A Study of Mechanism of Urban Residential Segregation Based on Housing Consumer Preference
Affiliation of Author(s):
管理学院
Journal:
2008 International Conference on Management Science and Engineering 15th Ammual conference proceedings
Key Words:
中文关键字：居住分异；房价；住房偏好；特征价格；SEM，英文关键字：Residential segregation, Housing price, Housing pr
Abstract:
This paper uses Hedonic theory to deduce that the degree of residential segregation depends on the degree of consumer preference for location, and consumer preference for different location attribute will result in the different urban space structure. Based on the theoretical analysis, this paper introduces Structural Equation Model to conduct an empirical analysis in Xi’an housing market. The results show that consumers have the greatest preference for the location of houses in comparison with neighborhood conditions along with the structural conditions, which results in the clearer residential segregation. Consumers prefer more for the district attribute and neighborhood conditions than the distance from the city center, thus the residential segregation in Xi’an hold a mixed structure which is mainly fan-shaped and mosaic shaped, and less concentric shaped. Moreover, the study proves that the role of government on residential segregation is greater than real estate developers. Hence, to control or weaken the tendency, we must depend on government intervening.
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