IDEAS home Printed from https://ideas.repec.org/a/taf/deveza/v37y2020i2p197-216.html
   My bibliography  Save this article

University population expenditure and its impact on real estate demand: Evidence from South Africa

Author

Listed:
  • David Dyason

Abstract

A university campus has an ability to attract consumers from outside the region who spend locally to the benefit of the local economy and in particular the real estate market. This article identifies the real estate benefit to the host city from staff and student spending. The Potchefstroom Campus of the North-West University in South Africa is used as an example and real estate demand modelling is applied to estimate the real estate space demand benefit to the host city. In 2016, the R2.2 billion expenditure by staff and students spilled over into a healthy demand for floor space in the city. A steady increase in on-campus, full-time students and a corresponding increase in staff numbers will continue to benefit the demand for real estate. However, this close relationship between university enrolments and activity in the real estate market could similarly be constrained if spending is under pressure.

Suggested Citation

  • David Dyason, 2020. "University population expenditure and its impact on real estate demand: Evidence from South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 37(2), pages 197-216, March.
    • Handle: RePEc:taf:deveza:v:37:y:2020:i:2:p:197-216
    DOI: 10.1080/0376835X.2018.1557510
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/0376835X.2018.1557510
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/0376835X.2018.1557510?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:deveza:v:37:y:2020:i:2:p:197-216. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CDSA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.