ABSTRACT At the beginning of this article, it was shown that the indicators of the current so-called social distance determined by decision-makers at various stages of the epidemic development are imprecise, do not sufficiently take into account spatial relations, are unclear in public perception, and do not contain specific practical solutions. Therefore, this study undertakes the task of giving the term “social distancing” precise features, defined on the basis of geometry, and providing solutions in typical cases of the living space of the population. The geometry of the distribution of people in various situations of everyday life was considered: people standing during concerts or religious ceremonies, sitting during meals in collective catering rooms and participating in lectures, cultural, entertainment or sports events. In the latter group of tasks, the concept of building a people-distribution scheme must be adapted to the existing, arbitrary grid of real places of a lecture hall, theater hall, cinema, or stadium. The article contains some practical examples with comments and an evaluation of benefits, both in terms of ensuring safety and in terms of effective use of space.
{"title":"The Use of Public Space During the Epidemic","authors":"A. Barańska, Konrad P. Eckes","doi":"10.2478/remav-2023-0001","DOIUrl":"https://doi.org/10.2478/remav-2023-0001","url":null,"abstract":"ABSTRACT At the beginning of this article, it was shown that the indicators of the current so-called social distance determined by decision-makers at various stages of the epidemic development are imprecise, do not sufficiently take into account spatial relations, are unclear in public perception, and do not contain specific practical solutions. Therefore, this study undertakes the task of giving the term “social distancing” precise features, defined on the basis of geometry, and providing solutions in typical cases of the living space of the population. The geometry of the distribution of people in various situations of everyday life was considered: people standing during concerts or religious ceremonies, sitting during meals in collective catering rooms and participating in lectures, cultural, entertainment or sports events. In the latter group of tasks, the concept of building a people-distribution scheme must be adapted to the existing, arbitrary grid of real places of a lecture hall, theater hall, cinema, or stadium. The article contains some practical examples with comments and an evaluation of benefits, both in terms of ensuring safety and in terms of effective use of space.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"31 1","pages":"1 - 9"},"PeriodicalIF":0.8,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46358284","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACT Points of Interest (POI) are an inherent element of the urban landscape, and their number and density reflect, among other things, the degree of urbanization and the city’s spatial structure. The very presence of POI in the closest vicinity of a residential property may indirectly or directly affect housing value. This paper aims to demonstrate the usefulness of POI density information of different categories in assessing the quality of a property’s immediate surroundings. While the mere presence of POIs in the nearest neighborhood may affect real estate prices, the influence of specific categories may not necessarily be positive. Therefore, the study attempted to classify POIs and determine their importance in the price formation process using spatial regression models. The results indicate that a high density of POIs in the immediate area is a stimulant for housing prices. The detailed analysis indicated that only some POI categories might be related to transaction prices, while in certain situations, some POI categories may negatively impact prices.
{"title":"Points of Interest and Housing Prices","authors":"R. Cellmer","doi":"10.2478/remav-2023-0007","DOIUrl":"https://doi.org/10.2478/remav-2023-0007","url":null,"abstract":"ABSTRACT Points of Interest (POI) are an inherent element of the urban landscape, and their number and density reflect, among other things, the degree of urbanization and the city’s spatial structure. The very presence of POI in the closest vicinity of a residential property may indirectly or directly affect housing value. This paper aims to demonstrate the usefulness of POI density information of different categories in assessing the quality of a property’s immediate surroundings. While the mere presence of POIs in the nearest neighborhood may affect real estate prices, the influence of specific categories may not necessarily be positive. Therefore, the study attempted to classify POIs and determine their importance in the price formation process using spatial regression models. The results indicate that a high density of POIs in the immediate area is a stimulant for housing prices. The detailed analysis indicated that only some POI categories might be related to transaction prices, while in certain situations, some POI categories may negatively impact prices.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"31 1","pages":"69 - 77"},"PeriodicalIF":0.8,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44546521","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACT A housing price, not considering its change over time, is widely determined by hedonic properties. This is common in literature; however, there is a significant part of a price, the so-called unexplained variance, that is not captured by hedonic models. The scientific problem of this research is how to classify and visualize architectural factors that might have an influence on the market value of a dwelling. The object of the research are architectural factors in a housing market value analysis and the aim of research is to describe the theoretical framework that defines the structure and scope of architectural variables influencing a housing market value. Not all architectural factors described in the literature review are equal in terms of scale, measurability, public or private context, aesthetic or functional priority. A systematic approach would be to classify architectural factors as a matrix of built environment properties. Two orthogonal dimensions can be identified: architectural factors spanning from non-design (functional, utilitarian) to design (abstract, unexplained) and factors spanning from architectural design (private) to urban design (public). A multidimensional and complex system of architectural variables influencing a housing market value exists. Understanding this system is crucial for a housing development to succeed.
