Study on the Factors Influencing Housing Price Based on the Radiation Effect of Commercial Center

DOI

10.2991/978-94-6463-256-9_171How to use a DOI?

Keywords

Housing Price; Commercial Center; HPM; Intensity of radiation effect

Abstract

By analogy with the electromagnetic radiation effect in physics, the commercial center has a radiation effect on housing price. The author establishes a model of the radiation effect of commercial center on housing price. Select the brand influence, scale and distance of the commercial center as the characteristic indicators, Hedonic Price Model (HPM) is used to solve the model. 200 houses in Dao Li District of Harbin were selected for research. The results show that brand influence has a significant influence on housing price, influence coefficient is 0.024. The distance of commercial center has significant influence on residential buildings, influence coefficient is −0.026. The scale of commercial center and brand influence has collinearity.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Jixiang Wang
AU  - Yongxiang Wu
AU  - Lu Yu
PY  - 2023
DA  - 2023/10/09
TI  - Study on the Factors Influencing Housing Price Based on the Radiation Effect of Commercial Center
BT  - Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)
PB  - Atlantis Press
SP  - 1683
EP  - 1691
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-256-9_171
DO  - 10.2991/978-94-6463-256-9_171
ID  - Wang2023
ER  -