英文文献:Attribute Based Hedonic Price Model On The Impact Of Mixed Income Housing On House Price: The Case Of Cosmo City In Johannesburg-基于属性的Hedonic价格模型研究混合收入住宅对房价的影响:以约翰内斯堡Cosmo市为例
英文文献作者:Prisca Simbanegavi,Kola Ijasan
英文文献摘要:
RESEARCH PROBLEM: While the intended goals of Mixed Income Housing (MIH) are unquestionable as a means of deconcentrating poverty, encourage social and racial integration there is still persistence of NIMBY-ism due to the purported house-price lowering effects. The problem is that the negativeperceptions that often lead to resistance of MIH are largely based on heuristic judgments, with no solid evidence of the purported negative impacts in the case of South Africa. Compared to the developed world, the nature of research in South Africa has largely been descriptive and desktop analysis hence guidelines on MIH is to the bare minimum.METHODOLOGY: An explorative hedonic model was used to analyse the price elasticities associated with house price determinant variables of the Randburg area that received Cosmo City MIH.FINDING: There is an overall negative impact on house prices across six out of seven suburbs close to Cosmo City. This confirms the hypothesis that a typical MIH in South Africa is not viewed favourably despite all its highlighted benefits for residential markets.CONTRIBUTION: This study is part of a broader on going PhD research study at the University of the Witwatersrand in South Africa. It provides an empirical insight on how market perceived Inclusionary Housing (IHP) in a South African market. Upgrading infrastructure, amenities and security are some of the policy implications that could reverse the impact of such models in the future.
研究问题:尽管混合收入住房(MIH)的预期目标是毫无疑问的,作为一种分散贫困的手段,鼓励社会和种族融合,但由于所谓的房价降低效应,邻避主义仍然存在。问题在于,往往导致MIH受到抵制的负面看法主要是基于启发式判断,没有确凿证据证明所谓的南非的负面影响。与发达国家相比,南非研究的性质主要是描述性和桌面分析,因此MIH的指导原则是最低限度的。方法:一个探索性的享乐模型被用来分析与接受Cosmo城市MIH的Randburg地区的房价决定变量相关的价格弹性。发现:在靠近Cosmo城的7个郊区中,有6个的房价总体上受到了负面影响。这证实了一种假设,即南非典型的MIH并不被看好,尽管它对住宅市场的所有好处都得到了强调。贡献:这项研究是在南非威特沃特斯兰德大学进行的更广泛的博士研究的一部分。它提供了南非市场如何感知包容性住房(IHP)的经验见解。改善基础设施、便利设施和安全是未来可能扭转此类模式影响的一些政策含义。