Shifts in property markets are not isolated occurrences but are deeply intertwined with changes in investment actors’ behavior and wider economic and regulatory processes. Existing urban literature often overlooks the agency and behavior of property investors and their influence on cities during market shifts. To bridge this gap, this research article presents a develops a multidimensional framework that could enable policymakers and scholars to unpack the characteristics and behavior of property investors more systematically, shedding light on their role in shaping property investment markets and the urban built environment.
Underlying the article, market shifts are viewed as modifications to established economic and regulatory processes, and the article argues that comprehending these shifts requires a multidimensional approach. By considering property investors as key actors, the framework connects wider economic and regulatory changes to their investment strategies. The article contends that analyzing changing property investor landscapes can lead to more targeted policy solutions, moving away from simplistic stereotypes of investor behavior that lack empirical support.
Through a comprehensive analysis, the study reveals how Amsterdam’s investor landscape transformed over the defined periods. The multidimensional framework enables insights into investor characteristics such as scale of operation, capital type, ownership composition, and locational and strategic behavior. The findings demonstrate how market shifts and institutional disruptions shape the behavior and strategies of property investors, influencing investment decisions and ultimately impacting the urban built environment.
The research highlights the significance of understanding the diverse behaviors and characteristics of property investors to develop effective policy solutions. By moving beyond simplistic categorizations and stereotypes, policymakers can adopt a more nuanced approach to address market dynamics. The article concludes by emphasizing the importance of fine-grained, multidimensional analyses in capturing the complexities of property investment markets and their effects on urban actor landscapes.
In short, the article sheds light on the role of property investors in urban market shifts. By employing a multidimensional framework and analyzing the changing investor landscape in Amsterdam, the paper provides valuable insights into the behavior, characteristics, and strategies of property investors and their impact on the urban built environment. This article calls for a more comprehensive understanding of investor dynamics to inform targeted policy interventions and move beyond oversimplified assumptions about investor behaviors.
The full publication can be accessed here: Taşan-Kok, T., Özogul, S., & Legarza, A. (2021). After the crisis is before the crisis: Reading property market shifts through Amsterdam’s changing landscape of property investors. European Urban and Regional Studies, 28(4), 375–394. https://doi.org/10.11