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Need an research paper on the space syntax framework and its usefulness at delineating residential property value for most situations. Needs to be 5 pages. Please no plagiarism.
Need an research paper on the space syntax framework and its usefulness at delineating residential property value for most situations. Needs to be 5 pages. Please no plagiarism. Space syntax has been employed widely in recent years to various architectural and other uses. More notably, space syntax has been employed to analyse navigability (Jiang & Claramunt, 2002) (Penn & Turner, 2001) (Holscher et al., 2012), to correlate spatial layouts to social phenomenon such as crime (Nubani & Wineman, 2005) (Jiang et al., 2000) (Jones & Fanek, 1997), sales per unit area (Moirongo, 2002) (Wang & Tsai, 2007) (Min et al., 2007) and traffic flow (Thomson, 2003) (Turner, 2007) (Jiang et al., 2008). In addition to these uses, space syntax has been employed to assess the value of land including residential and commercial land (Min et al., 2007) (Wang & Tsai, 2007) (Enstrom & Netzell, 2008) (Kim & Sohn, 2002). This literature review will deal with the utilisation of space syntax to assess the value of residential property for investment purposes. Various theories and models developed under the space syntax framework or its derivatives will be looked into detail for this purpose. There is little doubt that there has been historical interest in the investment value of land for residential purposes (Chiaradia et al., 2009). A number of models were in use to assess the investment value of residential property including (but not limited to) Alonso’s adaptation of von Thunen’s agricultural land model to urban spaces (Alonso, 1964), Muth’s model (Muth, 1969), Mill’s model (Mills, 1972) and Fujita’s models (Fujita, 2008) (Fujita & Thisse, 2008). All of these models rely on a mono-centric urban model in which businesses and individuals have defined capacities for consumption.