frictions, social security l...

How Do Stamp Duties Affect the Housing Market?

OpenAIRE

Davidoff, Ian; Leigh, Andrew

2013-01-01

Land transfer taxes are a substantial portion of the cost of moving house in many developed countries. Since stamp duties are endogenous with respect to the house price, we create an instrumental variable that is the stamp duty on a property, given that postcode's starting house price and the national house price trend. In a specification with postcode and year fixed effects, this instrument effectively captures policy changes and nonlinearities in the stamp duty schedule. We find that the im...

Housing trends & impacts on wood products manufacturing

Science.gov (United States)

Matt Bumgardner; Urs Buehlmann; Al Schuler; Karen. Koenig

2012-01-01

While there are some signs of improvement in the business conditions and sales volume faced by the secondary wood industry in relation to the housing market, they are slow in coming. This third annual housing market survey looks at the trends in the industry and analyzes what has changed in terms of market conditions, company performance and the actions being taken by...

Impact of Megacity Jobs-Housing Spatial Mismatch on Commuting Behaviors: A Case Study on Central Districts of Shanghai, China

Directory of Open Access Journals (Sweden)

Xiang Zhou

2016-01-01

Full Text Available This studyutilized the mobile signaling data to conductthe impact analysis of jobs-housing spatial mismatch on commuting behavior, with eight typical employment centers of three categories selected as the research subjects. Based on the analysis of the characteristics and indictors including commuting distance, accessibilities from cumulative opportunity model etc., this study demonstrates that (a cumulative percentage of short commuting distance (e.g., less than 3 km reflects the jobs-housing spatial match between employment centers and their peripheral areas; and (b combining the indicators of employed population and area covered within a certain space-time range among indictors of accessibility, it is possible to identify the degree of jobs-housing balance and efficiency of the transport system. According to the evaluation radar maps, the authors believe that employment centers could be divided into three categories: those with a gathering power, those with improvable functions, and those with local adjustment potentials. Possible measures including controlling the gathering power of the city centers, improving the function mix and transport facilities, and optimizing the overall local environment, etc. could be made to achieve jobs-housing balance in central districts and their peripheral areas as a whole. Besides, the study, proceeding from the perspective of commuters, suggests that optimization of jobs-housing distribution along banded corridors would be more efficient than those within the traditional region so as to reduce commuting traffic load.

Social Housing in Denmark

DEFF Research Database (Denmark)

Vestergaard, Hedvig; Scanlon, Kath J

2014-01-01

Social housing is a cornerstone in the Danish welfare society and is accessible for all households. By law, social housing must be rented at cost rents, which are based on historical costs; rents do not respond to market forces. Social housing aims to provide good standard, secure and affordable...... as social initiatives in the existing stock....

Ageing shocks and short-run regional labour market dynamics in a spatial panel VAR approach

DEFF Research Database (Denmark)

Mitze, Timo; Schmidt, Torben Dall; Rauhut, Daniel

2018-01-01

Using a flexible spatial panel VAR model for a small-scale labour market system, we investigate the dynamic interdependences between changes in the demographic structure and the labour market performance of a regional economy. With a particular focus on ageing shocks, we describe an increase...... in the share of elderly in regional population due to exogenous changes in the institutional context, such as pension reforms. The regional labour market implications of an ageing shock are then tested with regard to the effects on employment growth, unemployment and labour participation rate. Our results...... based on a sample of 71 Scandinavian regions point to negative regional labour market effects of an ageing shock implying a reduction in employment growth and a temporarily declining labour participation rate, while the unemployment rate increases. Importantly, spatial spillovers amplify these negative...

Fear and Loathing in the Housing Market

DEFF Research Database (Denmark)

Chauvet, Marcelle; Gabriel, Stuart; Lutz, Chandler

We use Google search data to develop a broad-based and real-time index of housing distress. Unlike established indicators, this new Housing Distress Index (HDI) directly reflects sentiment revealed through search queries. Research findings indicate that the HDI provides important new insights in ...

Understanding the Puzzling Risk-Return Relationship for Housing

OpenAIRE

Lu Han

2013-01-01

Standard theory predicts a positive relationship between risk and return, yet recent data show that housing returns vary positively with risk in some markets but negatively in others. This paper rationalizes these cross-market differences in the risk-return relationship for housing, and in so doing, explains the puzzling negative relationship. The paper shows that when the current house provides a hedge against the risk associated with the future housing consumption, households are willing to...

Navigating the field of housing: housing pathways of young people in Amsterdam

NARCIS (Netherlands)

Hochstenbach, C.; Boterman, W.R.

2015-01-01

In many western cities, housing opportunities of young people are increasingly constrained due to housing market reforms and decreasing affordability as a result of processes of gentrification. Little is known about how young people deal with these constraints and how this differs across class and

Tendencies of overcoming crises in the housing-and-communal sphere: international aspect

Directory of Open Access Journals (Sweden)

Skrypnik Oksana

2017-01-01

Full Text Available In the condition of market economy in the housing sphere it is accepted to differentiate two interacting markets - the market of housing stock and the market of housing services. The beginning of market grouping of the housing stock as basic element of the real estate market in Russia, it was necessary in 1991 by adoption of legal acts for privatization of housing. After that the market of housing services began to be arranged. The historical development of the housing market can be considered through the system of institutional changes with respect to the development of the economy and enhancement of the infrastructure. Institutes represent the rules, mechanisms providing their accomplishment, and standards of behavior which structure the repeating interactions among citizens. It becomes obvious that the institutes determine and limit the set of alternatives which are available for each economic actor, they include all forms of the restrictions created by people to give a certain structure to human relations. However it is also important to understand that institutes, being standard restrictions, create opportunities which members of the society have, thanks to the fact that the same institutes reduce uncertainty, structuring activities of individuals. The set of the formal and informal institutes created in economy represents the institutional environment. As a result the institutes perform functions of so called first and second order. Functions of the first order have specific character and solve specific objectives which are the cornerstone of rules: coordination, cooperation and distribution. The institutional environment performs the functions of the second order, which are aimed on market regulation, ensuring predictability and stability, safety, minimization of costs for transactions and training. In this article the main directions, conditions and approaches of transformations in the housing market are revealed. Forming of the

From Boom to Bust: The Effects of Economic Recession on Minority Groups' Experience in the Housing Market

Directory of Open Access Journals (Sweden)

From Boom to Bust: The Effects of Economic Recession on Minority Groups' Experience in the Housing Market

2013-06-01

Full Text Available The homeownership rate in the US reached an all-time high of 69.2 percent by 2006, attributed to factors like favorable mortgage lending practice, economic boom, and incentive policies. The recent subprime mortgage crisis and economic recession, however, widened the gap in homeownership between racial minorities and whites. A sharp drop in housing price also posed a threat to the amount of equity one could accumulate. In this paper, we examined how the changing economy and both structural and individual-level factors affected the racial disparities in homeownership and home equity, using the 2005 and 2009 American Housing Survey national data. The major finding was that the economic recession affected Blacks the most, followed by Hispanics. Asians, though showing a decline in their home equity, were able to maintain their advantages in the housing market.

75 FR 66977 - Housing Trust Fund

Science.gov (United States)

2010-10-29

...., administrative requirements; monitoring, site and neighborhood standards; and affirmative marketing). This... affordable multifamily rental housing. Income Targeting Based on tabulations of American Housing Survey data... housing for ELI households. The Secretary shall publish subsequent income targeting requirements when HUD...

The housing boom and bust in the Nordic and Baltic countries

DEFF Research Database (Denmark)

Vestergaard, Hedvig; Haagerup, Christian Deichmann

This article presents the findings of a comparative study of the housing markets in the Nordic and the Baltic countries and in the United Kingdom. The study was performed as part of the VISURF research network. Generally all the housing markets were affected by the global financial crisis......, but to a varying degree. The house prices fell in 2009 in most of the countries, yet Sweden and Norway only saw small decreases or negligible decreases in house prices following the crisis. However the construction of new housing fell in all of the countries in the study. The sudden change of the housing market...

An Interdisciplinary Analysis of Physical-spatial Changes in Contemporary Markets and Business Centers of Iran with an Emphasis on Religious Texts

Directory of Open Access Journals (Sweden)

M. M. Raeesi

2016-05-01

Full Text Available In this research this question is addressed: are the physical-spatial changes in contemporary markets of Iran, as a pioneer in promoting the noble values of Islam, in accordance with Islamic principles and values? In this article, through an analysis of religious texts, using qualitative content analysis, four physical-spatial indicators are deduced for markets; these indicators include the need to mention spiritual truths in physical-spatial structure of market, avoiding the collective social spaces in the market, the alignment of physical market patterns with Islamic identity, and locating the market in meta-local situations. An interdisciplinary analysis was carried out which indicated that the decline in these indicators in contemporary markets is rooted in the contemporary intellectual foundations of the West, whose economic impacts have resulted in the liberal capitalist economic system; one of the most important features of this system is the promotion of the culture of consumerism and a decline in Islamic physical-spatial indicators in contemporary markets, which is in accordance with the requirements of this culture.

Is there a Housing Bubble in Turkey?

Directory of Open Access Journals (Sweden)

Coskun Yener

2017-03-01

Full Text Available There was a notable housing price inflation in aggregate/local levels in Turkey during the last few years. Although the country’s economic fundamentals remain strong, the probability of a housing bubble is a heated debate among market participants. This timely investigation brings greater clarity to whether the Turkish housing market is in a bubble. The study uses a multi-strand approach to dissect the bubble over the period of Jan. 2010 - Dec. 2014. First, monthly/annual price-to-income and monthly price-to-rent ratios are examined for the national Turkish as well as regional Istanbul, Izmir and Ankara housing markets. Second, an extended CASE and SHILLER (2003 model is applied assessing the interdependence between housing prices and a series of explanatory variables. Lastly, the Right Tail Augmented Dickey-Fuller (Rtadf test is performed to support the overall analysis. This study finds that neither affordability ratios nor regression estimates support the existence of the bubble in Turkey.

24 CFR 1006.101 - Housing plan requirements.

Science.gov (United States)

2010-04-01

... assistance provided by the United States, including loans, grants, and mortgage insurance; (iv) A description... State of Hawaii, including the availability of housing from other public sources and private market... period covered by the plan, including transitional housing; homeless housing; college housing; and...

The Effects of Spatial and Temporal Decisions on Orange Marketing in Babol County

Directory of Open Access Journals (Sweden)

H. Najafi Alamdarlo

2016-10-01

Full Text Available Introduction: Due to the fact that farmers are in the surrounding factors such as cultural, social and economic environment, these factors can influence the attitudes and decisions to accept or reject the innovation. Farmer`s opinion over time, also, have a significant role in making new decisions. Therefore, absent a model which would assess the temporal and spatial factors in the decision - making process by growing citrus is strongly needed. This study aims to identify and measure the factors affecting the sales channel chosen by farmers and considers the impact of neighboring on farmers’ decisions using the spatial probit model and finally provides some strategies to improve and increase the efficiency of distribution channels in the product market. One of the aims of this research is to assess the effects of accumulated decisions in the minds of farmers on the choosing of marketing channel. Another innovation of this study is evaluating the spatial factors on orange marketing which examines the effects of diffusive decisions in adjacent villages. Materials and Methods: The data used in this study were collected by questionnaire form 99 gardeners in 9 villages in Babol in 1391-92. In this paper, three distribution channels including retail, sales to middle man and sales to whole sale are evaluated at Babol County. For testing these three channels, probit panel data and spatial approach were used. Therefore, in this model the effects of age, experience, education, amount of sales, price, spatial and temporal effects variables have been modeled. To get the spatial effects, the weighted contiguity matrix was used. Results and Discussion: Age has a positive effect on wholesale approach. In sales to middleman approach, age has also positive effect, but its effect is more than wholesale and retail, because as the age increased, risk acceptance decreased. In retail, this variable (age has a negative effect. In this way, due to higher marketing

Spatially varying coefficient models in real estate: Eigenvector spatial filtering and alternative approaches

NARCIS (Netherlands)

Helbich, M; Griffith, D

2016-01-01

Real estate policies in urban areas require the recognition of spatial heterogeneity in housing prices to account for local settings. In response to the growing number of spatially varying coefficient models in housing applications, this study evaluated four models in terms of their spatial patterns

Woodworking & housing: impacts & actions

Science.gov (United States)

Matt Bumgardner; Urs Buehlmann; Karen. Koenig

2015-01-01

The woodworking industry relies heavily on the construction-based markets, particularly those companies involved in cabinetry, furniture, millwork and components. Market conditions, trends and investments all have an impact. It's against this backdrop, that the sixth annual housing market study was conducted in early 2015. A joint effort by Virginia Tech, the U.S...

Time-varying correlations in global real estate markets: A multivariate GARCH with spatial effects approach

Science.gov (United States)

Gu, Huaying; Liu, Zhixue; Weng, Yingliang

2017-04-01

The present study applies the multivariate generalized autoregressive conditional heteroscedasticity (MGARCH) with spatial effects approach for the analysis of the time-varying conditional correlations and contagion effects among global real estate markets. A distinguishing feature of the proposed model is that it can simultaneously capture the spatial interactions and the dynamic conditional correlations compared with the traditional MGARCH models. Results reveal that the estimated dynamic conditional correlations have exhibited significant increases during the global financial crisis from 2007 to 2009, thereby suggesting contagion effects among global real estate markets. The analysis further indicates that the returns of the regional real estate markets that are in close geographic and economic proximities exhibit strong co-movement. In addition, evidence of significantly positive leverage effects in global real estate markets is also determined. The findings have significant implications on global portfolio diversification opportunities and risk management practices.

Housing as Social Right or Means to Wealth?

DEFF Research Database (Denmark)

Mortensen, Jens Ladefoged; Seabrooke, Lenoard

2008-01-01

changes to taxation and housing finance regimes in a liberal market for residential property, Australia, and a corporatist market, Denmark. During the last decade, government regulatory changes to taxation and housing finance systems in Australia and Denmark facilitated residential property booms...... on future developments....

Comparison of Sellers's Awareness to Environmental Hygiene of Market Bulak, Market Klender and Market Rawamangun, East Jakarta

Science.gov (United States)

Maulidya, Hasana P.

2018-02-01

This research is motivated by the difference of market hygiene condition, where the market hygiene level is influenced by the environment around the market. In general, markets located near densely populated housing tend to be overlooked, while markets near elite housing tend to be clean. This condition is also influenced by marketers' awareness of market hygiene. If the market is near the elite neighbourhood, the level of awareness of sellers on cleanliness will be high. If the market is located in a densely populated area, sellers generally do not pay attention to cleanliness. The purpose of this research is to know the sellers's awareness of environmental cleanliness of Market Bulak, Klender Market and Rawamangun Market. Respondents in this study are sellers and buyers who make transactions in these 3 markets. This type of research is descriptive analysis with the method of observation and interview to 10 sellers in each market. Seller hygiene awareness are poor.

Are Housing Markets Decoupled? A Case Study of Residential Real Estate Affordability in Austria

Directory of Open Access Journals (Sweden)

Florian PHILIPP

2015-09-01

Full Text Available Real estate arguably forms the most important asset to most households and the basis for their wealth. Around this context a model has been set up testing the relative affordability of real estate for the median household in Austria and the consequences of lower borrowing costs between 2004 and 2013 by vintage year. In this paper the hypothesis that the significant decline in base interest rates is not sufficient to offset the relative affordability loss caused by declining net household incomes and the simultaneous increase of real estate prices. To test this hypothesis a model has been set up comparing two different Housing Affordability Indices – one including and one excluding financing effects, having been compared via a multi factor model. Based on this calculation the author finds decreased base interest rates to offset relative affordability losses by only approximately 50%, verifying the hypothesis. The paper therefore argues for a potential decoupling of the residential housing market in Austria.

Forecasting Housing Approvals in Australia: Do Forecasters Herd?

DEFF Research Database (Denmark)

Stadtmann, Georg; Pierdzioch; Rülke

2012-01-01

Price trends in housing markets may reflect herding of market participants. A natural question is whether such herding, to the extent that it occurred, reflects herding in forecasts of professional forecasters. Using more than 6,000 forecasts of housing approvals for Australia, we did not find...

The end of mass homeownership? Changes in labour markets and housing tenure opportunities across Europe.

Science.gov (United States)

Arundel, Rowan; Doling, John

2017-01-01

With continued economic growth and expanding mortgage markets, until recently the pattern across advanced economies was of growing homeownership sectors. The Great Financial Crisis (GFC) has however, undercut this growth resulting in the contraction of homeownership access in many countries and the revival of private renting. This paper argues that these tenure changes are not solely a consequence of the GFC, and therefore, reversible once long-term growth returns. Rather, they are the consequences of more fundamental changes especially in labour markets. The very financialisation that fuelled the growth of homeownership has also led to a hollowing out of well-paid, secure jobs-exactly those that fit best with the taking of housing loans. We examine longer-term declines in labour market security across Europe from before the GFC, identifying an underlying correlation between deteriorated labour market conditions and homeownership access for young adults. While variations exist across European countries, there is evidence of common trends. We argue that the GFC both accelerated pre-existing labour insecurity dynamics and brought an end to offsetting such dynamics through the expansion of credit access with the likelihood of a return to an era of widespread homeownership growth starkly decreased.

Study on market policy

International Nuclear Information System (INIS)

2008-02-01

In April 2007 the Dutch Minister of Economic Affairs promised the Lower House a study of the development of the public interests of quality, accessibility and efficiency after the introduction of market liberalization. In the debate on market liberalization in May 2007 the Minister complied with the Lower House?s request to include the consequences of the market liberalization operations on sectoral employment and labor conditions. This study addresses two questions: (1) Which developments occurred in the field of public interests quality, accessibility and efficiency and labor conditions since the introduction of market liberalization? and (2) What general findings and conclusions can be drawn from the implemented market liberalization policy in various sectors? What lessons can be learned for the future? Several sectors have been examined, including large energy users; renewable energy; energy market for medium users; energy (gas and electricity) [nl

Populational fluctuation and spatial distribution of Alphitobius diaperinus (Panzer) (Coleoptera; Tenebrionidae) in a poultry house, Cascavel, Parana state, Brazil

OpenAIRE

Chernaki-Leffer,AM.; Almeida,LM.; Sosa-Gómez,DR.; Anjos,A.; Vogado,KM.

2007-01-01

Knowledge of the population fluctuation and spatial distribution of pests is fundamental for establishing an appropriate control method. The population fluctuation and spatial distribution of the Alphitobius diaperinus in a poultry house in Cascavel, in the state of Parana, Brazil, was studied between October, 2001 and October 2002. Larvae and adults of the lesser mealworm were sampled weekly using Arends tube traps (n = 22) for six consecutive flock grow-outs. The temperature of the litter a...

24 CFR 884.214 - Marketing.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Marketing. 884.214 Section 884.214... HOUSING PROJECTS Project Development and Operation § 884.214 Marketing. (a) Compliance with equal opportunity requirements. Marketing of units and selection of Families by the Owner shall be in accordance...

Housing of Hobson's Choice

DEFF Research Database (Denmark)

Vestergaard, Hedvig

2010-01-01

This paper looks at policies implemented to improve troubled housing estates during more than two decades. Based on evaluations of implemented programmes and case studies the paper provides a basis for discussing a number of questions: • Why do we have troubled housing estates? • What...... is the definition of troubled housing estates? • Who lives on troubled housing estates? • Who owns and manages the troubled housing estates? • What have been the reasons behind improvement programmes for troubled housing estates? • What kind of improvement programmes have been implemented and with what kind...... of results? • Have improvement programmes changed the position of the estates on the local housing markets? • What are the changes in policies and results? • What are the perspectives for policy initiatives in the field of troubled housing estates?...

Housing demand or money supply? A new Keynesian dynamic stochastic general equilibrium model on China's housing market fluctuations

Science.gov (United States)

Wen, Xing-Chun; He, Ling-Yun

2015-08-01

There is a bitter controversy over what drives the housing price in China in the existing literature. In this paper, we investigate the underlying driving force behind housing price fluctuations in China, especially focusing on the role of housing demand shock with that of money supply shock in explaining housing price movements, by a new Keynesian dynamic stochastic general equilibrium model. Empirical results suggest that it is housing demand, instead of money supply, that mainly drives China's housing price movements. Relevant policy implication is further discussed, namely, whether to consider the housing price fluctuations in the conduct of monetary policy. By means of the policy simulations, we find that a real house price-augmented money supply rule is a better monetary policy for China's economy stabilization. 1. Investment refers to fixed capital investment. 2. Housing price refers to national average housing price. Quarterly data on housing price during the period of our work are not directly available. However, monthly data of the value of sales on housing and sale volume on housing can be directly obtained from National Bureau of Statistics of China. We add up the monthly data and calculate one quarter's housing price by dividing the value of housing sales by its sale volume in one quarter. 3. M2 means the broad money supply in China.

Housing consumption and urbanization

OpenAIRE

Lozano-Gracia, Nancy; Young, Cheryl

2014-01-01

Rapid urbanization in Sub-Saharan Africa places immense pressure on urban services to meet the needs of the burgeoning urban population. Although several country- or city-level reports offer insight into the housing challenges of specific places, little is known about regional patterns affecting housing markets. This lack of clear knowledge on the relative importance of the factors influen...

Demographics, the housing market, and demand for building materials

Science.gov (United States)

Al Schuler; Craig Adair

2003-01-01

Historically, housing has been critical to the health of the forest products industry since two-thirds or more of our structural lumber and panel products are consumed in new housing and remodeling. Likewise, it is important to the overall economy, accounting for one-fifth of GDP in 2001, and 40 percent of GDP growth in 2001 (Joint Center for Housing Studies 2002). The...

Responding to the Housing and Financial Crises

DEFF Research Database (Denmark)

Scanlon, Kathleen; Lunde, Jens; Whitehead, Christine

2011-01-01

The long period of house price growth in markets across the world ended with the US and global financial crisis of 2007/08. The crisis and the consequent recession had profound effects on mortgage market actors – including households, institutions and governments – in most advanced economies......, whether or not they participated in this rapid house price growth. Many of the trends observed during the boom, especially the innovations in financial instruments, were reversed. This paper presents evidence on how mortgage markets and stakeholders responded in the initial period after the crash...

RENTAL INCOME AND CAP RATES: A COMPARISON OF THE LISBON AND PORTO HOUSING MARKETS

Directory of Open Access Journals (Sweden)

António C. MOREIRA

2016-12-01

Full Text Available The goal of this article is to analyse the relationship between rental income and capitalisation rates when real estate value is assessed in parishes of the Lisbon and Porto municipalities. Based on housing market values in euros per square metre during the 2006-2009 period, the income approach was used to compare the two main types of apartments (i.e. B2, or two-bedroom, and B1, or one-bedroom in Lisbon and Porto. We used the capital asset pricing model to calculate the risk measure. The cluster analysis was used to group the Lisbon and Porto parishes according to their rental income and capitalisation rates. Regressions were used to model both geographical markets. Clear differences were found between Porto and Lisbon, the results being more robust for the Porto municipality in regard to B2 apartments. Moreover, rental income is inversely proportional to capitalisation rates for B1 apartments for Porto parishes, which means that there is an initial overinvestment.

