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On Place Safety

Author

Listed:
  • Kauko Tom

    (Independent scholar, Budapest, Hungary)

Abstract

For a long time, social factors have been identified as a set of crucial determinants of residential location choice and property value. Here, safety and security issues constitute a significant issue. Inhabitants are traditionally concerned about their neighborhoods and housing locations, and, considering current problems in big Western cities, this concern is by no means lessening. The study presents a social innovation for assisting the search for safe housing environments. A list of quantifiable key features regarding negative externalities and actual criminality provides the basis for constructing a checklist for the comparison of safe places within a city, or comparing cities with respect to their safety for housing occupants, investors, developers and other stakeholders. The controversial nature of the argumentation notwithstanding, this method is suggested to prove valuable in circumstances marred by increasing social hazards and turmoil.

Suggested Citation

  • Kauko Tom, 2022. "On Place Safety," Real Estate Management and Valuation, Sciendo, vol. 30(1), pages 65-70, March.
    • Handle: RePEc:vrs:remava:v:30:y:2022:i:1:p:65-70:n:5
    DOI: 10.2478/remav-2022-0006
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    References listed on IDEAS

    as
    1. Lena Magnusson Turner & Terje Wessel, 2019. "Housing market filtering in the Oslo region: pro-market housing policies in a Nordic welfare-state context," European Journal of Housing Policy, Taylor and Francis Journals, vol. 19(4), pages 483-508, October.
    2. Terje Wessel & Viggo Nordvik, 2019. "Mixed neighbourhoods and native out-mobility in the Oslo region: The importance of parenthood," Urban Studies, Urban Studies Journal Limited, vol. 56(5), pages 885-905, April.
    3. Lena Magnusson Turner & Terje Wessel, 2019. "Housing market filtering in the Oslo region: pro-market housing policies in a Nordic welfare-state context," International Journal of Housing Policy, Taylor & Francis Journals, vol. 19(4), pages 483-508, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    location choice; property value; safety; security; social innovation;
    All these keywords.

    JEL classification:

    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
    • R33 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Nonagricultural and Nonresidential Real Estate Markets

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