The Influence Research About City Subway Project Construction To Housing Prices Along The Route

As the advance of China's urbanization process accelerating, large and medium-sized cities become more and more serious problem of traffic jams, while the traditional methods of public transport can no longer meet the growing travel needs of residents. At present, the development of public transport and the MTR-based public transport system is to resolve the issue of traffic congestion an effective way.At the same time, the emergence of subway traffic is the boosters along the housing prices. Therefore, this article is currently under construction in Xi'an Metro Line 2 for the empirical study the quantitative analysis of the changes along housing prices.First of all, This article describes the construction of the city's subway project need Xi'an Metro Line 2 and urban economic development; Secondly, on the basis of combing the literature at home and abroad, the papers reviewed the relevant research on the status quo at home and abroad and features of the development of price theory, and summarized the project on the subway on the impact of housing prices along the research results; Thirdly, the combination of residential real estate market in Xi'an, the actual situation, a dependent variable and self-selection variables, the characteristics of residential quantitative variables, constructed residential hedonic price model in Xi'an; Finally, in accordance with the residential sample data, the hedonic price model of the theory of three separate spreadsheet, select the best regression model. According to regression results, further calculations of the Metro Line 2 of the housing prices along the space and time of the multiplier effect. Paper the results of the study show that Xi'an Metro Line 2 of the impact of housing prices along the radius of about 2000 meters. The effection on the time since the second half of 2006 to early 2009, the MTR conditions on the average housing prices along the value-added range of about 28.30%. The effection in space, the relative non-residential projects along the route, along the average housing prices raised 28.58%; Residential projects near the subway station every 1 m, residential prices raised an average of 0.16762 Yuan/m~2. In a radius of 2000 meters within the scope, the value of each residential projects increased by 28.54 million Yuan; All residential projects increased by about a total of 1,398,290,000 Yuan.