A utility-based spatial analysis of residential street-level conditions; A case study of Rotterdam
- URL: http://arxiv.org/abs/2410.17880v1
- Date: Wed, 23 Oct 2024 13:52:22 GMT
- Title: A utility-based spatial analysis of residential street-level conditions; A case study of Rotterdam
- Authors: Sander van Cranenburgh, Francisco Garrido-Valenzuela,
- Abstract summary: This paper investigates the spatial distribution of utility derived from street-level conditions in residential location choices on a city-wide scale.
We find that the utility derived from street-level conditions varies significantly on a highly localised scale.
Our results also reveal that the high real-estate prices in the city centre cannot be attributed to attractive street-level conditions.
- Score: 1.2289361708127877
- License:
- Abstract: Residential location choices are traditionally modelled using factors related to accessibility and socioeconomic environments, neglecting the importance of local street-level conditions. Arguably, this neglect is due to data practices. Today, however, street-level images -- which are highly effective at encoding street-level conditions -- are widely available. Additionally, recent advances in discrete choice models incorporating computer vision capabilities offer opportunities to integrate street-level conditions into residential location choice analysis. This study leverages these developments to investigate the spatial distribution of utility derived from street-level conditions in residential location choices on a city-wide scale. In our case study of Rotterdam, the Netherlands, we find that the utility derived from street-level conditions varies significantly on a highly localised scale, with conditions rapidly changing even within neighbourhoods. Our results also reveal that the high real-estate prices in the city centre cannot be attributed to attractive street-level conditions. Furthermore, whereas the city centre is characterised by relatively unattractive residential street-level conditions, neighbourhoods in the southern part of the city -- often perceived as problematic -- exhibit surprisingly appealing street-level environments. The methodological contribution of this paper is that it advances the discrete choice models incorporating computer vision capabilities by introducing a semantic regularisation layer to the model. Thereby, it adds explainability and eliminates the need for a separate pipeline to extract information from images, streamlining the analysis. As such, this paper's findings and methodological advancements pave the way for further studies to explore integrating street-level conditions in urban planning.
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