Study the Effect of Public Transportation Expansion on Housing Price Using the Hedonic Model (A Case Study of Kermanshah)

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Movahed Marjan; SHEIKHI HOJAT

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Journal Paper

Paper Information

Journal: ENVIRONMENTAL BASED TERRITORIAL PLANNING (AMAYESH) Year:2021 | Volume:13 | Issue:51 Page(s): 159-177

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Title

Study the Effect of Public Transportation Expansion on Housing Price Using the Hedonic Model (A Case Study of Kermanshah)

Author(s)

Movahed Marjan | SHEIKHI HOJAT | Issue Writer Certificate

Keywords

public transportQ2

housing priceQ1

land useQ1

Hedonic functionQ1

KermanshahQ2

Abstract

Land and housing prices are subject to various factors and conditions. Therefore, prices are different in different times and places. In other words, at the level of a city, land and housing prices are different from one region to another based on local and socio-economic characteristics. The change in prices is one of the most visible economic reflections of intervention in physical tissue of the cities. public transport is one of the essential services of today’ s cities and ensuring that it is delivered efficiently and effectively is one of the priorities of many cities. The purpose of the present research is to study the effect of expansion of public transport on housing price using Hedonic model in the neighborhoods of Kasra, 22 Bahman and Towns of Maskan and Moallem in Kermanshah. This research is applied in which correlation method and Hedonic function were used. The effects of independent variable and dependent variables were evaluated using field studies. Thirteen variables were used of which physical condition, situation and access can be mentioned. Eviews and SPSS software were used to analyze the data and estimate the model. The obtained results showed that the coefficients of all the understudy variables were statistically meaningful. Since the p-value for all variables was less than 0. 05, so there is a meaningful relationship between the price of residential units and the studied variables.

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APA: Copy

Movahed, Marjan, & SHEIKHI, HOJAT. (2021). Study the Effect of Public Transportation Expansion on Housing Price Using the Hedonic Model (A Case Study of Kermanshah). ENVIRONMENTAL BASED TERRITORIAL PLANNING (AMAYESH), 13(51 ), 159-177. SID. https://sid.ir/paper/409427/en

Vancouver: Copy

Movahed Marjan, SHEIKHI HOJAT. Study the Effect of Public Transportation Expansion on Housing Price Using the Hedonic Model (A Case Study of Kermanshah). ENVIRONMENTAL BASED TERRITORIAL PLANNING (AMAYESH)[Internet]. 2021;13(51 ):159-177. Available from: https://sid.ir/paper/409427/en

IEEE: Copy

Marjan Movahed, and HOJAT SHEIKHI, “Study the Effect of Public Transportation Expansion on Housing Price Using the Hedonic Model (A Case Study of Kermanshah),” ENVIRONMENTAL BASED TERRITORIAL PLANNING (AMAYESH), vol. 13, no. 51 , pp. 159–177, 2021, [Online]. Available: https://sid.ir/paper/409427/en

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