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

This book investigates the relationship between environment-friendly transport accessibility and property prices in Chinese cities, using spatial econometric models, quantile regression models, and machine learning techniques. It provides insights for policymakers and urban planners to design cities with adequate transport accessibility and implement value capture schemes for financing infrastructure investments.

Format: Paperback / softback
Length: 182 pages
Publication date: 13 January 2023
Publisher: Springer Verlag, Singapore

This comprehensive book delves into the intricate relationship between environment-friendly transport accessibility and property prices in Chinese cities. It explores a wide range of environmentally sustainable transportation modes, including walking, metro, bus rapid transit (BRT), and buses, to provide a comprehensive understanding of the factors influencing property values. Employing advanced spatial econometric models, quantile regression models, and machine learning techniques, the book offers valuable insights into the dynamics between these two variables.

By shedding light on this relationship, the book contributes to a deeper understanding of the factors shaping urban real estate markets. It is particularly valuable to policymakers, as it provides valuable guidance on urban planning and design, enabling the creation of cities that prioritize environment-friendly transport options. Moreover, the book offers an evidence-based approach to implementing value capture schemes for financing investments in urban infrastructure, ensuring that the benefits of such developments are shared equitably.

Furthermore, the book serves as a foundation for mitigating the negative externalities associated with proximity to transit corridors, such as noise pollution and traffic congestion. By promoting the co-development of comprehensive hospitals and other compatible amenities, policymakers can work towards creating sustainable and livable communities.

In conclusion, this book is a valuable resource for researchers, policymakers, and practitioners interested in understanding the complex dynamics between environment-friendly transport accessibility and property prices in Chinese cities. Its comprehensive analysis and innovative approaches provide valuable insights into urban planning, infrastructure development, and sustainable development, ultimately contributing to the creation of more efficient, livable, and environmentally friendly cities.

Weight: 308g
Dimension: 235 x 155 (mm)
ISBN-13: 9789811688355
Edition number: 1st ed. 2021