Demand Characteristic of Private Student Housing and Its Implication on Sustainable Urban Growth Management
Abstract
The effect of university campus on its surrounding has attracted the attention of scholars recently. Instead of causing a phenomenon namely studentification, the student-led gentrification, it may also increase competitiveness in the local housing market. The growth of student housing has to be managed, to ensure that the effect of student housing to the campus surrounding area does not hamper the sustainability of urban development. Therefore, it is important to understand the demand characteristics of student housing within a locality, as a basis to formulate a proper policy to manage the growth of student housing. This research uses Sleman Regency in Yogyakarta, a middle-sized city in Indonesia, as a case study area. As a host for more than 100 public and private Higher Education Institutions, the demand for private student housing is considered as high in this area. By utilizing Hedonic Price Model (HPM), this research may reveal several characteristics of student housing in the case study area. Despite facilities provided by the building owner, such as room furniture and air conditioner are considered as important for the renters, the model result shows that the distance from the student housing to the campus is regarded as not statistically significant. Facing the challenge on managing urban growth, this research may alert local government in the case study area to put more attention on managing the private student housing growth.
References
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Hussain, T., Abbas, J., Wei, Z., & Nurunnabi, M. (2019). The effect of sustainable urban planning and slum disamenity on the value of neighboring residential property: Application of the hedonic pricing model in rent price appraisal. Sustainability (Switzerland), 11(4), 1–20. https://doi.org/10.3390/su11041144
Jolivet, V., Reiser, C., Baumann, Y., & Gonzalès, R. (2022). Before displacement: studentification, campus-led gentrification and rental market transformation in a multiethnic neighborhood (Parc-Extension, Montréal). Urban Geography, April 2023,
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Lederer, A. M., Hoban, M. T., Lipson, S. K., Zhou, S., & Eisenberg, D. (2021). More Than Inconvenienced: The Unique Needs of U.S. College Students During the COVID-19 Pandemic. Health Education and Behavior, 48(1), 14–19. https://doi.org/10.1177/1090198120969372
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Munggiarti, A.; Buchori, I. (2015). Pengaruh Keberadaan Perguruan Tinggi Terhadap Perubahan Morfologi Kawasan Sekitarnya. Geoplanning, 2(1), 51–68.
Nijënstein, S., Haans, A., Kemperman, A. D. A. M., & Borgers, A. W. J. (2015). Beyond demographics: human value orientation as a predictor of heterogeneity in student housing preferences. Journal of Housing and the Built Environment, 30(2), 199–217. https://doi.org/10.1007/s10901-014-9402-9
Pradana, P. J., Setijanti, P., & Septanti, D. (2019). Boarding House Preferences by Middle Up Class Students in Surabaya. International Journal of Engineering Research and Advanced Technology, 05(02), 38–45. https://doi.org/10.31695/ijerat.2019.3379
Pua, Marshel; Rogi, Octavianus A.H.; Sembel, A. (n.d.). Pengaruh Keberadaan Kampus UNSRAT Terhadap Perubahan Pemanfaatan Lahan di Kelurahan Bahu dan Kelurahan Kleak Manado.
Revington, N., & August, M. (2020). Making a market for itself: The emergent financialization of student housing in Canada. Environment and Planning A, 52(5), 856–877. https://doi.org/10.1177/0308518X19884577
Revington, N., Zwick, A., Hartt, M., & Schlosser, J. (2023). Universities and urban social structure: gentrification, studentification, and youthification in five United States legacy cities. Urban Geography, 44(1), 83–104. https://doi.org/10.1080/02723638.2021.1985306
Ribeiro, P. J. G., & Fonseca, F. (2022). Students’ home-university commuting patterns: A shift towards more sustainable modes of transport. Case Studies on Transport Policy, 10(2), 954–964. https://doi.org/10.1016/j.cstp.2022.03.009
Rosen, S. (1974). Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition. Journal of Political Economy, 34–55.
Rosiers, F. Des, & Thériault, M. (2006). Mass Appraisal, Hedonic Price Modelling and Urban Externalities: Understanding Property Value Shaping Processes By Advances in Mass Appraisal Methods Seminar,.
Saitluanga, B. L., & Hmangaihzela, L. (2022). Transport Mode Choice Among Off-Campus Students in a Hilly Environment: the Case of Aizawl, India. Transport Problems, 17(3), 163–172. https://doi.org/10.20858/tp.2022.17.3.14
Thomsen, J., & Eikemo, T. A. (2010). Aspects of student housing satisfaction: A quantitative study. Journal of Housing and the Built Environment, 25(3), 273–293. https://doi.org/10.1007/s10901-010-9188-3
Tumbelaka, Vanessa; Kindangen, Jefrey I.; Rengkung, J. (2019). Morfologi Kawasan Permukiman Akibat Keberadaan Kampus Universitas Sam Ratulangi di Kelurahan Bahu dan Kleak. Spasial, 6(1), 59–67.
