COVID-19 effects on property markets: The pandemic decreases the implicit price of metro accessibility

L Yang, Y Liang, B He, Y Lu, Z Gou - Tunnelling and Underground Space …, 2022 - Elsevier
The metro (or underground railways) has become a backbone in the transit systems of many
cities. It has numerous externalities, such as ameliorating traffic congestion and enhancing …

COVID-19 moderates the association between to-metro and by-metro accessibility and house prices

L Yang, Y Liang, B He, H Yang, D Lin - Transportation Research Part D …, 2023 - Elsevier
Previous studies extensively examined the role of accessibility to metro in shaping house
prices but largely overlooked the contribution of accessibility by metro. In addition, limited …

Place-varying impacts of urban rail transit on property prices in Shenzhen, China: Insights for value capture

L Yang, Y Chen, N Xu, R Zhao, KW Chau… - Sustainable Cities and …, 2020 - Elsevier
Urban rail transit (URT) is shown to mitigate numerous contemporary urban problems (eg,
traffic congestion and environmental degradation). To reap such gains, many Chinese cities …

[HTML][HTML] Subway opening, traffic accessibility, and housing prices: A quantile hedonic analysis in Hangzhou, China

H Wen, Z Gui, C Tian, Y Xiao, L Fang - Sustainability, 2018 - mdpi.com
Most existing studies empirically investigated the impact of rail transit on housing prices
using the traditional hedonic price model, which is based on ordinary least squares (OLS) …

The impact of COVID-19 on the housing market: evidence from the Yangtze river delta region in China

M Yang, J Zhou - Applied Economics Letters, 2022 - Taylor & Francis
We investigate the impacts of COVID-19 on the housing market in the Yangtze river delta
region in China. We divide data into the groups of the municipality directly under the central …

Regional impact of rail network accessibility on residential property price: Modelling spatial heterogeneous capitalisation effects in Hong Kong

SY He - Transportation Research Part A: Policy and Practice, 2020 - Elsevier
With new rail lines, residents can enjoy higher accessibility and more activity opportunities.
However, better access to public transport can potentially increase land prices in catchment …

The impact of metro services on housing prices: a case study from Beijing

S Li, L Chen, P Zhao - Transportation, 2019 - Springer
Assessment of the impact of metro systems on housing prices is important for financing
transport infrastructure via value capture. This paper provides evidence for this relationship …

JUE Insight: COVID-19 and household preference for urban density in China

N Huang, J Pang, Y Yang - Journal of Urban Economics, 2023 - Elsevier
This paper investigates the effect of COVID-19 on both housing prices and housing price
gradients in China using transaction level data from 60 Chinese cities. After using a …

The effect of new metro stations on local land use and housing prices: The case of Wuhan, China

R Tan, Q He, K Zhou, P Xie - Journal of Transport Geography, 2019 - Elsevier
The metro system is an important means of transportation for urban residents in mega-cities
in China, where not all families can afford an automobile and there are policy restrictions on …

The impact of the COVID-19 pandemic on the demand for density: Evidence from the US housing market

S Liu, Y Su - Economics letters, 2021 - Elsevier
We study the impact of the COVID-19 pandemic on the location demand for housing. We find
that the pandemic has led to a shift in housing demand away from neighborhoods with high …