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
N1 - Copyright:
Copyright 2017 Elsevier B.V., All rights reserved.
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 proceeding
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 -