Decisions and prospects of short-term rental hosts under uncertainties DOI
Miyoung Sim, Seonjin Lee, Ashley Schroeder

и другие.

Current Issues in Tourism, Год журнала: 2023, Номер unknown, С. 1 - 20

Опубликована: Дек. 27, 2023

Despite discussions on the rise of short-term rentals and their socioeconomic consequences, there are limited theoretical underpinnings explaining suppliers’ decisions to join or leave rental market. On basis prospect theory, we analyze economic gains losses involved in (not) host impact such market actors’ decisions. Using a panel dataset short- long-term markets Manhattan, New York (2017–2022), analyzed increases decreases Airbnb supply using spatial model. We find that have different elasticity losses. A risk-seeking attitude is observed market, whereas exhibit risk-averse attitude. The findings highlight attitudes toward heterogeneity

Язык: Английский

The Declining Impact of Walkability and Transit Accessibility on U.S. Home Values During the COVID-19 Pandemic DOI
Bradley Bereitschaft

Journal of Housing Research, Год журнала: 2025, Номер unknown, С. 1 - 21

Опубликована: Март 20, 2025

Язык: Английский

Процитировано

0

COVID-19 effects on property prices around metro stations: varied responses based on station types DOI
Xuexin Yan, Yuanhang Zhang,

Hong Yang

и другие.

Journal of Housing and the Built Environment, Год журнала: 2024, Номер unknown

Опубликована: Апрель 27, 2024

Язык: Английский

Процитировано

2

Quantile Spillovers and Connectedness Between Real Estate Investment Trust, the Housing Market, and Investor Sentiment DOI Creative Commons
Elroi Hadad, Thai Hong Le, Lương Trâm Anh

и другие.

International Journal of Financial Studies, Год журнала: 2024, Номер 12(4), С. 117 - 117

Опубликована: Ноя. 28, 2024

This paper examines the quantile connectedness between Real Estate Investment Trusts (REITs), housing market sentiment, and stock sentiment in U.S. over period January 2014 June 2022 using vector autoregression (QVAR) model. We find modest spillover effects at median (8.51%), which become more pronounced extreme tails (between 50.51% 59.73%). The COVID-19 pandemic amplifies these interconnections. REITs are net receivers but transmitters quantiles, while mainly transmits during normal conditions receives highly bullish markets. Home purchase shifts from fluctuating roles before to being a transmitter post-2021. Overall, negative shocks have greater impact than positive ones, exhibit stock-like behavior. These findings underscore importance for fund managers investors consider volatility both real estate markets, especially conditions.

Язык: Английский

Процитировано

2

The Effect of the Major-Grain-Producing-Areas Oriented Policy on Crop Production: Evidence from China DOI Creative Commons

Wenyuan Hua,

Zhihan Chen,

Liangguo Luo

и другие.

Land, Год журнала: 2022, Номер 11(9), С. 1375 - 1375

Опубликована: Авг. 23, 2022

As a powerful actor in the global food system, China experienced significant drop crop production from 1998 to 2003, which posed substantial threat national security and led establishment of 13 major grain-producing areas (MGPA). Although some qualitative research has found that MGPA policy plays an important role ensuring security, quantitative evidence on effect its potential mechanism remains scarce. Based China’s interprovincial panel data 2018, this study used difference-in-differences (DD) estimation strategy analyze treatment by taking assignment as quasi-experiment. The results showed enforcement significantly increased production, especially terms grain, rice wheat yields. average grain yields were raised 27.5%. event analysis effects sustainable following years implementation. This also explored alternative causal channels mainly expanding planting areas, improving level mechanization increasing transfer payments. These findings demonstrate effectiveness developing country setting, could enlighten policymakers less well-developed countries boosting maintaining security.

Язык: Английский

Процитировано

8

Nonlinear Hierarchical Effects of Housing Prices and Built Environment Based on Multiscale Life Circle—A Case Study of Chengdu DOI Creative Commons
Yandi Song, Shaoyao Zhang, Wei Deng

и другие.

ISPRS International Journal of Geo-Information, Год журнала: 2023, Номер 12(9), С. 371 - 371

Опубликована: Сен. 6, 2023

Determining the optimal planning scale for urban life circles and analyzing associated built environment factors are crucial comprehending regulating residential differentiation. This study aims to bridge current research void concerning nonlinear hierarchical relationships between differentiation under multiscale effect. Specifically, six indicators were derived from crowdsourcing data: diversity of function (DBEF1), density (DBEF2), blue–green (BGE), traffic accessibility (TA), population vitality (PV), shopping (SV). Then, a gradient boosting decision tree (GBDT) was applied derive analysis these indicators. Finally, interpretability machine learning leveraged quantify relative importance housing prices. The results indicate structure inflection point effect on premiums. Notably, impact trend prices within 15 min circle remains stable. crowd behavior, as depicted by PV SV, emerges most significant factor. Furthermore, this also categorizes into common high-end residences, thereby unveiling that distinct neighborhoods exhibit varying degrees dependence environment. exerts formation differentiation, with exhibiting increased sensitivity at smaller scale. Conversely, is amplified larger Under dual influence effect, framework can dynamically adapt uncertainty changes in policies markets. provides strong theoretical support exploring scale, alleviating promoting group fairness.

