Research On Add Value Effect Of Urban Rail Transit On Housing Prices

The rapid development of China’s economy brought about urbanization andmotorization levels significantly increased, but also heavy pressure on the majorcities。Traditional urban transport systems have been overwhelmed, traffic congestion,road congestion, accidents, energy over-consumption, noise and air pollutionproblems have become increasingly prominent。Urban Rail Transit transport hasunique advantages such as low pollution, low noise, low power, high speed, smallfootprint, comfortable, all-weather compared to traditional urban transport systems.It Is the first choice for world’s developed countries to solve the traffic problems. Butrail transit projects need huge investment, and it’s operating income is difficult toachieve balance，therefore it impose a heavy financial pressure the government and isnot conducive to their sustainable development. However, rail transport has obviousexternal benefits，The formation of the aggregation effect is bound to change theexcessive fragmentation of urban development and spatial distribution of land usepatterns，promote value-added real estate along，the central region and elsewheretight junctions，it is also able to save land for urban construction and developmentspace，optimize the layout of urban space and urban space saving resources play animportant role. Therefore, quantitative analysis of the effectiveness is of value. Thenrational planning nets and sites, along with property and land developers jointlypromote internalization of external benefits has profound application value.Hedonic Price methois the most mainstream way to study the impact of theinternational micro-determinants of house prices，Academic literature in the Asianreal estate, more than half of the study are based on hedonic price model，Thusexplaining spatial differences housing price reasons for the formation，Hedonic pricemodel can be the inherent characteristics of the residential properties through theevaluation and quantitative determination of the price of housing，This articlefeatures selected price method as the research method.Next,the following conclusions can get by collect data、built modeling andusing SPSS regression analysis，：the impact of rail traffic around2KM radius, mostnotably within900meters；Subway stations on the500meters,500-1000m,1000-1500meters of real estate within the scope of the role of different value-added；Three from the value-added segment ratio is5.29:4.22:1，Metro on the price before theopening of the added value larger than that of the opening of。...