2017
DOI: 10.3390/su9112050
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Spatiotemporal Effects of Main Impact Factors on Residential Land Price in Major Cities of China

Abstract: Abstract:With the rapid development of land marketization in China, the spatial patterns of residential land prices in different regions have become increasingly complicated. The very high and continuously rising residential land prices in many cities are causing significant challenges to economic development and social stability. Yet, there has only been a limited amount of attempts made to model and analyze the regional dynamic changes of residential land price systematically, especially in term of the spati… Show more

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Cited by 32 publications
(27 citation statements)
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“…Other indicators with a significant impact can be "GDP", "unemployment", and "number of started flats". It partially corresponds to the results of Yang [12], where the influence of immigrant population, GDP, and investment in residential buildings were observed. However, the influence of "net income per capita" is not significant for land price changes in Olomouc as compared to results that were obtained by Mou [10] in his analysis, which also includes the influence of average wages of employees on land price in selected cities.…”
Section: Discussionsupporting
confidence: 85%
See 1 more Smart Citation
“…Other indicators with a significant impact can be "GDP", "unemployment", and "number of started flats". It partially corresponds to the results of Yang [12], where the influence of immigrant population, GDP, and investment in residential buildings were observed. However, the influence of "net income per capita" is not significant for land price changes in Olomouc as compared to results that were obtained by Mou [10] in his analysis, which also includes the influence of average wages of employees on land price in selected cities.…”
Section: Discussionsupporting
confidence: 85%
“…This is one of the main reasons why land price sustainability issues have been previously addressed by other authors (e.g., [2,3]). The research centres on issues linked to land price volatility [4,5], inflation [3], structure [6], changes [7][8][9], and factors influencing land price [1,[10][11][12]. An estimation of the effect of environmental factors on the real estate prices caused by environmental change has been analysed in the research of Del Giudice and Massimo [13,14].…”
Section: Land Price Sustainabilitymentioning
confidence: 99%
“…Among other things, in the paper [24] GWR model has been adopted for analyzing the housing market in the city of Potenza (Basilicata, southern Italy), in order to identify homogeneous areas and to define the marginal contribution that a single location (outlined by these areas) gives to the market value of the property. Spatiotemporal effects of main impact factors on residential land price in major cities of China have been the topic of research [25]. In this study, it has been provided a perspective analysis of the changes of residential land prices in 2008, 2011 and 2014 based on the land price monitoring records of 105 cities and then conducted a geographically weighted regression (GWR) analysis on the relationships between residential land price and three major impact factors (i.e., immigrant population, gross domestic product (GDP) and investment in residential buildings).…”
Section: Theoretical Basic Of Conducted Researchmentioning
confidence: 99%
“…China's urbanization rate has increased from 17.92% in 1978 to 57.35% in 2016 [1], which was also accompanied by massive housing developments and continuous growth of urban traffic pressure [2][3][4][5][6]. The gated housing block has also been developed in this background and has become the dominant residential form in China.…”
Section: General Context and Its Peculiaritiesmentioning
confidence: 99%