Driving Forces Analysis of Housing Price in Beijing CityChinese Full Text
HE Chengjie,GUO Huaicheng,WANG Zhen,YANG Yonghui,LIU Hui,SHENG Hu College of Environmental Sciences and Engineering,Peking University,Beijing 100871;
Abstract: Multivariate statistical analysis and hedonic pricing method were employed to analyze the effects of structural variables,including land transaction price,bus lines,distance to downtown area,central business district,railway station and hospital,floor area ratio （FAR）,and dichotomous variables,including nearness to rail transit,recreational facilities and parks on housing transaction price in Beijing city.Results indicate that the main determinants of real estate price in Beijing are land transaction price,distance to downtown area,FAR,existence of nearby rail transit and recreational facilities.Among which,land transaction price have a considerably positive effect on transaction price,while FAR and distance from housing to the downtown area are the main negative driving forces for housing transaction price in Beijing.
- DOI：
10.13209/j.0479-8023.2010.140
- Series：
- Subject：
- Classification Code：
F293.3
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