Язык: Английский

Процитировано

4

Impacts of monetary policy on housing prices in five emerging economies during the Covid-19 pandemic DOI
Nguyen Ba Trung, Chon Van Le

International Journal of Housing Markets and Analysis, Год журнала: 2023, Номер unknown

Опубликована: Июль 22, 2023

Purpose This paper aims to examine the dynamic impacts of COVID-19 pandemic and government policy on real house price indices in five emerging economies, namely, Brazil, China, Thailand, Turkey South Africa. Design/methodology/approach The authors use local projection method with a panel data set these countries spanning from January 2020 July 2021. Findings number confirmed positive cases raised housing prices, whereas containment measures reduced them. Both conventional unconventional monetary implemented by central banks cope helped increase prices. These effects were strengthened US via globalized financial markets. Originality/value First, while previous researches typically concentrated developed countries, investigate economies where proportionally more people badly affected pandemic. Second, enabled crisis Third, best authors’ knowledge, this is first study evaluating influences easing prices during

Язык: Английский

Процитировано

3

The Impacts of COVID-19 on Real Estate Market Dynamics: A Systematic Literature Review of Emerging Trends DOI Creative Commons
Felicia Di Liddo, Debora Anelli, Pierluigi Morano

и другие.

Buildings, Год журнала: 2023, Номер 13(9), С. 2334 - 2334

Опубликована: Сен. 14, 2023

The real estate market constitutes one of the major sectors that was influenced by COVID-19 pandemic. It is therefore useful to understand ways in which has changed dynamics market, establishing new trends different segments. health crisis upset consolidated “human normality” spreading behaviors and involving almost all sectors. Among economic fields, identification temporary permanent impacts on fundamental assess consequences worldwide evaluate countries’ resilience ability. aim research provide a systematic literature review existent academic insights order identify aspects have been mainly addressed regarding market’s from grasp how changed. Thus, through five structured steps—from formulation questions an analysis discussion selected papers for drafting overall conclusions—102 published period between second half 2020 first 2023 collected Scopus Google Scholar were reviewed examined. findings reveal (i) housing most analyzed, (ii) 2021 2022 scientifically prolific, (iii) US studied, (iv) American authors active subject, (v) “article” type paper published. These results basis future developments dynamics, supporting implementation recovery plan strategies decision-making processes operators improving sector.

Язык: Английский

Процитировано

2

The role of government emergency response capability in regional governance: evidence from the COVID-19 outbreak impact on the housing market DOI

Fengfu Mao,

Yuanfan Wang,

Xiaowen Yu

и другие.

Journal of Housing and the Built Environment, Год журнала: 2023, Номер unknown

Опубликована: Сен. 27, 2023

Язык: Английский

Процитировано

2

Population shrinkage and its influence on housing prices: A mediation perspective based on commercial amenities DOI
Mingke Xie,

Zhangxian Feng,

Haoming Guan

и другие.

Habitat International, Год журнала: 2024, Номер 151, С. 103151 - 103151

Опубликована: Июль 30, 2024

Язык: Английский

Процитировано

0

Grid Density Algorithm-Based Second-Hand Housing Transaction Activity and Spatio-Temporal Characterization: The Case of Shenyang City, China DOI Creative Commons
Jiaqiang Ren,

Xiaomeng Gao

ISPRS International Journal of Geo-Information, Год журнала: 2024, Номер 13(8), С. 286 - 286

Опубликована: Авг. 16, 2024

Second-hand housing transactions constitute a significant segment of the real estate market and are vital for its robust development. The dynamics these mirror preferences buyers, their spatial temporal analysis elucidates evolving patterns buyer behavior. This study introduces an innovative grid density clustering algorithm, dubbed RScan which integrates Bayesian optimization with techniques. composite methodology is employed to assess outcomes, optimize hyperparameters, facilitate detailed visualization transaction activity across various regions. Focusing on Shenyang, major urban center in Northeast China, research spans from 2018 2023, exploring second-hand spatio-temporal attributes. results reveal fluctuations intensity different Shenyang regions, although core areas high remain constant. These regions display heterogeneous pattern irregularly stepped clustered distributions, notable absence uniformly high-activity zones. pioneers novel methodological framework investigating transactions, offering crucial insights development policy formulation Shenyang.

Язык: Английский

Процитировано

0