Title: The Analysis of Impaction for the Urban Traffic to the Housing Prices Based on the Hedonic Price
Abstract: The improvement of the urban traffic can significantly change the accessibility and the nature of land, promoting the intensity of land development and bringing up the value of surrounding real estate.Therefore, the article stands on the perspectives of consumers in the real estate market, discussing the impact factor of urban transport cost and constructing the hedonic price model on the basis of the cost construction of urban transport and real estate prices.Then it proposes authentication method from the theoretical model and makes an empirical analysis taking the traffic in the city of Chongqing as an example.
Publication Year: 2009
Publication Date: 2009-01-01
Language: en
Type: article
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