Research on the Effect of Land Transfer Mode on Land Price in Changsha

Haihua Wu () and Botong Song
Additional contact information
Haihua Wu: Shenzhen University
Botong Song: Shenzhen University

A chapter in Proceedings of the 26th International Symposium on Advancement of Construction Management and Real Estate, 2022, pp 881-893 from Springer

Abstract: Abstract In recent years, Chinese land prices have maintained a rising trend, the central government has repeatedly emphasized that we must not forget that “houses are for living in, not for speculation”, and we also stabilize land and housing prices as well as market expectations. Different land transfer modes have been implemented to strengthen the management of land supply plans, such as “limited housing price and competitive land price”, “limited land price, competitive policy housing area”, “limited housing and land price” and so on. In the process of real estate market regulation, experts and scholars have always focused on the relationship between land transfer mode and land price. First of all, this paper systematically discusses and sorts out the land transfer mode and land price-related theory as the theoretical basis for empirical analysis. Then I expound on the evolution of the land transfer modes in recent years. On this basis, taking Changsha as an example, the land transfer modes like “limit housing prices, competitive land prices” and “limit land and housing prices” have a role to play in policy effect. And this paper explores whether Changsha’s land transfer modes can effectively restrain the trend of the land rising price. Through the establishment of a Hedonic model and multi-regression analysis, it was found that Changsha can effectively curb the rising land prices by combining single-limit and double-limit land transfer policies. This shows that the stricter the land transfer mode, the greater the impact on the price of land. And finally, the corresponding proposals and measures were put forward to formulate more reasonable measures for other local governments.

Keywords: Land transfer modes; Hedonic model; Land price (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:lnopch:978-981-19-5256-2_69

Ordering information: This item can be ordered from
http://www.springer.com/9789811952562

DOI: 10.1007/978-981-19-5256-2_69

Access Statistics for this chapter

More chapters in Lecture Notes in Operations Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().