What is the effect of location on rental housing prices in Athens?
Metadatos
Mostrar el registro completo del ítemAutor
Chica Olmo, Jorge M.; Cano Guervos, Rafael A.; Moschovaki, María Despoina; Tamaris Turizo, IvánEditorial
Fundaçao Escola de Comercio Alvares Penteado
Materia
Rental housing prices Geostatistics Isovalue map Effects of location Athens
Fecha
2021-09-22Referencia bibliográfica
Chica-Olmo, J... [et al.] (2021). What is the effect of location on rental housing prices in Athens?. Review of Business Management, 23(3). [https://doi.org/10.7819/rbgn.v23i3.4114]
Resumen
Purpose – The aim of this study is to quantify the effect of location on rental
housing prices in the city of Athens.
Theoretical framework – The right to adequate housing is a fundamental human
right defended by democratic societies. Therefore, it is of interest to examine
housing tenures for both owned and rented accommodation.
Design/methodology/approach – Geostatistical methods (regression-kriging)
were used to obtain the results, which are represented on an isovalue map of
rental housing prices displaying the minor and major effects of location by zone.
Findings – This study highlights the impact of location on rental housing prices
by showing how the rent of a standard dwelling in the city of Athens varies
depending on its location.
Research Practical & Social implications – The main social implications of
this work is it helps investors determine where to direct investments and it assists
public authorities in deciding where to focus urban management policies, in order
to control the undesirable effects of an excessive rise in rents caused by tourism.
Originality/value – The main originality of this paper lies in its isovalue map
of rental housing prices for standard dwellings, which can also be interpreted as
a locational isovalue map.