Proceedings of the 3d International Conference on Applied Social Science Research

Impacts of Housing Features on Home Prices in Chengdu: Logarithmic Linear Regressions

Authors
Gao-lu Zou, Lu-guang Xu, Deng Pei
Corresponding Author
Gao-lu Zou
Available Online August 2016.
DOI
https://doi.org/10.2991/icassr-15.2016.14How to use a DOI?
Keywords
Home space, green coverage, housing feature, log-linear, marginal effect.
Abstract
This paper aims to analyse the effects of several housing features on home prices in Chengdu, China. These features include larger floor space and green coverage rate. There are 1006 samples. Sampling is focused on existing ordinary homes. Data were collected from metropolitan Chengdu. Utilizing log-linear hedonic techniques, the study suggests a nonlinear marginal effect of housing age on house prices. Green converge has a positive impact on prices. We suggest higher property tax rates applicable to units with larger floor space, higher green coverage rate and lower volume fraction.
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Proceedings
3d International Conference on Applied Social Science Research (ICASSR 2015)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2016
ISBN
978-94-6252-148-3
DOI
https://doi.org/10.2991/icassr-15.2016.14How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Gao-lu Zou
AU  - Lu-guang Xu
AU  - Deng Pei
PY  - 2016/08
DA  - 2016/08
TI  - Impacts of Housing Features on Home Prices in Chengdu: Logarithmic Linear Regressions
BT  - 3d International Conference on Applied Social Science Research (ICASSR 2015)
PB  - Atlantis Press
UR  - https://doi.org/10.2991/icassr-15.2016.14
DO  - https://doi.org/10.2991/icassr-15.2016.14
ID  - Zou2016/08
ER  -