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Challenges for Smart Cities in the UK Read chapter Read first chapter

2017 | OriginalPaper | Chapter

14. Living in a Smart City Affects the Value of a Dwelling?

Authors : Josep María Raya, Pablo García Estévez, Camilo Prado-Román, José Torres Pruñonosa

Published in: Sustainable Smart Cities

Publisher: Springer International Publishing

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Abstract

From 1998 to 2007, Spain has experienced one of the most important housing booms among developed economies. In this line and against the background of economic and technological changes caused by the globalization and the integration process, the cities face the challenge of combining competitiveness and sustainable urban development simultaneously. Smart cities are those that have a system of innovation and networking to give cities a model for improving economic and political efficiency by allowing the social, cultural, and urban development. The aim of this chapter is double: first, to know if the physical characteristics and location of a dwelling affect the selling price of the same, and second, to know if living in a smart city affects the value of a dwelling, and if the buyer is willing to pay more for a dwelling if it is located in a smart city.

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previous chapter Measuring the Country Brand Image: Implications to Manage the Smart Cities
next chapter Smart City and Tourism: An Analysis of Development of Caceres (Spain) as a Smart City
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Metadata
Title
Living in a Smart City Affects the Value of a Dwelling?
Authors
Josep María Raya
Pablo García Estévez
Camilo Prado-Román
José Torres Pruñonosa
Copyright Year
2017
Book
Sustainable Smart Cities

Print ISBN: 978-3-319-40894-1

Electronic ISBN: 978-3-319-40895-8

Copyright Year: 2017

DOI
https://doi.org/10.1007/978-3-319-40895-8_14