ABSTRACT
This chapter focuses on review of the six housing questions (tenure decision, gentrification, place attachment, housing bubbles, housing wealth, and residential satisfaction). Housing tenure choice regards people’s decision to either owner-occupy or rent their accommodations. The literature on individuals’ housing tenure choice is abundant. The list of social determinants of tenure choice is long, supported by empirical evidence from both developed and emerging economies. Gentrification is a complex concept and process. Gentrified areas often benefit from physical renovation or rehabilitation of existing housing stock, construction of new housing units that can meet the requirements of their new occupants, a significant house price appreciation, and an increase of homeownership rate. Place attachment is a rather broad concept. It is often loosely defined as an individual’s emotional attachment to a place. However, upon close examination, this definition has three complex dimensions, i.e., person, process, and place, each of which covers a wide range of entities.
