Abstract
The process of ‘studentification’ of neighbourhoods within metropolitan areas raises issues
regarding the impact of student influx on contemporary urban development, since the impacts of
the process itself on the urban environment are contradicting and their net effects are hardly
assessed. The current study focuses on the influence of student influx on rent prices in the private
rental sector in a core city of a medium-size metropolitan area. Specifically, the impact of
‘studentification’ on rent prices is evaluated by hedonic price analysis. Data were collected from
on-line real-estate portals by recording rental apartment advertisements, and consist of
apartments characterized by more than a dozen attributes including rent price, neighbourhood,
structural features, and electrical appliances. In order to investigate the impact of
‘studentification’, the advertisements were extracted for two neighbourhoods that are similar in
all their characteristics, apart from their level of ‘studentification’. The results indicate that the
impact of a higher ‘studentification’ level on the rent price is negative and significant.
Keyword: rental housing market, private rental sector, ‘studentification’, hedonic price analysis
Keyword: rental housing market, private rental sector, ‘studentification’, hedonic price analysis
| Original language | English |
|---|---|
| Title of host publication | The 50th Anniversary European Congress of the Regional Science Association International |
| Publisher | Regional Science Association International |
| Publication date | 2010 |
| Publication status | Published - 2010 |
| Externally published | Yes |
| Event | 50th Anniversary European Congress of the Regional Science Association International: Sustainable Regional Growth and Development in the Creative Knowledge Economy - Jönköping, Sweden Duration: 19 Aug 2010 → 23 Aug 2010 Conference number: 50 http://www.ersa.org/summer-school/past-congresses/ersa-2010/2010-ersa-congress-jonkoping/ |
Conference
| Conference | 50th Anniversary European Congress of the Regional Science Association International |
|---|---|
| Number | 50 |
| Country | Sweden |
| City | Jönköping |
| Period | 19/08/2010 → 23/08/2010 |
| Internet address |