Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Demand for housing and urban services in Brazil: A hedonic approach
This paper seeks to estimate the demand for housing and urban services in the major Brazilian metropolitan areas (MAs), as a contribution for the formulation of public policies of urban development. The theoretical approach used is the hedonic prices model (Rosen, 1974), which relates price with the property characteristics. The data was obtained from the 1997 National Household Survey (Pnad), published by the Brazilian Institute of Geography and Statistics (IBGE), encompassing 10 MAs. We have verified that the provision of proper housing and urban infrastructure services can significantly increase property prices in metropolitan areas, implying that such policies may have strong redistributive impacts and can be used to fight urban poverty in Brazil. Among the MAs studied, São Paulo presented the highest average rent, independently of the characteristics of the properties. The importance of the present study resides in trying to evaluate the impact of the governmental urban policies through regression analysis, what would allow policy makers to obtain more detailed information on the nature of housing demand - regarding the consumers' preferences for the different attributes of the house and levels of provision of urban services - as well as on the capacity of cost-recovery, and the social impacts of the different housing, sanitation and urban development programs.
Demand for housing and urban services in Brazil: A hedonic approach
This paper seeks to estimate the demand for housing and urban services in the major Brazilian metropolitan areas (MAs), as a contribution for the formulation of public policies of urban development. The theoretical approach used is the hedonic prices model (Rosen, 1974), which relates price with the property characteristics. The data was obtained from the 1997 National Household Survey (Pnad), published by the Brazilian Institute of Geography and Statistics (IBGE), encompassing 10 MAs. We have verified that the provision of proper housing and urban infrastructure services can significantly increase property prices in metropolitan areas, implying that such policies may have strong redistributive impacts and can be used to fight urban poverty in Brazil. Among the MAs studied, São Paulo presented the highest average rent, independently of the characteristics of the properties. The importance of the present study resides in trying to evaluate the impact of the governmental urban policies through regression analysis, what would allow policy makers to obtain more detailed information on the nature of housing demand - regarding the consumers' preferences for the different attributes of the house and levels of provision of urban services - as well as on the capacity of cost-recovery, and the social impacts of the different housing, sanitation and urban development programs.
Demand for housing and urban services in Brazil: A hedonic approach
da Piedade Morais, Maria (Autor:in) / de Oliveira Cruz, Bruno (Autor:in)
01.01.2015
RePEc:ipe:ipetds:0120
Paper
Elektronische Ressource
Englisch
Assessing Hedonic Indexes for Housing
| NTIS | 1980
HEDONIC MODELING OF HOUSING PURCHASE/SALE DENSITY WITH URBAN CHANGE FACTORS
| DOAJ | 2021
Estimating demand schedules in hedonic analysis: The case of urban parks
| BASE | 2016
Spatiotemporal Controls in Hedonic Housing Price Models
| Online Contents | 1997
Housing Demand, Tenure Choice, and Housing Policy in Brazil
| British Library Conference Proceedings | 2009