License: Creative Commons Attribution 4.0 International license (CC BY 4.0)
When quoting this document, please refer to the following
DOI: 10.4230/LIPIcs.GIScience.2023.51
URN: urn:nbn:de:0030-drops-189460
URL: http://dagstuhl.sunsite.rwth-aachen.de/volltexte/2023/18946/
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Matsuo, Kazushi ; Tsutsumi, Morito ; Imazeki, Toyokazu

Geographic Analysis of Trade-Offs Between Amenity and Supply Effects in New Office Buildings (Short Paper)

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LIPIcs-GIScience-2023-51.pdf (4 MB)

Abstract

The supply of new office buildings in the neighborhood both positively and negatively affects rents. This study attempts to deepen the quantitative knowledge of this trade-off relationship and estimate the correlation between new supply and rent within a specific geographic area based on a hedonic model. Although the results exhibit biases, they indicate that supply effects become apparent after construction is completed, and that they vary geographically and are related to local market characteristics.

BibTeX - Entry

@InProceedings{matsuo_et_al:LIPIcs.GIScience.2023.51,
  author =	{Matsuo, Kazushi and Tsutsumi, Morito and Imazeki, Toyokazu},
  title =	{{Geographic Analysis of Trade-Offs Between Amenity and Supply Effects in New Office Buildings}},
  booktitle =	{12th International Conference on Geographic Information Science (GIScience 2023)},
  pages =	{51:1--51:6},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-288-4},
  ISSN =	{1868-8969},
  year =	{2023},
  volume =	{277},
  editor =	{Beecham, Roger and Long, Jed A. and Smith, Dianna and Zhao, Qunshan and Wise, Sarah},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/opus/volltexte/2023/18946},
  URN =		{urn:nbn:de:0030-drops-189460},
  doi =		{10.4230/LIPIcs.GIScience.2023.51},
  annote =	{Keywords: Office rent, new office building, amenity effect, supply effect}
}

Keywords: Office rent, new office building, amenity effect, supply effect
Collection: 12th International Conference on Geographic Information Science (GIScience 2023)
Issue Date: 2023
Date of publication: 07.09.2023

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