Dr. Bing Wang, Associate Professor in Practice of Real Estate and the Built Environment, has been awarded a 2016 Best Paper Prize by the American Real Estate Society (ARES). Wang will be formally honored at the ARES annual conference in April 2017.
Wang’s paper is entitled “Micro Housing as Urban Development Model in a Shared Economy,” dissecting development patterns of micro housing in the United States through the examination of pricing structure of micro‐housing developments, and comparing it to conventional market‐rate apartments. The research also establishes a set of analytical metrics to evaluate the potential of micro‐units and their development as a possible future residential development model.
Through empirical data, statistics, and a series of spatial analyses, including GIS mapping and regression modeling, Wang’s research intends to shed light on how micro‐unit and micro housing residential developments are emerging as social and economic catalysts to foster a unique phase of urban revitalization that is grounded in the synergetic fusion of place, community and innovation in a shared economy. Yong K Kim (MAUD ’07) and Xufei Wang were Research Associates for the “Micro Housing as Urban Development Model in a Shared Economy” paper.| | | Next → |