International Journal of Strategic Property Management最新文献

BIBLIOMETRIC REVIEW OF RESEARCH ON GREEN BUILDING ASSESSMENT METHOD BY CITESPACE AND HISTCITE citespace 和 histcite 对绿色建筑评估方法研究的文献计量学审查

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2024-05-23 DOI: 10.3846/ijspm.2024.21455

Yuanyuan Li, Ying Wang, Rui Wang, Chunlu Liu, Zhigang Zhang

{"title":"BIBLIOMETRIC REVIEW OF RESEARCH ON GREEN BUILDING ASSESSMENT METHOD BY CITESPACE AND HISTCITE","authors":"Yuanyuan Li, Ying Wang, Rui Wang, Chunlu Liu, Zhigang Zhang","doi":"10.3846/ijspm.2024.21455","DOIUrl":"https://doi.org/10.3846/ijspm.2024.21455","url":null,"abstract":"Numerous qualitative review studies have been conducted to enhance the understanding of current research status of green buildings (GBs). Green building assessment methods (GBAMs) are crucial to the development of GBs and relevant research works has received wide attention. However, there are very few reviews to quantitively explore these studies. Therefore, this paper aims to systematically review literatures on GBAMs, and visually analyzes them through CiteSpace and HistCite. The article identified the most influential journals, contributors, representative institutions and regions. The knowledge bases of this area focus on “triple bottom line”, “indicator”, “building design”, “life cycle costing”, “life cycle sustainability assessment”, “tropical climate”, “building information modelling” and “Chinese green building label”. Through citation analysis, “updating existing GBAMs by scheme comparison”, “updating existing GBAMs by GB case analysis”, “establishment of new GBAMs” and “incorporation of BIM in GBAMs” were found as the main research themes. “Design”, “LCA”, “model”, “energy”, “management”, “residential buildings” and “office buildings” are high-frequency keywords. Future research directions were finally proposed as “more investigation on the other types of GBs”, “incorporation of cost-related criteria”, “enhancing health-related indicators” and“integrating with BIM technology”. The results could provide a useful reference to industry practitioners and scholars interested in GBAMs.","PeriodicalId":14424,"journal":{"name":"International Journal of Strategic Property Management","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141104108","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

THE IMPACT OF THE DIGITAL ECONOMY ON URBAN HOUSE PRICES: COMPREHENSIVE EXPLORATIONS 数字经济对城市房价的影响：全面探索

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2024-05-21 DOI: 10.3846/ijspm.2024.21474

Shufeng Cong, Lee Chin, Mohamad Khair Afham Muhamad Senan, Yuhong Song

引用次数: 0

ALLEVIATING SURVEYOR BIAS IN REAL ESTATE: AN APPLICATION TO VACANCY AND PROPERTY PRICES 减轻房地产测量师的偏见：对空置率和房地产价格的应用

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2024-04-04 DOI: 10.3846/ijspm.2024.21214

Changro Lee

引用次数: 0

CAPITALIZATION EFFECTS OF RIVERS IN URBAN HOUSING SUBMARKETS – A CASE STUDY OF THE YANGTZE RIVER 城市住房次级市场中河流的资本化效应--长江案例研究

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2024-04-04 DOI: 10.3846/ijspm.2024.21184

Xiaoling Ke, Chang Yang, Moujun Zheng, Mougharbel Amal, Yanshan Zeng

{"title":"CAPITALIZATION EFFECTS OF RIVERS IN URBAN HOUSING SUBMARKETS – A CASE STUDY OF THE YANGTZE RIVER","authors":"Xiaoling Ke, Chang Yang, Moujun Zheng, Mougharbel Amal, Yanshan Zeng","doi":"10.3846/ijspm.2024.21184","DOIUrl":"https://doi.org/10.3846/ijspm.2024.21184","url":null,"abstract":"The study aims to investigate the heterogeneity of the Yangtze River’s impact on housing prices, using the data of 12,325 residential transactions within 8 kilometers of the Yangtze River in Wuhan, based on submarkets divided according to geographical location and buyer groups. The kernel density plots reveal that properties near the Yangtze River have the highest price and the lowest density, while properties further away from the river exhibit the opposite trend. Then the Spatial Generalized Additive Model and the Spatial Quantile Generalized Additive Model show the following results, respectively: (1) The Yangtze River has an influence range of roughly 5 kilometers on adjacent dwellings, with an average impact of 0.035%. However, within the chosen geographical interval, the impact rises from 1.582% to 2.072%. (2) The Yangtze River has the greatest impact on middle-priced houses, followed by high-priced houses, and the least impact on low-priced houses. (3) The Spatial Generalized Additive Model and the Spatial Quantile Generalized Additive Model have been proven to be effective at capturing spatial and temporal impacts on data. In conclusion, this article advises that the government should pay more attention to non-central locations with limited natural resources.","PeriodicalId":14424,"journal":{"name":"International Journal of Strategic Property Management","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140745821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

