Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

Please note that all times are shown in the time zone of the conference. The current conference time is: 13th Aug 2022, 10:50:51am IST

 
 
Session Overview
Session
Urban growth
Time:
Friday, 08/July/2022:
9:00am - 10:45am

Session Chair: Sahil Gandhi, University of Manchester, United Kingdom
Location: Room B

Room in the Arts Building, Trinity College Dublin. Exact details to be confirmed by May 31

External Resource:
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Presentations

Employment Dispersion and Housing Affordability: Evaluate the Opportunity Areas in London UK

Tong, Lok Man Michelle

CAIA,LSE & Reading Alumni;

The Greater London Authority introduced the Opportunity Area Plan in 2011 that aims to provide significant housing supply and develop business hubs. Around 60% of designated areas completed as of 2016. To evaluate its effectiveness on housing and labour markets, we exploit a combined approach of fuzzy regression discontinuity design, difference-in-differences, and simultaneous equation system. Despite the Plan has led to a surge in housing supply, it has not improved housing affordability since it stimulates spillover to raise neighbouring employment and does not disperse employment surrounding the Areas. We substantiate the employment dispersion effect which is not specially driven by the Opportunity Areas as an effective way to mitigate the affordability problem. The relaxation of greenbelt is another crucial approach to solve the housing crisis.



Teleworking and housing demand

Schulz, Rainer1; Watson, Verity2; Wersing, Martin1

1University of Aberdeen Business School, United Kingdom; 2Health Economics Research Unit, University pf Aberdeen, United Kingdom;

Interventions to slow the spread of the COVID-19 pandemic during 2020 to 2021 required that workers who could work from home did so. We explore the impact of teleworking on housing demand using a survey of a representative sample of the working age population in Scotland. We find that 30% of respondents first experienced teleworking during the pandemic and would like to continue. The impact of pandemic-related teleworking on respondents’ search and moving behaviour is small, however. To elicit respondents’ willingness to pay for different home specifications we use a choice experiment. Estimates of the latent utility function show that respondents prefer homes with high-quality home office space, excellent internet access and those which are closer to public green spaces. In contrast to predictions made about post-pandemic housing demand, respondents prefer to be closer to town centres. For high-quality home-office space, the monthly MWTP is £98. The monthly MWTP for reduced travel distance to the nearest town centre is £5.



 
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