scholarly journals Spatial Differentiation of Urban Housing Prices in Guangdong Province and Its Influencing Factors

2018 ◽  
Vol 09 (04) ◽  
pp. 664-681
Author(s):  
Fei Chen
Keyword(s):  
Influencing Factors ◽  
Housing Prices ◽  
Spatial Differentiation ◽  
Guangdong Province ◽  
Urban Housing

scholarly journals Perspectives of Socio-Spatial Differentiation from Soaring Housing Prices: A Case Study in Nanjing, China

2019 ◽  
Vol 11 (9) ◽  
pp. 2627 ◽  
Author(s):  
Chunhui Liu ◽  
Weixuan Song
Keyword(s):  
Rapid Growth ◽  
Growth Models ◽  
Housing Prices ◽  
Spatial Differentiation ◽  
Urban Housing ◽  
Spatial Effects ◽  
Negative Effects ◽  
Residential Housing ◽  
Different Types ◽  
Differentiation Pattern

Launched in 1998, the market-oriented reform of urban housing has given urban housing the dual attributes of residence and investment, and led to the rapid growth of housing prices as well as the intensification of its spatial differentiation within cities. However, the spatial patterns of the differentiation and its mechanism as well as socio-spatial effects are rarely touched. This paper studies 3963 urban residential districts in central Nanjing and explores the socio-spatial differentiation pattern and process of the urban housing prices and its growth in Nanjing based on the sample data of housing transactions over 30 quarters during the period of 2009–2017. The paper concludes that, by splitting the research duration into phases of six quarters each, the average housing prices in Nanjing alternates between “rapid growth” and “relatively stable” phases. At the same time, this paper finds that the spatial heterogeneity of housing prices in the city has been enhanced constantly, and the price gap in different types of residential housing has been clearly widened. In combination with the price level, location characteristics and architectural attributes of residential districts, this paper has categorized housing in Nanjing into nine typical types in a comprehensive manner. Based on the differences in their spatial attributes such as location, comfort and scarcity etc., different types of residences exhibit different pricing and price-to-rent ratio growth models. Based on those findings, we discussed the mechanism of the socio-spatial differentiation of housing prices in Nanjing from the housing reform and strategies of urban renewal and expansion. Beyond that, we discussed the role of urban housing consumption in the process of (re)production of urban classes, and its negative effects on urban young people, rural immigrants and other disadvantaged families. At the end of the paper, the policy suggestion about the supply-side reform of the housing market to promote socio-spatial equity and sustainable development is also presented.

scholarly journals The role and significance of planning in the determination of house prices in Australia: Recent policy debates

2021 ◽  
pp. 0308518X2198894
Author(s):  
Peter Phibbs ◽  
Nicole Gurran
Keyword(s):  
Land Use ◽  
Housing Market ◽  
Land Use Planning ◽  
House Prices ◽  
Housing Prices ◽  
House Price ◽  
Evidence Base ◽  
Urban Housing ◽  
Price Inflation ◽  
Depth Analysis

On the world stage, Australian cities have been punching above their weight in global indexes of housing prices, sparking heated debates about the causes of and remedies for, sustained house price inflation. This paper examines the evidence base underpinning such debates, and the policy claims made by key commentators and stakeholders. With reference to the wider context of Australia’s housing market over a 20 year period, as well as an in depth analysis of a research paper by Australia’s central Reserve Bank, we show how economic theories commonly position land use planning as a primary driver of new supply constraints but overlook other explanations for housing market behavior. In doing so, we offer an alternative understanding of urban housing markets and land use planning interventions as a basis for more effective policy intervention in Australian and other world cities.

scholarly journals Static Game Models and Applications Based on Market Supervision and Compliance Management of P2P Platform

2020 ◽  
Vol 2020 ◽  
pp. 1-17
Author(s):  
Sulin Pang ◽  
Junkun Yang ◽  
Rongzhou Li ◽  
Jun Cao
Keyword(s):  
Influencing Factors ◽  
Market Equilibrium ◽  
Guangdong Province ◽  
Game Model ◽  
Equilibrium Solutions ◽  
Weak Supervision ◽  
Static Game ◽  
Compliance Management ◽  
P2p Lending ◽  
Good Agreement

This article focuses on the two-party static game between market supervisory organization and peer-to-peer (P2P) lending platform. Considering 4 game modes with both “strong supervision” and “weak supervision” of market supervisory organization and “compliance management” and “noncompliance management” of P2P lending platform, the paper establishes a static game model between P2P lending platform and market supervisory organization and solves the market equilibrium solutions. Based on income, cost, disguised cost, and fine of P2P lending platform and income, cost, and reward of market supervisory organization, it discusses conditional strategies that P2P lending platform selects “compliance management” or “noncompliance management” and that market supervisory organization selects “strong supervision” or “weak supervision,” respectively. Furthermore, the relevant influencing factors are analyzed which come from 18 P2P lending platforms in Guangdong Province of China, and the conclusions were in good agreement with the actual market. The research has scientific guiding significance.

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