New Zealand is a multi-ethnic society that embraces multiculturism. Many studies have examined how the size of the minority population affects residential property values. However, very few studies have recognised that the qualities of neighbourhoods may cause such price differentials. We use...

Purpose – Achieving a balanced tenant mix is a long-standing discourse in the retailing and consumer marketing literature. This paper applies the Island Species-Area-Energy (ISAER) model from biogeography to theorise tenant mix equilibrium. A five-factor tenant mix model is developed....

Touristification is an emerging concept used to enable the understanding of how various stakeholders interfere and transform a neighbourhood through tourist activities. This study develops a touristification rent gap theory to examine how an influx of tourists causes an increase in retail rents....

Conventional wisdom suggests that non-local buyers usually pay a premium for home purchases. While the standard contract theory predicts that non-local buyers may pay such a price premium because of the higher cost of gathering information, behavioral economists argue that the premium is due to...

Providing affordable housing has become one of China’s key national policy agenda items. The shared-equity model in Hong Kong, implemented since the late 1970s, has assisted many families in owning a home in the public housing market. However, little attention has been paid to their welfare...

While governments around the world are embarking on the path to recovery from the COVID-19 crisis, sustainable tourism planning is crucial, in particular in the hospitality sector, which enhances the resilience of destinations. However, many destination management models overlook the role of...

Over the past decade, the global rise of home-sharing platforms such as Airbnb has catalysed the process of “touristification” in major cities. “Touristification” is a term which has been recently used to describe a process which leads to the transformation of a community into a tourism...

Since the outbreak of COVID-19, work-from-home (WFH) and e-commerce have become much more common in many cities. Many news reports have contended that households are leaving city centres and moving into bigger and better houses in the suburbs or rural areas. This emerging trend has been...

Shared equity homeownership is a housing finance model that uses public investments to subsidise families with modest incomes to purchase homes. However, the shared equity model is argued to constrain homeowners from moving because of its resale period and price restrictions. While many studies...

Achieving higher urban density has become a core principle of the contemporary planning profession as a part of sustainable city development. Both positive and negative externalities of housing density are well-recognised in urban studies. However, very little is known about the net housing...