{"title":"Architectural Factors Influencing a Housing Market Value: A Theoretical Framework","authors":"Tomas Skripkiūnas, V. Navickas","doi":"10.2478/remav-2023-0003","DOIUrl":"https://doi.org/10.2478/remav-2023-0003","url":null,"abstract":"ABSTRACT A housing price, not considering its change over time, is widely determined by hedonic properties. This is common in literature; however, there is a significant part of a price, the so-called unexplained variance, that is not captured by hedonic models. The scientific problem of this research is how to classify and visualize architectural factors that might have an influence on the market value of a dwelling. The object of the research are architectural factors in a housing market value analysis and the aim of research is to describe the theoretical framework that defines the structure and scope of architectural variables influencing a housing market value. Not all architectural factors described in the literature review are equal in terms of scale, measurability, public or private context, aesthetic or functional priority. A systematic approach would be to classify architectural factors as a matrix of built environment properties. Two orthogonal dimensions can be identified: architectural factors spanning from non-design (functional, utilitarian) to design (abstract, unexplained) and factors spanning from architectural design (private) to urban design (public). A multidimensional and complex system of architectural variables influencing a housing market value exists. Understanding this system is crucial for a housing development to succeed.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"31 1","pages":"25 - 35"},"PeriodicalIF":0.8,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42592887","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACT There is a belief among investors that real estate is an excellent way to protect capital from depreciation due to inflation. Research does not provide a clear answer as to whether this investors’ belief is correct, but some approaches indicate that simple econometric methods are not able, especially in the short term, to clearly indicate the existence of a relationship between inflation and property prices (Fogler, 1984). The purpose of the study –was to find the relationship between residential real estate prices and inflation in the Polish economic conditions. Methodology of the study - the study used cointegration analysis with the Engle - Granger test. The research was carried out in the period from the first quarter of 2009 to the fourth quarter of 2021. The real estate hedonic indices calculated by NBP (National Bank of Poland) and the actual and forecasted inflation rates published by the GUS (Central Statistical Office) and the NBP (National Bank of Poland) were used in the research. The result - the analysis led to a negative verification of the research hypothesis, as it could not be proved that real estate prices were related to the level of inflation during the researched period. Originality/value - the study fills a gap in the Polish market regarding the analysis of the possibility of using real estate as a hedge against inflation. The research concerned only the Polish market, but this issue has not been taken up for years, also in mature economies.
{"title":"Residential Real Estate as a Potential Hedge of Capital Against Inflation","authors":"Rafał Wolski","doi":"10.2478/remav-2023-0004","DOIUrl":"https://doi.org/10.2478/remav-2023-0004","url":null,"abstract":"ABSTRACT There is a belief among investors that real estate is an excellent way to protect capital from depreciation due to inflation. Research does not provide a clear answer as to whether this investors’ belief is correct, but some approaches indicate that simple econometric methods are not able, especially in the short term, to clearly indicate the existence of a relationship between inflation and property prices (Fogler, 1984). The purpose of the study –was to find the relationship between residential real estate prices and inflation in the Polish economic conditions. Methodology of the study - the study used cointegration analysis with the Engle - Granger test. The research was carried out in the period from the first quarter of 2009 to the fourth quarter of 2021. The real estate hedonic indices calculated by NBP (National Bank of Poland) and the actual and forecasted inflation rates published by the GUS (Central Statistical Office) and the NBP (National Bank of Poland) were used in the research. The result - the analysis led to a negative verification of the research hypothesis, as it could not be proved that real estate prices were related to the level of inflation during the researched period. Originality/value - the study fills a gap in the Polish market regarding the analysis of the possibility of using real estate as a hedge against inflation. The research concerned only the Polish market, but this issue has not been taken up for years, also in mature economies.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"31 1","pages":"36 - 42"},"PeriodicalIF":0.8,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43576323","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACT Most property valuation research concerns entire properties consisting of land and structures. However, different features of land and capital as factors of production determine different patterns shaping their value and their different impact on the total price of real estate. In this article the hedonic decomposition model, which controls for differences in housing quality, is applied to decompose the price of an apartment into the land and structure components. The depreciation rate of housing was calculated and taken into account to properly isolate the dynamics of land over time. This allowed us to compare the house price index with the dynamics of land and structure. The empirical analysis was carried out on the data for the city of Warsaw.
