Le, T.P., Comber, A. orcid.org/0000-0002-3652-7846, Tran, B.Q. et al. (5 more authors) (2023) Status Poles and Status Zoning to Model Residential Land Prices: Status-Quality Trade off Theory (Short Paper). In: Proceedings of 12th International Conference on Geographic Information Science (GIScience 2023). 12th International Conference on Geographic Information Science (GIScience 2023), 12-15 Sep 2023, Leeds, UK. Leibniz International Proceedings in Informatics (LIPIcs), 277 . Schloss Dagstuhl – Leibniz-Zentrum für Informatik , 46:1-46:6. ISBN 9783959772884
Abstract
This study describes an approach for augmenting urban residential preference and hedonic house price models by incorporating Status-Quality Trade Off theory (SQTO). SQTO seeks explain the dynamic of urban structure using a multipolar, in which the location and strength of poles is driven by notions of residential status and dwelling quality. This paper presents in outline an approach for identifying status poles and for quantifying their effect on land and residential property prices. The results show how the incorporation of SQTO results in an enhanced understanding of variations in land / property process with increased spatial nuance. A number of future research areas are identified related to the status pole weights and the development of status pole index.
Metadata
Item Type: | Proceedings Paper |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © Thuy Phuong Le, Alexis Comber, Binh Quoc Tran, Phe Huu Hoang, Huy Quang Man, Linh Xuan Nguyen, Tuan Le Pham, and Tu Ngoc Bui. This is an open access conference paper under the terms of the Creative Commons Attribution License (CC-BY 4.0), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited. |
Keywords: | spatial theory, house prices |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > School of Geography (Leeds) > Centre for Spatial Analysis & Policy (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 29 Apr 2024 10:46 |
Last Modified: | 29 Apr 2024 10:46 |
Status: | Published |
Publisher: | Schloss Dagstuhl – Leibniz-Zentrum für Informatik |
Series Name: | Leibniz International Proceedings in Informatics (LIPIcs) |
Identification Number: | 10.4230/LIPIcs.GIScience.2023.46 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:211988 |