Study on Urban Rational Land Price Based on Coordination Degree of Land Quality——A Case Study of Residential Land Price of 35 Key Monitoring Cities in China
Abstract:
The study of rational urban land price is an objective need of urban land assets accounting and value evaluation, which can provide a basis for the government to make scientific decision in accordance with the price signals. Taking the housing land price in 35 key cities of China in 2008-2013 as the object of study and using the multi-factor comprehensive evaluation method, the authors measured the quality of their urban land price. Then they used serialization comparison to measure the degree of coordination between urban land prices, and judged the rational land price of these cities by the construction of a regression model. The results indicated that the overall change of residential land price during the study period showed a steady upward trend except Harbin and Nanjing and other 7 cities, where urban land price decreased slightly; that the residential land price was in the reasonable range in 60% of the cities studied, while considerable disparity was detected between the real value and the theoretical value of land price in the other cities; that based on the level of economic development and land price level, the eastern coastal cities had better conditions and exhibited a double-high type, while the central and western regions of the country were relatively poor and formed a double-low type; and that in cities with more reasonable land price, their land price was generally well coordinated with land price quality and a fairly high matching degree existed between the two.
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