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Residential location choice of knowledge-workers: The role of amenities, workplace and lifestyle
Highlights Empirical discrete-choice model of knowledge-workers’ residential location. The model combines classical location factors with new lifestyle-oriented theses. Primary factors are the socio-economic level, housing price and travel time. Cultural land-use and culture-oriented lifestyle have a substantial secondary role.
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.
Residential location choice of knowledge-workers: The role of amenities, workplace and lifestyle
Highlights Empirical discrete-choice model of knowledge-workers’ residential location. The model combines classical location factors with new lifestyle-oriented theses. Primary factors are the socio-economic level, housing price and travel time. Cultural land-use and culture-oriented lifestyle have a substantial secondary role.
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.
Residential location choice of knowledge-workers: The role of amenities, workplace and lifestyle
Frenkel, Amnon (author) / Bendit, Edward (author) / Kaplan, Sigal (author)
Cities ; 35 ; 33-41
2013-06-08
9 pages
Article (Journal)
Electronic Resource
English
Residential location choice of knowledge-workers: The role of amenities, workplace and lifestyle
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