- 中图分类号：F293.33 文献标识码：A
- A Review on the Impacts of Educational Facilities on Neighboring Housing Price in China
- 张周青 徐梦洁 庄舜尧
- ZHANG Zhouqing XU Mengjie ZHUANG Shunyao
- Abstract: At present, the properties of urban education facilities have been taken into consideration by consumers in their decision process of residential real estate purchasing. Since the application of hedonic price model in the field of public goods evaluation, more and more researchers have conducted quantitative studies to examine the relationship between urban educational facilities and real estate price. In this paper recent relevant literatures have been classified into three categories: documentation exploring the influence of the number of educational facilities on residential house price, documentation exploring the impact of quality of educational facilities and those exploring the distance between educational facilities and real estate. Generally these studies were of small scale, focusing more in major cities due to accessibility of data. And in most cases only part of the nearby educational facilities around the real estate were analyzed and for further model fitting. Additionally the quality of facilities was difficult to be quantified, resulting in a much less relevant literature. Finally research prospect was discussed.
- Key words: education facilities; housing price; literature review