Springer Modelling the Socio-Economic Implications of Sustainability Issues in the Housing Market: A Stated Choice Experimental Approach

This book discusses sustainable housing issues in urban areas throughout the Global South, revealing their complexity in terms of urban dynamics, housing markets and human interactions with the environment. Its main focus is on the location of graves within private residences, cemeteries in the immediate vicinity of private residences, and the implications of these factors for renters’ choices and rents.  The book addresses the economics of land use for graves in connection with housing choices and the implications for the rented sector of the property market. By means of several model-based simulations, it demonstrates that the neoclassical economics remedy to the negative externality of graves in or near private residences remains generally unacceptable.   Providing readers with a clear understanding of tenants’ priorities in their choice of housing, as well as a new approach to the negative externality of graves in the rented sector, the book will be of interest to policymakers, urban planners, investors in residential housing and land economists alike.   From the Back Cover This book discusses sustainable housing issues in urban areas throughout the Global South, revealing their complexity in terms of urban dynamics, housing markets and human interactions with the environment. Its main focus is on the location of graves within private residences, cemeteries in the immediate vicinity of private residences, and the implications of these factors for renters’ choices and rents.  The book addresses the economics of land use for graves in connection with housing choices and the implications for the rented sector of the property market. By means of several model-based simulations, it demonstrates that the neoclassical economics remedy to the negative externality of graves in or near private residences remains generally unacceptable.   Providing readers with a clear understanding of tenants’ priorities in their choice of housing, as well as a new approach to the negative externality of graves in the rented sector, the book will be of interest to policymakers, urban planners, investors in residential housing and land economists alike.   About the Author Dr Solomon Pelumi AKINBOGUN is a Postdoctoral Research Fellow at the Department of Construction Management and Quantity Surveying of the University of Johannesburg, Republic of South Africa. He is also an Academic at the Department of Estate Management, School of Environmental Technology, Federal University of Technology, Akure Nigeria. DrAkinbogun obtained his PhD in June 2015 at the Institute for Housing, Urban and Real Estate Research of the School of Energy Geoscience Infrastructure and Society (formerly known as School of Built Environment), Heriot Watt University, Edinburgh United Kingdom. Prior to that, he got his B.Tech (Hons) and M.Tech.Degree in Estate Management from Federal University of Technology Akure Nigeria in Year 2001 and 2007 respectively. His research focus is domiciled in real estate economics and provides a narrative of the implications of externality on housing choice and property values. He has published articles in this regard in several top journals. DrAkinbogun is a reviewer to reputable refereed journals such as International Journal of Housing Market and Analysis, Journal of Facilities Management etc. He is a member of the Royal Institution of Chartered Surveyors (RICS) and the Nigerian Institution for Estate Surveyors and Valuers. Professor Clinton Aigbavboa, is a Professor of Sustainable Human Settlement at the University of Johannesburg. His research interests are situated in the fields of sustainable human development, with the focus on: sustainable housing regeneration (urban renewal and informal housing), Life Cycle Assessment in the Construction Industry, remanufacturing, leadership in low-income housing, Biomimicry, post occupancy evaluation and green job creation. Before joining