BUSINESS MODEL TRANSFORMATION OF REITS IN THE SENIOR HOUSING SECTOR 养老地产领域的再投资业务模式转型

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2024-03-27 DOI: 10.3846/ijspm.2024.21095

Jii Yoo, Jae Sik Jeon

{"title":"BUSINESS MODEL TRANSFORMATION OF REITS IN THE SENIOR HOUSING SECTOR","authors":"Jii Yoo, Jae Sik Jeon","doi":"10.3846/ijspm.2024.21095","DOIUrl":"https://doi.org/10.3846/ijspm.2024.21095","url":null,"abstract":"This study examines the transformative impact of the REIT Investment Diversification and Empowerment Act (RIDEA) of 2007 on Real Estate Investment Trusts (REITs) and their partnerships with operating entities in the U.S. senior housing industry. We explore how REITs, functioning as both asset owners and managers, adapt their business strategies in response to the evolving business landscape. Employing a case study approach rooted in Zott and Amit’s (2010) conceptualization of business models, the study identifies and analyzes notable shifts in market participants’ recognition of value-enhancing approaches, encompassing not only traditional rental income but also the operational performance of property managers. The findings reveal an expanded risk and profit-sharing mechanism propelled by the newly implemented business framework based on RIDEA, fostering enhanced alignment of interests between REITs and operators compared to the traditional business framework. While this effect under the new model holds the potential for significant enhancements in operational efficiency for asset managers, it concurrently introduces complexities arising from heightened financial and market risks, as well as challenges related to workforce management. Our findings offer valuable insights to industry experts, including REITs, operators, investors, and policymakers, enriching their comprehension of the evolving business models within the senior housing sector.","PeriodicalId":14424,"journal":{"name":"International Journal of Strategic Property Management","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140374525","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

HOUSE PRICE VOLATILITY IN CHINA: A PERVASIVE PATTERN WITH GEOGRAPHIC DISPARITY 中国的房价波动：具有地域差异的普遍模式

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2024-03-21 DOI: 10.3846/ijspm.2024.21096

Xiaomeng Liu, Ziliang Yu, Yang Li

引用次数: 0

INCENTIVE MECHANISM OF GOVERNMENT OVERCOMMITMENT IN PPPS BASED ON INVESTORS’ FAIRNESS PREFERENCE 基于投资者公平偏好的 PPP 项目中政府过度承诺的激励机制公平偏好

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2024-03-12 DOI: 10.3846/ijspm.2024.21028

Qi Luo, Jicai Liu

{"title":"INCENTIVE MECHANISM OF GOVERNMENT OVERCOMMITMENT IN PPPS BASED ON INVESTORS’ FAIRNESS PREFERENCE","authors":"Qi Luo, Jicai Liu","doi":"10.3846/ijspm.2024.21028","DOIUrl":"https://doi.org/10.3846/ijspm.2024.21028","url":null,"abstract":"In public-private partnerships (PPPs), governments sometimes may not afford the guarantees in full as initially agreed upon due to limited fiscal budgets. Accordingly, government overcommitment can occur. The degree of government overcommitment fulfillment affects not only the incentives provided by governments but also investors’ willingness to cooperate and efforts. However, until now, this government overcommitment risk has been ignored during negotiations. Moreover, little attention has been paid to the impact of investors’ fairness preference. To this end, this paper constructs an incentive mechanism of government overcommitment based on investors’ fairness preference in the horizontal and vertical dimensions. The results show that the optimal strategies of both sides are usually affected by the degree of government overcommitment fulfillment, investors’ fairness preference and their willingness to cooperate. Contrary to intuition, the optimal incentive of governments and investors’ efforts do not always increase with the decreasing degree of government overcommitment fulfillment, and thus, fairness preferences should be considered. It is not always the case that a higher-level government overcommitment fulfillment is better for themselves. The findings contribute new insights to the incentive mechanism to innovatively work toward creating an effective contract to pay more attention to government overcommitment risk in advance in PPPs.","PeriodicalId":14424,"journal":{"name":"International Journal of Strategic Property Management","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140248920","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

