Preprint Article Version 1 This version is not peer-reviewed

Spatio-Temporal Changes and Dependencies of Land Price Development: A Case Study of the City of Olomouc

Version 1 : Received: 25 October 2018 / Approved: 25 October 2018 / Online: 25 October 2018 (14:23:11 CEST)

A peer-reviewed article of this Preprint also exists.

Burian, J.; Macků, K.; Zimmermannová, J.; Kočvarová, B. Spatio-Temporal Changes and Dependencies of Land Prices: A Case Study of the City of Olomouc. Sustainability 2018, 10, 4831. Burian, J.; Macků, K.; Zimmermannová, J.; Kočvarová, B. Spatio-Temporal Changes and Dependencies of Land Prices: A Case Study of the City of Olomouc. Sustainability 2018, 10, 4831.

Journal reference: Sustainability 2018, 10, 4831
DOI: 10.3390/su10124831

Abstract

Land price sustainability issues have been addressed by many authors in the past. Most of these researchers used land prices (from land price maps) as the primary data source in their studies. Only a few papers analysed official land price maps, which are available very rarely. For this reason, we studied the spatial and temporal changes of land prices in the city of Olomouc based on an analysis of official land price maps from 1993 to 2017. We proposed several research hypotheses to confirm some general statements about land price development. We concluded that some macroeconomic indicators had a significant impact on changes in land prices. In the residential and commercial areas and historical centre, land prices are significantly higher than in other monitored aspects (land-use types). We also concluded that no link existed between land-use stability and land price stability. Surprisingly, no long-term stable areas were found in the area of interest. The analysis also confirmed that land price and its change over time varied in different spatial aspects. Surprisingly, the smallest influence was reflected in the economic aspect. Regarding natural events in recent decades, we observed a significant drop in land prices in the vicinity of watercourses threatened by flooding. These findings can assist in better understanding local development and changes in land price.

Subject Areas

land price map; land use development; GIS; spatio-temporal changes; sustainability; Olomouc

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