Challenges for Large Housing Estates

DEFF Research Database (Denmark)

Vestergaard, Hedvig

This paper examines policies and improvement programmes implemented to improve troubled housing estates during three decades. It is based on evaluations of implemented programmes conducted for the Danish ministry of housing and the National Building Fund as well as similar studies from other...... European countries. Case studies illustrate local developments and outcomes and are the base for questioning the original identification of problems and thus the chosen solutions. Perspectives for current policy initiatives in the field of troubled housing estates are discussed in a general housing market...

The design paradox: the contribution of in-house and external design activities on product market performance

OpenAIRE

Czarnitzki, Dirk; Thorwarth, Susanne

2009-01-01

This paper explores the contribution of design activities on product market performance of Belgian companies. While there is mounting evidence that design can be seen as a strategic tool to successfully spur sales of new product developments at the firm level, the topic of design innovation has not been linked to the open innovation concept yet. In this paper we empirically test whether design activities conducted in-house differ in their contribution to new product sales from externally acqu...

GENDERED SPACE IN WEST SUMBA TRADITIONAL HOUSES

Directory of Open Access Journals (Sweden)

Esti Asih NURDIAH

2015-12-01

Full Text Available Rendell stated that gender representation underlined the production of space in architecture both symbolically and functionally in certain cultures (Rendell et al. 2000. Thus, an exploration on the spatial functionality of traditional houses could show how cultural gender rules and roles generate the spatial arrangements. This empirical research explored the traditional houses in two kampongs: Tarung and Ratenggaro of West Sumba, Indonesia, which spaces are divided into two distinct spaces: male’s space and female’s space, each with its own entrance. This firm division leads to the questions on its relation with the traditional gender roles are represented inside the house. Interestingly, the spatial arrangement is not intended to create separation between men and women inside the house or to pose that the status and roles of men are higher than those of women. The research found that the space separation actually is a manifestation of the dynamic roles of male and female members of the house and the circular arrangement of the space around the fireplace at the centre of the house follows the dynamic of gender duality in Sumba culture.

Passive House Solutions

Energy Technology Data Exchange (ETDEWEB)

Strom, I.; Joosten, L.; Boonstra, C. [DHV Sustainability Consultants, Eindhoiven (Netherlands)

2006-05-15

PEP stands for 'Promotion of European Passive Houses' and is a consortium of European partners, supported by the European Commission, Directorate General for Energy and Transport. In this working paper an overview is given of Passive House solutions. An inventory has been made of Passive House solutions for new build residences applied in each country. Based on this, the most common basic solutions have been identified and described in further detail, including the extent to which solutions are applied in common and best practice and expected barriers for the implementation in each country. An inventory per country is included in the appendix. The analysis of Passive House solutions in partner countries shows high priority with regard to the performance of the thermal envelope, such as high insulation of walls, roofs, floors and windows/ doors, thermal bridge-free construction and air tightness. Due to the required air tightness, special attention must be paid to indoor air quality through proper ventilation. Finally, efficient ((semi-)solar) heating systems for combined space and DHW heating still require a significant amount of attention in most partner countries. Other basic Passive House solutions show a smaller discrepancy with common practice and fewer barriers have been encountered in partner countries. In the next section, the general barriers in partner countries have been inventoried. For each type of barrier a suggested approach has been given. Most frequently encountered barriers in partner countries are: limited know-how; limited contractor skills; and acceptation of Passive Houses in the market. Based on the suggested approaches to overcoming barriers, this means that a great deal of attention must be paid to providing practical information and solutions to building professionals, providing practical training to installers and contractors and communication about the Passive House concept to the market.

A COMPARATIVE ASSESSMENT OF HOUSING DYNAMICS IN ABU DHABI AND DOHA

Directory of Open Access Journals (Sweden)

Hatem Ibrahim

2016-11-01

Full Text Available Abu Dhabi and Doha have evolved rapidly in the twentieth century due to the investment of oil and gas revenues. The fast economic growth resulted in an extensive period of urbanization. The various urban dynamics had a great impact with regards to new housing typologies during the last few decades. Doha’s housing market is studied in comparison with Abu Dhabi’s market considering their population growth rates, real estate market conditions, socio-cultural characteristics, and political approaches. The study is focused on the period from 2004 to 2013 where rapid urban development took place in both cities. The comparative assessment is based on three key aspects: housing typologies, housing distribution, in addition to housing supply and demand. The paper highlights that the urban growth in both cities is initiated via government investments, especially in the real estate market. This is reflected in the case of very similar housing dynamics in both cities. A gradual replacement of low-rise residential villas by high-rise residential towers (apartments/ penthouses is currently observed in both cities.

Social Housing in the Netherlands, Chapter 10

NARCIS (Netherlands)

Elsinga, M.; Wassenberg, F.

2007-01-01

Nowhere else in Europe does social housing dominate the housing market as it does in the Netherlands. Over one third of all households rent a social-sector dwelling. There are 2.4 million social rented dwellings, a number that has been stable during the last decade. Almost all social housing is

Housing Survey. Campus Housing: Finding the Balance

Science.gov (United States)

O'Connor, Shannon

2016-01-01

Depending on where you look for statistics, the number of students enrolling in colleges or universities is increasing, decreasing or remaining the about the same. Regardless of those trends, campus housing is a marketing tool for institutions looking to draw students to and keep them on campus. Schools need to offer sufficient beds and…

House Prices and Public Debt

DEFF Research Database (Denmark)

Gjedsted Nielsen, Mads; Rzeznik, Aleksandra

By using the 2002 case of fraud in the Danish municipality Farum by then mayor Peter Brixtofte as an exogenous shock to public debt of 1 billion DKK, I estimate the effect of public debt on house prices. I find that the average home ownership lost about 570,000 DKK or as much as 29% of the average...... house price in the municipality. Furthermore, I document that the aggregate house price loss of 2.1 billion DKK greatly exceeds the increase in public debt of 1 billion DKK. I find that the drop in house prices is sustained 1 year, indicating that the housing market initially overreacts...

IMPACT OF THE ECOLOGICAL TREND UPON HOUSE BUILDING

Directory of Open Access Journals (Sweden)

Adelaida Cristina HONTUS

2013-08-01

Full Text Available The American and Romanian house market has imposed harmonious and comfortable living in ecological houses whose building does not affect the environment. The implementation of modern and efficient building of long-term sustainable houses has resulted in a new ecological building technology by the Wood Framing System which is developed and applied on a large scale in the US. This system is a cheap and accessible method to build houses and preserve them in time, as well as provide all the comfort demands. Also, the houses built within this system are adapted to any architecture style (traditional, contemporary, and futurist.The house structures built within the Wood Framing System are conspicuous through the optimum use of the wooden material, resistance, stability, ductility, low weight which thus reduces the earthquake impact, durability, high thermal comfort, competitive price. At the same time, the building time on the site is up to 70% lower, compared with the brick-based houses.Within the framing system, a wooden-structure house provides important advantages, and thus has become of interest on the Romanian market.

A dataset of housing market and self-attitudes towards housing location choices in Alexandria, Egypt.

Science.gov (United States)

Ibrahim, Mohamed R

2017-04-01

A survey, of sample size 224, is designed to include the different related-factors to housing location choice, such as; socioeconomic factors, housing characteristics, travel behavior, current self-selection factors, housing demand and future location preferences. It comprises 16 questions, categorized into three different sections; socioeconomic (5 Questions), current dwelling unit characteristics (7 Questions), and housing demand characteristics (4 Questions). The first part, socioeconomic, covers the basic information about the respondent, such as; age, gender, marital status, employment, and car ownership. While the second part, current dwelling unit characteristics, covers different aspect concerning the residential unit typology, financial aspects, and travel behavior of the respondent. It includes the tenure types of the residential unit, estimation of the unit price (in the case of ownership or renting), housing typologies, the main reason for choosing the unit, in case of working, the modes of travel to work, and time to reach it, residential mobility in the last decade, and the ownership of any other residential units. The last part, housing demand characteristics, covers the size of the demand for a residential unit, preference in living in a certain area and the reason to choose it, and the preference of residential unit׳s tenure. This survey is a representative sample for the population in Alexandria, Egypt. The data in this article is represented in: How do people select their residential locations in Egypt? The case of Alexandria; JCIT1757.

A dataset of housing market and self-attitudes towards housing location choices in Alexandria, Egypt

Directory of Open Access Journals (Sweden)

Mohamed R. Ibrahim

2017-04-01

Full Text Available A survey, of sample size 224, is designed to include the different related-factors to housing location choice, such as; socioeconomic factors, housing characteristics, travel behavior, current self-selection factors, housing demand and future location preferences. It comprises 16 questions, categorized into three different sections; socioeconomic (5 Questions, current dwelling unit characteristics (7 Questions, and housing demand characteristics (4 Questions. The first part, socioeconomic, covers the basic information about the respondent, such as; age, gender, marital status, employment, and car ownership. While the second part, current dwelling unit characteristics, covers different aspect concerning the residential unit typology, financial aspects, and travel behavior of the respondent. It includes the tenure types of the residential unit, estimation of the unit price (in the case of ownership or renting, housing typologies, the main reason for choosing the unit, in case of working, the modes of travel to work, and time to reach it, residential mobility in the last decade, and the ownership of any other residential units. The last part, housing demand characteristics, covers the size of the demand for a residential unit, preference in living in a certain area and the reason to choose it, and the preference of residential unit׳s tenure. This survey is a representative sample for the population in Alexandria, Egypt. The data in this article is represented in: How do people select their residential locations in Egypt? The case of Alexandria; JCIT1757.

RETHINKING HOUSING EDUCATION IN ARCHITECTURE SCHOOLS

Directory of Open Access Journals (Sweden)

Avi Friedman

2010-07-01

Full Text Available Architects are involved in only a small percentage of all built projects and are becoming marginalized in the huge home-building industry where other professions are moving in to profit from the need for affordable housing. The vast majority of homebuyers today view housing as a commodity and are unwilling to spend more on an architect-designed house. Architects must expand the market for their services to include a far greater percentage of new buildings. It is my contention that the new place for architects is in the design of speculative housing as expert consultant to the developer. The practice of architecture must change emphasis to consider more social and economic concerns. The attitudes and skills currently being taught in architecture schools must change to reflect the new needs of the profession. Architects must be taught behavioral psychology, demographics, and building economics to enable them to apply their knowledge to the market, thereby rendering the architect’s services indispensable to developers and the housing industry. Architectural education must play a key role in redefining the scope of the profession.

New business model of flexible housing

NARCIS (Netherlands)

Zairul, Z.; Geraedts, R.P.

2015-01-01

The Open Building (OB) and the concept of flexible housing has alwaysassociated with user’s ability to respond to changing demand. It is necessary that housing can adap to changing market conditions and different users’ requirements. Flexibility makes a crucial concept that one cannot ignore.

24 CFR 791.402 - Determination of low-income housing needs.

Science.gov (United States)

2010-04-01

... ASSISTANCE PROGRAMS AND PUBLIC AND INDIAN HOUSING PROGRAMS) ALLOCATIONS OF HOUSING ASSISTANCE FUNDS... housing units that would be required to maintain vacancies at levels typical of balanced market conditions...

COMPETITIVE FEATURES IN THE MARKET STRUCTURE OF HOUSING PROPERTY WITH REGARD TO REGIONAL DEFINITIONS

Directory of Open Access Journals (Sweden)

Kostyantyn Pavlov

2017-09-01

Full Text Available The subject of research. Given the steady demand for residential real estate, the low solvency of the population, and unbalanced development of individual segments of the regional housing market, competition issues and the mechanism of its operation, today is very relevant. Real estate is one of the components of the national economy because it carries more than half of total world wealth and its stable functioning is one of the most complex processes of market transformations occurring in the country. Active functioning property markets are a prerequisite for the sustainable development of cities and regions of the country. This development is the basis for the effective management of regional and implemented in the system of national governance and local governance. In modern terms, Ukraine is at the stage of the market system, one of which is real estate market. From the way, the subject of study is a competitive relationship, and especially their formation in the regional real estate market. Methodology. In order to carry out a thorough study, there was elaborated numerous scientific literature authored by leading scientists of Ukraine, Europe, and the former Soviet Union camp to define the concepts of “competition”, “regional market”, “real estate”, “residential property”. According to the research of current problems and competitive features in the structure of the real estate market on the basis of regional specificity, a logical systematization of these concepts is made. Results of the research allowed us to “carry” a clear parallel between the correlation of factors and competitive impact on the regional real estate market of the potential buyers, the developer and manufacturer of products directly to real estate as an object relationship. Practical implications. The article is to study the specific competitive position in the regional real estate market in Ukraine and also features of exposure to it by consumers

A Spatial Analysis of Population Distribution and Housing Patterns ...

African Journals Online (AJOL)

Population is a vital componentof development in any country including Nigeria. Housing is a physical andsocial necessity of life which holds a place of strategic importance indevelopment. However, the high rate of population growth in Nigeria (3.2%)and associated rural-urban migration contribute largely to housing needs ...

Online marketing improvement based on marketing psychology, case: Roomsevilla

OpenAIRE

Laakkonen, Roosa

2013-01-01

The purpose of this thesis was to study and find out the best cost-effective online marketing channels for a Spanish housing agency Roomsevilla in order to strengthen its online marketing. In addition, this thesis aims to find out how the case company can use marketing psychology in its online marketing. The theoretical part includes online marketing, marketing mix and marketing psycho- logy which were collected from various books, online journals and websites. Also Cialdini's 6 Principle...

Marketing program for R2000 in Ontario

International Nuclear Information System (INIS)

Killins, B.L.

1990-01-01

In the Ontario new housing market, Ontario Hydro's goal is to reduce the demand for electricity, increase the utility's visibility in this market, and increase customer satisfaction. Analyses have demonstrated that it costs less to construct new houses according to R-2000 insulation standards than to install new power production and transmission facilities. Research has also shown that R-2000 houses have better air quality and energy efficiency than ordinary houses. Nevertheless, most home builders have little enthusiasm for R-2000 houses; the strictness of airtightness standards, the slowness of certification, excessive paperwork, and a lack of promised marketing support are cited as the reasons for this. Ontario Hydro and builders' associations have signed a cooperative agreement for certifying new houses with the object of self-financing the program. The program intends to see construction of 1,000 R-2000 houses in 1990. To carry out this objective, some elements have been added to Ontario Hydro's marketing program in order to make potential customers aware of the advantages of the R-2000 house. Field staff will receive rigorous training in order to prepare them for helping the diverse types of builders. A mail campaign, focusing on areas not served by natural gas where significant numbers of new houses are being built, intends to bring home builders and buyers together. In February 1990, Ontario Hydro signed agreements with four major housing manufacturers to construct a significant proportion of the R-2000 housing stock

The effects of laboratory housing and spatial enrichment on brain size and metabolic rate in the eastern mosquitofish, Gambusia holbrooki

Directory of Open Access Journals (Sweden)

Mischa P. Turschwell

2016-03-01

Full Text Available It has long been hypothesised that there is a functional correlation between brain size and metabolic rate in vertebrates. The present study tested this hypothesis in wild-caught adult mosquitofish Gambusia holbrooki by testing for an intra-specific association between resting metabolic rate (RMR and brain size while controlling for variation in body size, and through the examination of the effects of spatial enrichment and laboratory housing on body mass-independent measures of brain size and RMR. Controlling for body mass, there was no relationship between brain size and RMR in wild-caught fish. Contrary to predictions, spatial enrichment caused a decrease in mass-independent brain size, highlighting phenotypic plasticity in the adult brain. As expected, after controlling for differences in body size, wild-caught fish had relatively larger brains than fish that had been maintained in the laboratory for a minimum of six weeks, but wild-caught fish also had significantly lower mass-independent RMR. This study demonstrates that an organisms' housing environment can cause significant plastic changes to fitness related traits including brain size and RMR. We therefore conclude that current standard laboratory housing conditions may cause captive animals to be non-representative of their wild counterparts, potentially undermining the transferability of previous laboratory-based studies of aquatic ectothermic vertebrates to wild populations.

Prefabricated house in real estate business development in Jabodetabek

Science.gov (United States)

Gumilang Raksamala Basmara Putra, Raka; Susanto, Dalhar

2017-12-01

Within constructional technology prefabricated house is known as a house whose most of the components like walls, roofs, toilets, and structural cubes and columns are designated and produced in factory and assembled in site. Based on the experience in certain countries, prefabricated house has successfully entered commercial market. Prefabricated house shows a better infestation value than conventional houses. With prefabrication technology, building construction could be done faster and cost lower price, along with a good craftsmanship quality. Until now, Indonesia is still facing settlements issues and one of them is housing backlog whose amount revolves around 13 Million units. Prefabricated houses potentially solve the settlement issue in Indonesia in a much faster way. Yet the development of prefabricated house has not been accepted well in the market yet, both by the producers and the consumers. This writing talks about the result of the research about the causes of the lack of development in Indonesia when it comes to prefabricated houses though the method of comparison; comparing prefabricated house with conventional house when it comes to its 1) productivity rate, 2) consumers preference and 3) infestation performance. The data is collected through survey methods, interview and questionnaires. The result shows that even though the productivity rate when it comes to quality and time is high, prefabricated house shows low productivity when it comes to cost because it requires greater cost than it is in conventional houses. Other than that, the lack of business development when it comes to prefabricated houses is caused by the low preference of consumers toward the product- because of its inflexibility and monotonous appearance. The infestation of prefabricated house development shows a low NPV and IRR. With a more proper infestation approach such as mass constructions with effective numbers, good flexibility, and various appearances, prefabricated house

RESPONSIVENESS OF SPATIAL PRICE VOLATILITY TO INCREASED GOVERNMENT PARTICIPATION IN MAIZE GRAIN AND MAIZE MEAL MARKETING IN ZAMBIA

OpenAIRE

Syampaku, E.M; Mafimisebi, Taiwo Ejiola

2014-01-01

The study analyzed the responsiveness of maize grain and maize meal spatial price volatilities to increased government participation in maize grain marketing in Zambia using descriptive statistics and vector auto-regression (VAR). This was achieved by comparing spatial price volatility means and spatial price means for the period under increased government participation with respective means for periods under limited government participation. Also, spatial price volatilities were regressed ag...

Social mixing through densification? The struggle over the Little Mountain public housing complex in Vancouver

Directory of Open Access Journals (Sweden)

Rosol, Marit

2015-09-01

Full Text Available In times of peak-oil and the on-going ‘urban renaissance’ (Porter and Shaw 2009, urban densification becomes increasingly more important. Densification is promoted not only for environmental reasons – in the sense of developing more compact and thus more sustainable cities – but also, as is the case in Vancouver, in the name of ‘social mixing’. Taking the conflict over “Little Mountain” – the oldest public housing complex in the province of British Columbia, Canada – as example, the article shows the conflicts that can arise in the process of densification. Despite the protests of residents and their supporters and without any concrete plans for redevelopment, almost all of the once 224 social housing units were demolished in 2009 to make room for at least 1,400 market condos (besides the 1-for-1 replacement of the social units. The example shows that densification processes that lack social measures for securing tenure for long-time residents lead to the displacement of poorer people, and to increased socio-spatial disparities. Furthermore, densification will not alleviate the affordability crisis but intensify it, if all the additionally created housing units will be market-housing only. Based on this example, the article shows that a purported social-mix policy is mainly motivated by recapturing prime real-estate, and identifies the rhetoric of ‘social mixing’ as ‘gentrification by stealth’ (Bridge et al. 2012.

Fire Sales and House Prices

DEFF Research Database (Denmark)

Andersen, Steffen; Meisner Nielsen, Kasper

We exploit a natural experiment in Denmark to investigate when forced sales lead to fire sale discounts. Forced sales result from sudden deaths of house owners in an institutional environment in which beneficiaries are forced to settle the estate, and hence sell the house, within 12 months. We...... and the urgency of the sale also affect the average discount: Discounts are larger when house prices contract, in thin markets where demand is lower, and when the sale is more likely to be a fire sale because of financial or liquidity constraints. Late fire sales are more likely when the house price...... forced sales lead to fire sale discounts....

Beyond home ownership: housing, welfare and society

NARCIS (Netherlands)

Ronald, R.; Elsinga, M.

2012-01-01

In context of ongoing transformations in housing markets and socioeconomic conditions, this book focuses on past, current and future roles of home ownership in social policies and welfare practices. It considers owner-occupied housing in terms of diverse meanings and manifestations, but in

24 CFR 888.405 - Amount of the retroactive Housing Assistance Payments.

Science.gov (United States)

2010-04-01

... DIRECT LOAN PROGRAM, SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM AND SECTION 811 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES PROGRAM) SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM-FAIR MARKET...

The solar house that rotates

International Nuclear Information System (INIS)

Miloni, R.P.

2001-01-01

This article describes an innovative solar building in Weiz, Austria, that uses passive solar technologies, photovoltaics and a ground-coupled heat pump to cover its minimal energy requirements. The house, which follows the sun by rotating around its central axis, is described in detail, including its climatic design and its 'plus-energy' concept. Details are also given on the materials used in the house's construction and the functioning of its thermal insulation. The various operating modes of the house from the systems point of view are described for differing seasons and climatic extremes. Marketing aspects for this standardised house, featuring personal-computer-based on-line definition of facade cladding, fittings, photovoltaic power, furnishings etc. and real-time rendering of the house are also discussed

Gender-specific spatial interactions on Dutch regional labour markets and the gender employment gap

NARCIS (Netherlands)

Noback, Inge; Broersma, Lourens; Van Dijk, Jouke

2013-01-01

Gender-specific spatial interactions on Dutch regional labour markets and the gender employment gap, Regional Studies. This paper analyses gender-specific employment rates and the gender employment gap in Dutch municipalities for 2002. The novelty of this analysis is that it takes into account the

The Relationship between Housing Finance and Macroeconomics Variables in Malaysia

Directory of Open Access Journals (Sweden)

Binti Mohd Shukor Nur Baizura

2016-01-01

Full Text Available Housing finance is one of the factors that contribute in the overall economy growth of the country. The purpose of this paper is to analyse the relationship of housing finance variable and the macroeconomic variables in Malaysia. By adopting time series technique of Vector Auto regression (VAR and Impulse Response to determine the dynamic relationship between the macroeconomic and housing finance variable. The cointegration result shows that there exists a long run relationship between the macroeconomic variable and housing finance variable. The finding from impulse response function indicates that Gross Domestic Product (GDP response positively to the Primary Mortgage Market (PMM, which shows that during the good economy there are more housing loan extends by the banking institution. Meanwhile, interest rate response negatively to Secondary Mortgage Market (SMM, which implies that during the financial crisis, more housing loan sold to the Secondary Mortgage Market as one of the measure by the government to increase liquidity in banking institutions. As a conclusion, there is presence of relationship between the variable which change in one variable will affect the other variable in the long run.

Passive house networks : How can they deliver?

NARCIS (Netherlands)

Mlecnik, E.

