Is smaller housing size a consequence of land price policies and building permit regulations?

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Fältnamn	Indikatorer	Metadata
000		02642nam a2200265 4500
001		oai:DiVA.org:kth-276735
003		SwePub
008		200616\| \| \|\|\|\|\|\|\|\|\|\|\|000 \|\|eng\|
024	7	a https://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-2767352 URI
040		a (SwePub)kth
041		a engb eng
042		9 SwePub
072	7	a vet2 swepub-contenttype
072	7	a ovr2 swepub-publicationtype
100	1	a Engerstam, Sviatlanau KTH,Fastighetsekonomi och finans4 aut0 (Swepub:kth)u1xxvk6j
245	1 0	a Is smaller housing size a consequence of land price policies and building permit regulations?
338		a electronic2 rdacarrier
520		a We can observe a trend of smaller housing units in new residential construction in many countries with rapid urban growth. It is of interest to recognize the driving forces that are behind this trend because if it sustains in the long run, as both positive and negative consequences for sustainable development of the housing market can be expected. Therefore, the purpose of this paper is to examine the main underlying factors affecting the average size of apartments in new construction in metropolitan areas in Sweden. Panel data methodology applied in the analysis. The model uses the average size of an apartment in new housing construction as a function of the changes in the population, apartment prices, mortgage interest rates, rents, land prices, building permits per capita. We estimate the interrelationship between apartment size and these variables through simultaneous equation models. The data covers both the rental and the cooperative housing sectors over 24-28 years depending on availability of variables. The analysis demonstrates that the land values and building policies, along with market fundamentals, are the underlying factors that affect the average size of an apartment in new residential construction. Opposite to previous studies that focus on explaining the number of new housing, we analyze the average size of new housing units and factors that affect it on an aggregated level.
650	7	a SAMHÄLLSVETENSKAPx Ekonomi och näringsliv0 (SwePub)5022 hsv//swe
650	7	a SOCIAL SCIENCESx Economics and Business0 (SwePub)5022 hsv//eng
700	1	a Warsame, Abukaru KTH,Fastighetsekonomi och finans4 aut0 (Swepub:kth)u1jo77ld
700	1	a Wilhelmsson, Matsu KTH,Fastighetsekonomi och finans4 aut0 (Swepub:kth)u1p38x2k
710	2	a KTHb Fastighetsekonomi och finans4 org
856	4	u https://kth.diva-portal.org/smash/get/diva2:1442016/FULLTEXT01.pdfx primaryx Raw objecty fulltext
856	4 8	u https://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-276735

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