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DETERMINING THE VALUE OF HOMEOWNERS ASSOCIATIONS USING STATISTICAL METHODS

Author or co-authors: Isabella T Sanders

Published: Sanders, IT. (2022) Determining the Value of Homeowners Associations Using Statistical Methods, Georgia: Foundation for Community Association Research

Funders: Byron Hanke Fellowship, Foundation for Community Association Research

Keywords: Building management, Economics / markets, Quantitative research/statistics,

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Summary:

Residential Community Associations charge monthly or yearly fees to provide services and regulation within residential neighborhoods. In this study, we examine whether ownership (and mandatory membership in such Associations) increase sale price and or market value of a home. We build a novel dataset consisting of both properties with HOA membership and without HOA membership within the suburbs of the Atlanta Georgia. Through the use of linear regression and hypothesis testing we find that in almost all cases, membership in an HOA does increase property sale price and market value.

THE IMPACT OF SHORT-TERM RENTAL REGULATIONS ON COMMUNITY ASSOCIATIONS IN THE CHICAGO AREA

Author or co-authors: Yici (Angela) Wang

Published: Wang, Y. (2023) The Impact of Short-term Rental Regulations on Community Associations in the Chicago Area, Virginia: Foundation for Community Association Research

Funders: Byron Hanke Fellowship, Foundation for Community Association Research

Keywords: Disputes/conflict, Economics / markets, Governance, Planning,

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Summary:

Short-term rentals have gained popularity in the US and are still growing. Homeowners reacted differently to the surge of short-term rentals. Some were thrilled about this opportunity to earn extra cash, while the rest complained about the noise and property damage. This report investigates the current approaches of community associations in Illinois in dealing with STRs. Through surveying residents and managers of CAs, the research can help community associations and local governments design policies with the right degree of regulation upon STRs and maximize the well-being of the residents.

The evolution of the anticommons : Exploring the implications of mixed-use developments on urban renewal by collective sales.

Author or co-authors: Michael Teys

Published: Michael Teys, The evolution of the anticommons : Exploring the implications of mixed-use developments on urban renewal by collective sales (MPhil Thesis, University of New South Wales , 2024).

Funders: Australian Research Council

Keywords: Building improvements, Building management, Developer control, Development, Governance, Redevelopment / termination,

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Summary:

The thesis identifies mixed-use developments, and specifically mixed -use developments that contain at least one owners corporation (part strata), as anticommons property. Anticommons property is a type of property regime where the initial endowments are so disaggregated that ultimately, they risk the wasteful underuse of resources (Heller 1998). Underuse in this thesis is the inability to reassemble the fragmented property rights for a collective sale and urban renewal. Without government intervention to assist with the reassembly of these properties , they risk becoming ruins.

Mandatory Inspection Regulations for Ageing Buildings: An Analysis of International Trends

Author or co-authors: Nicole Johnston

Funders: Australian College of Strata Lawyers (ACSL)

Keywords: Building management, Construction, Defects, Repairs and maintenance,

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Summary:

As Australian strata properties grapple with both systemic building defects and concerns around the lack of building repair and maintenance, it is timely to investigate, evaluate and discuss whether similar reforms should be introduced in Australia. This research project is an international cross-jurisdictional analysis of the current regulations that require strata-type buildings to be inspected during the lifecycle (post any initial defect inspection).

Suburban densification: unpacking the misalignment between resident demand and investor-driven supply of multi-unit housing in Sydney, Australia

Author or co-authors: Sophie-May Kerr, Nicole Cook, Shanaka Herath

Published: Nicole Cook, Shanaka Herath & Sophie-May Kerr (2023) Suburban densification: unpacking the misalignment between resident demand and investor-driven supply of multi-unit housing in Sydney, Australia, Australian Planner, 59:1, 26-38, DOI: 10.1080/07293682.2023.2197604

Keywords: Children, Development, Economics / markets, Planning, Qualitative research/interviews, Quantitative research/statistics,

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Summary:

This paper develops a clearer understanding of consumer demand and market supply of multi-unit dwellings in suburban town centres. The paper combines qualitative analysis of the housing preferences of a group of (largely) migrant women with children living in apartments in the suburban town centre of Liverpool, Sydney, Australia, with quantitative analysis of household type, apartment size and dwelling approvals. We show that market-led supply creates a mismatch between housing need and type. We conclude that calibrating the share of larger apartments will improve housing outcomes.

