Abstract
Using Hedonic and Huff model, we conduct empirical study of the ordinary commercial housing price’s spatial pattern in Xiamen City, China. This paper mainly focus on the following three issues: (1) Exploring the 21 potential factors that influence spatial distribution of housing price; (2) The relationship between commercial size and housing price; (3) Quantitative analysis about the five primary factors’ mode of action and saliency characteristics. In the numerous variables, allocation of educational resources and the distance between housing and shopping malls and supermarkets based on Huff model have Significant impact on housing price.
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Acknowledgment
The authors acknowledge the financial support of the Chinese Postdoctoral Science Foundation (NO. 2014M551449), and the Project for Special Funding provided by the Fund for Scientific Research in Colleges and Universities (NO. 2012121033).
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Li, Y., He, L., Jiao, J., Shen, G. (2015). Quantitative Study of Housing Price Based on Huff Model and Hedonic Method. In: Chen, X., Pan, Q. (eds) Building Resilient Cities in China: The Nexus between Planning and Science. GeoJournal Library, vol 113. Springer, Cham. https://doi.org/10.1007/978-3-319-14145-9_17
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DOI: https://doi.org/10.1007/978-3-319-14145-9_17
Publisher Name: Springer, Cham
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