The effects of urban redevelopment on housing prices in Shenzhen

Ying Liu; Pu HAO; Frank Van Oort; Stan Geertman; Yanliu Lin

The effects of urban redevelopment on housing prices in Shenzhen

Ying Liu^*, Pu HAO, Frank Van Oort, Stan Geertman, Yanliu Lin

^*Corresponding author for this work

David C Lam Institute for East-West Studies

Research output: Chapter in book/report/conference proceeding › Conference contribution › peer-review

1 Citation (Scopus)

Abstract

This study investigates the effects of urban redevelopment on housing prices, based on the case of Shenzhen. Two different hedonic model speci-fications are applied, Ordinary Least Squares (OLS) and Spatial Lag Mod-el (SLM). From the modeling results, we found that untreated urban rede-velopment sites post significant negative impacts on adjacent housing prices and anticipated or actual redevelopment can alleviate this negative effect. Based on the hedonic models, we established a decision support framework for the planning of urban redevelopment in Shenzhen.

Original language	English
Title of host publication	CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management
Publisher	CUPUM
ISBN (Electronic)	9780692474341
Publication status	Published - 2015
Event	14th International Conference on Computers in Urban Planning and Urban Management, CUPUM 2015 - Cambridge, United States Duration: 7 Jul 2015 → 10 Jul 2015

Publication series

Name	CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management

Conference

Conference	14th International Conference on Computers in Urban Planning and Urban Management, CUPUM 2015
Country/Territory	United States
City	Cambridge
Period	7/07/15 → 10/07/15

Scopus Subject Areas

Environmental Engineering
Geography, Planning and Development
Urban Studies
Ecology
Civil and Structural Engineering

Cite this

@inproceedings{7719c09008794f7f8a9a03e245e1257d,

title = "The effects of urban redevelopment on housing prices in Shenzhen",

abstract = "This study investigates the effects of urban redevelopment on housing prices, based on the case of Shenzhen. Two different hedonic model speci-fications are applied, Ordinary Least Squares (OLS) and Spatial Lag Mod-el (SLM). From the modeling results, we found that untreated urban rede-velopment sites post significant negative impacts on adjacent housing prices and anticipated or actual redevelopment can alleviate this negative effect. Based on the hedonic models, we established a decision support framework for the planning of urban redevelopment in Shenzhen.",

author = "Ying Liu and Pu HAO and {Van Oort}, Frank and Stan Geertman and Yanliu Lin",

note = "Copyright: Copyright 2017 Elsevier B.V., All rights reserved.; 14th International Conference on Computers in Urban Planning and Urban Management, CUPUM 2015 ; Conference date: 07-07-2015 Through 10-07-2015",

year = "2015",

language = "English",

series = "CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management",

publisher = "CUPUM",

booktitle = "CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management",

}

Liu, Y, HAO, P, Van Oort, F, Geertman, S & Lin, Y 2015, The effects of urban redevelopment on housing prices in Shenzhen. in CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management. CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management, CUPUM, 14th International Conference on Computers in Urban Planning and Urban Management, CUPUM 2015, Cambridge, United States, 7/07/15.

The effects of urban redevelopment on housing prices in Shenzhen. / Liu, Ying; HAO, Pu; Van Oort, Frank; Geertman, Stan; Lin, Yanliu.

CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management. CUPUM, 2015. (CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management).

Research output: Chapter in book/report/conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - The effects of urban redevelopment on housing prices in Shenzhen

AU - Liu, Ying

AU - HAO, Pu

AU - Van Oort, Frank

AU - Geertman, Stan

AU - Lin, Yanliu

PY - 2015

Y1 - 2015

N2 - This study investigates the effects of urban redevelopment on housing prices, based on the case of Shenzhen. Two different hedonic model speci-fications are applied, Ordinary Least Squares (OLS) and Spatial Lag Mod-el (SLM). From the modeling results, we found that untreated urban rede-velopment sites post significant negative impacts on adjacent housing prices and anticipated or actual redevelopment can alleviate this negative effect. Based on the hedonic models, we established a decision support framework for the planning of urban redevelopment in Shenzhen.

AB - This study investigates the effects of urban redevelopment on housing prices, based on the case of Shenzhen. Two different hedonic model speci-fications are applied, Ordinary Least Squares (OLS) and Spatial Lag Mod-el (SLM). From the modeling results, we found that untreated urban rede-velopment sites post significant negative impacts on adjacent housing prices and anticipated or actual redevelopment can alleviate this negative effect. Based on the hedonic models, we established a decision support framework for the planning of urban redevelopment in Shenzhen.

UR - http://www.scopus.com/inward/record.url?scp=85026354715&partnerID=8YFLogxK

M3 - Conference contribution

AN - SCOPUS:85026354715

T3 - CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management

BT - CUPUM 2015 - 14th International Conference on Computers in Urban Planning and Urban Management

PB - CUPUM

T2 - 14th International Conference on Computers in Urban Planning and Urban Management, CUPUM 2015

Y2 - 7 July 2015 through 10 July 2015

ER -

The effects of urban redevelopment on housing prices in Shenzhen

Abstract

Publication series

Conference

Scopus Subject Areas

Other files and links

Fingerprint

Cite this