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A special issue of Buildings (ISSN 2075-5309). This special issue belongs to the section "Architectural Design, Urban Science, and Real Estate".

Deadline for manuscript submissions: 10 July 2023 | Viewed by 4724

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Special Issue Editors

Prof. Dr. Yang Wang

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Guest Editor

Faculty of Geography, Yunnan Normal University, Kunming 650500, China
Interests: real estate; housing market; urban planning; livable environment

Prof. Dr. Wangbao Liu

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Guest Editor

Department of Geography, South China Normal University, Guangzhou 510631, China
Interests: built environment and spatial behavior; residential differentiation; social space

Prof. Dr. Pingjun Sun
E-Mail Website
Guest Editor

College of Geographical Sciences, Southwest University, Chongqing 400715, China
Interests: urban planning; shrinking cities

Special Issue Information

Dear Colleagues,

This Special Issue reports on emerging trends in real estate economics and urban livability research. This will help to address the pressing challenges presented by megacities and livability issues. It is a well-known fact that major global megacities suffer from reduced livability due to high housing costs, housing inequality, and residential land scarcity. In contrast, some small and medium-sized cities are experiencing urban shrinkage due to migration, housing vacancy, and depressed real estate markets. Therefore, promoting healthy and sustainable real estate market development is required to improve urban livability.

This new Special Issue, hosted by the scientific journal Buildings, aims to garner excellent contributions and high-impact articles examining academic topics of urban construction and living space from the perspective of real estate economics and livability.

Prof. Dr. Yang Wang
Prof. Dr. Wangbao Liu
Prof. Dr. Pingjun Sun
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Buildings is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2000 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

real estate development
residential space structure
housing vacancy
shrinking cities
residential mobility
gentrification
built environment
livable city
residential location
urban planning
urban renewal

Published Papers (5 papers)

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Research

Open AccessArticle

Investigating the Synergistic Evolution Mechanism of Multi-Scale Cities: A Case Study of Three Urban Agglomerations in Eastern China

Xunwei Lv

and

Xufang Mu

Buildings 2023, 13(5), 1197; https://doi.org/10.3390/buildings13051197 - 30 Apr 2023

Viewed by 664

Abstract

Urban growth has evolved from cities to metropolitan areas and urban agglomerations, exhibiting a multi-scale pattern. Urban scaling law can reflect the nonlinear relationship between urban indicators and population size, which is very important for urban planning through analyzing the evolution of urban system characteristics. However, existing studies mainly focused on scalar law within countries, neglecting the multi-scale synergistic evolution of complex urban systems. The purpose of this study is to investigate the scalar relationship between urban indicators and population size at multiple scales from the perspective of individual cities, metropolitan areas, and urban agglomerations, using data from 45 cities in three urban agglomerations in eastern China. Based on the urban scaling law, local spatial autocorrelation model is used to analyze and explore the collaborative evolution of multiple scales. Results show that from the perspective of time evolution, the three urban agglomerations exhibit greater scaling effects than metropolitan areas, with a scaling exponent (β) greater than 1 for urban indicators including economy, land, infrastructure, ecological pressure, and innovation. From the perspective of spatial differences, the spatial development gap between the metropolitan area scale and the urban agglomeration scale is relatively small compared with the city scale. In addition, the Beijing–Tianjin–Hebei urban agglomeration (BTH) mainly displays the synergistic development of the dual-core structure of Beijing and Tianjin. The Yangtze River Delta (YRD) exhibits significant disparities between its cities, resulting in a low degree of overall synergy. In contrast, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) leads in terms of synergistic evolution. This study is crucial to help understand the development of urban systems at different scales and to support regional planning and the achievement of coordinated development. Full article

(This article belongs to the Special Issue Trends in Real Estate Economics and Livability)

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Open AccessFeature PaperArticle

Spatial–Temporal Differentiation of Housing Burden of Urban Floating Population and Migration in China

Jiekai Wang

Yanhua Luo

and

Weixuan Song

Buildings 2023, 13(4), 1043; https://doi.org/10.3390/buildings13041043 - 16 Apr 2023

Viewed by 497

Abstract

Housing costs, including rent, have become a significant economic burden for millions of floating population families in urban China, affecting their living standards and influencing migration decision-making. Using data from the China Migrants Dynamic Survey (CMDS) in 2012 and 2017, this study analyzes the spatial patterns of rent, family income, and the rent-to-income ratio among different regions, cities, and groups. Results show that rent and the rent-to-income ratio have an inverse correlation with the regional economy, with lower ratios observed in eastern coastal areas compared to the central and western regions, especially the northeast. High-level cities record higher incomes, higher rents, and higher rent-to-income ratios, and groups with higher educational levels and occupational characteristics exhibit higher affordability. Rent plays a role in the flow and changes of the floating population, and the housing burden has become a key constraint for long-term residence or migration. Developed provinces and municipalities in the eastern region and high-level cities remain major destinations for migrants, but rising house prices impede permanent settlement through commercial house purchases. The government should consider migrants’ demands for housing and increase the supply of subsidized housing, such as public rental housing, for the floating population. Full article