Including the majority: Examining the local social interactions of renters in four case study condominiums in Sydney

Author or co-authors: Sian Thompson, Hazel Easthope, Gethin Davison

Published: Thompson, S., Easthope, H. & Davison, G. (2022) ‘Including the majority: Examining the local social interactions of renters in four case study condominiums in Sydney’, Journal of Urban Affairs, 46(1), pp. 119-138 https://doi.org/10.1080/07352166.2022.2045869

Keywords: Building management, Community, Rental housing,

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Summary:

There is evidence that many apartment residents find it challenging to form and maintain local social connections, especially those renting their home. This can negatively impact physical and mental health, and have implications for the management of apartment complexes and local area social sustainability. In this paper, we draw on interviews with renters of condominium complexes in Sydney, Australia, to investigate their local social interactions. While many renters desire greater local connection, their opportunities and motivations are limited.

Redeveloping the Compact City: The challenges of strata collective sales

Author or co-authors: Hazel Easthope, Laura Crommelin, Charlie Gillon, Simon Pinnegar, Kristian Ruming, Sha Liu

Published: Easthope, H., Crommelin, L., Gillon, C., Pinnegar, S., Ruming, K., Liu, S. (2023) Redeveloping the Compact City: The challenges of strata collective sales, Journal of Property, Planning and Environmental Law, https://doi.org/10.1108/JPPEL-04-2023-0016

This paper has been peer reviewed

Keywords: Redevelopment / termination,

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Summary:

High-density development requires large land parcels, but fragmented land ownership can impede redevelopment. While earlier compact city development in Sydney occurred on large-scale brownfield sites, redeveloping and re-amalgamating older strata-titled properties is now integral to further densification. The purpose of this study is to examine collective sales activity in one Sydney suburb where multiple strata-titled redevelopments and re-amalgamations have been attempted. We explore how owners navigate the process of selling collectively.

Delivering Sustainable Apartment Housing: New build and retrofit

Author or co-authors: Hazel Easthope, Jasmine Palmer, Andrea Sharam, Megan Nethercote, Gloria Pignatta, Laura Crommelin

Published: Easthope, H., Palmer, J, Sharam, A., Nethercote, M., Pignatta, G. & Crommelin, C. (2023) Delivering Sustainable Apartment Housing: New build and retrofit, AHURI Final Report no. 400, Melbourne: AHURI

This paper has been peer reviewed

Keywords: Building improvements, Construction, Environment, Retrofit,

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Summary:

This research investigates how Australia can supply new and retrofit older apartments so that they are sustainable, that is they are comfortable; deliver cost reductions for householders while minimising consumption and waste; and maximise energy efficiencies and energy management, both in their construction and throughout their lifecycle (including through the adoption of renewable energy technologies).

My Place Ashmore Community Survey 2023

Author or co-authors: Hazel Easthope, Edgar Liu, Sophie-May Kerr, Yunzheng Zhang

Keywords: Community, Development, Liveability, Planning, Policy,

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Summary:

Urban renewal in brownfield areas is an important component of broader compact city policies in Sydney, around Australia, and elsewhere in the world. Local and state governments have an interest in understanding how well urban renewal areas are performing, including the satisfaction of residents and workers with these areas. This report presents the results of the 2023 community survey of residents and workers in the Ashmore Estate Urban Renewal Area in Sydney, covering social cohesion, social interaction, community development, wellbeing, place attachment, preferences and future plans.

My Place Green Square Community Survey 2023

Author or co-authors: Hazel Easthope, Edgar Liu, Sophie-May Kerr, Yunzheng Zhang

Keywords: Community, Development, Liveability, Planning, Policy,

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Summary:

Urban renewal in brownfield areas is an important component of broader compact city policies in place in Sydney, around Australia, and elsewhere in the world. Local and state governments have an interest in understanding how well urban renewal areas are performing, including the satisfaction of residents and workers with these areas. This report presents the results of the 2023 community survey of residents and workers in the Green Square Urban Renewal Area in Sydney, covering social cohesion, social interaction, community development, wellbeing, place attachment, preferences and future plans.