Impact of Urban Rapid Transit on Residential Property Values An Empirical Analysis of the Shanghai Housing Market

被引：7
|
作者：
Wang, Lin [1 ]
机构：
[1] Shanghai Univ Finance & Econ, Sch Publ Econ & Adm, Econ, Shanghai, Peoples R China
来源：
CHINESE ECONOMY | 2010年 / 43卷 / 02期
关键词：
D O I：
10.2753/CES1097-1475430203
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using Shanghai rapid transit line 8 as an example and hedonic price models, this article explores the impact of urban rapid transit on house prices. It is concluded that the urban rapid transit has a significant incremental effect on prices of houses located within 1.5 km terms of a station. However, each station has a different impact in both range and intensity. In addition, house prices increase most rapidly in years when the rapid transit system starts to build its operation and decrease slightly in the middle of construction.
引用
收藏
页码：33 / 52
页数：20
相关论文
共 50 条
  • [1] IMPACT OF ACCESS TO SUNLIGHT ON RESIDENTIAL PROPERTY VALUES: AN EMPIRICAL ANALYSIS OF THE HOUSING MARKET IN SHANGHAI
    Zhong, Yi
    Lu, Jiajun
    LI, Zhehan
    INTERNATIONAL JOURNAL OF STRATEGIC PROPERTY MANAGEMENT, 2022, 26 (05) : 385 - 396
  • [2] Impact of Urban Rail Transit on Residential Property Values in Hangzhou
    Ruan, Lianfa
    Yin, Jingping
    ADVANCES IN CIVIL AND INDUSTRIAL ENGINEERING IV, 2014, 580-583 : 1306 - 1310
  • [3] The impact of urban spatial structure and rail transit on residential property price in Shanghai
    Pan Haixiao
    Li Wei
    URBAN MOBILITY - SHAPING THE FUTURE TOGETHER, 2019, 41 : 229 - 230
  • [4] The impact of transit corridors on residential property values
    Kilpatrick, John A.
    Throupe, Ronald L.
    Carruthers, John I.
    Krause, Andrew
    JOURNAL OF REAL ESTATE RESEARCH, 2007, 29 (03) : 303 - 320
  • [5] The impact of metro accessibility on residential property values: An empirical analysis
    Li, Zheng
    RESEARCH IN TRANSPORTATION ECONOMICS, 2018, 70 : 52 - 56
  • [6] IMPACT OF MASS TRANSIT ON RESIDENTIAL PROPERTY-VALUES
    KOUTSOPOULOS, KC
    ANNALS OF THE ASSOCIATION OF AMERICAN GEOGRAPHERS, 1977, 67 (04) : 564 - 576
  • [7] The Impact of Housing Market Conditions on Residential Property Upkeep
    Leonard, Tammy C. M.
    HOUSING STUDIES, 2013, 28 (01) : 33 - 56
  • [8] THE IMPACT OF A NEW MASS RAPID TRANSIT SYSTEM ON RESIDENTIAL PROPERTY VALUES - THE CASE OF KAOHSIUNG, TAIWAN
    Saphores, Jean-Daniel
    Yeh, Chung-Cheng
    TRANSPORTATION & LOGISTICS MANAGEMENT, 2012, : 89 - 96
  • [9] Impact of Transit-Oriented Development on Residential Property Values around Urban Rail Stations
    Jiang, Yang
    Gu, Peiqin
    Cao, Zhejing
    Chen, Yulin
    TRANSPORTATION RESEARCH RECORD, 2020, 2674 (04) : 362 - 372
  • [10] IMPACT OF CRIME ON URBAN RESIDENTIAL PROPERTY-VALUES
    HELLMAN, DA
    NAROFF, JL
    URBAN STUDIES, 1979, 16 (01) : 105 - 112
12345