Land resumption in Hong Kong, which involves involuntary displacement in contemporary development projects, deliberately targets nonindigenous villages, where many residents are landless farmers. In this article, we examine the risks and impacts associated with such displacement of the...

The purpose of this paper is to develop a novel tenant mix model for shopping malls from an analogy of ecological theories. This study empirically investigated the tenant species-area relationship and tenant species-abundance distribution in shopping malls. By a sample of 25 shopping malls are...

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...

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...

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...

Although many studies have found that unemployment has a negative effect on housing prices, the explanation put forward for this effect, that is, uncertainty over the ability to repay long term mortgage loans, has not been empirically tested. This paper attempts to empirically test this...

PurposeThis study hypothesises that sale and leaseback (SLB) cap rate is lower than the market cap rate in emerging economies, and the difference is due to institutional cost and vacancy risk. This study aims to provide a novel SLB-Cap-Rate Model to assess the performance of SLB transaction...

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...

There are substantial rebounds in house prices in many developed economies after the outbreak of COVID-19. It provides a special opportunity to test the real interest rate hypothesis empirically as a “synchronized” price rebound implies a common cause of house price hikes across the...