Author, as appears in the article.: Gutierrez, Aaron; Domenech, Antoni;

Department: Geografia

URV's Author/s: Domènech Montaña, Antoni / Gutiérrez Palomero, Aaron

Keywords: Territorial Spatial error model Spatial analysis Spain Real-estate Moran's i K-means clustering Impact Housing crisis Geography Foreclosures Family mortgage foreclosures Evictions Dispossession Crisis Bubble

Abstract: The article analyses the socio-spatial logic behind the accumulation of foreclosed housing in the hands of large private landlords in the neighbourhoods of all the Catalan cities with over 100,000 inhabitants. Spatial regression and clustering techniques are applied to identify the determinants of the concentration patterns of 10,725 housing units in these cities. The socioeconomic variables, such as income level, percentage of foreign population, level of studies or percentage of unemployed residents, are identified as key explanatory factors of clustering of foreclosures in working-class neighbourhoods. A high presence of previously mortgaged homes is a variable especially relevant in the case of working-class neighbourhoods, but it has no incidence in the case of the medium-high class neighbourhoods. Our findings provide a detailed urban geography of the housing accumulated by banks which, at the same time, correspond to areas in which the vulture funds are focusing their business in the present and in the forthcoming years. New evidences of the spatial logic of the housing crisis and detailed information for the understanding of the new scenarios that have emerged during the post-crisis phase are revealed.

Research group: GRATET. Anàlisi Territorial i Estudis Turístics

Thematic Areas: Zootecnia / recursos pesqueiros Saúde coletiva Remote sensing Medicina veterinaria Geography, planning and development Geography, physical Geografía Geociências Engenharias i Earth and planetary sciences (miscellaneous) Computers in earth sciences Computer science, information systems Ciencias sociales Ciências ambientais Ciências agrárias i Ciência da computação Biodiversidade

licence for use: https://creativecommons.org/licenses/by/3.0/es/

ISSN: 22209964

Author's mail: antoni.domenech@urv.cat aaron.gutierrez@urv.cat antoni.domenech@urv.cat

Author identifier: 0000-0003-0557-6319

Record's date: 2023-02-23

Papper version: info:eu-repo/semantics/publishedVersion

Link to the original source: https://www.mdpi.com/2220-9964/9/5/313

Licence document URL: http://repositori.urv.cat/ca/proteccio-de-dades/

Papper original source: Isprs International Journal Of Geo-Information. 9 (5):

APA: Gutierrez, Aaron; Domenech, Antoni; (2020). Identifying the Socio-Spatial Logics of Foreclosed Housing Accumulated by Large Private Landlords in Post-Crisis Catalan Cities. Isprs International Journal Of Geo-Information, 9(5), -. DOI: 10.3390/ijgi9050313

Article's DOI: 10.3390/ijgi9050313

Entity: Universitat Rovira i Virgili

Journal publication year: 2020

Publication Type: Journal Publications