A Synthesis of Research on the Impact of Urban Rail Transit on the Price of Commercial Residences Along the Line

Ying Lyu

doi:10.54691/bcpbm.v29i.2307

Authors

Ying Lyu

DOI:

https://doi.org/10.54691/bcpbm.v29i.2307

Keywords:

Urban rail transit, Commodity residential prices, Time effect, Spatial effect, Sub-market effect

Abstract

While urban rail transit relieves traffic pressure and improves the urban transportation network, it also has a certain impact on the prices of commercial residential properties along the line, and more and more scholars have begun to pay attention to the relationship between rail transit and real estate prices. By sorting out the relevant domestic and foreign research, the existing research results are analyzed from three aspects: research objects, research methods, and research contents, and it is found that Hedonic Price Model is most commonly adopted, and the research in the fields of spatial effect, temporal effect and sub-market effect of rail transit on real estate prices is gradually becoming a hot spot.

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