PROGRESS IN GEOGRAPHY ›› 2014, Vol. 33 ›› Issue (10): 1322-1331.doi: 10.11820/dlkxjz.2014.10.004

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Research on urban spatial structure in Beijing based on housing prices

Fang WANG1,2(), Xiaolu GAO1(), Bingqiu YAN1,2   

  1. 1. Key Laboratory of Regional Sustainable Development Modeling, Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China
    2. University of Chinese Academy of Sciences, Beijing 100049, China
  • Online:2014-10-25 Published:2014-10-25

Abstract:

The development of housing market in Beijing has brought phenomenal changes to urban structures, and in recent years, soaring housing price has become a serious public concern. This paper explores the spatiotemporal evolution of housing prices using the spatial data of residential blocks in 2005 and 2012 in order to reveal its influencing factors, especially factors affecting the spatial structure of housing prices. Based on the analysis, this paper discusses the characteristics of such spatial structure and put forward some suggestions for urban planning and construction from the viewpoint of housing prices, which is a new perspective of urban spatial structure studies. The result of the analysis shows that housing prices increased overall, and particularly, the prices of subsidized housings for lower income population and regular housing increased much faster compared to higher-end housing. Spatial autocorrelation effect associated with housing price has become significantly stronger in 2012, especially in the central part of Beijing. The influencing factors of housing prices were analyzed using a multivariate linear regression model-the hedonic pricing model. In addition to the location factor, high property maintenance standard, good environment, well-developed transportation infrastructure, high-quality educational resources, and high availability of other public service facilities around the residential blocks can significantly increase housing prices. Multiple centers of high price housing have started to emerge in the past decade, such as the CBD, Zhongguancun, and Ya'ao districts. The Financial Street and Yuetan areas are the high value centers of housing prices. The areas around the south Sixth Ring Road, especially the Fangshan District, are the concentrated areas of lower price housing. This may eventually lead to social segregation of urban residents. Effective policies should be made to avoid this problem. In addition, the city should strengthen traffic infrastructure development and enhance the coordination of different facilities to influence the spatial pattern of housing prices and promote equal provision of urban social resources fundamentally.

Key words: housing price, urban spatial structure, hedonic model, Beijing

CLC Number: 

  • F127