Shrinking metropolitan area: Costly homeownership and slow spatial shrinkage (Record no. 11394)

MARC details
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fixed length control field 01445nab a2200241 4500
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control field 20210226140719.0
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Suzuki, Masatomo
245 ## - TITLE STATEMENT
Title Shrinking metropolitan area: Costly homeownership and slow spatial shrinkage
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Sage
Date of publication, distribution, etc 2019
300 ## - PHYSICAL DESCRIPTION
Pages Vol 56, Issue 6, 2019 : (1113-1128 p.)
520 ## - SUMMARY, ETC.
Summary, etc With a simple model of land use and market arbitrage, this paper investigates the impact of population decline – when existing homeowners compete to attract a small number of new residents – on homeownership and land use. We show that, if a strictly positive cost is required for ownership abandonment, selling used houses is impossible in the periphery, while leasing is possible. We also show that only long-life-quality houses, which require a larger initial investment and sustain greater utility for longer than conventional ones, attract new residents to the periphery. Social welfare may decrease, because the government has to maintain the slowly shrinking, less densely inhabited urban area.<br/>
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Subject housing
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Subject land use
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Subject population decline
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Subject housing abandonment
700 ## - Added Entry Personal Name
Added Entry Personal Name Asami, Yasushi
773 0# - HOST ITEM ENTRY
Host Biblionumber 11188
Host Itemnumber 15499
Place, publisher, and date of publication sage, 2019.
Title Urban studies
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Uniform Resource Identifier https://doi.org/10.1177/0042098017743709
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Koha item type Articles
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