2009-01-01

This paper examines experiences with the diffusion of the passive house concept, applied to the situation of ‘emerging’ countries like Belgium and the Netherlands. Adopter categories considering the passive house concept are defined. A marketing study based on Rogers’ theory of diffusion of

Households' willingness to pay for public housing

NARCIS (Netherlands)

van Ommeren, J.; van der Vlist, A.J.

2016-01-01

In the presence of price controls, nonmarket housing allocation mechanisms such as queueing prevent households from revealing their marginal willingness to pay for housing through market prices. We derive the households' marginal willingness to pay using the intuitive idea that the length of the

HEDONIC ESTIMATION OF HOUSING MARKET PRICES IN TURKEY

OpenAIRE

YAYAR, Rüştü; DEMİR, Derya

2015-01-01

In this study, there has been aimed to determine the factors that affect the price of flats in the housing sector in Turkey with a hedonic pricing model. According to the model results, the house’s having residential swimming pool, a jacuzzi and a water tank, its being a duplex, its central heating system, its being closer to the center, the size of the house, the bathroom floor’s being vinyl or PVC, being closer to banking services and compulsory education services,  its having  cable TV, te...

Housing wealth and household portfolios in an aging society

NARCIS (Netherlands)

Rouwendal, J.

2009-01-01

Housing is one of the most important consumption goods, also for the elderly. For owner-occupiers, housing equity is moreover usually the most important asset in their investment portfolio, and hence, household wealth of the elderly is extremely sensitive to developments on the housing market. This

Determination of the Factors That Affect House Prices in Turkey by Using Hedonic Pricing Model

OpenAIRE

Kaya, Aslı; Atan, Murat

2014-01-01

The primary purpose of this paper is to analyze the marginal effects of various features of the houses on the prices to observe the price changes in the Turkish housing market which follows a heterogeneous pattern. As the second concern, it is aimed to declare the results and additionally to define Turkish housing market and its submarkets which affect the market itself and to calculate the pure price changes of the houses with constant features. Hedonic pricing model is applied on the data o...

Housing and the Monetary Transmission Mechanism

OpenAIRE

Frederic S. Mishkin

2007-01-01

The housing market is of central concern to monetary policy makers. To achieve the dual goals of price stability and maximum sustainable employment, monetary policy makers must understand the role that housing plays in the monetary transmission mechanism if they are to set policy instruments appropriately. In this paper, I examine what we know about the role of housing in the monetary transmission mechanism and then explore the implications of this knowledge for the conduct of monetary policy...

House Prices and the stance of Monetary Policy.

OpenAIRE

Jarociński, Marek; Smets, Frank

2008-01-01

This paper estimates a Bayesian VAR for the US economy which includes a housing sector and addresses the following questions. Can developments in the housing sector be explained on the basis of developments in real and nominal GDP and interest rates? What are the effects of housing demand shocks on the economy? How does monetary policy affect the housing market? What are the implications of house price developments for the stance of monetary policy? Regarding the latter question, we implement...

Social housing for workers – A new housing model for Ho Chi Minh City, Vietnam

Science.gov (United States)

Ngo, L. M.

2018-04-01

Urbanization in Ho Chi Minh City (HCMC), Vietnam is rapidly increasing. Therefore, social housing for workers who work at industrial park and processing areas, is indispensable. There are difficulties and conflicts which still remain in developing the social housing for those people in HCMC. For example, the demand of social housing is high, however employers and/or business owners did not fully pay their attentions on social houses to support the workers. On another hand, even if they built the houses, these one seem not to be sufficient for the demands and/or unable to be competed to the rental housing market from private landlords. Building a social housing model for those workers is a vital importance, this aims to improve the quality of life for the workers; for examples, healthcare, personal safety, social relationships, emotional well-being, quality of living environment, etc. In this research, we study the investment, management, and operation of the social housing for workers in HCMC. This also seeks a new housing model which will adapt the criteria towards the sustainable economic development of HCMC.

Housing Welfare Policies in Scandinavia

DEFF Research Database (Denmark)

Jensen, Lotte

2013-01-01

It is commonplace to refer to the Nordic countries of Sweden, Norway, Denmark, Finland and Iceland as a distinctive and homogenous welfare regime. As far as social housing is concerned, however, the institutional heritage of the respective countries significantly frames the ways in which social...... housing is understood, regulated and subsidized, and, in turn, how housing regimes respond to the general challenges to the national welfare states. The paper presents a historical institutionalist approach to understanding the diversity of regime responses in the modern era characterized by increasing...... marketization, welfare criticism and internationalization. The aim is to provide outside readers a theoretically guided empirical insight into Scandinavian social housing policy. The paper first lines up the core of the inbuilt argument of historical institutionalism in housing policy. Secondly, it briefly...

Housing's impact on wood products sales

Science.gov (United States)

Matt Bumgardner; Urs Buehlmann; Karen. Koenig

2017-01-01

What are the market conditions for woodworkers involved in construction-based sectors and what investments are planned to improve capabilities in the current business environment? For a fifth straight year, construction-based mar­kets continued their growth trends in 2016, as U.S. spending on single family housing, multi-family housing, and nonresidential construction...

77 FR 54602 - Notice of Intent To Conduct Affirmatively Furthering Fair Housing Demonstration in Baltimore, MD...

Science.gov (United States)

2012-09-05

... available in mixed-income, integrated communities. In addition, HUD will require that this new affordable... fair housing marketing plan satisfactory to HUD for both the market-rate units and the units that will... (a satisfactory affirmative fair housing marketing plan must include marketing of affordable units to...

Energy efficiency and economic value in affordable housing

International Nuclear Information System (INIS)

Chegut, Andrea; Eichholtz, Piet; Holtermans, Rogier

2016-01-01

Strong rental protection in the affordable housing market often prohibits landlords from charging rental premiums for energy-efficient dwellings. This may impede (re)development of energy efficient affordable housing. In the Netherlands, affordable housing institutions regularly sell dwellings from their housing stock to individual households. If they can sell energy efficient dwellings at a premium, this may stimulate investments in the environmental performance of homes. We analyze the value effects of energy efficiency in the affordable housing market, by using a sample of 17,835 homes sold by Dutch affordable housing institutions in the period between 2008 and 2013. We use Energy Performance Certificates to determine the value of energy efficiency in these transactions. We document that dwellings with high energy efficiency sell for 2.0–6.3% more compared to otherwise similar dwellings with low energy efficiency. This implies a premium of some EUR 3,000 to EUR 9,700 for highly energy efficient affordable housing. - Highlights: • Dutch affordable housing suppliers recoup sustainability investment by selling dwellings. • Energy-efficient affordable dwellings sell at a premium. • A-labeled dwellings are 6.3% – 9,300 euros – more valuable than C-labeled ones. • The combined value effect of refurbishing an affordable housing dwelling, including improving the energy efficiency, of 20% would more than pay for the retrofit.

Energy efficient industrialized housing research program

Energy Technology Data Exchange (ETDEWEB)

Berg, R.; Brown, G.Z.; Finrow, J.; Kellett, R.; McDonald, M.; McGinn, B.; Ryan, P.; Sekiguchi, Tomoko (Oregon Univ., Eugene, OR (USA). Center for Housing Innovation); Chandra, S.; Elshennawy, A.K.; Fairey, P.; Harrison, J.; Mazwell, L.; Roland, J.; Swart, W. (Florida Solar Energy Center, Cape Canaveral, FL (USA))

1989-12-01

This document describes the research work completed in five areas in fiscal year 1989. (1) The analysis of the US industrialized housing industry includes statistics, definitions, a case study, and a code analysis. (2) The assessment of foreign technology reviews the current status of design, manufacturing, marketing, and installation of industrialized housing primarily in Sweden and Japan. (3) Assessment of industrialization applications reviews housing production by climate zone, has a cost and energy comparison of Swedish and US housing, and discusses future manufacturing processes and emerging components. (4) The state of computer use in the industry is described and a prototype design tool is discussed. (5) Side by side testing of industrialized housing systems is discussed.

U.S. broiler housing ammonia emissions inventory

Science.gov (United States)

Gates, R. S.; Casey, K. D.; Wheeler, E. F.; Xin, H.; Pescatore, A. J.

Using recently published baseline ammonia emissions data for U.S. broiler chicken housing, we present a method of estimating their contribution to an annual ammonia budget that is different from that used by USEPA. Emission rate increases in a linear relationship with flock age from near zero at the start of the flock to a maximum at the end of the flock, 28-65 days later. Market weight of chickens raised for meat varies from "broilers" weighing about 2 kg to "roasters" weighing about 3 kg. Multiple flocks of birds are grown in a single house annually, with variable downtime to prepare the house between flocks. The method takes into account weight and number of chickens marketed. Uncertainty in baseline emissions estimates is used so that inventory estimates are provided with error estimates. The method also incorporates the condition of litter that birds are raised upon and the varying market weight of birds grown. Using 2003 USDA data on broiler production numbers, broiler housing is estimated to contribute 8.8-11.7 kT ammonia for new and built-up litter, respectively, in Kentucky and 240-324 kT ammonia for new and built-up litter, respectively, nationally. Results suggest that a 10% uncertainty in annual emission rate is expected for the market weight categories of broilers, heavy broilers, and roasters. A 27-47% reduction in annual housing emission rate is predicted if new rather than built-up litter were used for every flock. The estimating method can be adapted to other meat bird building emissions and future ammonia emission strategies, with suitable insertion of an age-dependent emission factor or slope into a predictive model equation. The method can be readily applied and is an alternative to that used by USEPA.

Choices and changes in the housing market and community preferences: Reasons for the emergence of gated communities in Egypt

Directory of Open Access Journals (Sweden)

Rana Tawfiq Almatarneh

2013-09-01

Full Text Available In the mid-1990s, the Egyptian government embarked on selling large portions of public land to private-sector real estate developers – a major policy shift toward privatization of urban development. To date, the development of more than a hundred privately planned gated residential communities indicates a mass trend in new-town urban development on the outskirts of the Greater Cairo Region (GCR. These private gated residential communities offer a wide range of housing schemes, ranging from middle-class to high-end distinctive, luxurious villas and apartments. In contrast with conventional new-town “master-planning” principles, these large housing developments demonstrate novel design, planning and implementation criteria that reflect market-driven forces rather than standard orthodox public-interest norms. This study attempts to articulate these unconventional factors by investigating the reasons behind gated communities’ proliferation from the perspective of developers in the GCR. This paper argues that real estate developers use common grouping factors in their advertising, such as design, planning, and marketing principles, to re-shape people’s desires and wants. The paper concludes that advertisements package a place as a commodity, romanticize a lifestyle, and sell it as an attractive place that is free of problems.

Denmark in Scotland: The energy and housing market 1988. Danmark i Skotland: Energi- og boligmarkedet 1988

Energy Technology Data Exchange (ETDEWEB)

Joergensen, K

1988-02-01

A Danish architect and planning firm, ''Praxis'' (Aarhus), and the Scottish firm ''Heatwise'' (Glasgow), backed up by the Ministry of Housing, the Scottish Development Agency and the European Communities, have cooperated in order to examine the Scottish market for Danish ''know-how'' concerning energy conservation and efficiency in relation to the heating of residential buildings. Danish experts could also advise on energy policy and planning and renewable energy sources. The buildings on a large peripheral housing estate were examined in detail, especially with regard to heat losses caused by insufficient insulation and inefficient heating systems. it was discovered that the cost of raising the standard of heating in Scottish residences to that of the average Danish ones would be approximately 7 milliard pounds including necessary general repairs and upheep. There are also many barriers to development inspired by Danish know-how and technology - some being the lack of economical resources and as Glasgow is a town with great poverty problems, other needs hold higher priority amongst its inhabitants. However cooperation between the Danish and English firms will continue. (AB).

The Italian experience for the recovery of the housing market. An economic model applied to the management of local governments

Directory of Open Access Journals (Sweden)

Gianluigi De Mare

2013-08-01

Full Text Available Following the crisis generated by the financialization of private real-estate, construction prices have gradually decreased depriving the housing market of the necessary growth stimuli. Many countries have set up measures to revive this highly strategic area for the national economy. With reference to the Campania Region Law n. 19 dated 28 December 2009, known Housing Plan, this work has two objectives: to recognize the fundamental estimation problems that need to be solved in the implementation of the Campania Housing Plan; in addition, predict the effects of the regulations on the regional economy, both in overall terms as well as for each production sector, with particular attention being given to the construction industry. Regarding the first objective, the contents of the law are analysed on the basis of the principles that govern the appraisal. The consequences of the Campania Housing Plan on the economic system are then evaluated using input-output matrices, which are able to capture the structural relationships that exist among the various productive sectors. The numerical calculations require a preliminary investigation aimed at collecting a list of interventions approved by local governments in accordance to the Housing Plan. The cost of the works, as proposed in the applications submitted to the local administrations, is the input data for the implementation of the Social Accounting Matrix 2010 of the Campania Region.

Toward micro-scale spatial modeling of gentrification

Science.gov (United States)

O'Sullivan, David

A simple preliminary model of gentrification is presented. The model is based on an irregular cellular automaton architecture drawing on the concept of proximal space, which is well suited to the spatial externalities present in housing markets at the local scale. The rent gap hypothesis on which the model's cell transition rules are based is discussed. The model's transition rules are described in detail. Practical difficulties in configuring and initializing the model are described and its typical behavior reported. Prospects for further development of the model are discussed. The current model structure, while inadequate, is well suited to further elaboration and the incorporation of other interesting and relevant effects.

Preliminary Assessment of Spatial Competition in the Market for E85

Energy Technology Data Exchange (ETDEWEB)

Bentley Clinton

2017-02-01

The Preliminary Assessment of Spatial Competition in the Market for E85 presentation and supplementary report from the U.S. Department of Energy’s National Renewable Energy Laboratory examine how the spacing of E85 fueling stations impacts E85 retail pricing. The analysis finds an inverse correlation between station density and E85 prices, with local competition putting downward pressure on E85 prices. A gas station with E85 whose nearest competitor is within a 0.5 mile radius is associated with a lower E85 price per gallon than an otherwise identical station with E85 whose nearest competitor is farther away. The analysis also finds a higher level of correlation between E85 and both E10 and wholesale gasoline prices than with ethanol costs. This indicates that E85 may, in fact, be priced with respect to its substitute fuel, and not based on the cost of its inputs. These findings help identify key trends and barriers in E85 markets and highlight data gaps that, if addressed, could help enable competitive E85 markets. The analysis was released in February 2017 and uses national and Minnesota-specific price data.

Labour market emancipation results in booming Dutch owner-occupied housing market

NARCIS (Netherlands)

Boumeester, H.J.F.M.

2009-01-01

During the 1970s and 1980s, the proportion of dual-income households in the Netherlands increased rapidly. Dutch society lagged a little behind other Western societies in terms of the emancipation of women in the labour market, but women began to enter the labour market more often and continue

Feasibility study and marketing strategy for climate compensated products; Haalbaarheidsonderzoek en marketingstrategie voor klimaatgecompenseerde producten

Energy Technology Data Exchange (ETDEWEB)

Schneider, H.C.; Van Boetzelaer, J.C.S.

2000-05-01

Energy conservation and other options to reduce the emission of greenhouse gases are important aspects in climatic change policy. In order to offer consumers choices for such options the Dutch Ministry of Housing, Spatial Planning and Environment (VROM) a number of tools and ideas have been developed. In this report the feasibility of so-called climatic change compensation for consumer products is determined and a marketing communication strategy elaborated for two products: 'green' (i.e. environment-friendly) petrol and a 'climate broker', who can help suppliers of consumer products to buy and sell (marketing) climate compensated products. 13 refs.

A CRITICAL REVIEW ON THE EFFECT OF HOUSING INDUSTRY TO THE GLOBAL FINANCIAL CRISIS: THE CASE OF TURKEY

Directory of Open Access Journals (Sweden)

Cem BERK

2010-01-01

Full Text Available The overall aim of the research presented is to investigate the relationship between the macroeconomic factors linked with financial crises and housing industry in Turkey. The research includes empirical investigation in a regression based model using mostly the Turkish market data. The ability of public intervention, indicated by central bank reserves and corporate bankruptcies are statistically effective in the performance of housing market. There is weak statistical dependence of housing on financial crisis. The research is based on Turkish market data between the period 2002-2009. The research can be extended with global market data especially from the emerging market for a comparative study. Research in this field should focus more to industry dynamics rather than macroeceonomic variables explaining crisis to explore housing sector dynamics. The real estate managers should look to central bank reserves and corporate bankruptcies more closely as a macroeceonomic variable affecting housing industry. The effect of macroeceonomic variables in the period of financial volatility is limited in the housing market, whereas industry factors should be analized. Central bank reserves and corporate bankruptcies are important indicators of housing industry growth that can be used as an instrument. To to the author’s knowledge, the paper is the first study to investigate the link between financial crisis and housing market in Turkey.

The financialization of Danish cooperatives and the debasement of a collective housing good

DEFF Research Database (Denmark)

Bruun, Maja Hojer

2018-01-01

The article tells the story of Danish cooperative housing’s radical transformation from a collective housing good and commons to a financialized asset during the 2000s when neoliberal housing reforms were introduced and the mortgage finance market was deregulated. Processes of financialization...... and private interests. Housing cooperatives have existed as a form of collective housing throughout the 20th century, balanced, on the one hand, between the reproduction of kin, family and local communities and the common good and, on the other, between the market and the reproduction of the base for both...... families, local communities and the larger public sharing the housing commons. During the 2000s, processes of financialization brought the market and the cooperatives' base so close together, primarily through new mortgaging opportunities, that families and communities have lost their savings and the base...

The financialization of Danish cooperatives and the debasement of a collective housing good

DEFF Research Database (Denmark)

Bruun, Maja Hojer

2018-01-01

The article tells the story of Danish cooperative housing’s radical transformation from a collective housing good and commons to a financialized asset during the 2000s when neoliberal housing reforms were introduced and the mortgage finance market was deregulated. Processes of financialization...... families, local communities and the larger public sharing the housing commons. During the 2000s, processes of financialization brought the market and the cooperatives' base so close together, primarily through new mortgaging opportunities, that families and communities have lost their savings and the base...... of collectively-owned housing have to be understood not only in relation to the dynamics of the surrounding housing market and political-economic changes but also to the communities and social relations that they presuppose and feed off, often in contradictory ways, as people are motivated by both solidarity...

The financialization of Danish cooperatives and the debasement of a collective housing good

DEFF Research Database (Denmark)

Bruun, Maja Hojer

2018-01-01

The article tells the story of Danish cooperative housing’s radical transformation from a collective housing good and commons to a financialized asset during the 2000s when neoliberal housing reforms were introduced and the mortgage finance market was deregulated. Processes of financialization...... and private interests. Housing cooperatives have existed as a form of collective housing throughout the 20th century, balanced, on the one hand, between the reproduction of kin, family and local communities and the common good and, on the other, between the market and the reproduction of the base for both...... families, local communities and the larger public sharing the housing commons. During the 2000s, processes of financialization brought the market and the cooperatives’ base so close together, primarily through new mortgaging opportunities, that families and communi- ties have lost their savings...

Income inequality and access to housing in Europe

NARCIS (Netherlands)

Dewilde, C.L.; Lancee, B.

2013-01-01

This article analyzes the relationship between income inequality and access to housing for low-income homeowners and renters ‘at market rent’ across Europe. We develop three arguments that explain how inequality affects housing affordability, quality, and quantity—together these dimensions indicate

United States housing, second quarter 2013

Science.gov (United States)

Delton Alderman

2017-01-01

The U.S. housing market’s quarter two results were disap¬pointing compared with the first quarter. Although overall expected gains did not materialize, certain sectors improved slightly. Housing under construction, completions, and new and existing home sales exhibited slight increases. Overall permit data declined, and the decrease in starts was due primarily to a...

Evaluation of Mass Housing at the Pre-Design Stage

Directory of Open Access Journals (Sweden)

Kozan UZUNOĞLU

2014-09-01

Full Text Available Throughout history, housing has been a central problem in the lives of human beings. Housing, which includes shelter for family and functional volumes that meet social needs, used to be built specifically for the family. The concept of “Mass Housing” entered the field of architecture as a result of the industrial revolution, when lavish Renaissance housing gradually turned into housing for workers. Today, the demand for housing cannot keep up with fast-growing populations. Besides the quantitative problems of housing production, there is the ever- growing problem of quality, the solution to which lies with designer architects. On this issue of quality, Post Occupation Evaluation (POE studies, conducted to provide data for upcoming designs, and certificate evaluations like LEED and BREEAM, aimed at measuring energy performance effectiveness of new buildings, mostly involve measurements of usage of the building envelope, environmental relations, facilities and usage of natural resources. None prioritize the form and function issues of spatial usage in architectural designs. This study proposes a method that enables spatial and functional measurement and assessment at the project stage. The suggested spatial performance measurement–assessment system has three stages. In the first stage, the standards and usage criteria to be used as reference in the assessment are defined. The second stage suggests using the SAR analysis approach, and the third stage is about conducting “Spatial Performance Assessment”. Here, the common denominator of “User System” and “Building System”, which shares characteristic design criteria “Form, Function,Construction” is established and by this way, testing and assessing the subject of study becomes possible. With these assessments, by providing digitalization of spatial performance with proportional values, it is believed that a database for the provision of statistical information may be established.

24 CFR 221.795 - Displacement-below market interest rate mortgages.

Science.gov (United States)

2010-04-01

... Rights and Obligations-Moderate Income Projects § 221.795 Displacement—below market interest rate... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Displacement-below market interest rate mortgages. 221.795 Section 221.795 Housing and Urban Development Regulations Relating to Housing...

Spatial analysis of cattle and shoat population in Ethiopia: growth trend, distribution and market access.

Science.gov (United States)

Leta, Samson; Mesele, Frehiwot

2014-01-01

The livestock subsector has an enormous contribution to Ethiopia's national economy and livelihoods of many Ethiopians. The subsector contributes about 16.5% of the national Gross Domestic Product (GDP) and 35.6% of the agricultural GDP. It also contributes 15% of export earnings and 30% of agricultural employment. The livestock subsector currently support and sustain livelihoods for 80% of all rural population. The GDP of livestock related activities valued at 59 billion birr. Ethiopian livestock population trends, distribution and marketing vary considerably across space and time due to a variety of reasons. This study was aimed to assess cattle and shoat population growth trend, distribution and their access to market. Regression analysis was used to assess the cattle and shoat population growth trend and Geographic Information Systems (GIS) techniques were used to determine the spatial distribution of cattle and shoats, and their relative access to market. The data sets used are agricultural census (2001/02) and annual CSA agricultural sample survey (1995/96 to 2012/13). In the past eighteen years, the livestock population namely cattle, sheep and goat grew from 54.5 million to over 103.5 million with average annual increment of 3.4 million. The current average national cattle, sheep and goat population per km(2) are estimated to be 71, 33 and 29 respectively (excluding Addis Ababa, Afar and Somali regions). From the total livestock population the country owns about 46% cattle, 43% sheep and 40% goats are reared within 10 km radius from major livestock market centres and all-weather roads. On the other hand, three fourth of the country's land mass which comprises 15% of the cattle, 20% of the sheep and 21% of goat population is not accessible to market (greater than 30 km from major livestock market centres). It is found that the central highland regions account for the largest share of livestock population and also more accessible to market. Defining the

New trends in the Dutch housing market

NARCIS (Netherlands)

Boelhouwer, P.J.; Hoekstra, J.S.C.M.

