Spatial housing economics A survey

This introduction to the virtual special issue surveys the development of spatial housing economics from its roots in neoclassical theory, through more recent developments in social interactions modelling, and touching on the role of institutions, path dependence and economic history. The survey als...

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Published inUrban studies (Edinburgh, Scotland) Vol. 53; no. 10; pp. 1987 - 2003
Main Author Meen, Geoffrey
Format Journal Article
LanguageEnglish
Published London, England Sage Publications, Ltd 01.08.2016
SAGE Publications
Sage Publications Ltd
Subjects
Online AccessGet full text
ISSN0042-0980
1360-063X
DOI10.1177/0042098016642962

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Abstract This introduction to the virtual special issue surveys the development of spatial housing economics from its roots in neoclassical theory, through more recent developments in social interactions modelling, and touching on the role of institutions, path dependence and economic history. The survey also points to some of the more promising future directions for the subject that are beginning to appear in the literature. The survey covers elements of hedonic models, spatial econometrics, neighbourhood models, housing market areas, housing supply, models of segregation, migration, housing tenure, subnational house price modelling including the so-called ripple effect, and agent-based models. Possible future directions are set in the context of a selection of recent papers that have appeared in Urban Studies. Nevertheless, there are still important gaps in the literature that merit further attention, arising at least partly from emerging policy problems. These include more research on housing and biodiversity, the relationship between housing and civil unrest, the effects of changing age distributions – notably housing for the elderly – and the impact of different international institutional structures. Methodologically, developments in Big Data provide an exciting framework for future work.
AbstractList This introduction to the virtual special issue surveys the development of spatial housing economics from its roots in neoclassical theory, through more recent developments in social interactions modelling, and touching on the role of institutions, path dependence and economic history. The survey also points to some of the more promising future directions for the subject that are beginning to appear in the literature. The survey covers elements of hedonic models, spatial econometrics, neighbourhood models, housing market areas, housing supply, models of segregation, migration, housing tenure, subnational house price modelling including the so-called ripple effect, and agent-based models. Possible future directions are set in the context of a selection of recent papers that have appeared in Urban Studies. Nevertheless, there are still important gaps in the literature that merit further attention, arising at least partly from emerging policy problems. These include more research on housing and biodiversity, the relationship between housing and civil unrest, the effects of changing age distributions – notably housing for the elderly – and the impact of different international institutional structures. Methodologically, developments in Big Data provide an exciting framework for future work.
This introduction to the virtual special issue surveys the development of spatial housing economics from its roots in neoclassical theory, through more recent developments in social interactions modelling, and touching on the role of institutions, path dependence and economic history. The survey also points to some of the more promising future directions for the subject that are beginning to appear in the literature. The survey covers elements of hedonic models, spatial econometrics, neighbourhood models, housing market areas, housing supply, models of segregation, migration, housing tenure, subnational house price modelling including the so-called ripple effect, and agent-based models. Possible future directions are set in the context of a selection of recent papers that have appeared in Urban Studies . Nevertheless, there are still important gaps in the literature that merit further attention, arising at least partly from emerging policy problems. These include more research on housing and biodiversity, the relationship between housing and civil unrest, the effects of changing age distributions - notably housing for the elderly - and the impact of different international institutional structures. Methodologically, developments in Big Data provide an exciting framework for future work. Reprinted by permission of Sage Publications
Author Meen, Geoffrey
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  surname: Meen
  fullname: Meen, Geoffrey
  organization: Department of Economics, School of Politics, Economics & International Relations, University of Reading, Whiteknights, PO Box 219, Reading RG6 6AA, UK
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Snippet This introduction to the virtual special issue surveys the development of spatial housing economics from its roots in neoclassical theory, through more recent...
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StartPage 1987
SubjectTerms Biodiversity
Data analysis
Data management
Dependence
Dependency theory
Econometrics
Economic development
Economic history
Economics
Geriatrics
Housing
Housing market
Housing surveys
Migration
Modelling
Neighborhoods
Older people
Path dependence
Polls & surveys
Prices
Residential segregation
Segregation
Social behavior
Social factors
Social interactions
Social problems
Social unrest
Spatial analysis
Spatial discrimination
Tenure
Urban areas
Urban studies
Virtual special issue editorial essay
Subtitle A survey
Title Spatial housing economics
URI https://www.jstor.org/stable/26151179
https://journals.sagepub.com/doi/full/10.1177/0042098016642962
https://www.proquest.com/docview/1837057971
https://www.proquest.com/docview/1808727596
https://www.proquest.com/docview/1847483064
Volume 53
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