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Who owns the city, and why should we care?

Mohammad Ismail (), Abukar Warsame () and Mats Wilhelmsson ()
Additional contact information
Mohammad Ismail: Department of Real Estate and Construction Management, Royal Institute of Technology, Postal: Teknikringen 10B, 100 44 Stockholm, Sweden
Abukar Warsame: Department of Real Estate and Construction Management, Royal Institute of Technology, Postal: Teknikringen 10B, 100 44 Stockholm, Sweden

No 22/1, Working Paper Series from Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance

Abstract: Who owns the city, and why is it important to know? The city constantly makes decisions that affect municipal residents regarding municipal services, land use, and financing. The cost is often linked directly to the municipal residents, but the benefits of some decisions directly affect the property owners and only indirectly affect the municipal residents. On the other hand, the property owners can be residents in the city or the country, but they can also be foreign property owners. Therefore, the distribution of costs will differ from the distribution of benefits. The study aims to investigate and analyse real estate owners in some focus areas in Stockholm municipality in terms of nationality, patterns of real estate usage, area of properties, and the nature of ownership. We determined the concentration of real estate owners by nationality in the different focus areas by Using Getis-Ord statistics Gi* measuring the concentration of Swedish and non-Swedish real estate owners.

Keywords: Distributional cost-benefit analysis; property owners; landowners (search for similar items in EconPapers)
JEL-codes: D61 R14 R52 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2022-01-04
New Economics Papers: this item is included in nep-ure
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Journal Article: Who Owns the City, and Why Should We Care? (2022) Downloads
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