Correlation between building attributes and room rates for private home rentals converted from quaint old houses in Osaka City through a hedonic approach
Abstract Two groups of hedonic price models were constructed, one for quaint old private home rentals and the other for non‐quaint old private home rentals. In the case of quaint old private home rentals, a higher presence of traditional design corresponded to higher room rates. In the case of non‐q...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2021-04-01
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| Series: | Japan Architectural Review |
| Subjects: | |
| Online Access: | https://doi.org/10.1002/2475-8876.12218 |
| _version_ | 1819096768457998336 |
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| author | Rei Kondo Daisuke Matsushita |
| author_facet | Rei Kondo Daisuke Matsushita |
| author_sort | Rei Kondo |
| collection | DOAJ |
| description | Abstract Two groups of hedonic price models were constructed, one for quaint old private home rentals and the other for non‐quaint old private home rentals. In the case of quaint old private home rentals, a higher presence of traditional design corresponded to higher room rates. In the case of non‐quaint old private home rentals, closer distances to a train station and higher roadside land prices corresponded to higher room rates. A potential market was found for private home rentals of homes converted from old houses that had lost their market value as residences. |
| first_indexed | 2024-12-22T00:04:27Z |
| format | Article |
| id | doaj.art-642b5a3322b643328d4d12ce9ed3da4f |
| institution | Directory Open Access Journal |
| issn | 2475-8876 |
| language | English |
| last_indexed | 2024-12-22T00:04:27Z |
| publishDate | 2021-04-01 |
| publisher | Wiley |
| record_format | Article |
| series | Japan Architectural Review |
| spelling | doaj.art-642b5a3322b643328d4d12ce9ed3da4f2022-12-21T18:45:35ZengWileyJapan Architectural Review2475-88762021-04-014238239010.1002/2475-8876.12218Correlation between building attributes and room rates for private home rentals converted from quaint old houses in Osaka City through a hedonic approachRei Kondo0Daisuke Matsushita1Department of Environmental Design Graduate School of Human Life Science Osaka City University Osaka JapanDepartment of Environmental Design Graduate School of Human Life Science Osaka City University Osaka JapanAbstract Two groups of hedonic price models were constructed, one for quaint old private home rentals and the other for non‐quaint old private home rentals. In the case of quaint old private home rentals, a higher presence of traditional design corresponded to higher room rates. In the case of non‐quaint old private home rentals, closer distances to a train station and higher roadside land prices corresponded to higher room rates. A potential market was found for private home rentals of homes converted from old houses that had lost their market value as residences.https://doi.org/10.1002/2475-8876.12218traditional designsprivate home rentalshedonic approachsharing economyaccommodation pricing |
| spellingShingle | Rei Kondo Daisuke Matsushita Correlation between building attributes and room rates for private home rentals converted from quaint old houses in Osaka City through a hedonic approach Japan Architectural Review traditional designs private home rentals hedonic approach sharing economy accommodation pricing |
| title | Correlation between building attributes and room rates for private home rentals converted from quaint old houses in Osaka City through a hedonic approach |
| title_full | Correlation between building attributes and room rates for private home rentals converted from quaint old houses in Osaka City through a hedonic approach |
| title_fullStr | Correlation between building attributes and room rates for private home rentals converted from quaint old houses in Osaka City through a hedonic approach |
| title_full_unstemmed | Correlation between building attributes and room rates for private home rentals converted from quaint old houses in Osaka City through a hedonic approach |
| title_short | Correlation between building attributes and room rates for private home rentals converted from quaint old houses in Osaka City through a hedonic approach |
| title_sort | correlation between building attributes and room rates for private home rentals converted from quaint old houses in osaka city through a hedonic approach |
| topic | traditional designs private home rentals hedonic approach sharing economy accommodation pricing |
| url | https://doi.org/10.1002/2475-8876.12218 |
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