2009-01-01

Every few years the planning agencies in the Netherlands draw up a prognosis for the future housing needs on the basis of economic and demographic scenarios. It is our contention that, in applying this approach, the agencies neglect to take sufficient account of the influence of cultural dynamics. A

Changes On the Housing Market of the Downtown Area in Selected Polish Cities

Directory of Open Access Journals (Sweden)

Rącka Izabela

2017-06-01

Full Text Available Large Polish cities are currently dealing with an increasing significance of downtown areas, extending outside of the city centers (meaning the area directly surrounding the city square. The downtown alone seems to influence the fate of entire cities, facilitating their success or contributing to their failure. A good demographic, social and economic condition of a downtown, its positive image and the dynamic development of the part of the city perceived as the business and administration centre and a meeting place of residents and tourists, contribute to the image and potential of the whole city to a great extent. Changes in urban surroundings, the signs of which may be observed in spatial, aesthetic, architectural, urban-planning and socio-economic aspects, determine the functioning and condition of local real estate markets. Whether potential buyers consider the real estate attractive depends on the assessment of its significant features, of which transaction price is representative. The main research objective of the article is the identification, assessment and interpretation of differences in prices registered in the years 2009-2014 in downtown residential real estate markets. These considerations have been referred to analogical phenomena within the entire cities under examination. The detailed research objective is an attempt to explain the sources of individual reactions of the analyzed real estate markets in downtown areas. The cities under research include: Bydgoszcz, Kalisz, Toruń and Wrocław. The authors applied quantitative analysis (statistical, comparative to transaction data registered in local residential real estate markets.

The toilet sanitation management to meet healthy house standards

Science.gov (United States)

Studyanto, Anung B.; Musfiroh, Mujahidatul; Sholahuddin

2018-03-01

To increase the community participation in the toilet sanitation management at house to making a house according the healthy house standart. The toilet sanitation management is becoming complex with increasing population growth, and limited land for sanitation. The community participation determines the success of the toilet sanitation management and improving the health status of the community. This study used an observation method for the availability of latrines according the healthy house criteria, spatial layout and pit layout that meet health and safety standards. Spatial and layout include bathroom area, type of material used for wall and floor bathroom, type of latrine, distance the waste storage distance with water source, and sewerage. The respondents in this study are the people who live in Jaten Village taken by accidental sampling. The number of respondents in this study were 15 respondents.This study shows that all respondents (100%) already have toilet and 8 respondents (53%) have a good toilet sanitation management. Respondents have provided latrines as an effort to manage household waste and according the healthy house standart. The latrine spatial plan has been well implemented, but the latrine layout plan has not been properly.

The meaning of competition between social and market rented housing

NARCIS (Netherlands)

Lennartz, C.; Haffner, M.E.A.; Oxley, M.J.

2009-01-01

When policy makers claim that rented housing has to become more competitive, there is no consensus on what competition in this context actually means. The same holds true for scientific housing research: Theories that have utilized the economic concept of competition tend to rely on implicit

Housing and construction

Science.gov (United States)

Delton Alderman

2014-01-01

OECD economies, in aggregate, have been sluggish; unemployment remains high in several countries, and minimal gross domestic product gains are forecast for the Euro area through 2016. Recession, sovereign debt problems and lethargic economies continue to constrain Europe’s housing construction market; no improvement is expected before 2015 or...

Two paths from lab to market: Product and standard

Science.gov (United States)

Knapp, Robert H.

2018-01-01

To shed light on the movement of sustainable technologies from basic science to widespread use, this chapter describes key aspects of the quite different paths followed by two important examples—photovoltaics (a product) and passive-house buildings (a standard). Discussion of photovoltaics includes the experience curve concept, the increasing significance of balance-of-system costs, and the importance of market heterogeneity (niches and sub-national markets) to the long-term trajectory of major cost reductions. Discussion of passive-houses highlights the array of technical developments needed for present-day energy efficient houses, and the relevance of "stretch" standards to the development of a market for very high-performance houses.

Cash-Cow into the Purse of Malaysian Property Investors: Students Housing Investment

Directory of Open Access Journals (Sweden)

Zubairu Abubakar Ghani

2017-08-01

Full Text Available Growing demand for higher education (HE and increasing students enrolment in higher education institutions (HEI has been a global issue especially in the last three decades and housing the growing student population has become a dilemma for all concern HEIs stakeholders. Globally increasing demand for HE and enrolment has long been not corresponding with student housing supply. Most HEIs provide housing accommodation for a small proportion of their total students’ population while the majority depend on private rental sector for their alternative housing. In most of the HEIs neighbouring community residential houses were rented out to students. These houses are not sufficient to accommodate the teaming student population because the market is dominated by traditional small-scale private developers. However, with the continuing expansion and demand for HE, increasing enrolment and increasing students housing demand, the study highlighted and suggested for private investors to pull up and dig into student housing investment. This will ameliorate and fill the shortfall created by inadequacy of HEIs housing provision. Student housing investment is a resilient market, lucrative venture and guaranteed cash cow.

Preliminary Assessment of Spatial Competition in the Market for E85

Energy Technology Data Exchange (ETDEWEB)

Clinton, Bentley [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2017-02-01

Anecdotal evidence suggests retail E85 prices may track retail gasoline prices rather than wholesale costs. This indicates E85 prices may be higher than they would be if priced on a cost basis hence limiting adoption by some price-sensitive consumers. Using publicly available and proprietary E83 and regular gasoline price data, we examine pricing behavior in the market for E85. Specifically, we assess the extent to which local retail competition in E85 markets decreases E85 retail prices. Results of econometric analysis suggest that higher levels of retail competition (measured in terms of station density) are associated with lower E85 prices at the pump. While more precise causal estimates may be produced from more comprehensive data, this study is the first to our knowledge that estimates the spatial competition dimension of E85 pricing behavior by firms. This is an initial presentation; a related technical report is also available.

Long range dependency and forecasting of housing price index and mortgage market rate: evidence of subprime crisis

Directory of Open Access Journals (Sweden)

Nadhem Selmi

2015-05-01

Full Text Available In this paper, we examine and forecast the House Price Index (HPI and mortgage market rate in terms of the description of the subprime crisis. We use a semi-parametric local polynomial Whittle estimator proposed by Shimotsu et al. (2005 [Shimotsu, K., & Phillips, P.C.B. (2005, Exact local Whittle estimation of fractional integration. The Annals of Statistics, 33(4, 1890-1933.] in a long memory parameter time series. Empirical investigation of HPI and mortgage market rate shows that these variables are more persistent when the d estimates are found on the Shimotsu method than on the one of Künsch (1987 [Künsch, H.R. (1987. Statistical aspects of self-similar processes. In Y. Prokhorov and V.V. Sazanov (eds., Proceedings of the First World Congress of the Bernoulli Society, VNU Science Press, Utrecht, 67-74.]. The estimating forecast values are more realistic and they strongly reflect the present US economy actuality in the two series as indicated by the forecast evaluation topics.

The Measurement of Housing Preferences in the Analytic Hierarchy Process

Directory of Open Access Journals (Sweden)

Gawlik Remigiusz

2017-06-01

Full Text Available The paper focuses on an adaptation of the AHP method to elicit housing preferences on the rental market. To assess the applicability of the AHP method for residential market analyses, a survey was conducted on a group of students from Cracow University of Economics, Poland. The students were asked to evaluate the importance of particular criteria when selecting an apartment. We identified the major methodological difficulties of the utilization of the AHP method in applied research on preferences and decision-making on the housing market. Potential solutions to the mentioned limitations were also presented.

PROCESS OF HOUSING TRANSFORMATION IN IRAN

Directory of Open Access Journals (Sweden)

Mahta Mirmoghtadaee

2009-06-01

Full Text Available Iranian houses have changed dramatically in recent decades. The changes took place in three different periods in which social, economic, and technological transformations caused physical and morphological changes. This paper discusses the process of change analytically, emphasizing the importance of compatibility between the house form and lifestyle. The spatial characteristics of traditional Iranian houses reflect natural, geographical, and cultural needs. There was a harmony between people’s needs and the physical characteristics of the house. In the transition period, however, a new residential type appeared, in which living spaces were categorized according to their general functions. Spatial arrangement, together with plan layout and proportions, facilitated the limited potential for varied lifestyles. In the contemporary period, apartment buildings became prevalent. In this new type of residence, the physical characteristics of the house have changed considerably, while living habits and lifestyles have not changed at the same pace. This paper concludes that habitats should be physically harmonious with traditions and lifestyles; otherwise, residents would react and try to change the environment according to their wishes. When the environment itself is not changeable, residents have to adapt themselves to their new conditions; consequently, some valuable traditions would be lost forever.

24 CFR 888.305 - Amount of the retroactive Housing Assistance Payments.

Science.gov (United States)

2010-04-01

... DIRECT LOAN PROGRAM, SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM AND SECTION 811 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES PROGRAM) SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM-FAIR MARKET..., Section 202 Elderly or Handicapped, and Special Allocations Projects § 888.305 Amount of the retroactive...

Smart House Interconnected System Architecture

Directory of Open Access Journals (Sweden)

ALBU Răzvan-Daniel

2017-05-01

Full Text Available In this research work we will present the architecture of an intelligent house system capable to detect accidents cause by floods, gas, and to protect against unauthorized access or burglary. Our system is not just an alarm, it continuously monitors the house and reports over internet its state. Most of the current smart house systems available on the market alarms the user via email or SMS when an unwanted event happens. Thus, the user assumes that the house is not affected if an alarm message is not received. This is not always true, since the monitoring system components can also damage, or the entire system can become unable to send an alarm message even if it detects an unwanted event. This article presents also details about both hardware and software implementation.

Spatial Heterogeneity of Sustainable Transportation Offer Values: A Comparative Analysis of Nantes Urban and Periurban/Rural Areas (France

Directory of Open Access Journals (Sweden)

Julie Bulteau

2018-02-01

Full Text Available Innovative solutions have been implemented to promote sustainable mobility in urban areas. In the Nantes area (northwestern part of France, alternatives to single-occupant car use have increased in the past few years. In the urban area, there is an efficient public transport supply, including tramways and a “busway” (Bus Rapid Transit, as well as bike-sharing services. In periurban and rural areas, there are carpool areas, regional buses and the new “tram-train” lines. In this article, we focus on the impact on house prices of these “sustainable” transportation infrastructures and policies, in order to evaluate their values. The implicit price of these sustainable transport offers was estimated through hedonic price functions describing the Nantes urban and periurban/rural housing markets. Spatial regression models (SAR, SEM, SDM and GWR were carried out to capture the effect of both spatial autocorrelation and spatial heterogeneity. The results show patterns of spatial heterogeneity of transportation offer implicit prices at two scales: (i between urban and periurban/rural areas, as well as (ii within each territory. In the urban area, the distance to such offers was significantly associated with house prices. These associations varied by type of transportation system (positive for tramway and railway stations and negative for bike-sharing stations. In periurban and rural areas, having a carpool area in a 1500-m buffer around the home was negatively associated with house prices, while having a regional bus station in a 500-m buffer was non-significant. Distance to the nearest railway station was negatively associated with house prices. These findings provide research avenues to help public policy-makers promote sustainable mobility and pave the way for more locally targeted interventions.

Housing management and the creation of customer value

NARCIS (Netherlands)

Dogge, P.J.C.; Smeets, J.J.A.M.

2004-01-01

Creating customer value is the greatest challenge facing profit and non- profit landlords nowadays. By offering valuable products landlords can distinguish themselves from competitors in the housing market. In marketing literature two meanings exist for the phrase "customer value": value of a

Analysis of spatial distribution and marketing area of boutique hotels in Shanghai

Directory of Open Access Journals (Sweden)

Chu Xueqin

2017-08-01

Full Text Available Basing on data collected from Google Earth and Baidu Map,we inputed the coordinates of the address of boutique hotels,five-star hotels in Shanghai,scenic spots above 3A in the urban area of Shanghai and historical relics protection units in Shanghai et al into the Arc GIS,which locates these units in accurate position.We measured some distance data by the tool of spatial analysis.The distribution map and marketing area analysis of boutique hotel were made.

The Potentials of a Strong Social Housing Sector

DEFF Research Database (Denmark)

Nielsen, Rikke Skovgaard

2017-01-01

The paper investigates ethnic minority concentration within social housing and the potentials of a strong social housing sector through an analysis of the housing careers of Somalis and Turks in Copenhagen. In a Danish context, the two ethnic groups differ greatly with respect to migration history......, socio-economic resources and family characteristics as well as distribution between tenures. It is therefore interesting to study whether these differences lead to differences in housing market choices and constraints. The majority of the interviewed Somalis and Turks made their housing careers within...... the social housing sector, which to the interviewees offered good housing options and possibilities for shaping their own housing careers. The majority of the Somalis perceived paying interest as being incompatible with Islam. Renting thus allowed them to adhere to their religious beliefs. The advantages...

Spatially disaggregated population estimates in the absence of national population and housing census data

Science.gov (United States)

Wardrop, N. A.; Jochem, W. C.; Bird, T. J.; Chamberlain, H. R.; Clarke, D.; Kerr, D.; Bengtsson, L.; Juran, S.; Seaman, V.; Tatem, A. J.

2018-01-01

Population numbers at local levels are fundamental data for many applications, including the delivery and planning of services, election preparation, and response to disasters. In resource-poor settings, recent and reliable demographic data at subnational scales can often be lacking. National population and housing census data can be outdated, inaccurate, or missing key groups or areas, while registry data are generally lacking or incomplete. Moreover, at local scales accurate boundary data are often limited, and high rates of migration and urban growth make existing data quickly outdated. Here we review past and ongoing work aimed at producing spatially disaggregated local-scale population estimates, and discuss how new technologies are now enabling robust and cost-effective solutions. Recent advances in the availability of detailed satellite imagery, geopositioning tools for field surveys, statistical methods, and computational power are enabling the development and application of approaches that can estimate population distributions at fine spatial scales across entire countries in the absence of census data. We outline the potential of such approaches as well as their limitations, emphasizing the political and operational hurdles for acceptance and sustainable implementation of new approaches, and the continued importance of traditional sources of national statistical data. PMID:29555739

Game theoretical framework in determining house prices

Science.gov (United States)

Saiddin, Nor Syuhadah; Zaibidi, Nerda Zura; Sulaiman, Nor Intan Saniah; Abidin, Norhaslinda Zainal

2017-11-01

Housing is a vital component in world's economic development as it provides big contribution of the wealth. The issue of high house prices, worrying several parties, especially middle income buyers in Malaysia. Basically, in housing, there are three main parties involved; buyer, property developer and government. Interaction between those parties will give an impact to the housing market, specifically house prices. The complexity of the interaction has increased due to the differences in each party's preferences and interest. In this research, the main objective is to develop the framework of the interactions among those parties using game theoretical approach. To do so, the preferences and target of each party are investigated and their constraints are established. From the framework, it offers some ideas on how the interaction occurs and how it affect the house prices.

House price fluctuations and the business cycle dynamics

DEFF Research Database (Denmark)

Abate, Girum Dagnachew; Anselin, Luc

This paper investigates the impact of house price movements on output in a space-time dynamic framework. The transmission of house price fluctuations to the macroeconomy both across space and over time is explicitly considered through spatial econometric modeling techniques. Using 373 metropolita...

24 CFR 886.321 - Marketing.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Marketing. 886.321 Section 886.321... the Disposition of HUD-Owned Projects § 886.321 Marketing. (a) Marketing in accordance with HUD-Approved Plan. Marketing of units and selection of families by the owner shall be in accordance with the...

Housing Affordability in Ghana: A focus on Kumasi and Tamale ...

African Journals Online (AJOL)

`123456789jkl''''#

Department of Real ... affordable housing delivery system in Ghana. It found that ... markets; and hence has a significant impact on .... housing projects during this era were the ...... Table 4: Construction Materials in Kumasi and Tamale, 2010.

The Market for Smart Growth

Science.gov (United States)

Based on several studies of market demand, the authors determined that consumer demand for smart growth would translate into more than 600,000 houses out of the approximately 2 million new housing units built in 2007.

URBAN MALAYS’ USER-BEHAVIOUR AND PERSPECTIVE ON PRIVACY AND SPATIAL ORGANIZATION OF HOUSING

Directory of Open Access Journals (Sweden)

Ahmad Hariza Hashim

2009-03-01

Full Text Available The fundamental form of Malay traditional housing is to accommodate their occupant daily needs and also to provide better congruence between human behaviour and culture as compared to the modern housing. Majority of modern housing today are mass-produced and inhabitants have little choice but to adapt and change their lifestyle within the ‘given environment’ regardless of their behavioural needs and cultural background. In traditional Malay houses, the spaces are more flexible especially in the main house (rumah ibu where most family activities took place. Separation of space in the traditional Malay house is minimal because their concern is more towards communal intimacy, and this was demonstrated in the serambi (verandah located in front of the house where guests especially the males were entertained during social and religious functions. Using scheduled-structured questions and graphic aid during the in-depth interviews, this research found that due to the influence of modern link house layout, an interesting pattern from the perspective of urban Malays with regards to privacy concept and Malay culture emerged. Most of the respondents agreed with the re-introduction of the serambi concept in modern housing as a transition zone for informal entertaining, and it has the potential to be a social interaction space for the immediate neighbourhood. Based on the comments given six house plans were generated and respondents were asked to identify an ideal plan which they feel can fulfilled their privacy needs.

Housing Archetype Analysis for Home Energy-Efficient Retrofit in the Great Lakes Region

Energy Technology Data Exchange (ETDEWEB)

Kim, S. K.; Mrozowski, T.; Harrell-Seyburn, A.; Ehrlich, N.; Hembroff, L.; Bieburn, B.; Mazor, M.; McIntyre, A.; Mutton, C.; Parsons, G.; Syal, M. G.; Wilkinson, R.

2014-09-01

This project report details activities and results of the 'Market Characterization' project undertaken by the Cost Effective Energy Retrofit (CEER) team targeted toward the DOE goal of achieving 30%-50% reduction in existing building energy use. CEER consists of members from the Dow Chemical Company, Michigan State University, Ferris State University and Habitat for Humanity Kent County. The purpose of this market characterization project was to identify housing archetypes which are dominant within Great Lakes region and therefore offer significant potential for energy-efficient retrofit research and implementation due to the substantial number of homes possessing similar characteristics. Understanding the characteristics of housing groups referred to as 'archetypes' by vintage, style, and construction characteristics can allow research teams to focus their retrofit research and develop prescriptive solutions for those structure types which are prevalent and offer high potential uptake within a region or market. Key research activities included; literature review, statistical analysis of national and regional data of the American Housing Survey (AHS) collected by the U.S. Census Bureau, analysis of Michigan specific data, development of a housing taxonomy of architectural styles, case studies of two local markets (i.e., Ann Arbor and Grand Rapids in Michigan) and development of a suggested framework (or process) for characterizing local markets. In order to gain a high level perspective, national and regional data from the U.S. Census Bureau was analyzed using cross tabulations, multiple regression models, and logistic regression to characterize the housing stock and determine dominant house types using 21 variables.

The Minquiers and Écréhous in spatial context: contemporary issues and cross perspectives on border islands, reefs and rocks

Directory of Open Access Journals (Sweden)

Christian Fleury

2015-11-01

Full Text Available The Minquiers and Écréhous reefs are located in different parts of the Gulf of St Malo between the British island of Jersey and the French mainland. As a part of the Bailiwick of Jersey, they are geographically very close to the international sea border between Jersey and France, and have had a history of disputed sovereignty. Due to their respective geographical locations and histories, the Minquiers and Écréhous are important sites for the field of Island Studies because of their existence as “border islands”. This article offers a study of these reefs in their spatial context of land and sea, discussing contemporary issues, including fishing, environmentalism and tourism, and offering cross perspectives in terms of their political, economic and cultural connections with Jersey and France. They exist in a context of immense spatial change with substantial tidal ebbs and flows, and between mainlands and historically contested maritime terrains. Such a study helps show how the Minquiers and Écréhous occupy an inbetween space (land, sea and nations, which resulted in international agreements in 2000 that confirmed both the maritime boundary separating France and Jersey, and the areas agreed on as common waters for fishing purposes within Jersey’s jurisdiction. In this setting, this paper offers a critical discussion on the nature of “islands inbetween” (including all the Channel Islands, where land and sea are interconnected as a result of nature, politics, historical fishing rights and leisure activities.

The order of buying and selling: Multiple equilibria in the housing market

NARCIS (Netherlands)

Sniekers, F.J.T.

2014-01-01

Moving between owner-occupied houses requires both buying and selling. During the Great Recession, the majority of movers sold their old houses before buying new ones, while in the preceding years the majority first bought new houses. In an equilibrium search model, by choosing the order of buying

The order of buying and selling: multiple equilibria in the housing market

NARCIS (Netherlands)

Sniekers, F.

2014-01-01

Moving between owner-occupied houses requires both buying and selling. During the Great Recession, the majority of movers sold their old houses before buying new ones, while in the preceding years the majority first bought new houses. In an equilibrium search model, by choosing the order of buying

Increasing Wage Gap, Spatial Structure and Market Access: Evidence from Swedish Micro Data

OpenAIRE

Nabavi, Pardis

2015-01-01

The new economic geography predicts that the wage gap will increase with accessibility to markets but does not consider the impact of spatial proximity. In contrast, urban economic theory explains wage differences by density without accounting for accessibility. Using a rich Swedish micro-panel, we empirically examine the two rival theories for males and females separately, controlling for individual, firm and regional characteristics. The regression results indicate that wage dispersion is c...

