Journal of Urban Management最新文献

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The spatial and temporal characteristics of urban public safety under the residents' complaints: Evidence from 12345 data in Beijing, China 居民投诉下城市公共安全的时空特征:来自北京市12345数据的证据
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2024-02-07 DOI: 10.1016/j.jum.2024.01.003
Ju He , Wenzhong Zhang , Meng Yang
{"title":"The spatial and temporal characteristics of urban public safety under the residents' complaints: Evidence from 12345 data in Beijing, China","authors":"Ju He ,&nbsp;Wenzhong Zhang ,&nbsp;Meng Yang","doi":"10.1016/j.jum.2024.01.003","DOIUrl":"10.1016/j.jum.2024.01.003","url":null,"abstract":"<div><p>Accurately revealing the temporal and spatial laws of urban public safety incidents can provide a scientific basis for the construction of urban public safety. Telephone complaints are an important way for residents to perceive urban public safety based on objective reality. This paper uses the 12,345 citizen complaint hotline data in Beijing to explore the temporal and spatial distribution patterns and aggregation characteristics of urban public safety within a day by Emerging HotSpot Analysis. And analyzes the safety space classification based on the characteristic patterns. The results show that: ①The curve of complaints about urban public safety incidents in Beijing is obvious “double peaks” characteristics within one day, at 10:00 a.m. and 3:00 p.m. respectively; ②The occurrence of urban public safety incidents occurs from scratch, from small to large, from large to small, and gradually disappearing within one day; ③The complaints of urban public safety show significant aggregation characteristics in each time period, and the degree of aggregation changes with time; ④ The main manifestations are scattered hot spots and oscillating hot spots. The research conclusions are expected to provide new ideas for urban public safety research and enrich social perception research based on complaint data.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2024-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2226585624000037/pdfft?md5=d556ee5338dd3763fdf96e87884c08e4&pid=1-s2.0-S2226585624000037-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139885295","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Exploring resource-wise stakeholder engagements for low-income housing development in urban Punjab, Pakistan 探索巴基斯坦旁遮普省城市低收入住房开发中利益相关者的资源参与情况
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2024-01-24 DOI: 10.1016/j.jum.2024.01.002
Sana Malik
{"title":"Exploring resource-wise stakeholder engagements for low-income housing development in urban Punjab, Pakistan","authors":"Sana Malik","doi":"10.1016/j.jum.2024.01.002","DOIUrl":"10.1016/j.jum.2024.01.002","url":null,"abstract":"<div><p>The main phases of any housing project are planning, design, execution, regulation, and use. All the stakeholders involved in each phase can impact the project's status and progress. The study has explored the dynamics of acquiring five fundamental housing resources, i.e., physical, financial, construction capital, intellectual, and policy. The paper responds to the lack of research on resource acquisition and the patterns of stakeholder engagements, particularly in South Asian countries. The study provides the stakeholder model in the case of Pakistan as an interesting study of relationships between resource-acquiring patterns and engagement mechanisms that can be applied to other geographical contributions. Drawing on qualitative analysis from in-depth interviews with prime stakeholders, this paper concludes by highlighting policy resources as the focal point of resource-wise stakeholder engagement in low-income housing development. This paper highlights the complexities associated with amalgamated engagements with limited transparency on the patterns of resource acquisition for better navigating the provision of low-income housing in developing countries urbanizing at alarming rates.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2024-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2226585624000025/pdfft?md5=6d1f59d0d38a84f1c3d9ef34ef3a2bea&pid=1-s2.0-S2226585624000025-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139633186","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Reflections on TOD in China: From land finance to inclusive growth 对中国 TOD 的思考:从土地财政到包容性增长
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2024-01-12 DOI: 10.1016/j.jum.2024.01.001
Yinxin Su , Yuzhe Wu , Charles L. Choguill , Jiaojiao Luo , Xiaofen Yu
{"title":"Reflections on TOD in China: From land finance to inclusive growth","authors":"Yinxin Su ,&nbsp;Yuzhe Wu ,&nbsp;Charles L. Choguill ,&nbsp;Jiaojiao Luo ,&nbsp;Xiaofen Yu","doi":"10.1016/j.jum.2024.01.001","DOIUrl":"10.1016/j.jum.2024.01.001","url":null,"abstract":"<div><p>Transit-oriented development (TOD) is a sustainable land use planning tool based on land value-added capturing and urban quality improvements and has been vigorously promoted by Chinese city governments. However, few studies have been conducted on the role of the ‘land finance’ model and on people-oriented planning approach focusing on urban inclusive growth. This paper examines the current implementation of TOD in China and attempts to explore the approach to the paradigm transformation of urban development in China. Evidence from Hangzhou illustrates that the current land-centered and property-led urban rail transit construction, although contributing to the economic sustainability of ‘urban development strategy’, has led to unaffordable housing prices and failed to decentralize population away from downtown areas. This study highlights inclusive growth models which integrate TOD planning with affordable housing for the floating population, not only to ensure equity in housing affordability and space accessibility but also to promote polycentric urban development strategies. The locations of inclusive growth models include new towns/sub-cities, traditional cores and suburbs, which are all based on existing industrial cluster areas and promote the full utilization of existing public service facilities.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2226585624000013/pdfft?md5=41f0751e16cdc939f26e53c7508990c4&pid=1-s2.0-S2226585624000013-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139540672","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Forgetting intangible values and community: The case of heritage conservation policies in Cuenca, Ecuador 遗忘非物质价值和社区:厄瓜多尔昆卡的遗产保护政策案例
