Exploring the spatial structure of housing prices under economic expansion and stagnation: The role of socio-demographic factors in metropolitan Rome, Italy
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F86652079%3A_____%2F19%3A00506311" target="_blank" >RIV/86652079:_____/19:00506311 - isvavai.cz</a>
Result on the web
<a href="https://reader.elsevier.com/reader/sd/pii/S0264837718307853?token=0DF2E287EA97701633DA954DE62DFB370193D7C3266CBBFE7375FC1A932EDE57837A9E2D850A12C419CAAE0E7F28D08E" target="_blank" >https://reader.elsevier.com/reader/sd/pii/S0264837718307853?token=0DF2E287EA97701633DA954DE62DFB370193D7C3266CBBFE7375FC1A932EDE57837A9E2D850A12C419CAAE0E7F28D08E</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.landusepol.2018.10.030" target="_blank" >10.1016/j.landusepol.2018.10.030</a>
Alternative languages
Result language
angličtina
Original language name
Exploring the spatial structure of housing prices under economic expansion and stagnation: The role of socio-demographic factors in metropolitan Rome, Italy
Original language description
Analysis of changes over time in the spatial structure of housing prices provides reliable information to infer latent patterns and processes of urban growth. Although the 2008 financial recession had a negative impact on building activity in Europe and especially in southern Europe the overall impact of the global crisis on the spatial structure of housing prices has been occasionally investigated at the local scale. The present study compares the spatial structure of transaction prices under economic expansion (2003-2009) and recession (2009-2015) in Rome (central Italy), evaluating the combined influence of demography, land-use and territorial factors. Transaction prices increased significantly during expansion and decreased less sharply during recession. The highest housing prices were recorded in downtown Rome. Convergence and divergence in the level of housing prices between urban and rural areas were observed respectively during economic expansion and recession. The empirical results of this study indicate that the 2008 financial crisis influenced considerably the spatial structure of housing prices in Rome, weakening the urban-rural divide and consolidating the gap between wealthy and poor neighbourhoods.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
10511 - Environmental sciences (social aspects to be 5.7)
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Land Use Policy
ISSN
0264-8377
e-ISSN
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Volume of the periodical
81
Issue of the periodical within the volume
feb
Country of publishing house
GB - UNITED KINGDOM
Number of pages
10
Pages from-to
143-152
UT code for WoS article
000457820000015
EID of the result in the Scopus database
2-s2.0-85055913857