European Embedding of Passive Houses. www.europeanpassivehouses.org

Energy Technology Data Exchange (ETDEWEB)

Elswijk, M.; Kaan, H. (eds.) [and others

2008-05-15

The passive house concept has become a European wide accepted solution to reach a significant energy demand reduction in the built environment. The European Commission has published the ambition to construct newly built ho uses in 2015 accordingly to the passive ho use standard. In most project participating countries this ambition is shared. With the support of the Intelligent Energy Europe program this project 'Promotion of European Passive Houses' (PEP-project) contributed to achieve this ambition to clear the first market barriers internationally to reach the status 'Business As Usual' for passive houses in 2015. The PEP project aimed at the development of easy accessible web based documentation for stakeholders in the building process to solve national market introduction barriers regarding the passive house concept. The project also aimed at the distribution of this information via international and national workshops, seminars and conferences. It can be concluded that the PEP-project has been successful. All participating countries made significant progress in the societal embedding process of passive houses and in most countries the passive house concept is on the brink of breaking through nationally. Further, the PEP-project contributed successfully in the internationalisation of the Internal Passive House Conference and fixed the definition of a passive house for three geographical European regions. Finally, the PEP website with its wealth of information was a powerful tool for promotion of passive houses in Europe. In order to increase the implementation efficiency of the passive house concept it is recommended to develop additional information packages concerning passive house solutions for offices, schools and social homes (e.g. architectural examples, organisational issues); passive house renovations; financial schemes for passive houses; performance oriented quality approach for the design and construction process; industrial

A Countrywide House Price Index for 152 Years

DEFF Research Database (Denmark)

Lunde, Jens; Helding Madsen, Anders; Lundbæk Laursen, Maria

for Herengracht (the Netherlands), Norway, USA, France, and recently also Australia. Until now, the here presented house price index for Denmark is the longest countrywide house price index ever been published, based on official data, and qualitatively probably the best long house price index....... in house prices is depicted. The Danish house price index covering all the 152 years is in reality a simple average sale price index for houses. From 1920 on it was possible to construct another and a “pure” house price index, based on the Sales Price Appraisal Ratio (SPAR) method. Several challenges...... for creating the house price index arose, especially in converting the previous registered house prices in the statistics into current market prices. In real terms, the average sale price index increased more than the SPAR index for the years where the two indices were compared, and the difference express...

24 CFR 92.254 - Qualification as affordable housing: Homeownership.

Science.gov (United States)

2010-04-01

... residents, percentage of owner-occupants) in relation to housing and incomes in the housing market area. An... public facilities and services. If a participating jurisdiction in preparing a neighborhood revitalization strategy under § 91.215(e)(2) of its consolidated plan or Empowerment Zone or Enterprise Community...

Supply chain partnership within housing renovation : Approaches and expectations in the Dutch housing association sector

NARCIS (Netherlands)

Gruis, V.H.; Roders, M.J.; Straub, A.

2011-01-01

Supply chain partnerships within housing refurbishment have not been given much specific attention which may be found surprising because the refurbishment market is becoming of increasing importance compared to new construction and has specific characteristics that require adapted approaches to

Supply chain partnerships within housing renovation- approaches and expectations in the Dutch housing association sector

NARCIS (Netherlands)

Ad Straub; Martin Roders; Vincent Gruis

2011-01-01

Supply chain partnerships within housing refurbishment have not been given much specific attention which may be found surprising because the refurbishment market is becoming of increasing importance compared to new construction and has specific characteristics that require adapted approaches to

Malaysian Affordability Housing Policies Revisited

Directory of Open Access Journals (Sweden)

Samad Diwa

2016-01-01

Full Text Available Housing has always been a significant aspiration of family expression and distinctly priciest investment by household. It plays a momentous role in the country’s economy and so central to the societal well-being that is emplaced in the United Nation Universal declaration of Human rights. Yet in developed and developing world alike, cities struggle to provide decent housing for lower and middle income population. The provision of affordable housing is a major policy concern around the world with Malaysia being no exception; rising income hardly keep pace with price hike of housing unit and housing interventions has majorly concentrated on demand side leading to a non-responsive supply sector. Therefore, this paper highlights affordable housing issues pertaining Malaysia. It formulates Malaysian Map of affordability and conducts an evaluation of global housing schemes to better identify policy priorities for Malaysia. It’s significant to harmonize supply and demand side factors in the housing market to ensure that housing supply fits the needs of citizens based on the location, price and target group. In case of Malaysia supply oriented initiative are of urgency in short and medium run. This must be supported by long term demand side schemes in parallel. Convergence of these two factors is essential for a balanced equilibrium and obtaining affordability.

7 CFR 1955.112 - Method of sale (housing).

Science.gov (United States)

2010-01-01

.... Adequate and timely advertising in accordance with § 1955.146 of this subpart is of utmost importance when... Director will request such authorization when all reasonable marketing efforts fail to produce buyers and... documentation of all marketing efforts, will be forwarded to the Assistant Administrator, Housing, ATTN: Single...

A Comparative Study of the Traditional Houses Kaili and Bugis-Makassar in Indonesia

Science.gov (United States)

Suharto, M. F.; Kawet, R. S. S. I.; Tumanduk, M. S. S. S.

2018-02-01

In this study, I compared the physical elements of two Indonesian traditional houses between a Kaili tribe (Central Sulawesi) and a Bugis-Makassar tribe (South Sulawesi). If we viewed of the name, meaning and function from both traditional houses have similarities, namely the Souraja/Saoraja house (House of the King), however, observed more detail the physical elements of architecture also show the differences. The spatial, physical and stylistic systems (N. John Habraken’s theory) were applied to analyze their differences and the similarities of the physical elements of architecture on those two traditional houses. The results of the analysis identified that the physical elements of architecture such as the orientation, the function and distribution of rooms (the spatial system), the constructions and materials of floor, wall and roof (the physical system) and the opening types of the door and window as well as ornaments used showed similarities. Meanwhile the physical elements of architecture such as the arrangement of columns, form and spatial pattern as well as the placement of the stairs (the spatial system), the constructions and materials of foundation, column and beam (the physical system) as well as the form of the roof and façade found differences of both traditional houses.

House prices and the macroeconomic environment in Turkey: The examination of a dynamic relationship

Directory of Open Access Journals (Sweden)

Yıldırım Mustafa Ozan

2017-01-01

Full Text Available The aim of this paper is to examine the dynamic relationship between house prices, income, interest rates, housing permits, and share prices in Turkey, using Structural Vector Autoregressive (SVAR models. This paper uses both monthly and quarterly data for the Turkish economy and applies four different SVAR models to reveal this dynamic relationship over the 2003-2016 period. The results show statistically significant and substantial relationships between the variables. The analysis also shows that house prices and housing permits as housing market variables are very sensitive to monetary policy and income shocks. The key finding of the study for policymakers is that a change in mortgage rates is the factor that most changes house prices. The study also shows that the housing market plays an important role in transferring monetary policy to the real economy in Turkey.

Final Report on the Audit of DoD Leasing of Family Housing at Ellsworth Air Force Base

Science.gov (United States)

1990-08-24

In October 1989, we announced our audit of DoD Leasing of Family Housing. One of the audit objectives was to determine whether the Services acquire...market cannot support Military family housing, the Services then request funding to either lease or build on or near Military installations. During the ... audit we found that a required housing market analysis was not performed to determine the availability of adequate private sector housing to satisfy

URBAN MALAYS’ USER-BEHAVIOUR AND PERSPECTIVE ON PRIVACY AND SPATIAL ORGANIZATION OF HOUSING

OpenAIRE

Ahmad Hariza Hashim; Harlina Mohamad Ali; Asnarulkhadi Abu Samah

2009-01-01

The fundamental form of Malay traditional housing is to accommodate their occupant daily needs and also to provide better congruence between human behaviour and culture as compared to the modern housing. Majority of modern housing today are mass-produced and inhabitants have little choice but to adapt and change their lifestyle within the ‘given environment’ regardless of their behavioural needs and cultural background. In traditional Malay houses, the spaces are more flexible especially in t...

Object orientation affects spatial language comprehension.

Science.gov (United States)

Burigo, Michele; Sacchi, Simona

2013-01-01

Typical spatial descriptions, such as "The car is in front of the house," describe the position of a located object (LO; e.g., the car) in space relative to a reference object (RO) whose location is known (e.g., the house). The orientation of the RO affects spatial language comprehension via the reference frame selection process. However, the effects of the LO's orientation on spatial language have not received great attention. This study explores whether the pure geometric information of the LO (e.g., its orientation) affects spatial language comprehension using placing and production tasks. Our results suggest that the orientation of the LO influences spatial language comprehension even in the absence of functional relationships. Copyright © 2013 Cognitive Science Society, Inc.

Australia is Facing a HousingAffordability Crisis: Is the Solution to this Problem the Singapore Model of Housing?

Directory of Open Access Journals (Sweden)

John McLaren

2016-12-01

Full Text Available Australia is pricing young buyers out of the housing market. Unfortunately, debt-free home ownership in the retirement years is a key part of the Australian welfare system. This paper provides one possible solution to the current housing predicament of Australia. In doing so, the paper examines the housing strategy in Singapore, where residents are provided with accommodation at a reasonable cost. This strategy is examined and translated for use in Australia. In conclusion the paper proposes that the Singapore model of home ownership is worthy of consideration by the government of Australia.

Effects of sex and housing on social, spatial, and motor behavior in adult rats exposed to moderate levels of alcohol during prenatal development.

Science.gov (United States)

Rodriguez, Carlos I; Magcalas, Christy M; Barto, Daniel; Fink, Brandi C; Rice, James P; Bird, Clark W; Davies, Suzy; Pentkowski, Nathan S; Savage, Daniel D; Hamilton, Derek A

2016-10-15

Persistent deficits in social behavior, motor behavior, and behavioral flexibility are among the major negative consequences associated with exposure to ethanol during prenatal development. Prior work from our laboratory has linked moderate prenatal alcohol exposure (PAE) in the rat to deficits in these behavioral domains, which depend upon the ventrolateral frontal cortex (Hamilton et al., 2014) [20]. Manipulations of the social environment cause modifications of dendritic morphology and experience-dependent immediate early gene expression in ventrolateral frontal cortex (Hamilton et al., 2010) [19], and may yield positive behavioral outcomes following PAE. In the present study we evaluated the effects of housing PAE rats with non-exposed control rats on adult behavior. Rats of both sexes were either paired with a partner from the same prenatal treatment condition (ethanol or saccharin) or from the opposite condition (mixed housing condition). At four months of age (∼3 months after the housing manipulation commenced), social behavior, tongue protrusion, and behavioral flexibility in the Morris water task were measured as in (Hamilton et al., 2014) [20]. The behavioral effects of moderate PAE were primarily limited to males and were not ameliorated by housing with a non-ethanol exposed partner. Unexpectedly, social behavior, motor behavior, and spatial flexibility were adversely affected in control rats housed with a PAE rat (i.e., in mixed housing), indicating that housing with a PAE rat has broad behavioral consequences beyond the social domain. These observations provide further evidence that moderate PAE negatively affects social behavior, and underscore the importance of considering potential negative effects of housing with PAE animals on the behavior of critical comparison groups. Copyright © 2016 Elsevier B.V. All rights reserved.

Economising subsidies for green housing features: A stated preference approach

Directory of Open Access Journals (Sweden)

Yung Yau

2014-12-01

Full Text Available In light of the enormous amounts of energy and resources consumed by housing development and operations, many governments have started recognising the urgent need to promote green or eco-friendly housing with the aim of achieving sustainable development. Apart from regulations, governments can offer incentives to developers to provide green features in their developments by offering subsidies in various forms. However, such subsidisation is often uneconomical. In theory, market forces can lead to green housing provision without any government intervention if the market players are willing to pay extra for the green features of housing. Against this background, this article presents the findings of a study that compared potential homebuyers’ willingness to pay (WTP for various green housing features based on findings from a structured questionnaire survey in Macau. The housing attributes under investigation included uses of green materials (e.g., sustainable forest products and construction methods (e.g., prefabrication, energy-efficient technologies (e.g., LED lighting and water-saving devices (e.g., grey-water recycling systems. Results indicate that the respondents’ WTP was mainly motivated by economic incentives. Green housing attributes that can offer direct financial benefits corresponded to greater WTP. The policy implications of the research findings then follow.

75 FR 29947 - Federal Home Loan Bank Housing Goals

Science.gov (United States)

2010-05-28

... performance of the Banks in meeting the housing goals under section 10C. 12 U.S.C. 1430c(e). Sections 1331... would measure the Banks' single-family housing goals performance relative to the actual goals-qualifying... advantages of comparing the Bank's performance to actual market performance outweigh the disadvantages. A...

Identifying spatial segments in international markets

NARCIS (Netherlands)

Ter Hofstede, F; Wedel, M; Steenkamp, JBEM

2002-01-01

The identification of geographic target markets is critical to the success of companies that are expanding internationally. Country borders have traditionally been used to delineate such target markets, resulting in accessible segments and cost efficient entry strategies. However, at present such

Japanese manufacturers' cost-performance marketing strategy for the delivery of solar photovoltaic homes

International Nuclear Information System (INIS)

Noguchi, M.

2005-02-01

Japanese manufacturers have been gaining a global reputation for their design approaches to industrialized housing, which is often equipped with PV systems. Homes are produced on a cost performance marketing strategy. In 2004, 13.7 per cent of the 1,160,083 houses built in Japan were pre-fabricated. The pre-fabricated housing industry has been given considerable government support. In response to growing demands for sustainable housing, the government has implemented promotional programs aiming to support the installations of photovoltaic systems. Details of various programs were presented, including: value-added production; housing sustainability; PV rooftop systems; and a mass custom design approach. It was concluded that the cost performance marketing strategy has a significant impact on production and design approaches. However, quality-oriented production may also result in successful commercialization of innovative housing. The Japanese marketing approach allows consumers to understand the added value of packaged innovations rather than the cost. It was suggested that this marketing strategy should be examined further, when considering approaches to innovative housing in other countries. 38 refs., 3 figs

Perceived spatial stigma, body mass index and blood pressure: a global positioning system study among low-income housing residents in New York City

Directory of Open Access Journals (Sweden)

Dustin T. Duncan

2016-05-01

Full Text Available Previous research has highlighted the salience of spatial stigma on the lives of low-income residents, but has been theoretical in nature and/or has predominantly utilised qualitative methods with limited generalisability and ability to draw associations between spatial stigma and measured cardiovascular health outcomes. The primary objective of this study was to evaluate relationships between perceived spatial stigma, body mass index (BMI, and blood pressure among a sample of low-income housing residents in New York City (NYC. Data come from the community-based NYC Low-income Housing, Neighborhoods and Health Study. We completed a crosssectional analysis with survey data, which included the four items on spatial stigma, as well objectively measured BMI and blood pressure data (analytic n=116; 96.7% of the total sample. Global positioning systems (GPS tracking of the sample was conducted for a week. In multivariable models (controlling for individual-level age, gender, race/ethnicity, education level, employment status, total household income, neighborhood percent non-Hispanic Black and neighborhood median household income we found that participants who reported living in an area with a bad neighborhood reputation had higher BMI (B=4.2, 95%CI: -0.01, 8.3, P=0.051, as well as higher systolic blood pressure (B=13.2, 95%CI: 3.2, 23.1, P=0.01 and diastolic blood pressure (B=8.5, 95%CI: 2.8, 14.3, P=0.004. In addition, participants who reported living in an area with a bad neighborhood reputation had increased risk of obesity/overweight [relative risk (RR=1.32, 95%CI: 1.1, 1.4, P=0.02 and hypertension/pre-hypertension (RR=1.66, 95%CI: 1.2, 2.4, P=0.007. However, we found no differences in spatial mobility (based GPS data among participants who reported living in neighborhoods with and without spatial stigma (P>0.05. Further research is needed to investigate how placebased stigma may be associated with impaired cardiovascular health among individuals

Loan officers' perceptions concerning earth-sheltered housing: risk, complexity, and advantage

Energy Technology Data Exchange (ETDEWEB)

Hanzai-Kashi, A; Combs, E R

1984-01-01

The lack of available financing is a major impediment to the construction of earth-sheltered housing. A broad-based study of lending institutions, this study describes the perceptions of loan officers toward earth-sheltered housing and their perception of their institution's lending policies in terms of their concerns. The survey finds that a majority of the loan officers perceive more stringent terms and larger down payments for earth-sheltered housing because of their concerns for financial risk, complexity, and relative advantage. Methods to reduce the risk and complexity and to increase the relative advantage would involve marketing research, certification and warranty programs, secondary mortgages markets, and other techniques. 8 references, 5 tables.

On the functioning of markets with frictions

NARCIS (Netherlands)

Sniekers, F.J.T.

2017-01-01

Economic activity in labor, goods and housing markets varies substantially over time. The number of unemployed workers, unfilled vacancies, unsold inventories, or houses for sale can easily double in the course of a few years. Similarly, at one moment finding a job or selling a house can take a

Farmers' willingness to convert traditional houses to solar houses in rural areas: A survey of 465 households in Chongqing, China

International Nuclear Information System (INIS)

Li, Xuesong; Li, Hao; Wang, Xingwu

2013-01-01

In rural China, reducing low-quality fuel consumption and adopting solar technologies can mitigate pollution problems and improve farmers' living conditions. Before advising farmers to convert traditional houses to solar houses, it is necessary to understand their willingness to do so. Based on the theory of planned behaviour (TPB), this study examined nine factors related to farmers' willingness (FW). A survey was conducted in Chongqing with 465 participants. Nine hypotheses were proposed based on literature studies. A binary logistic regression model was constructed to test the data with the SPSS software package. Three of the nine factors had positive and significant impacts on FW, which were quality of life, government commitments and neighbours'/friends' assessments; two factors had negative and significant impacts, which were additional monthly out-of-pocket expenses and switching cost; and the remaining four factors had no significant impacts, which were durability, popularity, timing and local solar market maturity. Based on the findings, suggestions are made to properly introduce solar houses to Chinese farmers and to quickly stimulate market activities. - Highlights: • We study farmers' willingness to convert traditional houses to solar houses. • We have nine hypotheses and test nine associated factors. • Three factors positively and significantly impact farmers' willingness. • Other two factors negatively and significantly impact farmers' willingness. • Remaining four factors do not significantly impact farmers' willingness

Marketing the sun: Text of presentations

International Nuclear Information System (INIS)

1995-04-01

The title conference and the texts of the presentations give insight into the activities and the developments in the field of solar energy and of the parties involved. The increased interest in the application of solar energy is shown in the subjects dealt with, while they are aimed more at the market than at research. Three parallel sesions and one plenary session were held. In each parallel session 20 presentations were given. In session one on the subjects market development of thermal solar energy, new housing construction in series, minimal energy houses, new solar water heaters, technical and economical options in sunny countries. In session two on the subjects policy, maintenance and renovation of existing houses, solar energy and planning, grid-connected photovoltaic systems, perspectives and experiences in sunny countries. In session three on the subjects solar cells, autonomous photovoltaic systems, future developemnts of thermal solar energy, solar architecture, market for photovoltaic systems in sunny countries. In the plenary session 3 presentations were held on the subject market for solar energy in newly built houses. Apart from the text of the session presentations 43 posters are presented on the subjects thermal solar energy (8), solar cells (9), autonomous photovoltaic systems (2), grid-connected PV systems (14), policy (2), integration (6), and sunny countries (1). tabs., figs., refs

Preliminary Assessment of Spatial Competition in the Market for E85: Presentation Supplement

Energy Technology Data Exchange (ETDEWEB)

Clinton, Bentley [National Renewable Energy Lab. (NREL), Golden, CO (United States); Johnson, Caley [National Renewable Energy Lab. (NREL), Golden, CO (United States); Moriarty, Kristi [National Renewable Energy Lab. (NREL), Golden, CO (United States); Newes, Emily [National Renewable Energy Lab. (NREL), Golden, CO (United States); Vimmerstedt, Laura [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2017-02-01

The Preliminary Assessment of Spatial Competition in the Market for E85 presentation and supplementary report from the U.S. Department of Energy’s National Renewable Energy Laboratory examine how the spacing of E85 fueling stations impacts E85 retail pricing. The analysis finds an inverse correlation between station density and E85 prices, with local competition putting downward pressure on E85 prices. A gas station with E85 whose nearest competitor is within a 0.5 mile radius is associated with a lower E85 price per gallon than an otherwise identical station with E85 whose nearest competitor is farther away. The analysis also finds a higher level of correlation between E85 and both E10 and wholesale gasoline prices than with ethanol costs. This indicates that E85 may, in fact, be priced with respect to its substitute fuel, and not based on the cost of its inputs. These findings help identify key trends and barriers in E85 markets and highlight data gaps that, if addressed, could help enable competitive E85 markets. The analysis was released in February 2017 and uses national and Minnesota-specific price data.

Standards of Housing for Rent Built by Municipal Social Building Society in Bialystok (Poland) during 1996 - 2012

Science.gov (United States)

Tokajuk, Andrzej

2017-10-01

The period of economic transformation in Poland started from 1989 and resulted in significant changes on the housing market. Flats became goods and process of privatizing of the housing market took place in last decade of the 20th century. It became clear, that it was necessary to create the system of housing for the people who cannot afford to buy the flat on free market. Such solutions were implemented in 1996 and since then affordable housing associations started coming into existence - organizations building flats for rent, supported by city and government budget. Large complex of such housing for rent was built in Bialystok, the major city of northeastern Poland, and it is regarded as one of the biggest in the country. The purpose of the study is characteristics of the contemporary social housing for rent in Bialystok, as good example of that kind of housing realized in Poland. The author uses a kind of parametrical method and analysis some aspects of housing environment: the urban concepts of housing developments, architectural ideas, standards of flats, and also solutions of parking places, road systems and access to basic services, including recreational areas. He gets factors of housing standards as a final result.

Editora do Brasil S/A in the 1960s and 70s: the consolidation of a publishing house in the textbook market and the teaching of moral and civic education

Directory of Open Access Journals (Sweden)

Katya Zuquim Braghini

2013-02-01

Full Text Available Through the analysis of several sources, we present the history of ‘Editora do Brasil S/A’, a family owned Brazilian publishing house established in 1947, that experienced fast growth in the 1960s and became one of the most important publishing houses of the country in the early 70s. This analysis points to the alignment of the publishing house with the military regime, both in its discourses, which indicated its intention to defend the shutdown of civil freedom, as well as through its practices, since their editors kept relations with civil and military groups interested in having the subject moral and civic education back into the school syllabus, contributing to the strengthening of the publishing house in the textbook market.

Networks of volatility spillovers among stock markets

Science.gov (United States)

Baumöhl, Eduard; Kočenda, Evžen; Lyócsa, Štefan; Výrost, Tomáš

2018-01-01

In our network analysis of 40 developed, emerging and frontier stock markets during the 2006-2014 period, we describe and model volatility spillovers during both the global financial crisis and tranquil periods. The resulting market interconnectedness is depicted by fitting a spatial model incorporating several exogenous characteristics. We document the presence of significant temporal proximity effects between markets and somewhat weaker temporal effects with regard to the US equity market - volatility spillovers decrease when markets are characterized by greater temporal proximity. Volatility spillovers also present a high degree of interconnectedness, which is measured by high spatial autocorrelation. This finding is confirmed by spatial regression models showing that indirect effects are much stronger than direct effects; i.e., market-related changes in 'neighboring' markets (within a network) affect volatility spillovers more than changes in the given market alone, suggesting that spatial effects simply cannot be ignored when modeling stock market relationships. Our results also link spillovers of escalating magnitude with increasing market size, market liquidity and economic openness.

The economics of social housing : implications for welfare, consumption, and labor market composition

NARCIS (Netherlands)

Kattenberg, M.A.C.

2014-01-01

This dissertation consists of two parts. The first part considers social housing from a microeconomic perspective and looks at the self-selection into social housing, as well as at how this influences consumption patterns, household mobility within and from the social housing sector, and the wage

Fire Sales and House Prices

DEFF Research Database (Denmark)

Andersen, Steffen; Meisner Nielsen, Kasper

2017-01-01

This study investigates when forced sales of real estate turn into fire sales by using a natural experiment that allows us to separate supply and demand effects: Forced sales result from sudden death of house owners and are thus unrelated to current market conditions. We find that forced sales...

