Understanding the value of retail accessibility in private housing markets: A study from Turin, Italy

IF 6.5 1区经济学 Q1 DEVELOPMENT STUDIES

Habitat International Pub Date : 2024-11-19 DOI:10.1016/j.habitatint.2024.103212

Marco Del Nibletto , Giulio Zotteri , Marta Bottero , Federico Dell’Anna

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Abstract

Numerous urban studies have explored the relationship between urban amenities and real estate value. However, a notable gap exists in the literature concerning the specific impact of retail activities on housing values, particularly within European contexts. This study addresses this gap by examining the relationship between housing values and accessibility to different retail typologies, expanding the research stream to a European city by applying the Geographically Weighted Regression (GWR) model. The results indicate that accessibility to shopping retailers, bars and restaurants has a positive effect. In contrast, accessibility to convenience retailers and traditional markets has a negative impact. No significant relationship is observed between housing values and accessibility to supermarket retailers. Furthermore, this study shows that retail accessibility typologies impact differs in different urban areas. These findings provide useful implications for planners and policymakers, highlighting the need for strategic support for the retail sector in safeguarding and enhancing the investments of investors and families.

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了解私人住宅市场零售可达性的价值：意大利都灵的一项研究

许多城市研究都探讨了城市便利设施与房地产价值之间的关系。然而，关于零售活动对住房价值的具体影响，尤其是在欧洲范围内，文献中还存在明显的空白。为了弥补这一空白，本研究通过应用地理加权回归模型（GWR），对住房价值与不同零售类型的可达性之间的关系进行了研究，并将研究流扩展到了一个欧洲城市。结果表明，购物零售商、酒吧和餐馆的可达性具有积极影响。相比之下，便利零售商和传统市场的可达性则有负面影响。住房价值与超市零售商的可达性之间没有明显关系。此外，这项研究还表明，零售可达性类型对不同城市地区的影响也不尽相同。这些研究结果为规划者和政策制定者提供了有益的启示，强调了为零售业提供战略支持的必要性，以保障和提高投资者和家庭的投资。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Habitat International Multiple-

CiteScore

10.50

自引率

10.30%

发文量

151

审稿时长

38 days

期刊介绍： Habitat International is dedicated to the study of urban and rural human settlements: their planning, design, production and management. Its main focus is on urbanisation in its broadest sense in the developing world. However, increasingly the interrelationships and linkages between cities and towns in the developing and developed worlds are becoming apparent and solutions to the problems that result are urgently required. The economic, social, technological and political systems of the world are intertwined and changes in one region almost always affect other regions.