Changing economies of scale in housing production as related to supply and demand factors

Download

index.pdf

Date

2015

Author

Nurel, Semin

Metadata

Show full item record

Item Usage Stats

286
views

146
downloads

Studies investigating housing production tendencies in cities report that, due to the increase in car ownership and growing concern for healthy living environment, conventional apartment building, built on single parcels has become inadequate to meet households' housing preferences. As a result, demand for living in housing estates, which provide preferred amenities has increased. There are indications that income elasticity of housing demand has increased, implying that such housing is considered as luxury goods at which willingness to pay is expected to rise with the changing demand. This dissertation is based on the observation that there is an increasing trend in the production of large scale housing estates endowed with prestigious attributes at the outskirts of the cities where land prices are low in Turkey. Thus, the hypotheses of the thesis were defined as house builders can be expected exploiting cost advantages by expanding their scale of housing production; households' increasing willingness to pay for such housing estates is triggered by Veblen and Bandwagon effects and the housing developments endowed with prestigious attributes that require land at the outer regions of the city would have lower floor area ratios. The methods that are used in the empirical analysis of this thesis are hedonic and logistic regression analyses. The results of the empirical studies point out that, households are searching for distinctive living areas endowed with prestigious attributes that are no longer provided in inner cities. Increasing demand for such housing estates results in increase in prices which lead house builders to produce more. Thus, house builders are producing more dwelling units, by managing to raise floor area ratios for their plots, in order to increase their revenue and profit rather than to achieve scale economies.

Subject Keywords

Housing., Housing policy., Housing development., City planning.

URI

http://etd.lib.metu.edu.tr/upload/12618961/index.pdf
https://hdl.handle.net/11511/24812

Collections

Graduate School of Natural and Applied Sciences, Thesis

Suggestions

OpenMETU
Core

Evaluation of temporary housing units with multi-criteria decision making methods Akdede, Nil; Ay, Bekir Özer; Department of Building Science in Architecture (2018) Disasters caused by natural hazards or socio-political crises pose widespread damage or mass migration on built environment resulted with loss of housing. To meet accommodation needs of disaster victims, post disaster temporary accommodation units, including temporary sheltering and temporary housing units, are common solutions not only to bridge the gap until permanent housing are ready to use but also to provide physical and psychological rehabilitation. As post-disaster accommodation units are absolutely...
The dynamics of the differentiation of housing production in metropolitan areas: the case of Eskişehir Aslaner, Arzu; Balaban, Osman; Department of City and Regional Planning (2019) The aim of this study is to determine the factors affecting the housing production processes in Eskişehir and the effects of these processes on the existing urban development dynamics. Similar to the growth trend across the country, there has been a growth in construction investments, especially in new housing production in Eskişehir after 2000. In addition, metropolitan districts, namely Tepebaşı and Odunpazarı, dominate the total new housing production in the city. In this regard, focusing on the period a...
Housing affordability of different income groups in turkey: regional comparison Aksoy, Esma; Özdemir Sarı, Özgül Burcu; Department of City and Regional Planning (2017) Housing affordability has been a major topic of interest both for researchers and policy makers in many countries. However, in the Turkish case, research on housing affordability is scarce. The problem of housing has usually been considered as a quantitative deficiency problem in Turkey, and for many decades any other dimension of the problem is neglected. Increasing the housing stock in numbers has always been given priority by the Turkish governments. This tendency to support new housing production has co...
Residential Relocation and Children's Satisfaction with Mass Housing Severcan, Yücel Can (Middle East Technical University, Faculty of Architecture, 2019-01-01) This article investigates the effects of relocation on children's satisfaction with mass housing built in the context of squatter housing regeneration. The results are based on a survey and group interviews with 137 nine-to-twelve-year-old children living in three mass housing developments in Ankara, Turkey. At the home level, it was found that while there was no significant change in the satisfaction level of children who moved to an outer-city mass housing development, satisfaction scores significantly in...
Predictors of children's satisfaction with mass housing Severcan, Yücel Can (Informa UK Limited, 2020-01-02) This article explores the predictors of children's satisfaction with mass housing, which were built in the context of squatter housing regeneration. The results are based on a survey of 186 nine-to-twelve-year-old children living in four mass housing sites in Ankara, Turkey. They show the specific features of the dwelling and neighborhood that were critical in predicting children's residential satisfaction: dwelling location and size; appearance of interior design elements provided by the authority; views f...

Citation Formats

S. Nurel, “Changing economies of scale in housing production as related to supply and demand factors,” Ph.D. - Doctoral Program, Middle East Technical University, 2015.