Skip to main content
SpringerLink
Log in

The Spatial Impact of Population on Housing Price in the Yangtze River Delta Urban Agglomeration, China

  • Chapter
  • First Online:
Chinese Cities in the 21st Century

  • 538 Accesses

Abstract

This chapter analyzes the impact of urban population change on the spatial correlation of housing prices in the Yangtze River Delta Urban Agglomeration (YRDUA) in China. With data for the period of 2004–2015, the research shows that the urban spatial geographical location has a significant impact on urban housing prices in YRDUA. As population tends to flow into a developed city, the increase in population size promotes the spatial agglomeration of housing prices; and there is a threshold effect in the impact of urban economic density on housing prices. Therefore, through the transportation facilities and sound population policies, population in central cities should be dispersed to neighboring cities, the housing demand of the central cities will be reduced, and the overall development of the urban agglomeration will be promoted.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

English

  • Akbari, A. H., & Aydede, Y. (2012). Effects of immigration on house prices in Canada. Applied Economics, 44(13), 1645–1658.

    Article  Google Scholar 

  • Bajari, P., Fruehwirth, J. C., Kim, K. I., & Timmins, C. A. (2010). Rational expectations approach to hedonic price regressions with time-varying unobserved product attributes: The price of pollution. American Economic Review, 102(5), 1898–1926.

    Article  Google Scholar 

  • Chen, J., Guo, F., & Wu, Y. (2011). One decade of urban housing reform in China: Urban housing price dynamics and the role of migration and urbanization, 1995–2005. Habitat International, 35(1), 1–8.

    Article  Google Scholar 

  • Daniel, C., & Henk, F. (2011). Immigration and urban housing market dynamics: The case of Haifa. The Annals of Regional Science, 47(3), 585–598.

    Article  Google Scholar 

  • Gabriel, S. A., Mattey, J. P., & Wascher, W. L. (2003). Compensating differentials and evolution in the quality-of-life among U.S. states. Regional Science and Urban Economics, 33(5), 619–649.

    Article  Google Scholar 

  • Gonzalez, L., & Ortega, F. (2013). Immigration and housing booms: Evidence from Spain. Journal of Regional Science, 53(1), 37–59.

    Article  Google Scholar 

  • Gupta, R., & Stephen, M. M. (2012). Ripple effect and forecasting home prices in Los Angeles, Las Vegas, and Phoenix. The Annals of Regional Science, 48, 763–782.

    Article  Google Scholar 

  • Holly, S., Hashem Pesaran, M., & Yamagata, T. (2011). Spatial and temporal diffusion of house price in the UK. Journal of Urban Economics, 69, 2–23.

    Article  Google Scholar 

  • Jain, R. H. (2011). Turn gold as prices skyrocket. Money Today, 2–20.

    Google Scholar 

  • Kenny, G. (1999). Modelling the demand and supply sides of the housing market: Evidence from Ireland. Economic Modelling, C50, 389–409.

    Article  Google Scholar 

  • Malpezzi, S. (1996). Housing prices, externalities, and regulation in U.S. metropolitan areas. Social Science Electronic Publishing, 7(2), 209–241.

    Google Scholar 

  • Mankiw, N. G., & Weil, D. N. (1989). The baby boom, the baby bust, and the housing market. Regional & Urban Economics, 19(2), 235–258.

    Article  Google Scholar 

  • Nellis, J. G., & Longbottom, J. A. (1981). An empirical analysis of the determination of house prices in the United Kingdom. Urban Studies, 18(1), 9–21.

    Article  Google Scholar 

  • Ottaviano, G. I. P., & Peri, G. (2004). The economic value of cultural diversity: Evidence from US cities. CEPR Discussion Papers, 6(1), 9–44.

    Google Scholar 

  • Sá, F. (2015). Immigration and house prices in the UK. The Economic Journal, 125(587), 1393–1424.

    Article  Google Scholar 

  • Saiz, A. (2006). Immigration and housing rents in American cities. Journal of Urban Economics, 61(2), 345–371.

