Abstract
As there is a reciprocal relationship between the patterns of investor decisions, local and central government strategies, household mobility, and housing transactions have repercussions on both macro and micro scales. Housing transactions within a metropolitan region can alter certain neighbourhood dynamics through the cycle of housing sales regarding urban development patterns, socio-economic characteristics of the residents, tenure type, neighbourhood, and housing quality. Even though the connection between neighbourhood dynamics and housing transactions is undeniable for spatial disci-plines, there are very limited studies for that matter. This study aims to explore the housing market dynamics of Menteşe via housing transactions. It employs three different datasets (Open Street Map (i), Household, housing and office data collected by the Turkish Statistical Institute (ii), Title deed transaction statistics by The Directorate of Land Registry and Cadastre (iii)). For spatial heterogeneity, Moran’s I, and spatial randomness, a local indicator of spatial association (LISA) has been applied. The findings revealed the role of centrality and the importance of mixed land use in housing markets even though all the neighborhoods on the periphery are very close to the city center in terms of distance.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Pamukkale University Journal of Social Sciences Institute
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.