{"title":"A Decomposition approach for Assessing Land Leverage and Depreciation Rate on the Real Estate Market – Evidence from Warsaw Poland","authors":"J. Waszczuk","doi":"10.2478/remav-2023-0006","DOIUrl":"https://doi.org/10.2478/remav-2023-0006","url":null,"abstract":"ABSTRACT Most property valuation research concerns entire properties consisting of land and structures. However, different features of land and capital as factors of production determine different patterns shaping their value and their different impact on the total price of real estate. In this article the hedonic decomposition model, which controls for differences in housing quality, is applied to decompose the price of an apartment into the land and structure components. The depreciation rate of housing was calculated and taken into account to properly isolate the dynamics of land over time. This allowed us to compare the house price index with the dynamics of land and structure. The empirical analysis was carried out on the data for the city of Warsaw.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"31 1","pages":"55 - 68"},"PeriodicalIF":0.8,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49146243","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
F. U. M. Azian, Nurhayati Khair, Tum Choo Yoong, Suhana Ismail, N. Tambi
ABSTRACT In order to accommodate the city’s growing population and land shortage, more vertical buildings are being built nowadays, and mixed-use buildings, as opposed to those with a specific purpose, like residences and businesses, are being developed. Due to the structure’s complexity, this building nonetheless presents several issues to property management. Property management companies must comprehend people’s current needs and wishes to keep up with satisfaction levels and service quality. As a result, this study aims to ascertain how well a building’s services are provided in relation to how satisfied its residents are. A total of 500 respondents were surveyed, and a partial least squares structural equation model (PLS-SEM) analysis was performed to determine the relationships between the variables. The empirical results of this study revealed that four out of the five independent variables, i.e. tangibles, reliability, assurance, and empathy, show a significant relationship with occupants’ satisfaction. These research findings may give current insight for property management firms and personnel to improve the quality of their services by implementing corrective measures and prioritizing work, which increases resident satisfaction.
{"title":"The Relationship Between Service Quality and Occupants’ Satisfaction: A Mixed-Use Building","authors":"F. U. M. Azian, Nurhayati Khair, Tum Choo Yoong, Suhana Ismail, N. Tambi","doi":"10.2478/remav-2023-0008","DOIUrl":"https://doi.org/10.2478/remav-2023-0008","url":null,"abstract":"ABSTRACT In order to accommodate the city’s growing population and land shortage, more vertical buildings are being built nowadays, and mixed-use buildings, as opposed to those with a specific purpose, like residences and businesses, are being developed. Due to the structure’s complexity, this building nonetheless presents several issues to property management. Property management companies must comprehend people’s current needs and wishes to keep up with satisfaction levels and service quality. As a result, this study aims to ascertain how well a building’s services are provided in relation to how satisfied its residents are. A total of 500 respondents were surveyed, and a partial least squares structural equation model (PLS-SEM) analysis was performed to determine the relationships between the variables. The empirical results of this study revealed that four out of the five independent variables, i.e. tangibles, reliability, assurance, and empathy, show a significant relationship with occupants’ satisfaction. These research findings may give current insight for property management firms and personnel to improve the quality of their services by implementing corrective measures and prioritizing work, which increases resident satisfaction.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"31 1","pages":"78 - 87"},"PeriodicalIF":0.8,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43657172","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACT The COVID-19 pandemic period brings huge uncertainty, especially for the real estate sector. On the one hand, restrictions on the mobility of a population, decline in travel demands, popularization of remote work and education models caused doubts among investors questioning the future of the sector and the functions of real estate. On the other hand, the large supply of cash after the first waves of the pandemic and the upcoming increase in inflation resulted in many investors boldly investing cash in real estate, considering them as assets of stable value. This research aims to analyze the processes of value migration among real estate companies listed on the Warsaw Stock Exchange during this turbulent process. We analyzed the changes in the main drivers of value and the migration rates of the real estate sector based on data for 2018, 2019, 2020 and Q3 2021. The first period of the pandemic is the time of the collapse of the main profitability factors, sales and profitability of sales decline in the entire sector. However, the financial pillars of the analyzed companies are stable and we are not seeing signs of liquidity problems or a significant increase in debt. The second year of the pandemic is a significant reflection of most of the drivers of value, often to levels higher than those observed before the pandemic. Investors seem to remain insensitive to turbulent changes in accounting measures of effectiveness. We observe the relative stability of market measures. The processes of the migration of values from and to the sector do not show significant changes when comparing the periods before and during the pandemic. We observe various intensities of the studied phenomena in various groups of the real estate segment.