Housing & woodworking: latest trends & impacts

Science.gov (United States)

Urs Buehlmann; Matt Bumgardner; Karen. Koenig

2014-01-01

Trends in housing and other construction-related sectors continue to have a significant impact on the wood products industry, particularly cabinetry, furniture, millwork and components. This fifth annual survey assesses the market conditions for secondary woodworking manufacturers involved in construction-based sectors and includes information on their status and...

Preliminary Assessment of Spatial Competition in the Market for E85: Presentation Supplement

Energy Technology Data Exchange (ETDEWEB)

Clinton, Bentley [National Renewable Energy Lab. (NREL), Golden, CO (United States); Johnson, Caley [National Renewable Energy Lab. (NREL), Golden, CO (United States); Moriarty, Kristi [National Renewable Energy Lab. (NREL), Golden, CO (United States); Newes, Emily [National Renewable Energy Lab. (NREL), Golden, CO (United States); Vimmerstedt, Laura [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2017-02-01

Anecdotal evidence suggests retail E85 prices may track retail gasoline prices rather than wholesale costs. This indicates E85 prices may be higher than they would be if priced on a cost basis hence limiting adoption by some price-sensitive consumers. Using publicly available and proprietary E85 and regular gasoline price data, we examine pricing behavior in the market for E85. Specifically, we assess the extent to which local retail competition in E85 markets decreases E85 retail prices. Results of econometric analysis suggest that higher levels of retail competition (measured in terms of station density) are associated with lower E85 prices at the pump. While more precise causal estimates may be produced from more comprehensive data, this study is the first to our knowledge that estimates the spatial competition dimension of E85 pricing behavior by firms. This technical report elaborates on a related presentation.

Correlations between energy economy and housing market prices in the EU-impacts on future sustainability

Directory of Open Access Journals (Sweden)

Maassen Maria Alexandra

2017-07-01

Full Text Available The global economic system is facing multiple challenges in terms of social development, technology and innovation, as well as sustainability needs. As a result, the value of existing assets is changing globally depending on the scarcity, necessity and effects on the business field leading to increased prices of traditional sources of energy and increased competition in the economic field. Thus, the EU energy market has progressed in reducing its dependence on external energy sourcing, by increasing production of renewable energy, such as wind or solar, as well as by further integration of the electric grid. Based on the Pearson coefficient this article intends to research the correlations between the economic, energy and house prices in recent years and the future possible impacts depending on their evolution. For example, gas prices in the past decade increasing household costs in most countries due to the dependence on third parties for energy, lead to the need of increasing the share of renewable energy in total energy consumption, which have consequently decreased electricity prices since 2008. However, this development has still not solved the additional costs issue of households due to the new technologies implemented although wind and solar energy receive in general low margins. Such energy issues, as well as the increased housing prices after the financial crisis in 2008 have caused on their own an additional burden on the economy and households spending income in the next years following.

Context is King: A Case Study of anAutonomous House in Sweden

OpenAIRE

Owen, Benjamin

2015-01-01

Buildings are responsible for 40% of the energy used globally as well as emit asmuch as one third of greenhouse gas emissions. With small but widespread changes to theway we build and use our buildings, the built environment could quickly reduce our impact onthe environment. In Sweden young adults are leaving higher education with an everincreasing limiting set of choices, the housing market has been outstripping inflation for over20 years and the continuing deregulation of the housing market...

Japanese manufacturers' cost-performance marketing strategy for the delivery of solar photovoltaic homes

Energy Technology Data Exchange (ETDEWEB)

Noguchi, M.

2005-02-01

Japanese manufacturers have been gaining a global reputation for their design approaches to industrialized housing, which is often equipped with PV systems. Homes are produced on a cost performance marketing strategy. In 2004, 13.7 per cent of the 1,160,083 houses built in Japan were pre-fabricated. The pre-fabricated housing industry has been given considerable government support. In response to growing demands for sustainable housing, the government has implemented promotional programs aiming to support the installations of photovoltaic systems. Details of various programs were presented, including: value-added production; housing sustainability; PV rooftop systems; and a mass custom design approach. It was concluded that the cost performance marketing strategy has a significant impact on production and design approaches. However, quality-oriented production may also result in successful commercialization of innovative housing. The Japanese marketing approach allows consumers to understand the added value of packaged innovations rather than the cost. It was suggested that this marketing strategy should be examined further, when considering approaches to innovative housing in other countries. 38 refs., 3 figs.

24 CFR Appendix A to Part 1000 - Indian Housing Block Grant Formula Mechanics

Science.gov (United States)

2010-04-01

... Mechanics A Appendix A to Part 1000 Housing and Urban Development Regulations Relating to Housing and Urban... Housing Block Grant Formula Mechanics This appendix shows the different components of the IHBG formula... is the greater of a tribe's Allowable Expense Level (AEL) or Fair Market Rent (FMR) factor, where the...

The electricity market

International Nuclear Information System (INIS)

2015-01-01

After a first part proposing predictions for electricity production and consumption for 2016, for the turnovers of electricity suppliers and producers, an indication of important recent important events regarding enterprises belonging to the sector, and a dashboard of the sector activity, an annual report proposes a detailed overview of trends and of the competition context for the electricity market. It identifies the main market opportunities for electricity suppliers, identifies eight determining factors for the sector activity, gives an overview of the sector context evolution between 2004 and 2014 (temperatures, rainfalls, manufacturing industry production, housing and office building stock, projected housing and office building). It analyses the evolution of the sector activity by presenting and commenting various activity indicators and financial performance of electricity producers. It analyses the sector economic structure: evolution of the economic fabric, presentation of various structural characteristics (cross-border exchanges, production capacities per energy source, nuclear plant fleet, thermal plant fleet, location, electricity supply market). It proposes a presentation of the various actors and of their respective market shares, and presentations of groups, electricity suppliers, and electricity producers. It indicates highlights and presents various rankings of the main enterprises in 2014

Housing liberalisation and gentrification: the social effects of tenure conversions in Amsterdam

NARCIS (Netherlands)

Boterman, W.R.; van Gent, W.P.C.

2014-01-01

Privatisation and liberalisation of the housing market are often used as governmental strategies for engineering the social composition of urban neighbourhoods. Drawing on longitudinal register data, this study reports findings from the highly-regulated housing context of Amsterdam. Through

Marketing energy-efficient solar houses: A method to locate and identify people who will buy energy-efficient solar houses, or related services

International Nuclear Information System (INIS)

D'Alessio, G.

1999-01-01

Houses built in New England within the last six years, equal to or exceeding energy-efficiency standards from Energy Crafted Homes (ECH) or from DOE's Energy Star Homes are termed energy-efficient for this study. An assumption is that people who purchase houses being newly constructed may request special features including more energy-efficient features. The average house being constructed today is not as energy-efficient as it could easily be; therefore, owners of recently constructed energy-efficient houses may be termed early-adopters of an innovation. It has been demonstrated that early adopters have different personal attitudes and perceptions of an innovation compared to later-adopters. Both types of adopters--owners of recently constructed energy-efficient or energy-inefficient houses, have been surveyed in New England to determine whether their differences are significant enough to be used in identifying future potential early-adopters. Solar houses also are usually energy-efficient, and should be termed an innovation

flexZhouse: New business model for affordable housing in Malaysia

OpenAIRE

Mohd Zairul bin Mohd Noor

2017-01-01

Central to this PhD research was the problem of the lack of affordable housing for young starters in Malaysia. The solutions for affordable housing that are available in the market do not truly solve the problem from the customer’s point of view. Hence, it was important to analyse the contributing factors associated with the term ‘affordability’. The term touches upon interconnected elements that cover many issues ranging from demand (housing needs, demographics, household income, quality hou...

Secondary Market Products in the Mortgage System and Global Practices

Directory of Open Access Journals (Sweden)

Erhan Eroğlu

2010-12-01

Full Text Available In general terms, the mortgage market has two faces, the primary and the secondary markets. The primary market covers housing mortgage loans. On the other side of the mechanism, these loans are securitized and issued in financial markets with different form of securities in secondary markets. The common name of these instruments is “mortgage backed securities - MBS”. A mortgage backed security is a financial instrument issued in capital markets for investors, derived from either backed by the cash flow of the housing loan repayments (which is called pay-through or backed by directly selling the mortgage pools to the MBS issuers (which is called passthrough. The most trading secondary mortgage market instruments and world practices are explained in this article.

Low hanging fruit? Regulations and energy efficiency in subsidized multifamily housing

International Nuclear Information System (INIS)

Reina, Vincent J.; Kontokosta, Constantine

2017-01-01

The U.S. government has invested in multifamily housing through an array of subsidized housing programs. These programs provide a venue for understanding how regulations governing multifamily housing can affect an owner's incentive to make energy efficient investments, and a tenant's desire to reduce their energy consumption levels. This paper empirically tests the impact of subsidized housing regulations on the energy efficiency of multi-family housing for low-income households. We begin by constructing a unique database that integrates actual energy use with physical, socioeconomic, and regulatory characteristics of all large multifamily properties in New York City, focusing on whether a property receives a federal rental subsidy. We employ multivariate regression models to examine the factors that influence energy consumption in multi-family buildings and compare subsidized housing to market-rate housing, controlling for a range of building and household characteristics. We find that subsidized properties are associated with higher energy consumption than similar market-rate properties and, of the subsidized housing programs, Public Housing tends to consume the most energy. Our results suggest that despite the potential for retrofitting multifamily properties, and associated cost, energy, and carbon emissions savings, regulatory factors constrain investment and consumption decisions in the case of subsidized properties. Reducing energy use in subsidized housing, therefore, rests on modifying existing regulations. - Highlights: • Developed a framework for why regulations affect utility consumption incentives. • Created and employed a dataset of actual energy use for all large properties in NYC. • Found that subsidized properties are associated with higher utility consumption. • Find that Public Housing tends to consume the most energy of the subsidy programs. • Find that regulatory factors affect investment and consumption decisions.

Outreach of Pro-poor Housing Programs and Projects: Is it sustained?

Directory of Open Access Journals (Sweden)

Gowthami Sai Dubagunta

2016-01-01

Full Text Available Affordable housing for urban poor is one among the hot button issues among all policy makers and planners in countries of global south.  Grand schemes with extravagant promises in the formal sector and gigantic hope for informal sector, to capture the opportunity at bottom of pyramid, are simultaneously trying to curb the problem of affordable housing shortage for urban poor. Even though private sector does not purposely seek to cater housing for lower income sections, yet large quantum of investment have been witnessed in housing for the urban poor. It is well known that in a free market tussle, the highest bidder is always the winner.  This has been a major reason for creation of artificial shortage of housing for poor. And the scenario is worse in case of public housing, where, half of the units are either left purposeless or used by ineligible users, largely due to risk of impoverishment and improper post occupancy vigilance. The magnitude of post occupancy problems being unexplored, the objective of paper pertains to looks at the challenges and issues in sustaining targeted outreach to intended beneficiaries in housing supply models for urban poor. The paper elaborates distinct challenges through three housing supply models in Ahmedabad, India. The models are Rehabilitation Housing, Subsidized Housing by government and market provided Housing. The method is mixed method i.e. qualitative and quantitative research using primary and secondary data sources. The critical analysis of effective outreach is carried by studying policy rhetoric in each of the models to on ground veracity in the post occupancy stage of model by assessing end user satisfaction in each model.

A CRITICAL REVIEW ON THE EFFECT OF HOUSING INDUSTRY TO THE GLOBAL FINANCIAL CRISIS: THE CASE OF TURKEY

OpenAIRE

BERK, Cem

2010-01-01

The overall aim of the research presented is to investigate the relationship between the macroeconomic factors linked with financial crises and housing industry in Turkey. The research includes empirical investigation in a regression based model using mostly the Turkish market data. The ability of public intervention, indicated by central bank reserves and corporate bankruptcies are statistically effective in the performance of housing market. There is weak statistical dependence of housing o...

SOCIO-SPATIAL INTEGRATION OF LANDSCAPE BACK LANE OF HOUSING AT BANDAR BARU NILAI: PRIVACY AND COMMUNITY

Directory of Open Access Journals (Sweden)

SITI F. M. LIAS

2016-05-01

Full Text Available Urban informal spaces in the form of back lane tend to promote socio-spatial integration between neighbourhood communities. The Back Lane Planning Design Guidelines issued in 2014 by Town and Country Planning Department of Malaysia identified back lane as such a place to encourage communal lifestyle whereas an area of owns residents privacy. In reality, back lane portrays as the wasted unfavourable paths thus several social concerns of safety, security, health issues as well as invading privacy and sense of deficiency community bonding issues arise. This study quantitatively analyses dwellers perception focusing to level of visual privacy and level of spiritual neighbourhood interaction towards effectiveness of newly landscape back lane (LBL in contemporary urban dwellings. Comparison of socio-spatial integration between two types of back lane design in grid-linear housing scheme ; the pleasing greenery landscape back lane (LBL and the plain empty bare paved back lane (PBL in residential area of Kota Seriemas, Nilai, Negeri Sembilan . Structured questionnaire distributed to 115 respondents to assess on privacy and comfort level, neighbourhood activities and communal lifestyle, back -lane usage, resident’s perception and expectation.The study proved the landscape design back lane (LBL is ensuring own right privacy lacking in promoting community interaction among the residents due to contemporary urban lifestyles.

76 FR 5518 - Federal Housing Administration (FHA): Refinancing an Existing Cooperative Under Section 207...

Science.gov (United States)

2011-02-01

... project is for rental or cooperative housing, HUD's regulations limit section 223(f) financing to rental... financing to rental projects. A recent HUD report on U.S. Housing Market Conditions \\2\\ indicated that... provide that ``a mortgage financing the purchase or refinance of an existing rental housing project or...

Price Determinants of Affordable Apartments in Vietnam: Toward the Public–Private Partnerships for Sustainable Housing Development

Directory of Open Access Journals (Sweden)

Ducksu Seo

2018-01-01

Full Text Available Since the Doi Moi policy of economic reform in 1986, Vietnam has experienced economic development and housing market growth with increasing foreign direct investment. While high-end apartment development has dominated since the emergence of the privatized housing market, more recent focus is on the affordable apartment segment with the remarkable surge of middle-income households in Ho Chi Minh City (HCMC. While most previous studies have analyzed housing price determinants based on locational classification, this study is based on the affordability framework of the housing market in HCMC. It aims to investigate the price determinants of affordable and unaffordable apartment units using the hedonic regression model. The study identified common factors between the two types of apartments, such as vertical shared access and proximity to downtown, as well as unique factors for each, such as more high-rise towers, foreign development, proximity to main roads, and shopping malls only for the affordable segments. The findings have valuable implications, not only for future investors and developers in setting up successful housing development strategies, but also for the public sector in strongly encouraging public–private partnerships for sustainable housing development in Vietnam.

Empirical spatial econometric modelling of small scale neighbourhood

Science.gov (United States)

Gerkman, Linda

2012-07-01

The aim of the paper is to model small scale neighbourhood in a house price model by implementing the newest methodology in spatial econometrics. A common problem when modelling house prices is that in practice it is seldom possible to obtain all the desired variables. Especially variables capturing the small scale neighbourhood conditions are hard to find. If there are important explanatory variables missing from the model, the omitted variables are spatially autocorrelated and they are correlated with the explanatory variables included in the model, it can be shown that a spatial Durbin model is motivated. In the empirical application on new house price data from Helsinki in Finland, we find the motivation for a spatial Durbin model, we estimate the model and interpret the estimates for the summary measures of impacts. By the analysis we show that the model structure makes it possible to model and find small scale neighbourhood effects, when we know that they exist, but we are lacking proper variables to measure them.

Market-Based Housing Finance Efficiency in the Czech Republic

Czech Academy of Sciences Publication Activity Database

Sunega, Petr; Lux, Martin

2007-01-01

Roč. 7, č. 3 (2007), s. 241-273 ISSN 1461-6718 R&D Projects: GA ČR GA403/06/0915 Institutional research plan: CEZ:AV0Z70280505 Keywords : housing finance * transition economies * finance efficiency Subject RIV: AO - Sociology, Demography

Foreign Banks Set Sights on Housing Loans

Institute of Scientific and Technical Information of China (English)

2007-01-01

Having cleared all the hurdles to enter the market, locally incorporated foreign banks declare their intentions to dive into the personal housing loan business in China A battle is brewing between domestic and locally incorporated foreign banks over the

Immigrants and the City: The Relevance of Immigration on Housing Price Gradient

Directory of Open Access Journals (Sweden)

Valentina Antoniucci

2017-10-01

Full Text Available Foreign citizens are a more and more significant part of the population of Italian cities and society (8% of the country’s total population, and they contribute to changes in the cultural, social, and economic structure of the country. Our aim was to assess the incidence of the immigrant population on urban house price polarization, as measured using an original indicator: the center-periphery housing price gradient. While there is ample literature on the relationship between average prices and immigrant populations, less research has been conducted on immigration and the housing price gradient on a national scale. This price gradient may indicate whether immigration contributes to changing the residential market, also possibly revealing segregation phenomena. We ran multivariate regressions in several steps on an original dataset of housing prices and socio-economic factors concerning 112 Italian provincial capitals to elucidate whether immigration is correlated with the housing market divide. Our main findings confirmed that larger immigrant populations coincide with steeper housing price gradients on a national scale. Our tests also demonstrated that the relevance of this phenomenon varies for different urban forms, confirming related to housing price dynamics between the cities of northern and southern Italy the relevance of urban density in elucidating.

Bayou Vista: A Market-Driven Development

Science.gov (United States)

Izzo, G. Martin; Teal, Elisabeth J.

2012-01-01

The case touches on several areas of marketing: ethics, sales issues, conflicts of interest, marketing forecasts, and issues of pricing. Joe Brice, the visionary and real estate broker for a 36-lot subdivision of moderately priced single-family homes targeting the $190,000 to $260,000 range, seems to have identified an unmet housing market,…

The impact of public housing on social networks: a natural experiment.

Science.gov (United States)

Pollack, Craig E; Green, Harold D; Kennedy, David P; Griffin, Beth Ann; Kennedy-Hendricks, Alene; Burkhauser, Susan; Schwartz, Heather

2014-09-01

We assessed whether 2 types of public housing-scattered among market-rate housing developments or clustered in small public housing projects-were associated with the perceived health and health behaviors of residents' social networks. Leveraging a natural experiment in Montgomery County, Maryland, in which residents were randomly assigned to different types of public housing, we surveyed 453 heads of household in 2011. We asked residents about their own health as well as the perceived health of their network members, including their neighbors. Residents in scattered-site public housing perceived that their neighbors were more likely to exercise than residents of clustered public housing (24.7% of network members vs 14.0%; P housing have a modest impact on the health composition of one's social network, suggesting the importance of housing policy for health.

Dutch experiment in co-creation in a collectively commissioned housing project

NARCIS (Netherlands)

Veeger, T.T.; Maussen, S.J.E.; Couceiro da Costa, M.J.R.; Roseta, F.; Pestana Lages, J.; Couceiro da Costa, S.

2017-01-01

Only a small percentage of the new homes built in the Netherlands in the last decades have been built by private commissioning (11.2 % in 2012, www.statline.cbs.nl). The major players in the Dutch housing market are the commercial developers and the social housing corporations, the latter focuses

STRATEGIC PLANNING IN THE MANAGEMENT OF DEVELOPMENT OF HOUSE-BUILDING ENTERPRISES

Directory of Open Access Journals (Sweden)

R. A. Kadyrov

2014-01-01

Full Text Available The system of the shaping strategic plan developments house-building enterprises is offered in sloppy condition market. The considered problems and methodical bases of the shaping adaptive strategic plan and tree of the sub goal to main strategic purpose of the development house-buildingenterprises.

House prices and household mobility in the Netherlands : Empirical analyses of financial characteristics of the household

NARCIS (Netherlands)

Steegmans, J.W.A.M.

2017-01-01

The dissertation studies the role of financial household characteristics in the determination of house prices and household mobility in the Dutch owner-occupied housing market. We investigate how various financial characteristics -- in particular income, wealth, housing equity, and prospective

Optimal Housing, Consumption, and Investment Decisions over the Life Cycle

DEFF Research Database (Denmark)

Kraft, Holger; Munk, Claus

2011-01-01

We derive explicit solutions to life-cycle utility maximization problems involving stock and bond investment, perishable consumption, and the rental and ownership of residential real estate. Prices of houses, stocks and bonds, and labor income are correlated. Because of a positive correlation...... between house prices and labor income, young individuals want little exposure to house price risk and tend to rent their home. Later in life the desired housing investment increases and will eventually reach and exceed the desired consumption, suggesting that the individual should buy his home—and either...... additional housing units (for renting out) or house price–linked financial assets. In the final years, preferences shift back to home rental. The derived strategies are still useful if housing positions are only reset infrequently. Our results suggest that markets for real estate investment trusts or other...

Social housing solutions for Rome

Directory of Open Access Journals (Sweden)

Eliana Cangelli

2012-10-01

Full Text Available Research today should focus on building a fairer and more sustainable longterm development model, compared to the present situation, capable of effectively meeting the political, economic, market and social demands. Social housing encompasses all these elements and is currently in a phase of applied experimentation. For some time now universities have been usefully contributing to furthering the issue of social housing and the time is now ripe to apply the results produced by the large number of researches in this field. The aim of the paper is to provide an overview of the design process and the environmental features of the Master Plan relating to a significant Social Housing project in the area of Collina Muratella, in Rome, within the framework of a research project commissioned to the DATA Department of La Sapienza University of Rome by the construction firm Lamaro Appalti Unipersonale spa.

Is job insecurity a driver of the housing cycle? Some evidence in the Spanish case

Directory of Open Access Journals (Sweden)

Arestis Philip

2015-01-01

Full Text Available The aim of this paper is to study a possible connection between the characteristics of the labour market, namely, employment protection and flexibility, and the dynamics of the housing market. More specifically, this contribution analyses whether the poor quality of employment in a given economy could cause the collapse of the housing market and impairs its recovery. In the second stage of our analysis, we provide estimates for Spain over the period 1984-2014. In doing so, the autoregressive distributed lag (ARDL bounds test for cointegration is employed.

Radon programmes and health marketing.

Science.gov (United States)

Fojtikova, Ivana; Rovenska, Katerina

2011-05-01

Being aware of negative health effects of radon exposure, many countries aim for the reduction of the radon exposure of their population. The Czech radon programme was commenced >20 y ago. Since then experts have gathered a lot of knowledge, necessary legislation has been enacted, tens of thousands of inhabitants have been offered free measurement and subsidy for the mitigation. Despite the effort, the effectiveness of the radon programme seems to be poor. Newly built houses still exhibit elevated radon concentrations and the number of houses mitigated is very low. Is it possible to enhance the effectivity of radon programme while keeping it on a voluntary basis? One possible way is to employ health marketing that draws together traditional marketing theories and science-based strategies to prevention. The potential of using marketing principles in communication and delivery of radon information will be discussed.

