IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2016_242.html
   My bibliography  Save this paper

Shrinking Villages – Vacancy Management and Image Development

Author

Listed:
  • Claus Muller
  • Ben Gabriel
  • Kristin Wellner

Abstract

The interest in vacantness in Germany was dominated by urban shrinkage for a long time. Federal aid programs like Stadtumbau Ost and West supported urban remodeling, deconstruction and development in cities and medium-sized towns. In the course of the contemporary trend of reurbanization, a turnaround seems to be accomplished, at least for the larger cities a steady growth can be noticed. The rural regions show the contrary picture. During the 1990s these areas profited from catch-up effects in the construction of single-family homes, but due to the difficult situation on the labour market, the trend could not be perpetuated. Even young families, formerly attracted by bounteous space and green surroundings, tend to favor an urban lifestyle nowadays. So, neither the natural population decline due to demographic effects, nor the exodus of education and labour migrants can be compensated.This rural shrinkage causes several problems for municipalities as well as for property owners. Obviously, the weakened demand for real estate drives a devaluation of property. Long-term vacancies usually cause visual and structural decay, which also reduce the attractiveness of surroundings and facilitates a negative image in the public. The decline in rural population leads to an under-usage of social and technical infrastructure. Schools and Shops are therefore closed, public transport timetables are thinned out and the fixed maintenance cost for sewage or water supply have to be carried by less households. In this way, shrinking regions are in danger to enter a vicious circle of decay and therefore further shrinkage.In recent years, various measures to secure services to the public in far-flung areas have been developed. Also, a range of tools to manage vacancy, like real estate cadastres or online vacancy detectors, were applied in different regions.Since the problems differ strongly between each region, village and even property, procedures are not easily transferable. Taking a closer look at a wide range of measures and the individual challenges, a toolbox is to be created to counter rural exodus and the devaluation of property, to strengthen local identity and improve the public image, as well as to secure the supply of the remaining population with goods and services. This integrated set of measures tackles the local issues on the different levels of municipality, village and single property. Due to its flexible applicability the toolbox is transferable widely.

Suggested Citation

  • Claus Muller & Ben Gabriel & Kristin Wellner, 2016. "Shrinking Villages – Vacancy Management and Image Development," ERES eres2016_242, European Real Estate Society (ERES).
  • Handle: RePEc:arz:wpaper:eres2016_242
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2016-242
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    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:arz:wpaper:eres2016_242. 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: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    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.