Long-term building stock survival and intergenerational management: The role of institutional regimes

Hassler, U (2009) Long-term building stock survival and intergenerational management: The role of institutional regimes. Building Research & Information, 37(5-6), pp. 552-568. ISSN 0961-3218

Abstract

Intergenerational value-management of the built environment requires preservation of both natural capital and man-made resources. A consequence is that buildings and infrastructure should be used as long as possible. Considering that built cultural heritage is mainly a 'non-renewable' capital, it affords a number of insights and lessons that can be more widely adapted to other parts of the built environment. The following key issues are discussed: long-term patterns and dynamics of the building stock; specific survival profiles for groups of buildings; strategies that have led to a long-term value preservation in the past; and robustness of former and existing strategies. Segments of the stock that could be used as a role model for the management of the entire stock are discussed as well as the possible contribution of public policy and institutional regimes to long-term value preservation. A related conceptual basis for an inventory of the built cultural heritage is presented in an appendix.

Item Type: Article
Uncontrolled Keywords: building stock; historic environments; institutional regimes; public policy; sustainable management; time; value; value preservation
Index terms: historic environment, public policy, built environment, building stock, inventory, survival, sustainable management, dynamics, role model, strategy
Subjects: inventory management, heritage and conservation, sociology, infrastructure and transport systems, environmental science, health safety and environment, public policy, asset management, management, systems engineering
Topics: Sustainability, Engineering Principles, Roles and Professions, Design Practice, Governance, Urban Studies, Business Strategy, Health and Safety, Supply Chain Management
Descriptive scope: 2 PC

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