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Principal Investigator

Developing a Housing Model Based on the Status-Quality Trade-Off Theory

Research applying status-quality trade-off theory to housing markets in Hanoi, Vietnam, using hedonic price index techniques and a survey of 1,000 residents to model house price dynamics, market segmentation, and equitable housing access.

Impact

Demonstrated a replicable analytical model for understanding housing market segmentation in rapidly urbanising Asian cities, with implications for equitable housing policy.

Funded by the British Academy Newton Mobility Grants programme (2015–2016), this project examined housing markets in Hanoi, Vietnam, following the country’s economic liberalisation.

The research applied status-quality trade-off (SQTO) theory to understand how the nascent housing market in a city of 7 million residents creates complex challenges for equitable provision across different income groups. Using hedonic price index techniques, the model explored how status-related attributes interact with tangible physical features to shape housing prices and their geographic distribution.

A household survey of 1,000 residents in central Hanoi provided empirical grounding for the approach, demonstrating its potential as a transferable tool for analysing house price dynamics in rapidly developing urban contexts.

Funder: British Academy Newton Mobility Grants | Duration: 2015–2016

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