The impact of senior house developments on surrounding residential property values

Kurvinen, Antti; Tyvimaa, Tanja

doi:10.1108/pm-11-2015-0059

Cited by 7 publications

(4 citation statements)

References 52 publications

(49 reference statements)

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“…In Finland, such independent living communities comprise rental properties built especially for older people with functional limitations and are usually owned by national housing providers, non-profit corporations or foundations. Rents are market driven and vary with location, amenities (such as gym, cafe or swimming pool) and services provided [ 5 ]. The residents pay for rent and services.…”

Section: Introductionmentioning

confidence: 99%

Mental Well-Being of Older People in Finland during the First Year in Senior Housing and Its Association with Physical Performance

Lotvonen

Kyngäs

Koistinen

et al. 2018

IJERPH

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Growing numbers of older people relocate to senior housing, when their physical or mental performance declines. The relocation is known to be one of the most stressful events in the life of older people and affect their mental and physical well-being. More information about the relationships between mental and physical parameters is required. We examined self-reported mental well-being of 81 older people (aged 59–93, living in northern Finland), and changes in it 3 and 12 months after relocation to senior housing. The first measurement was 3 months and the second measurement 12 months after relocation. Most participants were female (70%). Their physical performance was also measured, and associations between these two were analyzed. After 12 months, mental capability was very good or quite good in 38% of participants, however 22% of participants felt depressive symptoms daily or weekly. Moreover, 39% of participants reported daily or weekly loneliness. After 12 months participants reported a significant increase in forgetting appointments, losing items and difficulties in learn new things. They felt that opportunities to make decisions concerning their own life significantly decreased. Furthermore, their instrumental activities of daily living (IADL), dominant hand’s grip strength and walking speed decreased significantly. Opportunities to make decisions concerning their life, feeling safe, loneliness, sleeping problems, negative thoughts as well as fear of falling or having an accident outdoors were associated with these physical parameters. In addition to assessing physical performance and regular exercise, the various components of mental well-being and their interactions with physical performance should be considered during adjustment to senior housing.

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Section: Introductionmentioning

confidence: 99%

Mental Well-Being of Older People in Finland during the First Year in Senior Housing and Its Association with Physical Performance

Lotvonen

Kyngäs

Koistinen

et al. 2018

IJERPH

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“…En Nouvelle-Zélande et en Afrique du Sud, les résultats proposent essentiellement une relation négative alors qu'une étude finlandaise trouve une relation positive (Du Preez and Sale, 2012, Mnisi and Karam, 2020, Sequeira and Filippova, 2021, Kurvinen and Tyvimaa, 2016.…”

Section: Des Impacts Tantôt Positifs Tantôt Négatifsunclassified

Les propriétaires de maisons ont-ils raison de craindre l’arrivée de logements sociaux dans leur quartier ?

Dubé¹,

Rosiers²,

Devaux³

2023

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La hausse des loyers, les reconversions résidentielles et les rénovictions placent une frange de la population urbaine dans des conditions de précarité extrême. Une façon de venir en aide aux ménages à faibles revenus est l’accès à des logements sociaux. Or, le logement social n’a pas toujours bonne presse même si la plupart des gens s’y disent ouverts et favorables. C’est le phénomène du « pas dans ma cour ». Plusieurs associent la présence de logements sociaux à un changement du profil socio-économique de leur quartier et sont convaincus que cela diminuera la valeur de leur résidence. Mais qu’en disent les données probantes ? En prenant la ville de Québec comme étude de cas, les auteurs concluent qu’il n’existe pas de réponse simple et unique.

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“…Many studies discussed the construction of the housing price index and its implications for property management (Tse and Love, 2000; Roubi and Ghazaly, 2007; Benefield, 2009; Shimizu, 2014; Kurvinen and Tyvimaa, 2016; Kieti and Ogolla, 2021). Zhang and Yi (2017) constructed a quantile housing price index with a data set of newly built residential housing units in Beijing from 2013 to 2015.…”

Section: Literature Reviewmentioning

confidence: 99%

Constructing segmented rental housing indices: evidence from Beijing, China

Song

Wilhelmsson

Yang

2022

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PurposeThis paper aims to construct rental housing indices and identify market segmentation for more effective property-management strategies.Design/methodology/approachThe hedonic model was employed to construct the rental indices. Using the k-means++ and REDCAP (Regionalisation with Dynamically Constrained Agglomerative Clustering and Partitioning) approaches, the authors conducted clustering analysis and identified different market segmentation. The empirical study relied on the database of 80,212 actual rental transactions in Beijing, China, spanning 2016–2018.FindingsRental housing market segmentation may distribute across administrative boundaries. Properly segmented indices could provide a better account for the heterogeneity and spatial continuity of rental housing and as well be crucial for effective property management.Research limitations/implicationsResidential rent might not only vary over space but also interplays with housing price. It would be worth studying how the rental market functions together with the owner-occupied sector in the future.Practical implicationsResidential rental indices are of great importance for policymakers to be able to evaluate housing policies and for property managers to implement competitive strategies in the rental market. Their constructions largely depend on the analysis of market segmentation, a trade-off between housing spatial heterogeneity and continuity.Originality/valueThis paper fills the gap in knowledge concerning segmented rental indices construction, particularly in China. The spatial constrained clustering approach (REDCAP) was also initially introduced to identify regionalised market segmentation due to its superior performance.

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The impact of senior house developments on surrounding residential property values

Cited by 7 publications

References 52 publications

Mental Well-Being of Older People in Finland during the First Year in Senior Housing and Its Association with Physical Performance

Mental Well-Being of Older People in Finland during the First Year in Senior Housing and Its Association with Physical Performance

Les propriétaires de maisons ont-ils raison de craindre l’arrivée de logements sociaux dans leur quartier ?

Constructing segmented rental housing indices: evidence from Beijing, China

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