Matches in SemOpenAlex for { <https://semopenalex.org/work/W4383163105> ?p ?o ?g. }
Showing items 1 to 93 of
93
with 100 items per page.
- W4383163105 endingPage "104450" @default.
- W4383163105 startingPage "104450" @default.
- W4383163105 abstract "This paper investigates new new-built premium in urban redevelopments. Constructing new homes on urban redevelopment sites entails additional investments in reshaped lay-out, refurbished infrastructure, and upgraded outdoor areas. These improvements are expected to yield new-build premiums when the new units are put on the market, with ‘premium’ defined as the extra price that a developer asks for, compared to similar units in the second-hand market, in nearby locations. Do urban redevelopment schemes create extra new-build premiums? Does the organisation of redevelopments affect the size of the premium and who harvests it? In focus here are redevelopment schemes in Oslo, Norway, 2002–2015. It distinguishes between four types of developments: greyfield, brownfield and two kinds of infill. This distinction is applied to compare new-build premiums in various redevelopments. As the value-added from upgraded redevelopment may spill over to adjacent neighbourhoods, we also analyse whether such neighbourhoods experience hikes in house-prices. Our dataset consists of sales transactions from approx. 90,000 second-hand house sales and 19,000 new house sales. The premium for new-builds in relation to second-hand sales varies significantly among the types of development. Units in small infill developments entail significantly higher new-built premiums than units in large brownfield- or greyfield redevelopments. Moreover, some schemes show a negative new-build premium. Examination of existing houses nearby shows a hike in prices in the time-span in question. We conclude that the new-build premium is low, and that developers fail to harvest full new-build premiums in urban redevelopment schemes. In interpreting our findings, we revisit ‘rent-gap theory’ and its emphasis on attracting investment to rundown central areas. Concurrence in scale, design and time helps to explain the differences across types of redevelopments, and why what might be expected to be new-build premiums instead raise prices in existing neighbouring areas." @default.
- W4383163105 created "2023-07-05" @default.
- W4383163105 creator A5072032769 @default.
- W4383163105 creator A5082256368 @default.
- W4383163105 date "2023-10-01" @default.
- W4383163105 modified "2023-09-27" @default.
- W4383163105 title "Reaping the premium in urban redevelopment" @default.
- W4383163105 cites W1498914861 @default.
- W4383163105 cites W1546395210 @default.
- W4383163105 cites W1992165971 @default.
- W4383163105 cites W2002150677 @default.
- W4383163105 cites W2003741023 @default.
- W4383163105 cites W2009086948 @default.
- W4383163105 cites W2014921545 @default.
- W4383163105 cites W2019809593 @default.
- W4383163105 cites W2040176061 @default.
- W4383163105 cites W2051640215 @default.
- W4383163105 cites W2051688880 @default.
- W4383163105 cites W2056087922 @default.
- W4383163105 cites W2067141068 @default.
- W4383163105 cites W2077019299 @default.
- W4383163105 cites W2079454276 @default.
- W4383163105 cites W2087863913 @default.
- W4383163105 cites W2091400955 @default.
- W4383163105 cites W2122351140 @default.
- W4383163105 cites W2122980343 @default.
- W4383163105 cites W2159028513 @default.
- W4383163105 cites W2163861312 @default.
- W4383163105 cites W2204124699 @default.
- W4383163105 cites W2485759345 @default.
- W4383163105 cites W2747947007 @default.
- W4383163105 cites W2765819955 @default.
- W4383163105 cites W2791704999 @default.
- W4383163105 cites W2944835304 @default.
- W4383163105 cites W3125060426 @default.
- W4383163105 cites W3176218344 @default.
- W4383163105 doi "https://doi.org/10.1016/j.cities.2023.104450" @default.
- W4383163105 hasPublicationYear "2023" @default.
- W4383163105 type Work @default.
- W4383163105 citedByCount "0" @default.
- W4383163105 crossrefType "journal-article" @default.
- W4383163105 hasAuthorship W4383163105A5072032769 @default.
- W4383163105 hasAuthorship W4383163105A5082256368 @default.
- W4383163105 hasConcept C127413603 @default.
- W4383163105 hasConcept C134121241 @default.
- W4383163105 hasConcept C144133560 @default.
- W4383163105 hasConcept C147176958 @default.
- W4383163105 hasConcept C149782125 @default.
- W4383163105 hasConcept C162324750 @default.
- W4383163105 hasConcept C175444787 @default.
- W4383163105 hasConcept C191897082 @default.
- W4383163105 hasConcept C192562407 @default.
- W4383163105 hasConcept C2776757670 @default.
- W4383163105 hasConcept C2777364431 @default.
- W4383163105 hasConcept C2778268174 @default.
- W4383163105 hasConcept C2780155792 @default.
- W4383163105 hasConcept C2781219549 @default.
- W4383163105 hasConcept C2994591601 @default.
- W4383163105 hasConceptScore W4383163105C127413603 @default.
- W4383163105 hasConceptScore W4383163105C134121241 @default.
- W4383163105 hasConceptScore W4383163105C144133560 @default.
- W4383163105 hasConceptScore W4383163105C147176958 @default.
- W4383163105 hasConceptScore W4383163105C149782125 @default.
- W4383163105 hasConceptScore W4383163105C162324750 @default.
- W4383163105 hasConceptScore W4383163105C175444787 @default.
- W4383163105 hasConceptScore W4383163105C191897082 @default.
- W4383163105 hasConceptScore W4383163105C192562407 @default.
- W4383163105 hasConceptScore W4383163105C2776757670 @default.
- W4383163105 hasConceptScore W4383163105C2777364431 @default.
- W4383163105 hasConceptScore W4383163105C2778268174 @default.
- W4383163105 hasConceptScore W4383163105C2780155792 @default.
- W4383163105 hasConceptScore W4383163105C2781219549 @default.
- W4383163105 hasConceptScore W4383163105C2994591601 @default.
- W4383163105 hasFunder F4320323299 @default.
- W4383163105 hasLocation W43831631051 @default.
- W4383163105 hasOpenAccess W4383163105 @default.
- W4383163105 hasPrimaryLocation W43831631051 @default.
- W4383163105 hasRelatedWork W2109146348 @default.
- W4383163105 hasRelatedWork W2269999388 @default.
- W4383163105 hasRelatedWork W2993064422 @default.
- W4383163105 hasRelatedWork W3214121905 @default.
- W4383163105 hasRelatedWork W3215765733 @default.
- W4383163105 hasRelatedWork W4244091204 @default.
- W4383163105 hasRelatedWork W4254919748 @default.
- W4383163105 hasRelatedWork W4383163105 @default.
- W4383163105 hasRelatedWork W4386823861 @default.
- W4383163105 hasRelatedWork W4386823863 @default.
- W4383163105 hasVolume "141" @default.
- W4383163105 isParatext "false" @default.
- W4383163105 isRetracted "false" @default.
- W4383163105 workType "article" @default.