Pub Date : 2023-09-20DOI: 10.1007/s10901-023-10056-8
Herman Donner, Fredrik Kopsch
Abstract Rent control measures are typically in place to assist low-income households and decrease segregation. Yet, there is little empirical research on the social impact of such policies and specifically the role of how rent-controlled apartments are allocated. This study analyzes the income-distributional effects of rent control with a novel dataset that includes characteristics of those who received rent-controlled apartments between 2011 and 2016 in central Stockholm, Sweden. Specifically, this paper provides analysis of the impact of allocating apartments through a centrally managed queue with apartments from both public and private landlords. To quantify the rent subsidy, we estimate hypothetical market rents by taking the owner-occupied market as a point of deviation. We find a positive relationship between the rent subsidy and time in que. Apartments in the fourth quartile of subsidy require on average 21 years in que, while those in the first quartile require 10 years on average. There is considerably heterogeneity in the level of rent subsidy, and tenant income. Even as allocating through queuing should benefit high-income households less than allocation based on landlord preferences, we find several regressive effects. Controlling for time in queue, we find that tenants in the fourth quartile of annual income receive monthly rent subsidies that are substantially higher than renters in the first quartile of income. Similarly, rental apartments in the fourth quartile of the subsidy have older tenants with substantially higher incomes compared to less subsidized apartments. The regressive effect is driven by high earners renting larger apartments with larger absolute subsidies and being able to wait longer in queue.
{"title":"An income-distributional analysis of the rent control subsidy","authors":"Herman Donner, Fredrik Kopsch","doi":"10.1007/s10901-023-10056-8","DOIUrl":"https://doi.org/10.1007/s10901-023-10056-8","url":null,"abstract":"Abstract Rent control measures are typically in place to assist low-income households and decrease segregation. Yet, there is little empirical research on the social impact of such policies and specifically the role of how rent-controlled apartments are allocated. This study analyzes the income-distributional effects of rent control with a novel dataset that includes characteristics of those who received rent-controlled apartments between 2011 and 2016 in central Stockholm, Sweden. Specifically, this paper provides analysis of the impact of allocating apartments through a centrally managed queue with apartments from both public and private landlords. To quantify the rent subsidy, we estimate hypothetical market rents by taking the owner-occupied market as a point of deviation. We find a positive relationship between the rent subsidy and time in que. Apartments in the fourth quartile of subsidy require on average 21 years in que, while those in the first quartile require 10 years on average. There is considerably heterogeneity in the level of rent subsidy, and tenant income. Even as allocating through queuing should benefit high-income households less than allocation based on landlord preferences, we find several regressive effects. Controlling for time in queue, we find that tenants in the fourth quartile of annual income receive monthly rent subsidies that are substantially higher than renters in the first quartile of income. Similarly, rental apartments in the fourth quartile of the subsidy have older tenants with substantially higher incomes compared to less subsidized apartments. The regressive effect is driven by high earners renting larger apartments with larger absolute subsidies and being able to wait longer in queue.","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136308912","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-20DOI: 10.1007/s10901-023-10066-6
Elif Aksel, Çağrı Imamoğlu
{"title":"Investigating the restorative potential of women’s home environments","authors":"Elif Aksel, Çağrı Imamoğlu","doi":"10.1007/s10901-023-10066-6","DOIUrl":"https://doi.org/10.1007/s10901-023-10066-6","url":null,"abstract":"","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136313384","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-20DOI: 10.1007/s10901-023-10069-3
Mustapha Bangura, Chyi Lin Lee
Abstract To date, no empirical study has examined the impact of negative gearing and other factors on residential investors’ decisions using quantitative analysis. We applied a structural vector autoregression framework to trace the response of residential investors in Greater Sydney to shocks in its key drivers over the period 1991–2018. We discovered a residential investors’ profile in which negative gearing is being used to cushion any net rental loss during periods of low yield while expecting capital growth over their holding period. This supports the hypotheses of the study which posit that capital gains and negative gearing have a positive and negative relationship, respectively, with the number of residential investors. Additionally, a negative relationship between mortgage lending rate and number of investors is found, indicating a rising lending rate will increase expenses and contribute to low yield. We also found population growth and increased housing supply could increase the number of residential investors. These results could be used by tax and housing policy makers to recalibrate tax laws relating to negative gearing, especially for residential investment. Residential investors could potentially use this information for more informed decision making, particularly during periods of low yields.