{"title":"The Impact of Covid-19 Pandemic on Value Migration Processes in the Real Estate Sector","authors":"M. Kowalski, Tong Wang, J. Kazak","doi":"10.2478/remav-2023-0002","DOIUrl":"https://doi.org/10.2478/remav-2023-0002","url":null,"abstract":"ABSTRACT The COVID-19 pandemic period brings huge uncertainty, especially for the real estate sector. On the one hand, restrictions on the mobility of a population, decline in travel demands, popularization of remote work and education models caused doubts among investors questioning the future of the sector and the functions of real estate. On the other hand, the large supply of cash after the first waves of the pandemic and the upcoming increase in inflation resulted in many investors boldly investing cash in real estate, considering them as assets of stable value. This research aims to analyze the processes of value migration among real estate companies listed on the Warsaw Stock Exchange during this turbulent process. We analyzed the changes in the main drivers of value and the migration rates of the real estate sector based on data for 2018, 2019, 2020 and Q3 2021. The first period of the pandemic is the time of the collapse of the main profitability factors, sales and profitability of sales decline in the entire sector. However, the financial pillars of the analyzed companies are stable and we are not seeing signs of liquidity problems or a significant increase in debt. The second year of the pandemic is a significant reflection of most of the drivers of value, often to levels higher than those observed before the pandemic. Investors seem to remain insensitive to turbulent changes in accounting measures of effectiveness. We observe the relative stability of market measures. The processes of the migration of values from and to the sector do not show significant changes when comparing the periods before and during the pandemic. We observe various intensities of the studied phenomena in various groups of the real estate segment.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"31 1","pages":"10 - 24"},"PeriodicalIF":0.8,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47783381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACT This paper identifies the management of municipal housing stock as an area of public management in an urban municipality, taking into account the legal, institutional and market conditions in Poland. In order to achieve this aim, the author examined relevant literature and pertinent legislation and employed an analysis of source (organizational) documentation on the management of municipal housing stock in provincial capital cities. The paper begins by discussing the essence, distinctive characteristics and concepts of public management as a sub-discipline of management sciences. Subsequently, it outlines the specificity of public management in a municipality as a local government unit. Against this background, the author goes on to identify the management of municipal housing stock from the standpoint of public management in an urban municipality by formulating its definition in a broad and narrow sense, followed by a synthetic characterization of this management in a functional and institutional approach, considering its basic organizational models. The research demonstrated that the management of municipal housing stock is subject to progressive marketization and tends to be shaped by such public management mechanisms as hierarchy, market and network. These mechanisms cause this management to operate in practice in a hybrid system.
{"title":"Municipal Housing Stock Management in Poland from a Public Management Perspective","authors":"Andrzej Muczyński","doi":"10.2478/remav-2023-0005","DOIUrl":"https://doi.org/10.2478/remav-2023-0005","url":null,"abstract":"ABSTRACT This paper identifies the management of municipal housing stock as an area of public management in an urban municipality, taking into account the legal, institutional and market conditions in Poland. In order to achieve this aim, the author examined relevant literature and pertinent legislation and employed an analysis of source (organizational) documentation on the management of municipal housing stock in provincial capital cities. The paper begins by discussing the essence, distinctive characteristics and concepts of public management as a sub-discipline of management sciences. Subsequently, it outlines the specificity of public management in a municipality as a local government unit. Against this background, the author goes on to identify the management of municipal housing stock from the standpoint of public management in an urban municipality by formulating its definition in a broad and narrow sense, followed by a synthetic characterization of this management in a functional and institutional approach, considering its basic organizational models. The research demonstrated that the management of municipal housing stock is subject to progressive marketization and tends to be shaped by such public management mechanisms as hierarchy, market and network. These mechanisms cause this management to operate in practice in a hybrid system.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"31 1","pages":"43 - 54"},"PeriodicalIF":0.8,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43485063","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
N. Hamid, Muhammad Najib Razali, Fatin Afiqah Md. Azmi, S. Z. Daud, Nurhidayah Md. Yunus
Abstract There have been extensive studies pertaining on bubble detection in literature, though very few investigate the Malaysian residential property market. The inflated housing market, however, has sparked widespread public anxiety and there has been a proliferation of comments and forecasts about the presence of housing bubbles in Malaysia throughout the last decade. The purpose of this paper is to assess the housing bubbles in Malaysia by using empirical models in detecting Malaysian residential property bubbles. This research employed the Markov Switching (MS) model to investigate the housing bubbles for the Malaysian residential property market. The findings revealed Malaysian housing prices to be relatively stable over the period 2010 to 2019, with states of upheaval occurring only during short-lived periods. Overall, Malaysian housing prices were generally steady between 2010 and 2019, albeit this has shifted slowly in recent years as economic turmoil faded. This study provides empirical results to explain the situation of Malaysian house prices in the recent years.
