Impacts of Housing Features on Home Prices in Chengdu: Logarithmic Linear Regressions

DOI

10.2991/icassr-15.2016.14How to use a DOI?

Keywords

Home space, green coverage, housing feature, log-linear, marginal effect.

Abstract

This paper aims to analyse the effects of several housing features on home prices in Chengdu, China. These features include larger floor space and green coverage rate. There are 1006 samples. Sampling is focused on existing ordinary homes. Data were collected from metropolitan Chengdu. Utilizing log-linear hedonic techniques, the study suggests a nonlinear marginal effect of housing age on house prices. Green converge has a positive impact on prices. We suggest higher property tax rates applicable to units with larger floor space, higher green coverage rate and lower volume fraction.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Gao-lu Zou
AU  - Lu-guang Xu
AU  - Deng Pei
PY  - 2016/08
DA  - 2016/08
TI  - Impacts of Housing Features on Home Prices in Chengdu: Logarithmic Linear Regressions
BT  - Proceedings of the 3d International Conference on Applied Social Science Research
PB  - Atlantis Press
SP  - 48
EP  - 50
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.14
DO  - 10.2991/icassr-15.2016.14
ID  - Zou2016/08
ER  -