Real Estate Market Dynamics in the City of Naples: An Integration of a Multi-Criteria Decision Analysis and Geographical Information System
Pasquale De Toro, Francesca Nocca, Andrea Renna, Luigi Sepe
Abstract
Urban development and regeneration projects produce multidimensional impacts on the city, on its environmental, economic, and social systems. An aspect that can be considerably affected by urban dynamics is linked to the real estate market. So, analysing real estate dynamics is useful to support decision-makers in the elaboration of urban regeneration plans and projects, and thus orient their choices. Focusing attention on the city of Naples (Italy), the purpose of this paper is to analyse in detail the real estate dynamics in this city through the integration of a Multi-Criteria Decision Analysis (MCDA) method and Geographical Information System (GIS). This integration allowed us to map and analyse the territory, linking a specific issue (the real estate dynamics) to the territory itself, and to analyse it according to specific criteria. This aims for a better understanding and interpretation of real estate dynamics, representing a useful tool for orienting and supporting urban planning strategies.