City proximity, travel modes and house prices: the three cities in Sydney

Herath, Shanaka; Jayasekare, Ajith S.

doi:10.1007/s10901-020-09805-w

Cited by 7 publications

(4 citation statements)

References 38 publications

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“…X 1i is a vector of control variables, which captures the characteristics of residential complexes including the building age (Year), floor area ratio (FAR), green rate (Green), and management service fee (Fee) of a complex. In line with existing studies [20,[35][36][37], this study also controlled for the locational characteristics X 2i of the residential complexes. The locational characteristics were measured by a complex's straight-line distance to various locations, such as the nearest subway station (D_subway), nearest hospital (D_hospital), Renmin square (D_square), Hongqiao railway station (D_station), and key primary school Land 2022, 11, 1894 5 of 14 (D_school).…”

Section: Empirical Methodsmentioning

confidence: 92%

The Effect of School Quality on House Prices: Evidence from Shanghai, China

Liu

Ye²,

Ren

et al. 2022

Land

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Understanding the housing price premium of high-quality education could be important for improving our knowledge on the formation of housing prices and potential consequences of educational resources misallocation. This paper estimates the housing price premium of high-quality primary schools in Shanghai, China. Applying the hedonic price and paired difference models with a boundary fixed effect to the house resale transaction data from January to October 2019, the study found that the housing price premium of high-quality primary school was approximately 15.6%. Moreover, the price premium of small houses was larger than that of large houses. The results suggest that high-quality education has a significant capitalization effect on housing values. This implies that the policy of restricting one student to have a seat in only one particular school within the zoning area would lead to greater education inequality and future policies should consider this effect.

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Section: Empirical Methodsmentioning

confidence: 92%

The Effect of School Quality on House Prices: Evidence from Shanghai, China

Liu

Ye²,

Ren

et al. 2022

Land

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“…In the condominium case, the fee to the tenant-owner association has a negative price effect. There is also an expected price premium for houses closer to the CBD [23,24], and the same applies to the proximity to public transportation [24,25] and shopping centres [21].…”

Section: The Theoretical and Methodological Frameworkmentioning

confidence: 99%

About the Importance of Planning the Location of Recycling Stations in the Urban Context

Wilhelmsson

2022

Sustainability

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Recycling is essential to the circular economy and reduces the environmental impact of our consumption. Creating conditions for recycling in new residential areas is relatively easy but finding good recycling opportunities in existing residential areas is more complicated. The recycling of newspapers, plastic and glass must be relatively close to where people live; at the same time, the locations must be relatively discreet and not disturb the residents in the area. The purpose of the article is to analyse the effect of small and local recycling stations (RCSs) on the attractiveness of residential areas. This has been made possible by analysing housing values for almost 200,000 housing units near 250 RCSs in Stockholm, Sweden. Using an identification strategy that relies on postal code fixed effects, we find evidence that the proximity to RCS affects housing prices on average in both owner-occupied single-family houses and cooperative owner-occupied apartments (condominiums). The results indicate that proximity to the RCS is negatively capitalised in housing values (the effect amounts to approximately 1.3 percent of the housing values), which indicates that the city should consider this in its planning.

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“…Outer areas such as Penrith (except the Penrith CBD) and Campbelltown are relatively affordable. The most plausible explanations for the contiguity of highly unaffordable housing areas are associated with the drivers of higher price premiums in inner and some middle city locations-e.g., scarcity of land, better access to employment and high-quality amenities and services (Herath and Jayasekare, 2021).…”

Section: Data Measuring Urban Heat Housing a Ordability And Urban Dis...mentioning

confidence: 99%

A triple whammy: how urban heat, housing unaffordability and disadvantage affect urban spatial resilience

Herath,

Cilliers,

Mussi

2024

Front. Sustain. Cities

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Climate change generates multiple negative impacts for cities, such as the urban heat island effect. Social stresses, including social disadvantage and housing unaffordability, compound the poor living conditions of urban residents and make our cities less resilient. This paper considers a climate event (urban heat) and social stresses (housing affordability and urban disadvantage) to explore urban resilience in Sydney. We draw on a framework for building urban climate resilience, incorporating facets of urban resilience, social stresses that amplify crises, and solutions that strengthen individuals and communities with coping abilities to withstand climate events. The study diverges from aggregate city-level analyses that hide small-area differences in climate impacts and vulnerability. The findings reveal the spatiality of these natural and social impacts, identifying 11 critical areas in Sydney impacted by the highest levels of urban heat and urban disadvantage, and two critical areas impacted by the highest levels of urban heat and housing unaffordability. We highlight the importance of context-based approaches and place-based policies to address climate risks and social vulnerabilities on the path toward creating more resilient cities.

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City proximity, travel modes and house prices: the three cities in Sydney

Cited by 7 publications

References 38 publications

The Effect of School Quality on House Prices: Evidence from Shanghai, China

The Effect of School Quality on House Prices: Evidence from Shanghai, China

About the Importance of Planning the Location of Recycling Stations in the Urban Context

A triple whammy: how urban heat, housing unaffordability and disadvantage affect urban spatial resilience

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