Real Estate & Planning Research Seminar by Associate Professor Edward Yiu from Auckland University Business School "The heterogeneous impacts of widespread upzoning: Lessons from Auckland, New Zealand
You are cordially invited to attend the Real Estate and Planning Research Seminar by Associate Professor Edward Yiu from University of Auckland Business School
![Edward Yiu](https://henley.imgix.net/v3/commonImages/Edward-Yiu.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=540&q=80&w=720)
Event information | |
---|---|
Date | 13 March 2024 |
Time | 12:00-13:00 (Timezone: Europe/London) |
Venue | Henley Business School |
Event types: |
If you are a guest external to the University and would like to attend our Seminar, please contact our Department School Office at repschooloffice@reading.ac.uk.
Bio: Edward Yiu is the Disciplinary Area Lead for Property and Associate Professor at University of Auckland Business School. His research focus is on Urban Economics, Retail Management and Housing Issues. He has developed the Spatial Portfolio Theory and the Retail Tenant Mix Model. By profession, He is a Fellow member of the Royal Institution of Chartered Surveyors and a member of the Hong Kong Institute of Surveyors, and was the elected candidate representing the Architectural, Surveying, Planning and Landscape Functional Constituency in the Hong Kong Legislative Council in 2016.
Abstract: Zoning reform is increasingly recognised as an important strategy to increase housing affordability and environmental sustainability. Few cities have undertaken significant upzoning of low-density neighbourhoods, making the 2016 Auckland Unitary Plan (AUP) probably the most ambitious zoning reform in the world. Parcels zoned for single houses previously dominated Auckland, but three-quarters of them now allow multiple units. Existing studies have documented the building boom that followed this zoning reform, yet the relatively rare case offers additional insights. In this article, we use appraisal, census and zoning data on over 200,000 parcels in Auckland to answer three research questions about the heterogeneous impacts of the AUP. First, to what extent did upzoning increase the appraised value of properties’ redevelopment options? Second, did upzoning increase appraised property values to a greater degree in higher-income and more centrally located neighbourhoods? Finally, was zoning reform in Auckland significantly influenced by similar political pressures as in other countries? That is, was upzoning less likely (and downzoning more likely) in higher-income neighbourhoods? The answers to these three questions are substantially, it’s complicated, and yes.
You might also like
Coaching Research Series - Ending with GOODBYES: An Exploration into the Ending of the Coaching Relationships - Derek Hill
IRC Research Seminar, presented by Dr Daniel Gozman: "FinTech ecosystem practices shaping financial inclusion: The case of mobile money in Ghana"
The Courageous Coach – Developing your Courage - Building Skills so you can Coach with more Confidence and Clarity - Melissa Hague
This site uses cookies to improve your user experience. By using this site you agree to these cookies being set. You can read more about what cookies we use here. If you do not wish to accept cookies from this site please either disable cookies or refrain from using the site.