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Property Price Impacts of Environment-Friendly Transport Accessibility in Chinese Cities


Property Price Impacts of Environment-Friendly Transport Accessibility in Chinese Cities



von: Linchuan Yang

106,99 €

Verlag: Springer
Format: PDF
Veröffentl.: 11.01.2022
ISBN/EAN: 9789811688331
Sprache: englisch
Anzahl Seiten: 182

Dieses eBook enthält ein Wasserzeichen.

Beschreibungen

<p>This book seeks to shed light on the role of environment-friendly transport accessibility in determining property prices in Chinese cities.&nbsp;Many&nbsp;environment-friendly transport modes, including walking, metro, bus rapid transit (BRT), and bus are examined.&nbsp;Spatial econometric models, quantile regression models, and machine learning techniques are used. This book contributes to people's understanding of the relationship between environmental-friendly transport accessibility and property prices. Moreover, it is of value to policymakers, including (1) informing urban planners/designers to plan/design cities with an adequate level of environment-friendly transport accessibility; (2) offering an evidence-based approach to implementing value capture schemes for financing investments in urban infrastructure; and (3) providing the basis for mitigating the negative externality of proximity to the transit corridor, jointly constructing comprehensive hospitals and other compatible amenities, and so forth.</p><p></p><p></p>
<div>Introduction.-&nbsp;Data and Methodology.-&nbsp;Metro accessibility and property prices.-&nbsp;Bus rapid transit accessibility and property prices.-&nbsp;Bus accessibility and property prices.-&nbsp;Walking accessibility and property prices.-&nbsp;Discussion and conclusions.</div>
<p>Linchuan Yang is a professor in the Department of Urban and Rural Planning, Southwest Jiaotong University. He obtained a Ph.D. in real estate economics studies, an M.Phil. in transportation studies from the University of Hong Kong, a B.E. degree in urban planning, and a BS degree in mathematics from Xiamen University, China. His research interests include urban economics, urban transportation, and urban planning. He has published a great many papers in journals such as Transportation Research Part A/D, Sustainable Cities and Society, Journal of Transport Geography, and Cities.</p>
This book seeks to shed light on the role of environment-friendly transport accessibility in determining property prices in Chinese cities.&nbsp;Many&nbsp;environment-friendly transport modes, including walking, metro, bus rapid transit (BRT), and bus are examined.&nbsp;Spatial econometric models, quantile regression models, and machine learning techniques are used. This book contributes to people's understanding of the relationship between environmental-friendly transport accessibility and property prices. Moreover, it is of value to policymakers, including (1) informing urban planners/designers to plan/design cities with an adequate level of environment-friendly transport accessibility; (2) offering an evidence-based approach to implementing value capture schemes for financing investments in urban infrastructure; and (3) providing the basis for mitigating the negative externality of proximity to the transit corridor, jointly constructing comprehensive hospitals and other compatible amenities, and so forth.
Evaluates environment-friendly transport accessibility in a context where few studies have focused on the same topic Examines the heterogeneity in the property price effects of transport accessibility Provides insights for the implementation of value capture schemes

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