DO CHINESE GOVERNMENT POLICIES AFFECT PERFORMANCE OF REAL ESTATE ENTERPRISES? 中国政府的政策会影响房地产企业的业绩吗？

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2024-02-27 DOI: 10.3846/ijspm.2024.20944

Lihua Zhang, Yueji Xin, Rui Han, Xili Zhang, Ning Hao, Lele Li, Juanfeng Zhang

引用次数: 0

THE EFFECTS OF TRANSACTION HOTSPOTS AND FLIPPING HOTSPOTS ON HOUSING PRICES 交易热点和炒房热点对房价的影响

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2024-02-26 DOI: 10.3846/ijspm.2024.20899

Bor-Ming Hsieh, Chih-Yuan Yang

{"title":"THE EFFECTS OF TRANSACTION HOTSPOTS AND FLIPPING HOTSPOTS ON HOUSING PRICES","authors":"Bor-Ming Hsieh, Chih-Yuan Yang","doi":"10.3846/ijspm.2024.20899","DOIUrl":"https://doi.org/10.3846/ijspm.2024.20899","url":null,"abstract":"In contrast to much of the literature that focuses on the issue of spatial dependence in housing price research, this study addresses the spatial aggregation of housing transactions and analyzes the effects of transaction hotspots and short-term flipping hotspots on housing prices by using real housing transaction data in Taipei City, Taiwan. The empirical results show that after controlling for the effects of spatial dependence and individual housing attributes, the impact of transaction hotspot areas on housing prices is significantly negative, while the impact of flipping hotspot areas on housing prices is significantly positive. The results verify that the key to driving up housing prices lies in flipping activities. Furthermore, the results of the spatial quantile regression model show that low-priced residential properties are more sensitive to the spatial concentration of housing transactions and flipping transactions in the housing market. Our results have implications for the government’s policy intending to control hot trade volumes to cool skyrocketing housing prices in a booming housing market. It is suggested that the government should pay attention to restraining short-term flipping activities in the housing market rather than setting constrains on housing transactions.","PeriodicalId":14424,"journal":{"name":"International Journal of Strategic Property Management","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-02-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140430274","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

SUSTAINABILITY IN PROPERTY TAXATION: AN APPLICATION FOR REVENUE STABILITY AND FAIRNESS PERSPECTIVES, THE CITY OF BUFFALO, NY 财产税的可持续性：收入稳定性和公平性视角的应用，纽约州水牛城

IF 2.7 4区管理学

International Journal of Strategic Property Management Pub Date : 2023-12-21 DOI: 10.3846/ijspm.2023.20564

Emre Ozmen

{"title":"SUSTAINABILITY IN PROPERTY TAXATION: AN APPLICATION FOR REVENUE STABILITY AND FAIRNESS PERSPECTIVES, THE CITY OF BUFFALO, NY","authors":"Emre Ozmen","doi":"10.3846/ijspm.2023.20564","DOIUrl":"https://doi.org/10.3846/ijspm.2023.20564","url":null,"abstract":"The scholarly modeling of property tax has always posed a challenge, with two primary concerns to be addressed: first, maintaining sustainability in the collection, which is primarily a concern for local governments; and second, ensuring fair distribution, which is of greater concern for citizens. In today’s practices, assessment-based property tax increases unmatched expenses in bubble economies. There is a substitution problem in rapid falls, the tendency to not decrease the assessments gives way to black holes and opens the door to ghost cities. This paper proposes alternative approaches, aside from market/land value or last sold price, aimed at improving sustainability and fairness rates. The dataset examined is based on 93.7K records and 88 attributes for assessed value of properties within the City of Buffalo, the United States of America. Since the label (Total Value) is a numerical and continuous value, regression models are selected, where ensemble machine learning methods categorically work well with larger datasets, combined with weak learners, like decision trees. Stacked Ensemble led the least error for regression with 0.98 R2, followed by Gradient Boosting. Results show a 79% dominance of uncontrollable attributes, such as Land Value, Neighborhood, and Sale (last sold) Price, compared to controllable attributes, such as Total Living Area, Construction Grade, Second Story Area, and many others. This article suggests having a more balanced split between uncontrollable and controllable attributes would contribute to both sustainability and fair distribution.","PeriodicalId":14424,"journal":{"name":"International Journal of Strategic Property Management","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2023-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138948698","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0