scholarly journals Explaining the Spatial Variation in Housing Prices: An Economic Geography Approach

Author(s):  
Karolien De Bruyne ◽  
Jan Van Hove
2019 ◽  
Vol 11 (8) ◽  
pp. 2205 ◽  
Author(s):  
Jingyuan Zhang ◽  
Puay Yok Tan ◽  
Hui Zeng ◽  
Ye Zhang

Walkability has increasingly been recognized as an important factor for sustainable urban development that, however, has seldom been investigated in rapid urbanizing cities, especially in the Asian context. This paper assessed walkability in Futian District in the central area of Shenzhen, which has undergone very rapid urbanization within a short period of time. Walkability was assessed for 2013 and 2018 using a walkability index adapted from Walk Score. It was compared with housing prices of 215 randomly selected residential buildings, to further explore the relationships between walkability and residential estate value, provided as one practical application of the assessment of walkability in urban management. Our results show that Futian District has low walkability level, although walkability has been generally improved from 2013 to 2018. A high spatial variation of walkability level within this area was observed in both years. Overall, there was a negative relationship between walkability and housing prices (significant only in 2018), which is inconsistent with studies elsewhere. The results suggest that the housing prices in Futian District are more strongly influenced by other factors rather than by walkability. In addition, the ability of the walkability model to explicitly delineate spatial variation of walkability level makes it a powerful tool to be applied in urban planning and management. Results of this study also have practical applications, which can be used as a reference for residents’ home selection and enable them to make informed decisions in selecting walkable neighborhoods with acceptable prices.


2020 ◽  
Vol 2020 ◽  
pp. 1-20 ◽  
Author(s):  
Xinmin Liu ◽  
Lu Sun ◽  
Qiuxia Sun ◽  
Ge Gao

Taxi as a door-to-door, all-weather way of travel is an important part of the urban transportation system. A fundamental understanding of temporal-spatial variation and its related influential factors are essential for taxi regulation and urban planning. In this paper, we explore the correlation between taxi demand and socio-economic, transport system and land use patterns based on taxi GPS trajectory and POI (point of interest) data of Qingdao City. The geographically weighted regression (GWR) model is used to describe the influence factors of spatial heterogeneity of the taxi demand and visualize the spatial distributions of parameter estimations. Results indicate that during the peak hours, there are some differences in taxi demand between workdays and weekends. Residential density and housing prices increase the number of taxi trips. Road density, parking lot density and bus station density are positively associated with the taxi demand. It is also found that the higher of the proportion of commercial area and public service area, the greater of the taxi demand, while the proportion of residential area and the land use mix have a negative impact on taxi demand. This paper provides some references for understanding the internal urban environmental factors generating from the taxi travel demand, and provides insights for reducing the taxi vacancy rate, forecasting taxi temporal-spatial demand and urban public transportation system planning.


2003 ◽  
Vol 31 (4) ◽  
pp. 623-646 ◽  
Author(s):  
Timothy J. Fik ◽  
David C. Ling ◽  
Gordon F. Mulligan

2017 ◽  
Vol 46 (2) ◽  
pp. 242-267 ◽  
Author(s):  
Keith S. Evans ◽  
Xuan Chen ◽  
Christina A. Robichaud

Converting coastal waters to farmed production of seafood may generate conflicts with other resource users. This study explores the impact of marine aquaculture development on coastal homeowners. Using single-family home sales from 2012–2014 and spatial data on coastal aquaculture activity, we employ hedonics to assess the impacts of mariculture development in three study areas of Maine, USA. Our results suggest modest impacts on residential property values with significant spatial variation across study areas. This spatial variation represents a challenge for managers and highlights the potential benefits from coordinating the development of aquaculture to balance resource users' objectives with industry growth.


2019 ◽  
Vol 16 (1) ◽  
pp. 70-81
Author(s):  
Azrul Azlan Iskandar Mirza ◽  
Asmaddy Haris ◽  
Ainulashikin Marzuki ◽  
Ummi Salwa Ahmad Bustamam ◽  
Hamdi Hakiem Mudasir ◽  
...  

The soaring housing prices in Malaysia is not a recent issue. It is a global phenomenon especially in developing and developed countries, driven by factors including land price, location, construction materials cost, demand, and speculation. This issue demands immediate attention as it affects the younger generation, most of whom could not afford to buy their own house. The government has taken many initiatives and introduced regulations to ensure that housing prices are within the affordable range. This article aims to introduce a housing price control element from the Shariah perspective, as an alternative solution for all parties involved in this issue. It adopts content analysis methodology on policy from Shariah approved sources.


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