Ulyani, N., Najib, M., Aini, N., & Akhavan, A. (2015). Living in On- campus Student Housing : Students ’ behavioural intentions a nd students ’ personal attainments. Procedia - Social and Behavioral Sciences, 170, 494–503. https://doi.org/10.1016/j.sbspro.2015.01.052
Verschuren, Piet; Dooreward, H. (2010). Research Strategies. In Designing a Research Project
(pp. 155–186). Eleven International Publishing.
Yilmaz, O., Talavera, O., & Jia, J. Y. (2022). Rental Market Liquidity, Seasonality, and Distance to Universities. International Journal of the Economics of Business, 29(2), 223–239. https://doi.org/10.1080/13571516.2022.2033078
Zhang, M., & Wang, L. (2013). Research in Transportation Economics The impacts of mass transit on land development in China : The case of Beijing. Research in Transportation Economics, 40(1), 124–133. https://doi.org/10.1016/j.retrec.2012.06.039
Zhong, R., Zhao, W., Zou, Y., & Mason, R. J. (2018). University Campuses and Housing Markets: Evidence from Nanjing. Professional Geographer, 70(2), 175–185. https://doi.org/10.1080/00330124.2017.1325750
Amole, D. (2009). Residential satisfaction in students ’ housing. Journal of Environmental Psychology, 29, 76–85. https://doi.org/10.1016/j.jenvp.2008.05.006
Blatter, J., & Blume, T. (2008). In search of co-variance, causal mechanisms or congruence? Towards a plural understanding of case studies. Swiss Political Science Review, 14(2), 315–356. https://doi.org/10.1002/j.1662-6370.2008.tb00105.x
Chang, Z. (2017a). Non-local Students, Housing Demand and Rental Impact: Evidence from Mainland Students in Hong Kong. International Real Estate Review, 20(4), 525–548.
Chang, Z. (2017b). Non-local Students , Housing Demand and Rental Impact : Evidence from Mainland Students in Hong Kong. International Real Estate Review, 20(4), 525–548. Charbonneau, P., Johnson, L. C., & Andrey, J. (2006). Characteristics of university student housing and implications for urban development in mid-sized cities. Canadian
Journal of Urban Research, 15(2), 278–300.
Evans, A. W. (2004). Land Values, Rents and Demand. In Economics, Real Estate, and the Supply of Land (pp. 11–29). Blackwell Publishing.
Fields, T. J. (2011). A Hedonic Model for Off-Campus Student Housing: The Value of Location, Location, Location [Ball State University]. In Ball State University. http://ctic- cita.es/fileadmin/redactores/Explora/Tecnica_valoriz_ANICE.pdf%0Ahttp://bvssan.i ncap.org.gt/local/file/T469.pdf%0Ahttps://dspace.ups.edu.ec/bitstream/123456789/1 586/15/UPS-
CT002019.pdf%0Ahttp://www.bdigital.unal.edu.co/6259/%0Ahttp://onlinelibrary.wi l
Fields, T. J., Earhart, C., Liu, T., & Campbell, H. (2013). A Hedonic Model for Off-Campus Student Housing: The Value of Proximity to Campus. Housing and Society, 40(1), 39–58. https://doi.org/10.1080/08882746.2013.11430608
Gu, H., & Smith, D. P. (2020). ‘Living off the campus’: urban geographies of change and studentification in Beijing, China. Urban Geography, 41(2), 205–224. https://doi.org/10.1080/02723638.2019.1659071
Hochstenbach, C., Wind, B., & Arundel, R. (2021). Resurgent landlordism in a student city: urban dynamics of private rental growth. Urban Geography, 42(6), 769–791. https://doi.org/10.1080/02723638.2020.1741974
Hussain, T., Abbas, J., Wei, Z., & Nurunnabi, M. (2019). The effect of sustainable urban planning and slum disamenity on the value of neighboring residential property: Application of the hedonic pricing model in rent price appraisal. Sustainability (Switzerland), 11(4), 1–20. https://doi.org/10.3390/su11041144
Jolivet, V., Reiser, C., Baumann, Y., & Gonzalès, R. (2022). Before displacement: studentification, campus-led gentrification and rental market transformation in a multiethnic neighborhood (Parc-Extension, Montréal). Urban Geography, April 2023,
1–20. https://doi.org/10.1080/02723638.2022.2073150
La Roche, C. R., Flanigan, M. A., & Copeland, P. K. (2010). Student Housing : Trends , Preferences And Needs. Contemporary Issues In Education Research, 3(10), 45–50.
