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Sustainability 2017, 9(4), 536; doi:10.3390/su9040536

Demographic Changes and Real Estate Values. A Quantitative Model for Analyzing the Urban-Rural Linkages

1
Department of Political, Social and Communication Sciences, University of Salerno, Via Giovanni Paolo II, 132, 84084 Fisciano (SA), Italy
2
Department of Civil Engineering, University of Salerno, Via Giovanni Paolo II, 132, 84084 Fisciano (SA), Italy
*
Author to whom correspondence should be addressed.
Academic Editors: Federico Martellozzo and Beniamino Murgante
Received: 26 February 2017 / Revised: 22 March 2017 / Accepted: 27 March 2017 / Published: 31 March 2017
View Full-Text   |   Download PDF [20359 KB, uploaded 1 April 2017]   |  

Abstract

Vast metropolitan areas include both urban areas and rural outskirts. Between these areas, there are strong links to the point which they cannot be examined separately. There is a contemporary presence of residential function and working activity in the rural outskirts, as well as in the typical sector of agriculture. Therefore, the production of goods and services for the city requires a combined analysis, due to the large territory which it has to consider. The evolution of the population of such a large territory can be studied in great detail, with reference to the single census area and with the use of Geographic Information Systems (GIS). This means that such a demographic development produces an effect on the values of the urban real estate. This work demonstrates the existing interconnections between urban areas and rural outskirts. Data collection on trends of the population living in the Naples metropolitan area and the house prices associated with this area, and the post spatial processing of such data, allows for the establishment of thematic maps according to which a model capable of interpreting the population development is defined. A study of the statistical correlations shows the consequences that the population dynamics produce for property prices. In addition, the diachronic analysis of the sales prices of residential buildings demonstrates that economic functions, exclusive of certain urban or rural territories, end up distributing and integrating. View Full-Text
Keywords: urban areas; rural outskirts; demographic dynamics; urban real estate values; territorial planning; Geographic Information Systems; urban growth models urban areas; rural outskirts; demographic dynamics; urban real estate values; territorial planning; Geographic Information Systems; urban growth models
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Bencardino, M.; Nesticò, A. Demographic Changes and Real Estate Values. A Quantitative Model for Analyzing the Urban-Rural Linkages. Sustainability 2017, 9, 536.

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