International Conference on Construction and Real Estate Management 2016
A Study Concerning the Impact of Primary School on the Housing Prices of Guangzhou: Based on the Spatial Autoregressive Method
Publication: ICCREM 2016: BIM Application and Off-Site Construction
ABSTRACT
Based on spatial autoregressive method, a quantitative study was made about the impacts of primary school on housing price in the downtown of Guangzhou City. The results showed: The rate at which the level of primary schools made contribution to the unit price of a standard house in the downtown of Guangzhou was 1.95%; the floor area per student, 2.41%; the proportion of teachers with a bachelor’s or a master’s degree, 5.03%; the senior teachers; 3.82%. The total contribution rate was 13.21%. The numerical values in the paper are higher than the ones of international academic documents, which mainly owes to the excessive concentration of high quality primary school in Guangzhou. The relevant governmental departments should offer substantial support to the current lower level schools within a short time. In the middle and long run, local governments are expected to balance the investment in school facility and school faculty according to general rules of educational investment and the results of this empirical study.
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REFERENCES
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Information & Authors
Information
Published In
ICCREM 2016: BIM Application and Off-Site Construction
Pages: 1063 - 1069
Editors: Yaowu Wang, Ph.D., Professor, Harbin Institute of Technology, Mohamed Al-Hussein, Ph.D., Professor, University of Alberta, Geoffrey Q. P. Shen, Ph.D., Professor, The Hong Kong Polytechnic University, and Yimin Zhu, Ph.D., Professor, Louisiana State University
ISBN (Online): 978-0-7844-8027-4
Copyright
© 2017 American Society of Civil Engineers.
History
Published online: Aug 14, 2017
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