Lederer, A. M., Hoban, M. T., Lipson, S. K., Zhou, S., & Eisenberg, D. (2021). More Than Inconvenienced: The Unique Needs of U.S. College Students During the COVID-19 Pandemic. Health Education and Behavior, 48(1), 14–19. https://doi.org/10.1177/1090198120969372
Liu, G., Zhao, J., Wu, H., & Zhuang, T. (2022). Spatial Pattern of the Determinants for the Private Housing Rental Prices in Highly Dense Populated Chinese Cities—Case of Chongqing. Land, 11(12). https://doi.org/10.3390/land11122299
Miessner, M. (2021). Studentification in Germany: How investors generate profits from student tenants in Goettingen and the impacts on urban segregation. European Urban and Regional Studies, 28(2), 133–154. https://doi.org/10.1177/0969776420934850
Munggiarti, A.; Buchori, I. (2015). Pengaruh Keberadaan Perguruan Tinggi Terhadap Perubahan Morfologi Kawasan Sekitarnya. Geoplanning, 2(1), 51–68.
Nijënstein, S., Haans, A., Kemperman, A. D. A. M., & Borgers, A. W. J. (2015). Beyond demographics: human value orientation as a predictor of heterogeneity in student housing preferences. Journal of Housing and the Built Environment, 30(2), 199–217. https://doi.org/10.1007/s10901-014-9402-9
Pradana, P. J., Setijanti, P., & Septanti, D. (2019). Boarding House Preferences by Middle Up Class Students in Surabaya. International Journal of Engineering Research and Advanced Technology, 05(02), 38–45. https://doi.org/10.31695/ijerat.2019.3379
Pua, Marshel; Rogi, Octavianus A.H.; Sembel, A. (n.d.). Pengaruh Keberadaan Kampus UNSRAT Terhadap Perubahan Pemanfaatan Lahan di Kelurahan Bahu dan Kelurahan Kleak Manado.
Revington, N., & August, M. (2020). Making a market for itself: The emergent financialization of student housing in Canada. Environment and Planning A, 52(5), 856–877. https://doi.org/10.1177/0308518X19884577
Revington, N., Zwick, A., Hartt, M., & Schlosser, J. (2023). Universities and urban social structure: gentrification, studentification, and youthification in five United States legacy cities. Urban Geography, 44(1), 83–104. https://doi.org/10.1080/02723638.2021.1985306
Ribeiro, P. J. G., & Fonseca, F. (2022). Students’ home-university commuting patterns: A shift towards more sustainable modes of transport. Case Studies on Transport Policy, 10(2), 954–964. https://doi.org/10.1016/j.cstp.2022.03.009
Rosen, S. (1974). Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition. Journal of Political Economy, 34–55.
Rosiers, F. Des, & Thériault, M. (2006). Mass Appraisal, Hedonic Price Modelling and Urban Externalities: Understanding Property Value Shaping Processes By Advances in Mass Appraisal Methods Seminar,.
Saitluanga, B. L., & Hmangaihzela, L. (2022). Transport Mode Choice Among Off-Campus Students in a Hilly Environment: the Case of Aizawl, India. Transport Problems, 17(3), 163–172. https://doi.org/10.20858/tp.2022.17.3.14
Thomsen, J., & Eikemo, T. A. (2010). Aspects of student housing satisfaction: A quantitative study. Journal of Housing and the Built Environment, 25(3), 273–293. https://doi.org/10.1007/s10901-010-9188-3
Tumbelaka, Vanessa; Kindangen, Jefrey I.; Rengkung, J. (2019). Morfologi Kawasan Permukiman Akibat Keberadaan Kampus Universitas Sam Ratulangi di Kelurahan Bahu dan Kleak. Spasial, 6(1), 59–67.
Ulyani, N., Najib, M., Aini, N., & Akhavan, A. (2015). Living in On- campus Student Housing : Students ’ behavioural intentions a nd students ’ personal attainments. Procedia - Social and Behavioral Sciences, 170, 494–503. https://doi.org/10.1016/j.sbspro.2015.01.052
Verschuren, Piet; Dooreward, H. (2010). Research Strategies. In Designing a Research Project
(pp. 155–186). Eleven International Publishing.
Yilmaz, O., Talavera, O., & Jia, J. Y. (2022). Rental Market Liquidity, Seasonality, and Distance to Universities. International Journal of the Economics of Business, 29(2), 223–239. https://doi.org/10.1080/13571516.2022.2033078
Zhang, M., & Wang, L. (2013). Research in Transportation Economics The impacts of mass transit on land development in China : The case of Beijing. Research in Transportation Economics, 40(1), 124–133. https://doi.org/10.1016/j.retrec.2012.06.039
Zhong, R., Zhao, W., Zou, Y., & Mason, R. J. (2018). University Campuses and Housing Markets: Evidence from Nanjing. Professional Geographer, 70(2), 175–185. https://doi.org/10.1080/00330124.2017.1325750
Published
2023-10-01
How to Cite
EKA PRAMANA, A. Yunastiawan; DEVI, Mutiasari Kurnia; ., Yusliana.
Demand Characteristic of Private Student Housing and Its Implication on Sustainable Urban Growth Management.
International Journal of Business and Technology Management, [S.l.], v. 5, n. S3, p. 104-115, oct. 2023.
ISSN 2682-7646.
Available at: <https://myjms.mohe.gov.my/index.php/ijbtm/article/view/24148>. Date accessed: 15 sep. 2024.