    Article  Google Scholar 

  • Tangri, S. S. (1968). Urban growth, housing and economic development: The case of India. Asian Survey, 8(7), 519–538.

    Article  Google Scholar 

Chinese

  • Bai Jixing, Zhou Jingkui, & Tong Liang. (2016). Renkou liudong, chengshi kaifangdu yu zhufang jiage—jiyu 2005-2014nian 35ge dazhong chengshi mianban shuju jingyan yanjiu [Population mobility, urban openness and housing price—Based on empirical research on panel data of 35 large and medium cities from 2005 to 2014]. Jingji Wenti Tansuo, 8, 19–27.

    Google Scholar 

  • Li Tuo, & Li Bin. (2015). Zhongguo kuadiqu renkou liudong de yingxiang yinsu—jiyu 286ge chengshi mianban shuju de kongjian jiliang jianyan [Influencing factors of China’s cross-regional population mobility]. China Renkou Kexue, 2, 73–83.

    Google Scholar 

  • Liu Liya. (2008). Jingwai reqian shifou tuiodng le gushi, fangshi de shangzhang—laizi zhongguo shichang de zhengju [Does “hot money” overseas promote the rise of the stock market and the housing market?—Evidence from the Chinese market]. Jinrong Yanjiu, 10, 48–70.

    Google Scholar 

  • Liu Xueliang. (2014). Zhongguo chengshi de zhufang gongji tanxing, yingxiang yinsu he fangjia biaoxian [Housing supply elasticity, influencing factors and housing price performance in Chinese cities]. Caimao Jingji, 04, 125–137.

    Google Scholar 

  • Lu Ming, Ou Haijun, & Chen Binkai. (2014). Lixing haishi paomohua:dui chengshihua, yimin he fangjia de jingyan yanjiu [Rationality or bubble: An empirical study of urbanization, immigration, and housing price]. Shijie Jingji, 01, 30–54.

    Google Scholar 

  • Wang Chunyan, & Wu Laoer. (2007). Renkouqianyi,chengshiquan yu fangdichan jiage—jiyu kongjian jiliangxue de yanjiu. [Population migration, city circle and real estate price: A study based on spatial metrology]. Renkou yu Jingji, 04, 63–67+58.

    Google Scholar 

  • Zhang Chuanyong. (2016). Laodongli liudong fangjia shangzhang yu chengshi jingji shoulian—changsanjiao de shizheng fenxi. [Labor flow, housing price rise and urban economic convergence—An empirical analysis of the Yangtze River Delta]. Chanye Jingji Yanjiu, 03, 82–90.

    Google Scholar 

  • Zhang Yali, Liang Yunfang, & Gao Tiemei. (2011). Yuqi shouru shouyilv he fangjia bodong—jiyu 35ge chnegshi dongtai mianban moxing de yanjiu [Expected income, return rate and house price fluctuation—Based on the study of 35 urban dynamic panel models]. Caimao Jingji, 01, 122–129.

    Google Scholar 

  • Zhou Jingkui. (2005). Fangdichan jiage bodong yu touji xingwei—dui zhongguo 14 chengshi de shizheng yanjiu [Real estate price fluctuations and speculative behavior—An empirical analysis for fourteen China Cities]. Dangdai Jingji Kexue, 04, 19–24.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. School of Economics, Lanzhou University, Lanzhou, China

    Lili Wei & Jing Zhang

Authors
  1. Lili Wei
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Jing Zhang
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Lili Wei .

Editor information

Editors and Affiliations

  1. University at Albany, State University of New York, Albany, NY, USA

    Youqin Huang

Rights and permissions

Reprints and permissions

Copyright information

© 2020 The Author(s)

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Wei, L., Zhang, J. (2020). The Spatial Impact of Population on Housing Price in the Yangtze River Delta Urban Agglomeration, China. In: Huang, Y. (eds) Chinese Cities in the 21st Century. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-34780-2_9

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-34780-2_9

  • Published:

  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-34779-6

  • Online ISBN: 978-3-030-34780-2

  • eBook Packages: Social SciencesSocial Sciences (R0)

Publish with us

Policies and ethics

Search

Navigation