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2024-01-11 DOI: 10.1016/j.jum.2023.12.004
Natasha Cabrera-Jara , Margarita Greene-Zuñiga
{"title":"Forgetting intangible values and community: The case of heritage conservation policies in Cuenca, Ecuador","authors":"Natasha Cabrera-Jara ,&nbsp;Margarita Greene-Zuñiga","doi":"10.1016/j.jum.2023.12.004","DOIUrl":"10.1016/j.jum.2023.12.004","url":null,"abstract":"<div><p>The relationship between heritage, conservation and tourism has determined countless actions on the historic centers of several cities in the world. In Latin America, governmental entities have set guidelines for urban heritage interventions through plans, programs and a variety of projects implemented in recent decades. The predominant emphasis of these actions has been on safeguarding tangible aspects of heritage, adhering to international conservation guidelines, and promoting tourism as a means to stimulate sustainable local development. However, a critical point of these efforts lies in the neglect of adverse social consequences imposed on local residents and communities. In this paper we consider a representative case: the heritage area of Cuenca in Ecuador, where an intervention took place starting with the UNESCO Declaration of the case study in 1999 until 2019. We characterize the process, analyze the incidence of planning instruments and identify the attributes that were enhanced as well as those that were suppressed through a historical review of current plans and executed projects. The results reveal the persistence of a conservationist and orthodox vision of heritage, which leads to the displacement of vulnerable groups. Hence, it is imperative to reevaluate intervention policies in the urban heritage context of Latin American cities like Cuenca.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2024-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2226585623000961/pdfft?md5=f2697511b3c75145cae61677c8b16395&pid=1-s2.0-S2226585623000961-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139421120","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Beyond residential segregation: Mapping Chilean social housing project residents’ vulnerability 超越居住隔离:绘制智利社会住房项目居民的脆弱性地图
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2024-01-08 DOI: 10.1016/j.jum.2023.12.003
Maria I. Matas
{"title":"Beyond residential segregation: Mapping Chilean social housing project residents’ vulnerability","authors":"Maria I. Matas","doi":"10.1016/j.jum.2023.12.003","DOIUrl":"10.1016/j.jum.2023.12.003","url":null,"abstract":"<div><p>Residential segregation is an important challenge in Latin America, particularly since its effects on quality of life and access to urban opportunities are increasingly urgent on the public agenda. Segregation has not only arisen in the region due to the market, but also directly due to the State, which has promoted it through creating social housing along urban peripheries, far from job opportunities and urban equipment. This has increased conditions of vulnerability, although such conditions are not homogenously distributed in the territory. The present article proposes a multidimensional vulnerability index for social housing project residents, which apart from the socioeconomic indicator used in official measurements also applies two special indicators: (1) spatial mismatch from employment centers, and (2) an indicator for accessibility to public services and equipment. Unlike the commonly used one-dimensional indicator, the proposed index produces clearer discrimination of the vulnerability levels faced by social housing residents, allowing for better public policy design and improved public resource focusing.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2024-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S222658562300095X/pdfft?md5=544557974f8b0b0a5eaf107807575182&pid=1-s2.0-S222658562300095X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139397443","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Participatory evaluation of cultural heritage adaptive reuse interventions in the circular economy perspective: A case study of historic buildings in Salerno (Italy) 从循环经济角度对文化遗产适应性再利用干预措施进行参与式评估:意大利萨莱诺历史建筑案例研究
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2024-01-06 DOI: 10.1016/j.jum.2023.12.002
A. Gravagnuolo , M. Angrisano , M. Bosone , F. Buglione , P. De Toro , L. Fusco Girard