{"title":"The impact of negative gearing on the investment decisions of housing investors: the case of Greater Sydney","authors":"Mustapha Bangura, Chyi Lin Lee","doi":"10.1007/s10901-023-10069-3","DOIUrl":"https://doi.org/10.1007/s10901-023-10069-3","url":null,"abstract":"Abstract To date, no empirical study has examined the impact of negative gearing and other factors on residential investors’ decisions using quantitative analysis. We applied a structural vector autoregression framework to trace the response of residential investors in Greater Sydney to shocks in its key drivers over the period 1991–2018. We discovered a residential investors’ profile in which negative gearing is being used to cushion any net rental loss during periods of low yield while expecting capital growth over their holding period. This supports the hypotheses of the study which posit that capital gains and negative gearing have a positive and negative relationship, respectively, with the number of residential investors. Additionally, a negative relationship between mortgage lending rate and number of investors is found, indicating a rising lending rate will increase expenses and contribute to low yield. We also found population growth and increased housing supply could increase the number of residential investors. These results could be used by tax and housing policy makers to recalibrate tax laws relating to negative gearing, especially for residential investment. Residential investors could potentially use this information for more informed decision making, particularly during periods of low yields.","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136308403","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-20DOI: 10.1007/s10901-023-10060-y
Purity Njeri, Gerryshom Munala, Sammy Letema
{"title":"Environmental sustainability performance of eleven upgraded informal settlements in Kenyan cities","authors":"Purity Njeri, Gerryshom Munala, Sammy Letema","doi":"10.1007/s10901-023-10060-y","DOIUrl":"https://doi.org/10.1007/s10901-023-10060-y","url":null,"abstract":"","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136308919","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-20DOI: 10.1007/s10901-023-10062-w
Nikolina Myofa
Abstract This article considers changes regarding the social physiognomy of apartment blocks in urban housing in the densely built neighbourhoods of Athens City Centre. The aim is to illuminate the changes that have been a main consequence of the residential mobility that began during the post-World War II period and continues today. Thus, I will provide evidence of two apartment blocks located in the Kypseli neighbourhood of the Municipality of Athens that I have thoroughly investigated. These blocks are among the 28 I have previously examined in a project about Athenian apartment blocks.
{"title":"Micro-segregation and residential mobility: case study of two athenian apartment blocks","authors":"Nikolina Myofa","doi":"10.1007/s10901-023-10062-w","DOIUrl":"https://doi.org/10.1007/s10901-023-10062-w","url":null,"abstract":"Abstract This article considers changes regarding the social physiognomy of apartment blocks in urban housing in the densely built neighbourhoods of Athens City Centre. The aim is to illuminate the changes that have been a main consequence of the residential mobility that began during the post-World War II period and continues today. Thus, I will provide evidence of two apartment blocks located in the Kypseli neighbourhood of the Municipality of Athens that I have thoroughly investigated. These blocks are among the 28 I have previously examined in a project about Athenian apartment blocks.","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136308931","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-20DOI: 10.1007/s10901-023-10067-5
Aminath S. Rasheed, Colin A. Booth, Rosemary E. Horry
Abstract Unprecedented increases in both tourism and population growth have put extreme pressure on the Republic of the Maldives, which has resulted in significant changes to the islands as a result of construction activities. This study is the first to investigate perceptions of the benefits and barriers of implementing environmental management systems (EMS) in the Maldivian construction industry, and what effective measures and strategies exist to drive environmental management practices. A subjectivist stance and deductive approach have been taken with an online survey adopting a quantitative strategy with a range of construction professions across the Maldivian construction sector. Using a central tendency measure of weighted average, the respondents’ opinions suggest that the primary benefits of having an EMS in the Maldives are perceived as the enhancement of corporate image and environmental protection; while the major barriers are lack of legal enforcement and the requirement for company structures and policies to change to accommodate an EMS. The findings also suggest that those companies who establish a waste management plan and where authorities enforce legal environmental requirements are believed to be the most effective means to encourage more widespread adoption. Based on these findings, it is recommended that managers, need to increasingly promote the principles of environmental management and sustainable practices/behaviours amongst construction industry stakeholders. Furthermore, policy makers within the Maldives should be exploring the viability of establishing financial incentive schemes (particularly for SMEs), in addition to encouraging wider adoption of EMSs across the Maldivian industry sectors.
