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Filtering (housing)
In housing economics, filtering is the process by which a housing unit becomes more affordable with age. In markets with sufficient housing supply, homes will command the highest prices and rents when brand new, and depreciate over time as they get older. Thus new constructions will tend to be occupied by higher-income groups at first, but successively ''filter'' (become accessible) to lower-income groups. Importantly, filtering depends upon sufficient supply (either from new construction in a growing area, or depopulation — see Housing in Japan). In markets with insufficient housing supply, reverse or upward filtering can occur. This is when units once occupied by lower-income residents quickly appreciate and become occupied by higher-income residents (see also gentrification). As a consequence, increased supply in new market-rate housing (which tends to be occupied by higher-income individuals) is associated with increased housing affordability for lower-income individuals, ...
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HK STT 石塘咀 Shek Tong Tsui 德輔道西 Des Voeux Road West Shop Property Agent Window Display Signs February 2022 Px3 01
Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a Special administrative regions of China, special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the List of countries and dependencies by population density, fourth most densely populated region in the world. Hong Kong was established as a British Hong Kong, colony of the British Empire after the Qing dynasty ceded Hong Kong Island in 1841–1842 as a consequence of losing the First Opium War. The colony expanded to the Kowloon Peninsula in 1860 and was further extended when the United Kingdom obtained a 99-year lease of the New Territories in 1898. Hong Kong was Japanese occupation of Hong Kong, occupied by Empire of Japan, Japan from Battle of Hong Kong, 1941 to Liberation Day (Hong Kong), 1945 during World War II. The territory was Handover of Hong Kong, handed over from the United Kingdom to China in 1997. Hong Kong maintains separate govern ...
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Real Estate Economics
Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand. The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business and structural changes affecting the industry. Both draw on partial equilibrium analysis (supply and demand), urban economics, spatial economics, basic and extensive research, surveys, and finance. Overview of real estate markets The main participants in real estate markets are: * Users: These people are both owners and tenants. They purchase houses or commercial property as an investment and also to live in or utilize as a business. Businesses may or may not require buildings to use land. The land can be used in other ways, such as for agriculture, forestry or mining. * Owners: These people are pure investors. They do not occupy the real ...
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Housing In Japan
Housing in Japan includes modern and traditional styles. Two patterns of residences are predominant in contemporary Japan: the single-family detached house and the multiple-unit building, either owned by an individual or corporation and rented as apartments to tenants, or owned by occupants. Additional kinds of housing, especially for unmarried people, include boarding houses (which are popular among college students), dormitories (common in companies), and barracks (for members of the Japan Self-Defense Forces, police and some other public employees). An unusual feature of Japanese housing is that houses are presumed to have a limited lifespan, and are often torn down and rebuilt after a few decades, generally twenty years for wooden buildings and thirty years for concrete buildings – see regulations for details. Renovating houses, rather than rebuilding them, is a relatively uncommon practice in Japan, though its prevalence is increasing, indicating that attitudes towards ...
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Gentrification
Gentrification is the process whereby the character of a neighborhood changes through the influx of more Wealth, affluent residents (the "gentry") and investment. There is no agreed-upon definition of gentrification. In public discourse, it has been used to describe a wide array of phenomena, sometimes in a pejorative connotation. Gentrification is a common and controversial topic in urban politics and urban planning, planning. Gentrification often increases the Value (economics), economic value of a neighborhood, but can be controversial due to changing Demography, demographic composition and potential displacement of incumbent residents. Gentrification is more likely when there is an undersupply of housing and rising home values in a metropolitan area. The gentrification process is typically the result of increasing attraction to an area by people with higher incomes spilling over from neighboring cities, towns, or neighborhoods. Further steps are increased Socially responsib ...
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Syracuse University
Syracuse University (informally 'Cuse or SU) is a Private university, private research university in Syracuse, New York, United States. It was established in 1870 with roots in the Methodist Episcopal Church but has been nonsectarian since 1920. Located in the city's University Hill, Syracuse, University Hill neighborhood, east and southeast of downtown Syracuse, the large campus features an eclectic mix of architecture, ranging from nineteenth-century Romanesque Revival architecture, Romanesque Revival to contemporary buildings. Syracuse University is organized into 13 schools and colleges and is Carnegie Classification of Institutions of Higher Education, classified among "R1: Doctoral Universities – Very high research activity". Syracuse University athletic teams, the Syracuse Orange, Orange, participate in 20 intercollegiate sports. SU is a member of the Atlantic Coast Conference (ACC) for all NCAA Division I athletics, except for the College rowing (United States), men's ...
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National Multifamily Housing Council
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Book Store, a bookstore and office supplies chain in the Philippines * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900–1924 * National Radio Company, Malden, Massachusetts, USA 1914–1991 * National Supermarket ...
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Urban Studies And Planning Terminology
Urban means "related to a city". In that sense, the term may refer to: * Urban area, geographical area distinct from rural areas * Urban culture, the culture of towns and cities Urban may also refer to: General * Urban (name), a list of people with the given name or surname * ''Urban'' (newspaper), a Danish free daily newspaper * Urban contemporary music, a radio music format * Urban Dictionary * Urban Outfitters, an American multinational lifestyle retail corporation * Urban Records, a German record label owned by Universal Music Group Place names in the United States * Urban, South Dakota, a ghost town * Urban, Washington, an unincorporated community See also * New Urbanism, urban design movement promoting sustainable land use * Pope Urban (other), the name of several popes of the Catholic Church * Urban cluster (other) * Urban forest inequity, inequitable distribution of trees, with their associated benefits, across metropolitan areas * Urban forestry ...
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Urban Economics
Urban economics is broadly the economic study of urban areas; as such, it involves using the tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance. More specifically, it is a branch of microeconomics that studies the urban spatial structure and the location of households and firms . Historically, much like economics generally, urban economics was influenced by multiple schools of thought, including original institutional economics and Marxist economics. These heterodox economic currents continue to be used in contemporary political-economic analyses of cities. But, most urban economics today is neoclassical in orientation and centred largely around urban experiences in the Global North. This dominant urban economics also influences mainstream media like ''The Economist.'' Today, much urban economic analysis relies on a particular model of urban spatial structure, the monocentric city model pioneered in the 1960s ...
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