{"title":"Participatory evaluation of cultural heritage adaptive reuse interventions in the circular economy perspective: A case study of historic buildings in Salerno (Italy)","authors":"A. Gravagnuolo ,&nbsp;M. Angrisano ,&nbsp;M. Bosone ,&nbsp;F. Buglione ,&nbsp;P. De Toro ,&nbsp;L. Fusco Girard","doi":"10.1016/j.jum.2023.12.002","DOIUrl":"10.1016/j.jum.2023.12.002","url":null,"abstract":"<div><p>Adaptive reuse of cultural heritage can be a valid strategy to recover heritage buildings in a state of abandonment or underuse, as well as to implement the circular economy model in cities and regions, contributing to the achievement of climate objectives, to social cohesion, wellbeing and quality of life, making cities more attractive, safe, sustainable and resilient. The aim of this paper is to develop and test an ex-ante evaluation methodology to support participatory decision-making processes for the adaptive reuse of cultural heritage according to the circular economy perspective. A multidimensional and multicriteria evaluation framework was experimented in the city of Salerno, Italy, to assess alternative solutions for the adaptive reuse of four large historic buildings in abandonment, and identify a satisfying solution based on interactions with local stakeholders. The TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) multi-criteria evaluation method was used to compare adaptive reuse project alternatives including stakeholder objectives and preferences. Starting from 14 adaptive reuse proposals, the participative evaluation methodology supported stakeholders in the identification of 4 preferable solutions further developed and co-designed, as well as in the search of a final satisfying solution engaging diverse stakeholders groups. Moreover, operational circularity criteria for the adaptive reuse of cultural heritage were identified. The results of the study show the potential of Multi-Criteria Decision Analysis (MCDA) mixed with participative methods for co-design and co-evaluation to support inclusive decision-making processes for circular adaptive reuse of cultural heritage.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2024-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2226585623000948/pdfft?md5=16ba84e9d3f4cef6119afeb6247cda84&pid=1-s2.0-S2226585623000948-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139394644","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
City size, administrative rank, and Rural–Urban migration in China 中国的城市规模、行政级别与城乡人口迁移
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2023-12-19 DOI: 10.1016/j.jum.2023.12.001
Chengri Ding , Mingsheng Wang , Zhongxing Guo , Ning Chen
{"title":"City size, administrative rank, and Rural–Urban migration in China","authors":"Chengri Ding ,&nbsp;Mingsheng Wang ,&nbsp;Zhongxing Guo ,&nbsp;Ning Chen","doi":"10.1016/j.jum.2023.12.001","DOIUrl":"10.1016/j.jum.2023.12.001","url":null,"abstract":"<div><p>This study investigates the effects of city size and administrative rank on rural–urban migration in China and examines the factors that influence the city size effect. We focus on unemployed while job-seeking migrants. Using data from the China Migrants Dynamic Survey for 2016 and 2017, we find that city size and administrative rank positively influence the destination of rural–urban migrants. Furthermore, we conclude that individual characteristics and home province features influence the city size effect. Young, unmarried, educated, and first-time migrants tend to choose big cities. Migrants from provinces without a primate city tend to move across provincial boundaries, implying that big cities are destinations. Moreover, the city size effect positively correlates with urban concentration and urbanization. Finally, we noted that first-time migrants tend to select a big city to migrate.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2023-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2226585623000936/pdfft?md5=b7c3cb0c821a08666da23a9b55e63813&pid=1-s2.0-S2226585623000936-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139020838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Commercial land use change and growth processes – An assessment of retail location in Lisbon, Portugal, 1995–2020 商业用地变化与增长过程--1995-2020 年葡萄牙里斯本零售地点评估
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2023-12-09 DOI: 10.1016/j.jum.2023.11.005
Rui Colaço, João de Abreu e Silva
{"title":"Commercial land use change and growth processes – An assessment of retail location in Lisbon, Portugal, 1995–2020","authors":"Rui Colaço,&nbsp;João de Abreu e Silva","doi":"10.1016/j.jum.2023.11.005","DOIUrl":"10.1016/j.jum.2023.11.005","url":null,"abstract":"<div><p>Land use modelling is essential to understanding future land use and change dynamics. Analyses of land use and change using Cellular Automata (CA) have been frequent in the literature since the latter were introduced to geography in the 1970s. In this paper, the statistical subsections – city blocks – of a previous analysis of Lisbon's commercial structure are used as the cells of a CA. A multi-layer perceptron (MLP) models the transition potential of those cells between 1995 and 2020, considering the impact of street centrality, subway development and other proxies of urban growth. The results confirm that commercial growth and change can be simulated as a function of street centrality and that using Local integration and Choice as drivers of a CA may help improve predictions of commercial growth and change. Moreover, the CA results reinforce that street centrality positively affects street commerce, especially when combined with access to transit and amenities. While these results can already inform planning practice and policymaking, the framework presented in this paper may be replicated to simulate ​future commercial land use, thus helping planners and policymakers prepare for change.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2023-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2226585623000924/pdfft?md5=a0948b00e4e4f603fc58bd787bd791ae&pid=1-s2.0-S2226585623000924-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138567036","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Identification of necessity behind the construction of the third Shitalakhya bridge based on level of service (LOS) measurement parameters applicable for developing countries 根据适用于发展中国家的服务水平(LOS)测量参数,确定修建第三座希塔拉基亚大桥的必要性
