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- W2365389478 abstract "Taking residential real estate within 2 000 m along Beijing Metro line 4 as an example,HPM model is constructed.The spatio-temporal impacts of 4th line on real estate prices nearby from 1998 to 2011 are quantitatively analyzed,and the key parameters of the spatio-temporal impact are defined.The results are as follows: In terms of spatial impact,the further the real estate is from the city center and subway stations,the lower prices are.And the highest prices appear at areas between 400 and 600 m from the stations.Real estate prices are not of average accumulation,and the three most expensive areas are around the following three places: Zhongguancun,the Zoo and Xidan.Real estate prices within the Second Ring and between the Second and third ring are higher by about 73.1 and 56.9 percent on average than the ones within other rings respectively.Real estate prices grow by 6.4 and 36.2 and 19.2 percent respectively for every 1 000 m it is nearer to the CBD,a main road or public transport stations.In terms of time impact,the metro has a significant impact on real estate prices around the time when Line 4 was put in operation.The prices became much higher after Line 4 was put in operation than during construction.According to the final calculation,the impact range of Line 4 on the surrounding real estate prices is about 1 100 m." @default.
- W2365389478 created "2016-06-24" @default.
- W2365389478 creator A5052502935 @default.
- W2365389478 date "2013-01-01" @default.
- W2365389478 modified "2023-09-22" @default.
- W2365389478 title "An Analysis of the Spatio-temporal Impacts of Major Infrastructure on Real Estate Prices——Take Beijing Metro Line 4 as an Example" @default.
- W2365389478 hasPublicationYear "2013" @default.
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