Housing markets with endogenous search: Theory and implications

Williams, Joseph

doi:10.1016/j.jue.2017.12.001

Cited by 11 publications

(6 citation statements)

References 28 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…For instance, Albrecht et al. (2016), Turnbull and Sirmans (1993) and Williams (2018) focus on links between information, search, sales/purchase and house prices. Other studies (such as Blowers et al.…”

Section: Literature Reviewmentioning

confidence: 99%

What property attributes are important to UK university students in their online accommodation search?

Oladiran

Sunmoni

Ajayi

et al. 2022

JERER

View full text Add to dashboard Cite

PurposeThis paper examines the categories of property attributes that are important to UK university students in their online accommodation search. It also analyses the volume of information displayed regarding the property attributes and explores the influence of some of the information provided on the attractiveness and by extension, the booking potential of the property.Design/methodology/approachThe authors use data from an online student accommodation listing platform – student.com – which contain tangible and non-tangible property attributes, and the data are analysed using a hedonic regression model.FindingsThe results show that purpose-built student accommodation's (PBSA) tangible and intangible attributes are important to students in their online accommodation search, although, these attributes vary in impact. The study also reveals that failure to display key information of a PBSA may reduce the attractiveness of the property.Originality/valueThe empirical evidence on student accommodation ex ante preferences and choices is limited, particularly as it relates to online accommodation search in a UK context. The authors' approach to identify the application of the search theory to the student accommodation search process is particularly unique.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

What property attributes are important to UK university students in their online accommodation search?

Oladiran

Sunmoni

Ajayi

et al. 2022

JERER

View full text Add to dashboard Cite

show abstract

“…The search theory has also been extended to housing economics with insight on the search and selection of different segments of the housing market, albeit a significant proportion seems to be directed at the sales market. For instance, Albrecht et al (2016), Turnbull and Sirmans (1993) and Williams (2018) focus on links between information, search, sales/purchase and house prices. Other studies (such as Blowers et al, 2014;Kim, 1992;Read, 1993Read, , 1997 have also shown that the lack of information in the rental segment of the market may be costly, particularly for potential tenants.…”

Section: Information and Search Processmentioning

confidence: 99%

What Property Attributes are important to UK University Students in their Online Accommodation Search?

Ajayi¹,

Oladiran²,

Sunmoni³

2021

The Future of the African Real Estate Sector: What Next? The 20th Annual AfRES Conference

View full text Add to dashboard Cite

Purpose: This paper analyses the relationship between the potential demand for purpose-built student accommodation (PBSA) properties and their online displayed attributes. Using data from 12 major UK cities, we analyse the effect of the online displayed property information on the popularity score of a PBSA. Design/Methodology:The data used is from an online student accommodation listing platform -student.com which contains tangible and non-tangible property attributes, and the data is analysed using a hedonic regression model. Findings:The results show that PBSAs' tangible and non-tangible attributes are important to students in their online accommodation search, although, these attributes vary in impact. The study also reveals that failure to display key information of a PBSA may reduce the attractiveness of the property. The results suggest that PBSAs' tangible and non-tangible attributes are important to students in their online accommodation search, although, these attributes vary in impact. The study also reveals that failure to display key information of a PBSA may make the property less attractive.Practical implications: These insights are valuable in developing student accommodation investment, development and management strategies.

show abstract

“…The search theory has also been extended to housing economics with insight inot the search and selection of different segments of the housing market, albeit a significant proportion seems to be directed at the sales market. For instance, Albrecht et al (2016), Turnbull and Sirmans (1993) and Williams (2018) focus on links between information, search, sales/purchase and house prices. Other studies (such as Blowers et al, 2014;Kim, 1992;Read, 1993Read, , 1997 have also shown that the lack of information in the rental segment of the market may be costly, particularly for potential tenants.…”

Section: Information Search Process and Selection For High Involvemen...mentioning

confidence: 99%

What Property Attributes are Important to UK University Students in their Online Accommodation Search?

Oladiran¹,

Sunmoni²,

Ajayi³

2021

28th Annual European Real Estate Society Conference

View full text Add to dashboard Cite

show abstract

Housing markets with endogenous search: Theory and implications

Cited by 11 publications

References 28 publications

What property attributes are important to UK university students in their online accommodation search?

What property attributes are important to UK university students in their online accommodation search?

What Property Attributes are important to UK University Students in their Online Accommodation Search?

What Property Attributes are Important to UK University Students in their Online Accommodation Search?

Contact Info

Product

Resources

About