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2023-12-07 DOI: 10.1016/j.jum.2023.11.004
Mohammad Rafayet Hossain , Syed Mohammed Waliullah
{"title":"Identification of necessity behind the construction of the third Shitalakhya bridge based on level of service (LOS) measurement parameters applicable for developing countries","authors":"Mohammad Rafayet Hossain ,&nbsp;Syed Mohammed Waliullah","doi":"10.1016/j.jum.2023.11.004","DOIUrl":"10.1016/j.jum.2023.11.004","url":null,"abstract":"<div><p>With the expansion of industrial activities in developing countries like Bangladesh, the purchase of motorized vehicles is also growing in recent days. This increased number of motorized vehicles is creating massive pressure on the logistic movement in industrial areas, and the performance level of roadways is deteriorating day by day. It has become quite difficult to meet the need for a reliable transportation system that can provide good compatibility for road users and logistical operations. Kanchpur Industrial Area can be classified as an industrial hub of Narayanganj District due to the presence of jute trading and plant processing industries. Over the years two bridges have been constructed in the proximity of this area named, the Kanchpur Bridge and Sultana Kamal Bridge to decrease the pressure on N2 National Highway; however, the situation is still not satisfactory and construction of a third bridge over the Shitalakhya River is under consideration by the Government of Bangladesh (GOB). Dhaka-Sylhet Highway is a section of the N2 National Highway system which connects the industrial district Kanchpur with Dhaka City. The main objectives of the study were to develop a methodology which can be used to measure the Level of Service (LOS) of roadways located in developing countries and use it to understand the necessity of the construction of the third Shitalakhya Bridge. LOS measurement procedures suitable for developed countries are not useable for developing countries due to the difference in road geometry, presence of non-motorized vehicles, and control delay at intersections. A procedure has been developed to measure LOS by combining standards of the National Institute of Technical Teachers Training and Research, Chandigarh, India; Highway Capacity Manual (HCM), USA; and Roads and Highway Department (RHD), Bangladesh. LOS measurement was based on four parameters: Peak Hour Factor (PHF), Travel Speed, Load Factor, and Volume/Capacity Ratio (VCR). The data analysis shows that the LOS value of the Dhaka-Sylhet Highway varies within the range from “E\" to “F\", and construction of the third Shitalakhya Bridge will significantly improve the roadway condition.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2023-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2226585623000912/pdfft?md5=6161e41a6d142bc0c42c43762f93a913&pid=1-s2.0-S2226585623000912-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138623016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A feasibility analysis of reverse mortgages in Brazil 巴西反向抵押贷款的可行性分析
IF 6.1 2区 社会学
Journal of Urban Management Pub Date : 2023-12-01 DOI: 10.1016/j.jum.2023.11.003
João Vinícius de França Carvalho, Gabriel Giuliano Araújo
{"title":"A feasibility analysis of reverse mortgages in Brazil","authors":"João Vinícius de França Carvalho,&nbsp;Gabriel Giuliano Araújo","doi":"10.1016/j.jum.2023.11.003","DOIUrl":"10.1016/j.jum.2023.11.003","url":null,"abstract":"<div><p>In this study, we examine the feasibility of reverse mortgages in Brazil from the perspectives of both policyholders and insurers. Reverse mortgage is a financial product where the property's ownership is transferred to an insurance company in exchange for a guaranteed annuity, while the insured retains the right to use such property until their death. Using monthly real state pricing data (2008–2019) provided by FipeZAP, we employ statistical modeling to predict future prices of properties to get the future insurer's expected results, while policyholders' annuity benefits are calculated using actuarial approach. To assess attractiveness, we calculate internal rate of return for different policyholder profiles and conduct profit test for the insurer. Our results indicate that, as an investment strategy, reverse mortgage has little or no attractiveness to the policyholder despite its actuarial fairness. However, it may be a viable option for increasing retirement income in case of a consistent real estate overvaluation. For insurers, the results are unfeasible due to the extended time lag for positive financial results, which only occurs after the policyholder's death. The inclusion of safety loadings can produce more favorable outcomes. Nonetheless, we recommend incorporating reverse mortgages as an elderly policy strategy to reduce reliance on state support during retirement, even if no attractive returns are provided as a financial investment. We also discuss policy implications (e.g., right to the city) to help the elderly stay connected to social support networks and local services.</p></div>","PeriodicalId":45131,"journal":{"name":"Journal of Urban Management","volume":null,"pages":null},"PeriodicalIF":6.1,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2226585623000900/pdfft?md5=95bbe6ec66e50e9288b771ca4b678d41&pid=1-s2.0-S2226585623000900-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138525808","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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