Skip to main content

Real Estate Landscapes and the Historic City: On How Looking Inside the Market

  • Conference paper
  • First Online:
New Metropolitan Perspectives (ISHT 2018)

Part of the book series: Smart Innovation, Systems and Technologies ((SIST,volume 101))

Included in the following conference series:

Abstract

The real estate capital is one of the most resistant forms of the process through which the social surplus product was consolidated, making possible the phenomenon of cities as a gradual layering of the “traces” of a settled community. The complexity and complementarity between homogeneity of the urban fabrics and heterogeneity of the architectural shapes led to the multiplicity of functions that properties play, encouraging the expectations of the players of its enhancement process: administrations, owners, large and small investors. This paper focuses on the interpretation of the urban pattern of the historic city through the analysis of the housing markets. The research deals with the case study of the town of Syracuse, a multifaceted urban context from several points of view. The formal and functional articulation of this real estate market justifies the use of different, layered and structured analysis tools to identify sub-markets, deepening the relationship between value/price.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Gabrielli, L., Giuffrida, S., Trovato, M.R.: Functions and perspectives of public real estate in the urban policies: the sustainable development plan of Syracuse. In: ICCSA 2016, vol. 9798, pp. 13–28 (2016)

    Google Scholar 

  2. Forte, C.: Elementi di estimo urbano. Etas Kompass, Milano (1968)

    Google Scholar 

  3. Tryon, R.C.: Cluster Analysis: Correlation Profile and Orthometric (Factor) Analysis for the Isolation of Unities in Mind and Personality. Edwards Brothers, Ann Arbor (1939)

    Google Scholar 

  4. Hruschka, H.: Market definition and segmentation using fuzzy clustering methods. Int. J. Res. Mark. 3(2), 117–134 (1986)

    Article  Google Scholar 

  5. Fletcher, M., Gallimore, P., Mangan, J.: The modelling of housing submarkets. J. Property Invest. Finan. 18(4), 473–487 (2000)

    Article  Google Scholar 

  6. Goodman, A.C., Thibodeau, T.G.: Housing market segmentation and hedonic prediction accuracy. J. Hous. Econ. 12(3), 181–201 (2003)

    Article  Google Scholar 

  7. Gabrielli, L., Giuffrida, S., Trovato, M.R.: From surface to core: a multi-layer approach for the real estate market analysis of a central area in Catania. In: Gervasi, O. et al. (eds.) Computational Science and Its Applications-ICCSA 2015, vol. III, pp. 284–300. Springer (2015)

    Google Scholar 

  8. Kaufman, L., Rousseeuw, P.J.: Finding Groups in Data. Wiley, New York (1990)

    Book  Google Scholar 

  9. Gabrielli, L., Giuffrida, S., Trovato, M.R.: Gaps and overlaps of urban housing sub market: a fuzzy clustering approach. In: Stanghellini, S., et al. (eds.) Appraisal: From Theory to Practice, vol. 15, pp. 203–219. Springer, Cham (2017)

    Chapter  Google Scholar 

  10. Giuffrida, S., Ventura, V., Trovato, M.R., Napoli, G.: Assiologia della città storica e saggio di capitalizzazione Il caso del Centro storico di Ragusa Superiore, Valori e valutazioni, 41–55 (2017)

    Google Scholar 

  11. Hwang, S., Thill, J.C.: Delineating urban housing submarket with fuzzy clustering. Environ. Plan. B: Plann. Des. 36, 865–882 (2009)

    Article  Google Scholar 

  12. Bourassa, S.C., Hoesli, M., Peng, V.S.: Do housing submarkets really matter? J. Hous. Econ. 12(1), 12–28 (2003)

    Article  Google Scholar 

  13. Bencardino, M., Nesticò, A.: Demographic changes and real estate values: a quantitative model for analyzing the urban-rural linkages. Sustainability 9(4), 536 (2017)

    Article  Google Scholar 

  14. Della Spina, L., Scrivo, R., Ventura, C., Viglianisi, A.: Urban Renewal: Negotiation Procedures and Evaluation Models. In: Gervasi, O. et al. (eds): Computational Science and Its Applications-ICCSA 2015, Lecture Notes in Computer Science, vol. 9157. Springer, Cham (2015)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Laura Gabrielli .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer International Publishing AG, part of Springer Nature

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Gabrielli, L., Giuffrida, S., Trovato, M.R. (2019). Real Estate Landscapes and the Historic City: On How Looking Inside the Market. In: Calabrò, F., Della Spina, L., Bevilacqua, C. (eds) New Metropolitan Perspectives. ISHT 2018. Smart Innovation, Systems and Technologies, vol 101. Springer, Cham. https://doi.org/10.1007/978-3-319-92102-0_29

Download citation

Publish with us

Policies and ethics