(This article belongs to the Special Issue Trends in Real Estate Economics and Livability)

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Open AccessArticle

Preferences of Young Polish Renters: Findings from the Mediation Analysis

Janusz Sobieraj

Marek Bryx

and

Dominik Metelski

Buildings 2023, 13(4), 920; https://doi.org/10.3390/buildings13040920 - 30 Mar 2023

Viewed by 943

Abstract

The worsening housing problems of young adults in many countries have become a worldwide problem. Researchers point to a number of factors that influence young people’s decisions to own or rent their own apartments or houses. The term generation of renters or the lost generation has appeared in the literature in relation to the young adult generation. This article offers insights into the housing preferences of young adults aged 18 to 45 in Poland, with a particular focus on the renter cohort. Conclusions are drawn about whether young adults who are already renting prefer to buy an apartment or house rather than maintain their status quo, and what determines their decisions in this regard. The study identifies a number of socioeconomic factors that influence the housing decisions of young renters in Poland. It addresses some of the problems and challenges of today’s housing market and, in particular, examines what leads young Polish renters to switch from renting to buying their first home or, alternatively, to live in a rented apartment for years (thus showing indifference to homeownership). Some of the reasons for the change in attitude toward this issue are highlighted. The study is quantitative in nature, relying on an online survey and a mediation analysis that is particularly well suited to explaining the relationship between many different variables. Of the eight hypotheses tested in the study (using mediation analysis), only three could be proven, namely that the amount of rent payments and other costs for economic reasons influences the willingness to buy an apartment or a house, and also that the length of the rental period has a negative influence on the willingness to buy a house. Finally, the mediation model provides evidence that the higher a young renter’s tolerance threshold for mortgage interest compared to “rent payments”, the more inclined they are to buy an apartment or house. The study suggests that the housing finance subsystem has some shortcomings as far as financing young people is concerned. Strategically, there are two complementary solutions that could be implemented: (1) a long-term home savings plan or program and (2) innovative housing loan options tailored to the financial situation of young people. Full article

(This article belongs to the Special Issue Trends in Real Estate Economics and Livability)

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Open AccessArticle

Consensus-Based Measures for Improvement of Off-Plan Sales Program of Housing Units in Real Estate Market of Riyadh City

Wadee Ahmed Ghanem Al-Gehlani

Adel Saleh Bouregh

Naief A. Aldossary

and

Saleh H. Alyami

Buildings 2023, 13(4), 895; https://doi.org/10.3390/buildings13040895 - 28 Mar 2023

Viewed by 760

Abstract

This study aims to review the off-plan sales program to identify the financial and marketing challenges being faced by such programs in Saudi Arabia and formulate consensus-based measures to overcome these challenges. The study implies an analytical descriptive method to achieve its objectives, based on the opinion of experts involved in the off-plan sales program and analyzing the data using the Delphi technique. Various statistical parameters were calculated to validate the obtained results. The study found several challenges being faced by off-plan sales programs, including financing challenges such as mortgaging on the land deed, as well as marketing challenges, including low turnout of the buyers due to the long duration of project implementation. The study concludes with several suggested measures, the most important of which is to find an alternative to the condition of mortgaging the land deed, such as putting insurance on the project or providing a financial bank guarantee. The study contributes to the improvement of the real estate sector of Saudi Arabia and would benefit the construction and development sectors as well. Full article

(This article belongs to the Special Issue Trends in Real Estate Economics and Livability)

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Open AccessArticle

Forecasting Offline Retail Sales in the COVID-19 Pandemic Period: A Case Study of a Complex Shopping Mall in South Korea

Hee-Jeong Kim

Ju-Hyung Kim

and

Jin-bin Im

Buildings 2023, 13(3), 627; https://doi.org/10.3390/buildings13030627 - 27 Feb 2023

Cited by 1 | Viewed by 901

Abstract

This study examines the case of a shopping mall in Seoul, South Korea, based on its offline retail sales data during the period of the enforcement of the COVID-19 pandemic social distancing policy. South Korea implemented strict social distancing, especially in retail categories where people eat out, due to the danger of spreading infectious disease. A total of 55 retail shops’ sales data were analyzed and classified into five categories: fashion, food and beverage (f&b), entertainment, cosmetics and sport. Autoregressive integrated moving average (ARIMA) and exponential smoothing (ETS) models were employed, and the autocorrelation (ACF) and partial autocorrelation (PACF) of each retail category’s sales data were analyzed. The mean absolute percentage error (MAPE) was used to determine the most suitable forecasting model for each retail category. In this way, the f&b and entertainment retail categories, in which people eat out, were found to have been significantly impacted, with their 2022 sales forecasted to be less than 80% of their 2018 and 2019 sales. The fashion retail category was also significantly impacted, slowly recovering sales in 2022. The cosmetics and sport retail categories were little impacted by the COVID-19 outbreak, with their retail sales having already recovered by 2022. Full article

(This article belongs to the Special Issue Trends in Real Estate Economics and Livability)

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