Analyzing housing supply location choice: a comparative study of the modelling frameworks.

ABSTRACT: The purpose of this study is to predict the location of new housing supply and compare two different modelling frameworks. Housing supply significantly influences land use simulations in urban microsimulation systems, closely linked with demographic, transportation, and environmental modules. The supply of new dwellings in urban simulation models have evolved from static, exogenous inputs to dynamic, agent-based determinations. This study follows this trend to examine two approaches to modelling the spatial distribution of new housing supply: the first approach models the development choice of each location; the second approach models the location choice of each residential project. Multinomial logit and nested logit models are applied to a Toronto empirical dataset. The results show that

SUBMITTER: Zhang Y 

PROVIDER: S-EPMC10791635 | biostudies-literature | 2024 Jan

REPOSITORIES: biostudies-literature