CEU Electronic Theses and Dissertations, 2025
| Author | Oral, Isil |
|---|---|
| Title | Impact of Urban Green and Blue Spaces on Gentrification in Vienna |
| Summary | Urban green and blue spaces (UGBS) are getting popular in urban planning all around, including Vienna, the Austrian capital. Their benefits are not only limited to environmental and biodiversity impacts, but they also improve people’s health and well being. However, those urban green and blue spaces can cause rising property values, and contribute to exclusion, marginalization and displacement of lower-income people, a concept defined as green gentrification. Although Vienna is considered as a city with high living standards via its distinctive social housing mechanism, social segregation through urban green and blue spaces can still exist, requiring an investigation. By using Airbnb data as a noisy proxy for real estate markets, and social status index, the impact of UGBS and social housing examined by using Ordinary Least Square. Even though the results suggested that proximity to UGBS did not significantly influence Airbnb prices, the type of UGBS has a statistically significant impact, signaling heterogeneous preferences of short-term visitors and residents. Moreover, it is found that there is positive correlation between the share of green areas and social status, indicating that people with higher socioeconomic levels tend to habit in greener neighborhoods, while this does not hold for blue areas for Vienna. The share of social housing was positively associated with both income and social status, proving the inclusive social housing model of Vienna and its possibility to mitigate some of the exclusionary dynamics of green gentrification. |
| Supervisor | Schaffartzik, Anke |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2025/oral_isil.pdf |
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