{"title":"Stakeholder perceptions of the benefits and barriers of implementing environmental management systems in the Maldivian construction industry","authors":"Aminath S. Rasheed, Colin A. Booth, Rosemary E. Horry","doi":"10.1007/s10901-023-10067-5","DOIUrl":"https://doi.org/10.1007/s10901-023-10067-5","url":null,"abstract":"Abstract Unprecedented increases in both tourism and population growth have put extreme pressure on the Republic of the Maldives, which has resulted in significant changes to the islands as a result of construction activities. This study is the first to investigate perceptions of the benefits and barriers of implementing environmental management systems (EMS) in the Maldivian construction industry, and what effective measures and strategies exist to drive environmental management practices. A subjectivist stance and deductive approach have been taken with an online survey adopting a quantitative strategy with a range of construction professions across the Maldivian construction sector. Using a central tendency measure of weighted average, the respondents’ opinions suggest that the primary benefits of having an EMS in the Maldives are perceived as the enhancement of corporate image and environmental protection; while the major barriers are lack of legal enforcement and the requirement for company structures and policies to change to accommodate an EMS. The findings also suggest that those companies who establish a waste management plan and where authorities enforce legal environmental requirements are believed to be the most effective means to encourage more widespread adoption. Based on these findings, it is recommended that managers, need to increasingly promote the principles of environmental management and sustainable practices/behaviours amongst construction industry stakeholders. Furthermore, policy makers within the Maldives should be exploring the viability of establishing financial incentive schemes (particularly for SMEs), in addition to encouraging wider adoption of EMSs across the Maldivian industry sectors.","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136263175","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Perceptions of living environment among the elderly based on an assumed earthquake scenario: case of Hefei, China","authors":"Wenjing Li, Guofang Zhai, Manting Hu, Shutian Zhou","doi":"10.1007/s10901-023-10055-9","DOIUrl":"https://doi.org/10.1007/s10901-023-10055-9","url":null,"abstract":"","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135014592","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-14DOI: 10.1007/s10901-023-10057-7
Ethan Siu Leung Cheung, Ada C. Mui
{"title":"Home and neighborhood environmental correlates of civic participation among community-dwelling older adults in Canada","authors":"Ethan Siu Leung Cheung, Ada C. Mui","doi":"10.1007/s10901-023-10057-7","DOIUrl":"https://doi.org/10.1007/s10901-023-10057-7","url":null,"abstract":"","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134910995","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-29DOI: 10.1007/s10901-023-10063-9
S. Winters
{"title":"Turbulent times for flemish social housing","authors":"S. Winters","doi":"10.1007/s10901-023-10063-9","DOIUrl":"https://doi.org/10.1007/s10901-023-10063-9","url":null,"abstract":"","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49569132","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-29DOI: 10.1007/s10901-023-10059-5
Ching-Yi Chen, Hsi-Chuan Wang
{"title":"Investigating the use of second houses for middle- and advanced-aged people: empirical evidence from a metropolitan city","authors":"Ching-Yi Chen, Hsi-Chuan Wang","doi":"10.1007/s10901-023-10059-5","DOIUrl":"https://doi.org/10.1007/s10901-023-10059-5","url":null,"abstract":"","PeriodicalId":47558,"journal":{"name":"Journal of Housing and the Built Environment","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47622786","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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