Dynamics of Housing Demand: The Case of Van Province, Turkey.
A house is a whole with versatile components such as social, cultural, economic, legal, and technological factors. Because of the decline in interest rates and increasing liquidity in the globalized financial markets, housing investments have attracted some of the capital flows to this field. The re...
| Publicado en: | Itobiad: Journal of the Human & Social Science Researches / İnsan ve Toplum Bilimleri Araştırmaları Dergisi Vol. 9; no. 5; pp. 3697 - 3723 |
|---|---|
| Autores principales: | , , , |
| Formato: | Artículo |
| Publicado: |
Itobiad: Journal of the Human & Social Science Researches
Oct-Dec2020
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=147977891&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 147977891 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 21471185 GBL7 jtl: Itobiad: Journal of the Human & Social Science Researches / İnsan ve Toplum Bilimleri Araştırmaları Dergisi issn: 21471185 maglogo: N pubinfo: dt: Oct-Dec2020 vid: 9 iid: 5 pid: 87673 pub: Itobiad: Journal of the Human & Social Science Researches artinfo: ui: 147977891 ppf: 3697 ppct: 26 formats: tig: atl: Dynamics of Housing Demand: The Case of Van Province, Turkey. aug: au: Akif ARVAS, M. YERGİN, Haluk ÖZEN, Kerem LEVENT, Cemalettin affil: Assoc. Prof., Van Yüzüncü Yil University, Dep. Of Economics. PhD Student, Van Yüzüncü Yil Univ., Deparment of Economics. su: Türkiye Housing Consumption (Economics) Gender Savings Marital status Interest rates Young consumers sug: subj: Housing Consumption (Economics) Gender Savings Marital status Türkiye Other Community Housing Services Interest rates Young consumers keyword: Housing Demand Housing Market Logit Model Turkey Van Konut Piyasası Konut Talebi Türkiye Housing Demand Housing Market Logit Model Turkey Van Konut Piyasası Konut Talebi Türkiye ab: A house is a whole with versatile components such as social, cultural, economic, legal, and technological factors. Because of the decline in interest rates and increasing liquidity in the globalized financial markets, housing investments have attracted some of the capital flows to this field. The real effects of the housing market are examined in terms of the increases in income, the general level of savings and investments, and the level of employment and labour mobility. Empirical studies on the housing demand have mainly aimed to investigate the relationship between the prices of houses and some macroeconomic indicators. Therefore, the number of studies conducted at the provincial level in the housing market is quite low. In this context, the main purpose of this study is to investigate the key factors that affect the decisions of individuals to buy a house in the near future, in Van province, Turkey. In the demand equation, the effects of a number of hedonic (non-price) factors such as gender, marital status, income, age, household size, location of the house, type of the house, proximity to attraction centres on the housing demand are analysed. For this purpose, in order to analyse the purchasing decisions of consumers in the housing demand function, a questionnaire was applied to 450-randomly selected people who live in the city centre. According to logit model estimation results, it is observed that factors such as gender, marital status, age, working status, education, and income increased the likelihood of owning a house. Further, while the houses in the centre are more demanded, proximity to the places such as workplace, school, and the hospital is much less effective than the security, rental income, and investment factors, in such demand. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|