Stay or leave the city? Students and rented accommodation during COVID-19 pandemic

Źróbek-Różańska, Alina

doi:10.1016/j.cities.2022.103788

Cited by 8 publications

(2 citation statements)

References 25 publications

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“…The study was conducted in 2022 -a difficult year for the Polish housing market, which had witnessed a marked increase in property investment risk. The COVID-19 pandemic changed the consumers' housing preferences and led to price fluctuations on the rental market (Renigier-Biłozor et al, 2020;Tomal 2021;Tomal & Marona, 2021;Tomal & Helbich, 2022;Źróbek-Różańska, 2022). Poland has opened up to a flood of refugees fleeing the conflict in Ukraine.…”

Section: Introductionmentioning

confidence: 99%

Estimation of the Utility Function of Money and Housing Based on the Cumulative Prospect Theory

Brzezicka,

Tomal

2023

Real Estate Management and Valuation

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This article addresses the issue of the utility of money and the utility of housing with a value equivalent to that amount of money. The literature provides many reports on the shape of the utility function for money, but much less research has been devoted to the utility function for housing. The aim of this study was to estimate the utility function of money and housing according to the cumulative prospect theory (CPT) developed by Tversky and Kahneman (1992). Parameters alpha (α), beta (β), and lambda (λ) were estimated to compare the utility value of money and housing. The most important conclusions of the study are as follows: parameters alpha and beta were greater than 0 and less than 1 for both housing and money. Function v(x) was concave in the gain domain and convex in the loss domain, which is consistent with the CPT. The differences in the lambda parameter denoting loss aversion were not significant, and the value of the utility function was somewhat higher for money than for housing. This study was undertaken to estimate the CPT parameters for housing, which, according to the authors’ best knowledge, has not been investigated to date.

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Section: Introductionmentioning

confidence: 99%

Estimation of the Utility Function of Money and Housing Based on the Cumulative Prospect Theory

Brzezicka,

Tomal

2023

Real Estate Management and Valuation

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“…Compared to the previous literature, research in this field is still insufficient. Existing research mainly focuses on housing problems during the COVID-19 epidemic, which transformed the housing market in a number of ways [21][22][23], and these shifts are often negative [24][25][26]. Some scholars have pointed out that the impact of COVID-19 has increased the systemic financial risk in the housing market [27], and the valuation of the housing market has fallen considerably [28][29][30].…”

Section: Introductionmentioning

confidence: 99%

Transition of Youth’s Housing Issues: A Survey in the Nanjing Metropolitan Coordinating Region, China

Wu,

Zha,

Zhang

et al. 2023

Buildings

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The housing problem of young people is one of the manifestations of the imbalanced and insufficient development of China’s housing market. Solving housing issues for young people and improving their living conditions is of great significance for promoting the sustainable and healthy development of the real estate market. In order to analyze the housing issues of young people in China during the post-pandemic era, this paper investigates young people in the Nanjing Metropolitan Coordinating Region through questionnaires and interviews. The content of the questionnaire survey mainly includes the current housing situation, choice of renting or purchasing a home, expectations of real estate market, and future plans for purchasing a house of young people. The research results indicate that there are problems in the current housing market, such as strong purchasing preferences, imbalanced supply structure in the rental market, limited financial support for purchasing housing, low housing security levels, and small coverage of the housing provident fund. In order to solve the housing problems of young people, government departments should actively promote the formation of a multi-level housing supply structure, accelerate the promotion of the same rights for renting and purchasing, establish a standardized housing rental market, optimize the housing security policy for young people, and expand the coverage of the housing provident fund. The findings of this study have significant policy implications for easing the housing pressure on young people and building a youth-development-oriented city.

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

Mao,

Wang,

2023

J Hous and the Built Environ

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Stay or leave the city? Students and rented accommodation during COVID-19 pandemic

Cited by 8 publications

References 25 publications

Estimation of the Utility Function of Money and Housing Based on the Cumulative Prospect Theory

Estimation of the Utility Function of Money and Housing Based on the Cumulative Prospect Theory

Transition of Youth’s Housing Issues: A Survey in the Nanjing Metropolitan Coordinating Region, China

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

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