Shrinking metropolitan area: Costly homeownership and slow spatial shrinkage (Record no. 11394)
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fixed length control field | 01445nab a2200241 4500 |
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control field | 20210226140719.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 210226b ||||| |||| 00| 0 eng d |
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/> |
650 ## - Subject | |
Subject | housing |
650 ## - Subject | |
Subject | land use |
650 ## - Subject | |
Subject | population decline |
650 ## - Subject | |
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 |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | https://doi.org/10.1177/0042098017743709 |
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Koha item type | Articles |
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-- | ddc |
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