{"title":"Prospecting Housing Bubbles in Malaysia","authors":"N. Hamid, Muhammad Najib Razali, Fatin Afiqah Md. Azmi, S. Z. Daud, Nurhidayah Md. Yunus","doi":"10.2478/remav-2022-0030","DOIUrl":"https://doi.org/10.2478/remav-2022-0030","url":null,"abstract":"Abstract There have been extensive studies pertaining on bubble detection in literature, though very few investigate the Malaysian residential property market. The inflated housing market, however, has sparked widespread public anxiety and there has been a proliferation of comments and forecasts about the presence of housing bubbles in Malaysia throughout the last decade. The purpose of this paper is to assess the housing bubbles in Malaysia by using empirical models in detecting Malaysian residential property bubbles. This research employed the Markov Switching (MS) model to investigate the housing bubbles for the Malaysian residential property market. The findings revealed Malaysian housing prices to be relatively stable over the period 2010 to 2019, with states of upheaval occurring only during short-lived periods. Overall, Malaysian housing prices were generally steady between 2010 and 2019, albeit this has shifted slowly in recent years as economic turmoil faded. This study provides empirical results to explain the situation of Malaysian house prices in the recent years.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"30 1","pages":"74 - 88"},"PeriodicalIF":0.8,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42665183","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Anna Wojewnik-Filipkowska, Aleksandra Koszarek-Cyra
Abstract The airport may be an opportunity for the development of airport-proximate areas, as well as a source of conflicts and nuisances for stakeholders. From the perspective of spatial order and sustainable development, it is necessary to create a coherent vision of the development and operationalize it via spatial management. This article aims to analyze spatial management in areas proximate to Gdansk Airport in the context of spatial chaos. The analyses are based on 232 local spatial development plans for the period 1996-2020, for 11 selected areas in the vicinity of the Gdansk Lech Walesa Airport, documents obtained from the local government, and open-source data. The research concentrates on the analysis of the functions of areas, spatial chaos, and the threat of potential conflicts. The results demonstrate the spatial chaos in proximate areas of Gdansk Airport. This implies that the decisions made by the authorities responsible for spatial management do not respect spatial order and sustainable development and contribute to spatial chaos.
{"title":"Spatial Chaos in the Airport-Proximate Areas - Case Study of Gdansk Lech Walesa Airport","authors":"Anna Wojewnik-Filipkowska, Aleksandra Koszarek-Cyra","doi":"10.2478/remav-2022-0029","DOIUrl":"https://doi.org/10.2478/remav-2022-0029","url":null,"abstract":"Abstract The airport may be an opportunity for the development of airport-proximate areas, as well as a source of conflicts and nuisances for stakeholders. From the perspective of spatial order and sustainable development, it is necessary to create a coherent vision of the development and operationalize it via spatial management. This article aims to analyze spatial management in areas proximate to Gdansk Airport in the context of spatial chaos. The analyses are based on 232 local spatial development plans for the period 1996-2020, for 11 selected areas in the vicinity of the Gdansk Lech Walesa Airport, documents obtained from the local government, and open-source data. The research concentrates on the analysis of the functions of areas, spatial chaos, and the threat of potential conflicts. The results demonstrate the spatial chaos in proximate areas of Gdansk Airport. This implies that the decisions made by the authorities responsible for spatial management do not respect spatial order and sustainable development and contribute to spatial chaos.","PeriodicalId":37812,"journal":{"name":"Real Estate Management and Valuation","volume":"30 1","pages":"55 - 73"},"PeriodicalIF":0.8,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44498629","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}