Challenges of Integrating Affordable and Sustainable Housing in Malaysia

Science.gov (United States)

Syed Jamaludin, S. Z. H.; Mahayuddin, S. A.; Hamid, S. H. A.

2018-04-01

Developing countries including Malaysia have begun to comprehend the needs for affordable and sustainable housing development. The majority of the population is still aspiring for a comfortable, safe and reasonably priced house. Households in the low-middle income range face difficulties to find housing that can satisfy their needs and budget. Unfortunately, most of the housing development programs are considering affordability rather than sustainable aspects. Furthermore, developers are more interested in profit and neglect sustainability issues. Thus, the aim of this paper is to review the challenges in integrating affordable housing and sustainable practices in Malaysia. This paper is produced based on an extensive literature review as a basis to develop strategies of integrated affordable and sustainable housing in Malaysia. The challenges are divided into four sections, namely market challenges, professional challenges, societal challenges and technological challenges. The outcomes of this paper will assist in the decision making involving housing development and in enhancing quality of life for sustainable communities.

Rethinking Affordable Housing Delivery: An Analytical Insight

Directory of Open Access Journals (Sweden)

Olanrewaju Abdullateef

2016-01-01

Full Text Available Malaysia currently has a housing shortage of 12 million units. Towards the year 2020, this would require an annual supply of a minimum of 2 million homes. With the current production rate, the deficits will remain over the next 100 years. The crisis will lead to poor standards of living, un-affordable rental price, high mortgage payment, abandonment, and dilapidation of the existing housing stock. Lack of affordable housing is already a source of concern among many Malaysians. The middle and lower income earners spend more than 30% of their income on rent or for mortgage payment. Housing rent or mortgage is a basic need like foods, education, clothing and health. The government has introduced various measures to address the housing deficit. Despite these measures, the housing supply and distribution gaps continue to grow. To better understand the issues, there is a need to examine how the procurement planning in the affordable housing delivery supply chain and market is formulated, explore how cost of affordable housing would be reduced, identify the user value systems in affordable housing, and identify the criteria in the current regulatory framework? For these purposes, this paper reviews the relevant literature to reach preliminary findings on the stated issues. Among the factors found accounting for housing shortages, the overwhelming factors were that of poor policies, strategies, practice, management, and finance. The findings are meaningful in framing an affordable housing delivery model. It could also be useful to stakeholders involved in affordable housing delivery in Malaysia and elsewhere.

Energy Resilience Modeling for Smart Houses

NARCIS (Netherlands)

Ghasemieh, Hamed; Haverkort, Boudewijn R.H.M.; Jongerden, M.R.; Remke, Anne Katharina Ingrid

The use of renewable energy in houses and neighbourhoods is very much governed by national legislation and has recently led to enormous changes in the energy market and poses a serious threat to the stability of the grid at peak production times. One of the approaches towards a more balanced grid

The Financial Crisis and Diverging House Prices: Evidence from the Copenhagen Metropolitan Area: 2017-084/VIII

DEFF Research Database (Denmark)

Mulalic, Ismir; Rasmussen, Holger; Rouwendal, Jan

This paper investigates the development of house prices in Copenhagen in the period 1994-2013, while paying special attention to the heterogeneous impact of the boom and bust periods along the dimensions of housing type (single vs multifamily housing), geography and quality. To allow for price de...... the high quality segments of the housing market....

An Assessment of the Immigration Impact on the International Housing Price

OpenAIRE

Barbu, Teodora Cristina; Vuța, Mariana; Strachinaru, Adina Ionela; Cioaca, Sorin Iulian

2017-01-01

The article highlights the correlation between the evolution of the housing price, as measured by House Price Index, the flow of immigrants and other macroeconomic variables for a sample of 21 representative countries for the period 2007-2014. The proposed model explains and highlights the existence of a positive link between the House Price Index evolution and the flow of immigrants, market capitalization share to Gross Domestic Product and the growth rate of the economy. The novelty of this...

Overeducation, regional labour markets, and spatial flexibility

NARCIS (Netherlands)

Büchel, F.; van Ham, M.

2003-01-01

For most workers, access to suitable employment is severely restricted by the fact that they look for jobs in the regional labor market rather than the global one. In this paper we analyze how macrolevel opportunities (regional market characteristics) and microlevel restrictions (the extent to which

flexZhouse : New business model for aff ordable housing in Malaysia

NARCIS (Netherlands)

Bin Mohd Noor, M.Z.

2017-01-01

Central to this PhD research was the problem of the lack of aff ordable housing for young starters in Malaysia. The solutions for aff ordable housing that are available in the market do not truly solve the problem from the customer’s point of view. Hence, it was important to analyse the contributing

Population growth, interest rate, and housing tax in the transitional China

Science.gov (United States)

He, Ling-Yun; Wen, Xing-Chun

2017-03-01

This paper combines and develops the models in Lastrapes (2002) and Mankiw and Weil (1989), which enables us to analyze the effects of interest rate and population growth shocks on housing price in one integrated framework. Based on this model, we carry out policy simulations to examine whether the housing (stock or flow) tax reduces the housing price fluctuations caused by interest rate or population growth shocks. Simulation results imply that the choice of housing tax tools depends on the kind of shock that housing market faces. In the situation where the housing price volatility is caused by the population growth shock, the flow tax can reduce the volatility of housing price while the stock tax makes no difference to it. If the shock is resulting from the interest rate, the policy maker should not impose any kind of the housing taxes. Furthermore, the effect of one kind of the housing tax can be strengthened by that of the other type of housing tax.

Bubbles, Post-Crash Dynamics, and the Housing Market

OpenAIRE

Crocker H. Liu; Adam Nowak; Stuart Rosenthal

2014-01-01

This paper documents and explains previously unrecognized post-crash dynamics following the collapse of a housing bubble. A simple model predicts that speculative developers ensure stable pre-crash relative prices between small and large homes while their post-crash exit allows small-home relative values to fall. Evidence from Phoenix supports the model. Although home prices doubled 2004-2006, relative prices of small-to-large homes remained nearly constant but then plummeted post-crash. As s...

Urban Housing Policy Review of China : From Economic Growth to Social Inclusion

NARCIS (Netherlands)

Deng, W.; Hoekstra, J.S.C.M.; Elsinga, M.G.

2015-01-01

This paper reviews the housing policy of China from 1949-2013. It examines the housing tenure change, policy instruments, and impacts social structures in different time periods. After the welfare period of 1949-77, the dual provision period of 1978-1998, and the market dominant period of 1999-2011,

Urban housing policy review of China : From economic growth to social inclusion

NARCIS (Netherlands)

Deng, W.; Hoekstra, J.S.C.M.; Elsinga, M.G.

2014-01-01

This paper reviews the housing policy of China from 1949-2013. It examines the housing tenure change, policy instruments, and impacts social structures in different time periods. After the welfare period of 1949-77, the dual provision period of 1978-1998, and the market dominant period of 1999-2011,

Visualization of microvessels with in-house micro-angiography

International Nuclear Information System (INIS)

Chiku, Masaaki; Nishigami, Kazuhiro; Takeshita, Satoshi

2005-01-01

Although therapeutic angiogenesis improved critical limb ischemia in humans, microvessels promoted by therapeutic angiogenesis needed further improvement to be visualized well by conventional angiographic system, because of its limited spatial resolution of 200 μm. We have developed an in-house micro-angiographic system consisting of a high-voltage power X-ray source and a detecting system with high levels of spatial resolution and sensitivity. The in-house microvessel angiographic system demonstrated its ability to evaluate the function of microvessels in vivo, as well as to visualize them with higher precision than the conventional angiographic system. The findings of our study suggest that a novel micro-angiographic system may be useful in evaluating the efficacy of therapeutic angiogenesis in clinical settings. (author)

Chances and barriers for passive house renovations

NARCIS (Netherlands)

Mlecnik, E.; Opstelten, I.; Rovers, R.; Verdeyen, N.; Wagenaar, A.

2016-01-01

There is significant potential for carbon reduction and energy saving in residential buildings. Various market actors are looking for ways to increase the uptake of passive house renovation and its certification.
This study aimed specifically to draw lessons from research projects towards the

Could we have predicted the recent downturn in the South African housing market?

CSIR Research Space (South Africa)

Das, Sonali

2009-01-01

Full Text Available This paper develops large-scale Bayesian Vector Autoregressive (BVAR) models, based on 268 quarterly series, for forecasting annualized real house price growth rates for large-, medium- and small-middle-segment housing for the South African economy...

Business models for full service energy renovation of single-family houses in Nordic countries

International Nuclear Information System (INIS)

Mahapatra, Krushna; Gustavsson, Leif; Haavik, Trond; Aabrekk, Synnøve; Svendsen, Svend; Vanhoutteghem, Lies; Paiho, Satu; Ala-Juusela, Mia

2013-01-01

Highlights: ► In the Nordic countries there is significant primary energy saving potential in single-family houses from 1970s. ► There are several behavioral, economical and market related hindrances to adoption of energy efficiency measures. ► One-stop-shop business models to offer full service energy renovation packages are slowly emerging. ► Marketing strategies and policy measures are required to promote full service energy renovation of single-family house. - Abstract: In Nordic countries significant primary energy saving potential exists in houses built before 1980. These old houses need to be renovated, which provides an opportunity for implementation of energy efficiency measures. However, there are several economic and market hindrances and the renovation markets are dominated by handicraft-based individual solutions. In this paper we have analyzed the opportunities for implementation of one-stop-shop business models where an overall contractor offers full-service renovation packages including consulting, independent energy audit, renovation work, follow-up (independent quality control and commissioning) and financing. A comparative assessment of emerging business models in the Nordic countries shows that different types of actors can provide such a service. Financing is included in some models. There are differences in how customers are contacted, while the similarities are on how the service is provided. Even though there is strong business potential for one-stop-shop energy renovation concept, still it has been somewhat difficult to start or run such a business. Various options to overcome the hindrances to promote energy efficient renovation of detached houses are discussed

Radon programmes and health marketing

International Nuclear Information System (INIS)

Fojtikova, I.; Rovenska, K.

2011-01-01

Being aware of negative health effects of radon exposure, many countries aim for the reduction of the radon exposure of their population. The Czech radon programme was commenced >20 y ago. Since then experts have gathered a lot of knowledge, necessary legislation has been enacted, tens of thousands of inhabitants have been offered free measurement and subsidy for the mitigation. Despite the effort, the effectiveness of the radon programme seems to be poor. Newly built houses still exhibit elevated radon concentrations and the number of houses mitigated is very low. Is it possible to enhance the effectivity of radon programme while keeping it on a voluntary basis? One possible way is to employ health marketing that draws together traditional marketing theories and science-based strategies to prevention. The potential of using marketing principles in communication and delivery of radon information will be discussed. (authors)

A global assessment of market accessibility and market influence for global environmental change studies

Energy Technology Data Exchange (ETDEWEB)

Verburg, Peter H [Institute for Environmental Studies, Amsterdam Global Change Institute, VU University Amsterdam, De Boelelaan 1087, 1081 HV Amsterdam (Netherlands); Ellis, Erle C [Department of Geography and Environmental Systems, University of Maryland, Baltimore County, Baltimore, MD 21250 (United States); Letourneau, Aurelien, E-mail: Peter.Verburg@ivm.vu.nl [UMR 5175 Centre d' Ecologie Fonctionnelle and Evolutive, Centre National de la Recherche Scientifique, 1919 Route de Mende, 34293 Montpellier cedex 5 (France)

2011-07-15

Markets influence the global patterns of urbanization, deforestation, agriculture and other land use systems. Yet market influence is rarely incorporated into spatially explicit global studies of environmental change, largely because consistent global data are lacking below the national level. Here we present the first high spatial resolution gridded data depicting market influence globally. The data jointly represent variations in both market strength and accessibility based on three market influence indices derived from an index of accessibility to market locations and national level gross domestic product (purchasing power parity). These indices show strong correspondence with human population density while also revealing several distinct and useful relationships with other global environmental patterns. As market influence grows, the need for high resolution global data on market influence and its dynamics will become increasingly important to understanding and forecasting global environmental change.

A global assessment of market accessibility and market influence for global environmental change studies

Science.gov (United States)

Verburg, Peter H.; Ellis, Erle C.; Letourneau, Aurelien

2011-07-01

Markets influence the global patterns of urbanization, deforestation, agriculture and other land use systems. Yet market influence is rarely incorporated into spatially explicit global studies of environmental change, largely because consistent global data are lacking below the national level. Here we present the first high spatial resolution gridded data depicting market influence globally. The data jointly represent variations in both market strength and accessibility based on three market influence indices derived from an index of accessibility to market locations and national level gross domestic product (purchasing power parity). These indices show strong correspondence with human population density while also revealing several distinct and useful relationships with other global environmental patterns. As market influence grows, the need for high resolution global data on market influence and its dynamics will become increasingly important to understanding and forecasting global environmental change.

A global assessment of market accessibility and market influence for global environmental change studies

International Nuclear Information System (INIS)

Verburg, Peter H; Ellis, Erle C; Letourneau, Aurelien

2011-01-01

Markets influence the global patterns of urbanization, deforestation, agriculture and other land use systems. Yet market influence is rarely incorporated into spatially explicit global studies of environmental change, largely because consistent global data are lacking below the national level. Here we present the first high spatial resolution gridded data depicting market influence globally. The data jointly represent variations in both market strength and accessibility based on three market influence indices derived from an index of accessibility to market locations and national level gross domestic product (purchasing power parity). These indices show strong correspondence with human population density while also revealing several distinct and useful relationships with other global environmental patterns. As market influence grows, the need for high resolution global data on market influence and its dynamics will become increasingly important to understanding and forecasting global environmental change.

24 CFR 906.29 - Below-Market sales and financing.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Below-Market sales and financing... sales and financing. A homeownership plan may provide for below-market purchase prices or below-market financing to enable below-market purchases, or a combination of the two. Discounted purchase prices may be...

Competition in the Dutch mortgage market: notes on concentration, entry, funding, and margins

NARCIS (Netherlands)

Treur, L.; Boonstra, W.W.

2014-01-01

This article describes the institutions that shape the Dutch mortgage market, as well as how they affect mortgage funding, and, ultimately, mortgage interest rates. The Dutch housing market is characterized by a very large social housing sector, as well as a relatively large share of owner-occupied

Bank-specific shocks and house price growth in the U.S.

OpenAIRE

Bremus, Franziska; Krause, Thomas; Noth, Felix

2017-01-01

This paper investigates the link between mortgage supply shocks at the banklevel and regional house price growth in the U.S. using micro-level data on mortgage markets from the Home Mortgage Disclosure Act for the 1990-2014 period. Our results suggest that bank-specific mortgage supply shocks indeed affect house price growth at the regional level. The larger the idiosyncratic shocks to newly issued mortgages, the stronger is house price growth. We show that the positive link between idiosyncr...

Brokers and brokerage in the process of trading in commodity futures markets

Directory of Open Access Journals (Sweden)

Eremić Milan B.

2003-01-01

Full Text Available This paper mainly deals with the analysis of a very complex process of brokerage in commodity futures markets. Unlike a classical commodity market in which brokers are not a necessity, sales and purchases in commodity futures markets cannot be carried out without brokers. Brokers who act as agents of buyers and sellers of futures are a necessary condition for trading in organized markets, such as commodity futures markets. The structure of brokers in futures trading is multilayer and involves participants in futures trading from floor brokers, immediate futures traders and the members of clearing and the clearing house itself, on the one hand, to numerous other necessary actors whose activities out of the stock exchange and the clearing house contribute to the efficient functioning of futures market. The fact that transactions between buyers and sellers in futures markets are not carried out directly but through brokers means that the obligations of buyers and sellers are formally conveyed to brokers, providing at the same time the guarantee by the broker that the actual buyer and the actual seller will fulfill their contractual obligations. At the very beginning of futures trading, the relationship between the seller and the buyer is transformed into a relationship between two brokers. Since that moment on, the original relationship is conveyed to higher levels of brokerage reaching the level of the clearing house. In the process of transformation of the buyer-seller relationship and transmitting obligations and guaranteeing their fulfillment, the clearing house itself becomes the buyer relative to all sellers and the seller relative to all buyers. In this way, it guarantees that obligations regarding all transactions in futures market will be fulfilled. The whole process is carried out in accordance with the prescribed procedures conducted on the floor of commodity exchange, in its administrative departments and in the clearing house itself.

Analysis on factors affecting consumers decision on purchasing simple-type houses

Science.gov (United States)

Rumintang, A.; Sholichin, I.

2018-01-01

In line with the increase of the population and the need of comfortable houses, as affected by modernization era, the house demand is getting higher. Hence, conducting a research on consumers need and want in buying a house should be seriously attempted to succeed marketing activity. Using an analysis consumers’ behavior, the researcher will know few affecting factors related to consumers’ satisfaction in buying a house. Among other, the factors in question include: house price, house condition, facilities, location and accessability. The sample of this research was drawn from the residents of Graha Asri Housing, Taman Bulang Permai, and Sukodono Permai. Based on the analysis and discussion, some conclusions are made as follow: the factors and variables affecting the consumers’ decision on each choice of house is different and also the same variables on three sources of data include housing atmosphere, cleaning service, ease of access to shopping center, health clinics or hospitals, tourism spot, schools, and the bus station.

Role of market information in the performance and spatial ...

African Journals Online (AJOL)

... market associations and mass media, which enables them to forecast likely future market trends, making business decisions and in allocating resources among competing alternatives. Statistical test indicated a significant difference between the marketing efficiency ratios of grain traders with and without access to market ...

[Reflections on the topic of good housing conditions and growing old: Not everybody has a choice].

Science.gov (United States)

Jann, A

2015-04-01

The variety of options with regard to housing for elderly people has increased. This study was carried out to understand how individuals reflect on their own options within this growing market. In a qualitative study design 26 single person households (65+ years) were interviewed. The aim of the study was to understand what influences the individual ideas about moving residence or staying put. A great majority of the elderly seem to reflect on their own living situation. There are not just spatial and constructional reasons that make people consider moving residence but also the financial situation, the possibility to spend the day with meaningful activities and the existence of a social network. The individual need for security and autonomy for the present and the future influences the interpretation of a given situation. The reflection on ones own housing situation is interlinked with the person's ability and capacity. One can only find solutions if one can think of them and one can only act if one has the potential.

Developing and Evaluating a Virtual Reality-Based Navigation System for Pre-Sale Housing Sales

Directory of Open Access Journals (Sweden)

Yi-Kai Juan

2018-06-01

Full Text Available Virtual reality (VR technologies have advanced rapidly in the past few years, and many industries have adopted these cutting-edge technologies for diverse applications to improve their industrial competitiveness. VR has also received considerable recognition in the architecture, engineering, and construction industries, because it can potentially reduce project costs, delivery time, and quality risks, by allowing users to experience unbuilt spaces before breaking ground, resolving construction conflicts virtually, and reviewing complex details in immersive environments. In the real estate market, VR can also play an important role in affecting buyers’ housing purchasing decisions, especially for housing markets in Asia, where the pre-sale system is extremely common. Applying VR to the pre-sale housing system is promising, because the concept of pre-sale refers to a strategy adopted by developers that sell housing through agreements on residential units that have not been constructed yet, and VR at this stage could be a useful tool for visual communication in a true-to-scale environment. However, does VR really benefit sales in the housing market? Can clients accept using VR, instead of using traditional materials (i.e., paper-based images and physical models, to navigate and experience housing projects? The objective of this study is to develop a VR-based navigation system for a pre-sale housing project in Taiwan. We invited 30 potential clients to test the system and explore the implications of using it for project navigation. The results reveal that VR enhances the understandings of a project (perceived usefulness and increases clients’ intention to purchase, while the operation of VR (perceived ease-of-use is still the major challenge to affect clients’ satisfaction and the developer’s acceptance with respect to applying it to future housing sales.

Development and problems of pellet markets in Austria

International Nuclear Information System (INIS)

Nemestothy, K.P.; Rakos, C.

2001-01-01

Wood pellets became into Austrian markets in 1994. Up to then the Austrian industry had manufactured pellet fireplaces for export, but none was sold into Austria, because there were not pellets available in the Austrian markets. In spite of significant problems in the beginning and unfavourable economic conditions (decrease of oil prices) the pellet markets in Austria have increased since 1996 dynamically. Annual pellet deliveries have increased from 15 000 t/a to present 45 000 t/a. Customers and Austrian industry are interested in pellets and they believe in the future. The pellet manufacturing capacity increases continuously. In 1999 the capacity of 12 companies was 120 000 t. In 2003 the annual pellet consumption is estimated to over 100 000 tons and in 2010 about 200 000 tons. Main portion of the pellet manufactures in Austria is also used in the country by detached houses and small real estate houses. The pellet markets for large real estates are developing after the boiler manufacturers have started to produce pellet-fired equipment. The number of pellet-fired devices in 1997, sold to detached houses was 425, and in 2000 the number was 3500

House for Niels Strøyberg

DEFF Research Database (Denmark)

Welling, Helen

2007-01-01

The house for Niels Strøyberg in Hasseris near Aalborg, Denmark, is a notable example of early modernism in an unconventional way. Although Poul Henningsen's approach to the dwelling was thoroughly functional, he added a number of visual effects to provide a sense of dynamism to the spatial...

Residential Mortgage Market in Economic and Social Development of Ukraine

Directory of Open Access Journals (Sweden)

Onysko Stefaniia M.

2014-02-01

Full Text Available The article studies tendencies of development of the residential mortgage market in Ukraine in the post-crisis period 2009 – 2012, identifies main tendencies of development of the Ukrainian mortgage market and conducts analysis of the level of mortgage interest rates. The article analyses the modern state of the mortgage market of Ukraine, dynamics of volumes of mortgage loans, their cost, structure of banks as mortgage creditors and cost of housing in Ukraine in the studied period. The article makes a number of offers on efficiency of mortgage, offers directions of financial support of rehabilitation of the market for solving housing problems of the population and identifies importance of state support of mortgage development.

Shifting back in the Dutch social housing sector

NARCIS (Netherlands)

Nieboer, N.; Gruis, V.

2011-01-01

Since the financial and administrative liberalisation from the government in the late 1980s and the 1990s, the Dutch housing associations have been very dynamic, regarding the considerable extension of both commercial and social activities, the increased reliance and dependence on market

The Effects of Location and Neighbourhood Attributes on Housing ...

African Journals Online (AJOL)

Dr Osondu

help in the understanding of the structure of the housing market in Nigerian cities. This paper therefore ... neighbourhood effects to determine which variables actually contribute to the ... segmentation of urban life. On the other hand, it.

