Exploring the spatial structure of housing prices under economic expansion and stagnation: The role of socio-demographic factors in metropolitan Rome, Italy

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Exploring the spatial structure of housing prices under economic expansion and stagnation: The role of socio-demographic factors in metropolitan Rome, Italy

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Exploring the spatial structure of housing prices under economic expansion and stagnation: The role of socio-demographic factors in metropolitan Rome, Italy

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

10511 - Environmental sciences (social aspects to be 5.7)

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Land Use Policy

ISSN

0264-8377

e-ISSN

—

Svazek periodika

81

Číslo periodika v rámci svazku

feb

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

10

Strana od-do

143-152

Kód UT WoS článku

000457820000015

EID výsledku v databázi Scopus

2-s2.0-85055913857