Resumen de Geography of Housing Markets in Spatio-temporal Perspective: The Case of Residential Land in Hawassa City, Ethiopia

Tesfaye Gebeyehu Admasu, John Williams Lupaca Quispe, Fredrick Magina

• The present study seeks to examine the geography of housing market dynamics in temporal and spatial dimensions in the rapidly urbanizing city-Hawassa-Ethiopia. Urban Rent Theoryand Classical Models of Urban Land Use were employed to understand the epistemological andontological milieu. The study employed a mixed research approach. The study reveals that residential land values in the formal market remained skyrocketing to the extent of inducing income-basedspatial exclusions over the years, including the peri-urban, as these locations became home to amosaic of visible and invisible actors, including the government. The findings, conquer the centralpropositions of the Urban Rent Theory with polycentric CBDs signaling housing price hotspots.