Energy-efficient housing stimulus that pays for itself

International Nuclear Information System (INIS)

Nevin, Rick

2010-01-01

This paper describes an energy-efficient housing stimulus strategy that can: (1) quickly provide large-scale job creation; (2) reduce home energy bills by 30-50% with associated reductions in emissions and energy assistance spending; (3) stabilize home values and reduce foreclosure inventory; (4) help to eliminate childhood lead poisoning; and (5) implement regulatory reforms that highlight market incentives for cost effective energy efficiency and alternative home energy investments. These benefits, far in excess of costs, can be achieved by combining 'lead-safe window replacement' with other weatherization activities and simple regulatory and market reforms. This strategy can help to coordinate American Recovery and Reinvestment Act funding for energy efficiency, the $75 billion Making Home Affordable plan to reduce foreclosures, and the recently announced partnership between the Departments of Energy (DOE) and Housing and Urban Development (HUD) to streamline weatherization efforts and spur job creation. (author)

Renovation of social housing

DEFF Research Database (Denmark)

Jensen, Stina Rask; Hvejsel, Marie Frier; Kirkegaard, Poul Henning

consumption in the building sector. This planned transformation towards a more energy-efficient building mass involves changes in the building envelope and, as such, is likely to influence the experience of the built environment dramatically, both interior and exterior. Recent research shows, however...... in the renovation of social housing. Methodologically, this hypothesis is investigated by re-reading the task of energy renovation through the lens of tectonic architectural theory. Specifically, Eduard Sekler’s etymological distinction between structure, construction, and tectonics is developed as a framework...... for addressing the spatial implications and potentials of technical initiatives in contemporary energy renovations within the continuum described by Scott. The framework is applied in two case studies of recent energy renovations of social housing dwellings. Finally, the paper discusses whether the technical...

Spatial allocation of forest recreation value

Science.gov (United States)

Kenneth A. Baerenklau; Armando Gonzalez-Caban; Catrina Paez; Edgard Chavez

2009-01-01

Non-market valuation methods and geographic information systems are useful planning and management tools for public land managers. Recent attention has been given to investigation and demonstration of methods for combining these tools to provide spatially-explicit representations of non-market value. Most of these efforts have focused on spatial allocation of...

National Roadmaps for promotion of very low-energy house concepts

Energy Technology Data Exchange (ETDEWEB)

Buvik, Karin

2012-07-01

This report is meant to contribute to the preparation of National Energy Efficiency Action Plans (NEEAPs), which are tools supporting the implementation of energy efficiency improvement policies. The NEEAPs are considered one of the cornerstones of the Energy End-use Efficiency and Energy Services Directive. Previous publications from the NorthPass project report from studies of existing concepts and building standards in the participating countries, and analyses of main challenges in aiming to increase the market share of very low-energy houses. In this report a short overview of the current situation is given, and measures are proposed to support the implementation of the nearly Zero-Energy Building level, as described in the recast of the Energy Performance of Building Directive. Necessary steps towards a successful implementation will vary within the participating countries; involving technological, financial and policy implications in various degrees. The eight North European countries, participating in the NorthPass project, have similarities and differences. The four Nordic countries have several similarities regarding market penetration of very low-energy houses, as well as activities implemented by the authorities. Poland and the Baltic States have similarities in terms of market situation which is different from the Nordic countries. In the Nordic countries, the path towards the EU 2020 targets has, to a large extent, been chosen, focusing on step by step tightening of building codes, financial incentives and training of actors in the building sector. A discussion is going on about how to affect changes in customers' preferences, which would lead to a growing demand for very low-energy residential buildings. The situation in Poland and the Baltic countries is more problematic, as only few very low energy houses have been built so far. However, a growing interest in energy savings seems to arise, as the energy consumption is considerably high and the

Defining nearly zero-energy housing in Belgium and the Netherlands

Energy Technology Data Exchange (ETDEWEB)

Mlecnik, E. [OTB Research Institute for the Built Environment, Delft University of Technology, P.O. Box 5030, 2600 GA Delft (Netherlands)

2012-08-15

Europe expects the housing sector to evolve towards 'nearly zero-energy' dwellings. Meanwhile, general terms and research, marketing and legal definitions considering such dwellings have already been introduced. Appraisal of existing definitions is now needed for further policy development. This paper examines what nearly zero-energy terms can be expected to be adopted in Belgium and the Netherlands. The research method uses an interview method based on innovation diffusion theory. The analysis traces the regional adoption trajectory of relevant definitions and examines the opportunities and barriers for the inclusion of existing definitions in regional energy policy. The analysis shows that - whilst international prominence of the terms 'net zero energy' and 'net zero carbon', in addition to 'low energy' and 'passive house', is observed - in Belgium and the Netherlands 'passive house' and 'energy neutral' are preferred. The research findings indicate that the adoption of already existing definitions for nearly zero-energy houses will depend on the region and can prove a very complex process with several conflicting issues. Terms should be clearly defined and used at all political and marketing levels. It is recommended to enhance the relative advantage, demonstrability, visibility and compatibility of favoured definitions by policy initiatives.

Energy Efficient Industrialized Housing Research Program, Center for Housing Innovation, University of Oregon and the Florida Solar Energy Center

Energy Technology Data Exchange (ETDEWEB)

Brown, G.Z.

1990-01-01

This research program addresses the need to increase the energy efficiency of industrialized housing. Two research centers have responsibility for the program: the Center for Housing Innovation at the University of Oregon and the Florida Solar Energy Center, a research institute of the University of Central Florida. The two organizations provide complementary architectural, systems engineering, and industrial engineering capabilities. In 1989 we worked on these tasks: (1) the formation of a steering committee, (2) the development of a multiyear research plan, (3) analysis of the US industrialized housing industry, (4) assessment of foreign technology, (5) assessment of industrial applications, (6) analysis of computerized design and evaluation tools, and (7) assessment of energy performance of baseline and advanced industrialized housing concepts. The current research program, under the guidance of a steering committee composed of industry and government representatives, focuses on three interdependent concerns -- (1) energy, (2) industrial process, and (3) housing design. Building homes in a factory offers the opportunity to increase energy efficiency through the use of new materials and processes, and to increase the value of these homes by improving the quality of their construction. Housing design strives to ensure that these technically advanced homes are marketable and will meet the needs of the people who will live in them.

Testing for bubbles in housing markets: a panel data approach

Czech Academy of Sciences Publication Activity Database

Mikhed, V.; Zemčík, Petr

2009-01-01

Roč. 38, č. 4 (2009), s. 366-386 ISSN 0895-5638 R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : house prices * cointegration * panel data Subject RIV: AH - Economics Impact factor: 0.659, year: 2009

Market Acceptance of Smart Growth

Science.gov (United States)

This report finds that smart growth developments enjoy market acceptance because of stability in prices over time. Housing resales in smart growth developments often have greater appreciation than their conventional suburban counterparts.

Smart spatial incentives for market-based conservation

OpenAIRE

Hartig, Florian; Drechsler, Martin

2008-01-01

Market-based instruments such as payments, auctions or tradable permits have been proposed as flexible and cost-effective instruments for biodiversity conservation on private lands. Trading the service of conservation requires one to define a metric that determines the extent to which a conserved site adds to the regional conservation objective. Yet, while markets for conservation are widely discussed and increasingly applied, little research has been conducted on explicitly accounting for sp...

Innovate the Land Supply Pattern and Stabilize the Housing

Institute of Scientific and Technical Information of China (English)

WANG Junjie; Chen haibo

2015-01-01

In the process of building a harmonious socialist society, the protection of people＇ s livelihood is the priority, and to solve the housing problem of over one billion residents is the top priority. The present thesis begins with the land supply mechanism, and do researches on the style, the source and the type of land supply. With the analysis of land finance, the present thesis finally put forward the measures to innovate the land supply pattern, to increase the supply of low-income housing, to reform the way of land supply and to explore the circulating pattern of normative collective construction land that comes to is on the market. Meanwhile, it combines the present house property tax reform, putting forward the idea that imposing land property tax should be a way to inhibit the behavior of speculation. The present thesis aims at keeping the housing price at a reasonable level so that the purpose of stabilizing the housing price can he achieved.

Application of Agent-based Modelling for Estimation of Norm-based Dynamics of Housing Systems.

Czech Academy of Sciences Publication Activity Database

Lux, Martin; Hájek, Martin; Kážmér, Ladislav

2017-01-01

Roč. 34, č. 4 (2017), s. 379-398 ISSN 1403-6096 R&D Projects: GA ČR GA16-06335S Institutional support: RVO:68378025 Keywords : housing market * social norms * housing system Subject RIV: AO - Sociology, Demography OBOR OECD: Sociology Impact factor: 1.000, year: 2016

Conservation value of clustered housing developments.

Science.gov (United States)

Lenth, Buffy A; Knight, Richard L; Gilgert, Wendell C

2006-10-01

Traditionally, exurban lands in Colorado have been subdivided into a grid of parcels ranging from 2 to 16 ha. From an ecological perspective, this dispersed pattern of development effectively maximizes the individual influence of each home on the land. Clustered housing developments, designed to maximize open space, are assumed to benefit plant and wildlife communities of conservation interest. They have become a popular alternative for rural development despite the lack of empirical evidence demonstrating their conservation benefits. To better inform rural land-use planning, we evaluated clustered housing developments by comparing their spatial pattern with that of dispersed housing developments and by comparing their conservation value with that of both dispersed housing developments and undeveloped areas in Boulder County, Colorado. We used four indicators to assess conservation value: (1) densities of songbirds, (2) nest density and survival of ground-nesting birds, (3) presence of mammals, and (4) percent cover and proportion of native and non-native plant species. Clustered and dispersed housing developments did not differ on the majority of variables we examined. Both types of housing development had significantly higher densities of non-native and human-commensal species and significantly lower densities of native and human-sensitive species than undeveloped areas. More rigorous ecological guidelines and planning on a regional scale may help create clustered developments with higher conservation value.

Global city aspirations, graduated citizenship and public housing: analysing the consumer citizenships of neoliberalism

Directory of Open Access Journals (Sweden)

Dallas Rogers

2014-01-01

Full Text Available Global city discourses rearticulate the relationships between the state, urban space and the global economy. At the local level, global city reconfigurations stamp the mark of a global economic order onto local citizenship practices. Public housing is a legacy of specific national (welfare states where citizenship rights arose from territorially bound constitutional discourses, and is incompatible in its current form with the consumer-based rights and responsibilities of a global economic order. At the same time, property markets in high-value areas of cities like Sydney, Australia, see not only increasing presence of international investment but fundamental changes in planning and governance processes in order to facilitate it. Global market-oriented discourses of urban governance promote consumer “performances of citizenship” and a graduated approach to the distribution of rights, including the right to housing. In this article we explore what is new about neoliberal approaches to public and social housing policy, and how public tenants respond to and negotiate it. In Australia tenants’ right to participate in local-level democracy, and in housing management, must be reconsidered in light of the broader discourses of consumer citizenship that are now enforced on tenants as a set of “responsibilities” to the market and state.

Predicting downturns in the US housing market: a Bayesian approach

CSIR Research Space (South Africa)

Gupta, R

2010-10-01

Full Text Available one-to-four quarters-ahead real house price growth over the out-of- sample horizon of 1995:Q1–2006:Q4. The forecasts are evaluated by comparing them with those from an unrestricted classical Vector Autoregressive (VAR) model and the corresponding...

Learning from best practice low energy housing retrofit

NARCIS (Netherlands)

Mlecnik, E.; Hilderson, W.; Cré, J.

2010-01-01

Europe now expects an evolution of the building sector towards „near zero energy? buildings. In Belgium, the passive house concept offers a feasible portal towards 0-energy developments. Meanwhile, for the major market of renovations, we still have to learn-by-doing what is achievable from

Government intervention and market integration in Indonesian rice markets

OpenAIRE

Ismet, Mohammad; Barkley, Andrew P.; Llewelyn, Richard V.

1998-01-01

Long-run spatial price relationships in Indonesian rice markets and factors affecting the degree of market integration are evaluated using multivariate cointegration tests with weekly price data for the 1982-1993 period. The analysis includes evaluation of pre-self-sufficiency and post-self-sufficiency periods as well as for the entire period. The cointegration tests for entire Indonesian rice market, represented by the nine most relevant price series, indicate that relative to the pre-selfsu...

Energy retrofit via Social Housing: a proposal from Solar Decathlon

Directory of Open Access Journals (Sweden)

Chiara Tonelli

2012-10-01

Full Text Available Solar Decathlon is an annual university challenge where nearly zeroenergy housing prototypes enter in international competition, through a series of ten tests. The contest aims for superior energy performance, high standards of interior comfort, architectural aesthetics, positive electrical balances, industrialisation, and contained costs and feasibility as a marketable proposal. Seven editions of the Solar Decathlon have been held, with a total of 140 competing proposals both realized and placed on the market, representing a notable pool of experimental research to be studied and evaluated for applications in social housing. After a consideration of the competition features, the article describes the prototype presented by City College of New York at Solar Decathlon 2011, Washington DC, as a proposal of an energy retrofit suitable for many urban buildings with flat roofs.

Study protocol: developing a decision system for inclusive housing: applying a systematic, mixed-method quasi-experimental design.

Science.gov (United States)

Zeeman, Heidi; Kendall, Elizabeth; Whitty, Jennifer A; Wright, Courtney J; Townsend, Clare; Smith, Dianne; Lakhani, Ali; Kennerley, Samantha

2016-03-15

Identifying the housing preferences of people with complex disabilities is a much needed, but under-developed area of practice and scholarship. Despite the recognition that housing is a social determinant of health and quality of life, there is an absence of empirical methodologies that can practically and systematically involve consumers in this complex service delivery and housing design market. A rigorous process for making effective and consistent development decisions is needed to ensure resources are used effectively and the needs of consumers with complex disability are properly met. This 3-year project aims to identify how the public and private housing market in Australia can better respond to the needs of people with complex disabilities whilst simultaneously achieving key corporate objectives. First, using the Customer Relationship Management framework, qualitative (Nominal Group Technique) and quantitative (Discrete Choice Experiment) methods will be used to quantify the housing preferences of consumers and their carers. A systematic mixed-method, quasi-experimental design will then be used to quantify the development priorities of other key stakeholders (e.g., architects, developers, Government housing services etc.) in relation to inclusive housing for people with complex disabilities. Stakeholders randomly assigned to Group 1 (experimental group) will participate in a series of focus groups employing Analytical Hierarchical Process (AHP) methodology. Stakeholders randomly assigned to Group 2 (control group) will participate in focus groups employing existing decision making processes to inclusive housing development (e.g., Risk, Opportunity, Cost, Benefit considerations). Using comparative stakeholder analysis, this research design will enable the AHP methodology (a proposed tool to guide inclusive housing development decisions) to be tested. It is anticipated that the findings of this study will enable stakeholders to incorporate consumer housing

Study protocol: developing a decision system for inclusive housing: applying a systematic, mixed-method quasi-experimental design

Directory of Open Access Journals (Sweden)

Heidi Zeeman

2016-03-01

Full Text Available Abstract Background Identifying the housing preferences of people with complex disabilities is a much needed, but under-developed area of practice and scholarship. Despite the recognition that housing is a social determinant of health and quality of life, there is an absence of empirical methodologies that can practically and systematically involve consumers in this complex service delivery and housing design market. A rigorous process for making effective and consistent development decisions is needed to ensure resources are used effectively and the needs of consumers with complex disability are properly met. Methods/Design This 3-year project aims to identify how the public and private housing market in Australia can better respond to the needs of people with complex disabilities whilst simultaneously achieving key corporate objectives. First, using the Customer Relationship Management framework, qualitative (Nominal Group Technique and quantitative (Discrete Choice Experiment methods will be used to quantify the housing preferences of consumers and their carers. A systematic mixed-method, quasi-experimental design will then be used to quantify the development priorities of other key stakeholders (e.g., architects, developers, Government housing services etc. in relation to inclusive housing for people with complex disabilities. Stakeholders randomly assigned to Group 1 (experimental group will participate in a series of focus groups employing Analytical Hierarchical Process (AHP methodology. Stakeholders randomly assigned to Group 2 (control group will participate in focus groups employing existing decision making processes to inclusive housing development (e.g., Risk, Opportunity, Cost, Benefit considerations. Using comparative stakeholder analysis, this research design will enable the AHP methodology (a proposed tool to guide inclusive housing development decisions to be tested. Discussion It is anticipated that the findings of this study

Trends and developments on the Book Market. Particularities of the Romanian market

Directory of Open Access Journals (Sweden)

Cristina FRUNTEŞ

2015-12-01

Full Text Available The book market suffers major and rapid changes under the incidence of digital technology and of the internet. The main actors of the book market, the publishing houses and the brick and mortar retailers find themselves in a new context, faced with completely new players on this market. They must establish priorities and identify opportunities as soon as possible, in order to adapt to the new conditions. Two interconnected main trends are registered in the book industry: the online sales and the e-book sales register an important increase. The Romanian book market, a very small one given the global context, adheres to the general changes, but to a different extent, under the influence of local factors.

Interrelationship of migration and housing in Slovakia

Directory of Open Access Journals (Sweden)

Peter Sika

2017-10-01

Full Text Available Labour mobility is one of the factors that positively influence the balance of the labor market and employment and thus, economic growth. Milton Friedman, in his speech (1968 to the American Economic Association, communicated that the natural rate of unemployment depends on the degree of labor mobility in the economy. In this article we examine the interdependencies between migration and housing in Slovak Republic. Most residents commute to work in Bratislava and Trnava regions and migration between the other regions is not as pronounced. Low migration of population in Slovak Republic is strongly affected by high percentage of private ownership in the housing sector, which is arresting work force trapped in unemployment. In regions of high unemployment it is also high percentage of dwellings owned by households, affecting possibility of employment in other regions, because they have insufficient income to procure reality in the area with availabale work places as there is no sector of rental housing assuch. Based on the forecasts of the house prices development this status in the next 5 years will not change.

Reference dwellings for newly built houses 2013; Referentiewoningen voor nieuwbouw 2013

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-09-15

Since December 1995, a calculation of the energie performance coefficient (EPC) must be added to the building application for new residential and utility buildings To demonstrate the effect of energy-saving measures, the market has a need for examples or reference houses. In this brochure six houses are listed that can be used as a reference: a terraced house, a corner house, a semi-detached house, a detached house, a gallery and an apartment complex [Dutch] Sinds december 1995 moet bij de bouwaanvraag van nieuwe woningen en utiliteitsgebouwen een berekening van de energieprestatiecoefficient (EPC) worden toegevoegd. Om het effect van energiebesparende maatregelen te kunnen tonen, heeft de markt behoefte aan voorbeeld- of referentiewoningen. In deze brochure heeft Agentschap NL zes woningen opgenomen die als referentie kunnen worden gebruikt: een tussenwoning, een hoekwoning, een twee-onder-een-kapwoning, een vrijstaande woning, een galerij complex en een appartementencomplex.

Market possibilities for biofuels

International Nuclear Information System (INIS)

Hektor, B.

1992-01-01

The market for biofuels in Sweden after introduction of a proposed CO 2 -tax on fossil fuels is forecast. The competition between biofuels, fossil fuels and electricity is described for important market segments such as: Paper industry, Sawmills, Other energy-intensive industry, Power and heat producers, small Heat producers, and for Space heating of one-family houses. A market increase of the use of biofuels is probable for the segment small (district) heating centrals, 10 TWh in the next ten year period and even more during a longer period. Other market segments will not be much affected. An increased use of biofuels in paper and pulp industry will not influence the fuel market, since the increase will happen in the industry's normal lumber purchase. (2 figs., 18 tabs.)

24 CFR 886.334 - Execution of housing assistance payments contract.

Science.gov (United States)

2010-04-01

... DIRECT LOAN PROGRAM, SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM AND SECTION 811 SUPPORTIVE... Market Rent or the exception rent provided in § 886.310 in effect at the time of execution of the...

GLOBAL IMAGE HEGEMONY: Istanbul’s Gated Communities as the New Marketing Icons

Directory of Open Access Journals (Sweden)

Gözde Kan Ülkü

2013-07-01

Full Text Available In this paper we investigated how marketing strategies of the developing consumer  society has affected housing production in Istanbul as a corollary development of globalization in Turkey. We aim to analyze marketing strategies as active agents that shape the design of emerging gated communities in Istanbul through advertising media based on the theme of ‘an ideal life style,’ in the form of TV commercials, newspaper ads, publicity brochures etc. We focus on the representation and dissemination of this elusive ‘ideal’ to the public via the advertising campaigns of these housing settlements. Therefore the cases studied in the paper concentrates on the Turkish architectural scene after 1990, when consumer culture’s most significant impacts on architectural products are observed. Marketing of a new type of suburbanization in Turkey is concomitant with the rise of a new middle class having a high purchasing power and these housing projects are marketed via life style characteristics ‘desired’ by this class.

High-insulated glass house, Egebjerggaard, Ballerup; Det hoejisolerede glashus. Egebjerggaard, Ballerup

Energy Technology Data Exchange (ETDEWEB)

Wittchen, K.B.; Aggerholm, S.

1999-11-01

New, super-insulating transparent and translucent glazing offers new perspectives for use of glass in architecture to achieve new facade idioms, spatial and light effects and low energy consumption. The new types of glazing are being tested in practice through the construction of a super-insulated glass house for Ballerup Ejendomsselskab in the district of Egebjerggaard west of Copenhagen. The project is based on SBI Report 220, Super-insulated glass houses (1993), in which use of new, super-insulating transparent and translucent glazing is analysed in relation to architecture, light conditions, indoor climate and energy consumption - for a detached house and a terraced house. (EHS)

Market power across the Channel: Are Continental European gas markets isolated?

International Nuclear Information System (INIS)

Massol, Olivier; Banal-Estanol, Albert

2014-01-01

This paper examines the efficiency of the arbitrages performed between two regional markets for wholesale natural gas linked by a capacity-constrained pipeline system. We develop a switching regime specification to (i) detect if the observed spatial arbitrages satisfy the integration notion that all arbitrage opportunities between the two markets are being exploited, and (ii) decompose the observed spatial price differences into factors such as transportation costs, transportation bottlenecks, and the oligopolistic behavior of the arbitrageurs. Our framework incorporates a test for the presence of market power and it is thus able to distinguish between the physical and behavioral constraints to marginal cost pricing. We use the case of the 'Interconnector' pipeline as an application, linking Belgium and the UK. Our empirical findings show that all the arbitrage opportunities between the two zones are being exploited but confirm the presence of market power. (authors)

An Estimated DSGE Model with a Housing Sector for the Czech Economy

Directory of Open Access Journals (Sweden)

Miroslav Hloušek

2016-12-01

Full Text Available This paper uses an estimated DSGE model with an explicit housing sector to analyse the role of the housing sector and housing collateral for business cycle fluctuations in the Czech economy. The baseline results show that the development in the housing market has negligible effect on the rest of the economy. Counterfactual experiments indicate that the spill-overs increases with looser credit standards, if banks provide loans for higher value of houses. Similarly, with the higher loan-to-value ratios the transmission mechanism of monetary policy also seems to strengthen, with the key rates having bigger influence on the consumption and output. Looking at the development in house prices, the recent boom and bust is found to have been caused primarily by housing preference shocks (demand side shocks. Supply shocks are also found to have been significant, but to a much lesser extent.