Residential location choice of knowledge-workers in a "startup metropolis": the role of amenities, workplace and lifestyle

Amnon Frenkel; Edward Bendit; Sigal Kaplan

doi:10.1016/j.cities.2013.06.005

Residential location choice of knowledge-workers in a "startup metropolis": the role of amenities, workplace and lifestyle

Amnon Frenkel, Edward Bendit, Sigal Kaplan

Technion-Israel Institute of Technology

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Abstract

This study investigates the residential location choice of knowledge-workers at the intra-metropolitan level by applying discrete choice models. The models represent housing choices of 833 knowledge-workers in high-technology and financial services and analyze the relative importance of lifestyle and cultural amenities in addition to classic location factors. Hence, the model bridges the gap between the recent lifestyle-oriented and the classical utility-oriented conceptualizations of the residential choice of knowledge-workers. The most important factors are municipal socioeconomic level, housing affordability and commuting time, while substantial secondary factors are cultural and educational land-use and culture-oriented lifestyle.

Original language	English
Journal	Cities
Volume	35
Pages (from-to)	33-41
Number of pages	9
ISSN	0264-2751
DOIs	https://doi.org/10.1016/j.cities.2013.06.005
Publication status	Published - 2013

Keywords

Knowledge-workers
Residential choice
Lifestyle
Location model
Discrete choice models

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.cities.2013.06.005

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abstract = "This study investigates the residential location choice of knowledge-workers at the intra-metropolitan level by applying discrete choice models. The models represent housing choices of 833 knowledge-workers in high-technology and financial services and analyze the relative importance of lifestyle and cultural amenities in addition to classic location factors. Hence, the model bridges the gap between the recent lifestyle-oriented and the classical utility-oriented conceptualizations of the residential choice of knowledge-workers. The most important factors are municipal socioeconomic level, housing affordability and commuting time, while substantial secondary factors are cultural and educational land-use and culture-oriented lifestyle.",

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AU - Frenkel, Amnon

AU - Bendit, Edward

AU - Kaplan, Sigal

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N2 - This study investigates the residential location choice of knowledge-workers at the intra-metropolitan level by applying discrete choice models. The models represent housing choices of 833 knowledge-workers in high-technology and financial services and analyze the relative importance of lifestyle and cultural amenities in addition to classic location factors. Hence, the model bridges the gap between the recent lifestyle-oriented and the classical utility-oriented conceptualizations of the residential choice of knowledge-workers. The most important factors are municipal socioeconomic level, housing affordability and commuting time, while substantial secondary factors are cultural and educational land-use and culture-oriented lifestyle.

AB - This study investigates the residential location choice of knowledge-workers at the intra-metropolitan level by applying discrete choice models. The models represent housing choices of 833 knowledge-workers in high-technology and financial services and analyze the relative importance of lifestyle and cultural amenities in addition to classic location factors. Hence, the model bridges the gap between the recent lifestyle-oriented and the classical utility-oriented conceptualizations of the residential choice of knowledge-workers. The most important factors are municipal socioeconomic level, housing affordability and commuting time, while substantial secondary factors are cultural and educational land-use and culture-oriented lifestyle.

KW - Knowledge-workers

KW - Residential choice

KW - Lifestyle

KW - Location model

KW - Discrete choice models

U2 - 10.1016/j.cities.2013.06.005

DO - 10.1016/j.cities.2013.06.005

M3 - Journal article

SN - 0264-2751

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SP - 33

EP - 41

JO - Cities

JF - Cities

ER -

Residential location choice of knowledge-workers in a "startup metropolis": the role of amenities, workplace and lifestyle

Abstract

Keywords

UN SDGs

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