Quotation Smet, Koen, Nagl, Elisabeth, Rätzer, Florian, Scherer, Thomas Nakon, Schuster, Julia, Steiner, Christoph. 2015. From Land to Housing - A GPN approach of Salzburg.


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Abstract

This paper takes a closer look on the production processes of housing and opens up the black box of the land-housing nexus. By means of the GPN approach different stakeholders are identified and the intra- and inter-firm relations are analysed. The outcome, which is based on interviews set in the context of Salzburg, shows a tendency towards vertical integration. Moreover, the influence of the financial sector as well as of regulation cannot be neglected. Whereas the turbulences of the financial and economic crisis made credit providers more prudent, (private) investors re-discovered residential real estate as an attractive financial asset. The GPN of housing is subject to different regulations. In the case of Salzburg the strict regulation of building areas as well as the organisation of a state-aided housing segment creates the basis of different sub-markets.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Working/discussion paper, preprint
Language English
Title From Land to Housing - A GPN approach of Salzburg
Year 2015

Associations

People
Smet, Koen (Details)
External
Nagl, Elisabeth (University of Salzburg, Austria)
Rätzer, Florian (University of Salzburg, Austria)
Scherer, Thomas Nakon (University of Salzburg, Austria)
Schuster, Julia (University of Salzburg, Austria)
Steiner, Christoph (University of Salzburg, Austria)
Organization
Institute for Institutional and Heterodox Economics IN (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
1807 Economic geography (Details)
5300 Economics (Details)
5309 Foreign aid (Details)
5325 Political economics (Details)
5335 Political economic theory (Details)
5344 Foreign trade (Details)
5611 Urban and regional analysis (Details)
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