2014
DOI: 10.1108/ijhma-07-2013-0045
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Homebuyers and the representation of spatial markets by information providers

Abstract: Is the dominant housing search method in the UK influencing market boundaries? The relative importance of different information sources in homebuyer's search behaviour has changed over the last two decades. Today, there is a greater reliance upon Internet based property search engines as an information source. Yet, information sources offer varied services and portray different representations of spatial housing markets. Therefore, homebuyers access to information about housing opportunities and markets has ch… Show more

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Cited by 13 publications
(8 citation statements)
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“…To elaborate, it is acknowledged that buy-to-let investors are merely interested in the rental income and perhaps less emotional about the location of the property (Wallace, 2008). As for gathering information on the housing market, the availability of open data sources (such as UK Land Registry data) and social networks allows potential property buyers to build up their knowledge of specific neighbourhoods (Dunning and Grayson, 2014). However, although estate agents tend to be local housing experts 'in a position to frame the housing choices of the household by selectively revealing information and opportunities about the area and type of property requested by the household' (Dunning and Grayson, 2014: 300), our data suggests that the agents in Hong Kong who sell UK properties often have no particular knowledge of the neighbourhoods.…”
Section: Second Wave: 'Frying London Wave' (Buyto-fry)mentioning
confidence: 99%
“…To elaborate, it is acknowledged that buy-to-let investors are merely interested in the rental income and perhaps less emotional about the location of the property (Wallace, 2008). As for gathering information on the housing market, the availability of open data sources (such as UK Land Registry data) and social networks allows potential property buyers to build up their knowledge of specific neighbourhoods (Dunning and Grayson, 2014). However, although estate agents tend to be local housing experts 'in a position to frame the housing choices of the household by selectively revealing information and opportunities about the area and type of property requested by the household' (Dunning and Grayson, 2014: 300), our data suggests that the agents in Hong Kong who sell UK properties often have no particular knowledge of the neighbourhoods.…”
Section: Second Wave: 'Frying London Wave' (Buyto-fry)mentioning
confidence: 99%
“…Of course, there are risks involved with the use of the real estate websites due to Fair Housing laws and potential bias (Bischoff & Reardon, 2013) and real estate agents have strict guidelines about not discussing demographics. Yet as research has shown, many variables go into a housing decision (Bayoh, Irwin, & Haab, 2006;Dunning & Grayson, 2014). The Harvard Joint Center for Housing Studies (2017) convened a symposium to discuss how communities can become more inclusive.…”
Section: Discussionmentioning
confidence: 99%
“…The process of finding accommodations can occur via a multitude of channels, such as friends and relatives, newspapers, or real estate agents [10,11]. However, in the course of ubiquitous digitalization, it is often facilitated by dedicated online platforms providing a comprehensive overview of apartments available for rent or sale [11,12].…”
Section: Introductionmentioning
confidence: 99%
“…The process of finding accommodations can occur via a multitude of channels, such as friends and relatives, newspapers, or real estate agents [10,11]. However, in the course of ubiquitous digitalization, it is often facilitated by dedicated online platforms providing a comprehensive overview of apartments available for rent or sale [11,12]. These websites aim to identify and provide well-matching accommodations by allowing the user to narrow down the list of suggested apartments through a search field and a set of filters for characteristics like rent and size.…”
Section: Introductionmentioning
confidence: 99%