An empirical analysis of the impact of Urban Rapid Rail Transit on residential property values: Based on Hangzhou

摘要

Urban Rapid Rail Transit is a safe, comfortable, convenient, environment-friendly urban infrastructure system with subsidies from the government. It has been recognized that it can improve the traffic situation of a city as well as help the development of other industries along the rail line. We gathered the datas of 47 residential properties along the NO.1, Hangzhou subway and practise regression analysis based on HPM model with the help of SPSS. Finally we sum up the whole paper and give some research findings.