Impacting Factors of the Price Premium of Green Housing in Guangzhou
To explore the price premium of green housing under the dual-carbon targets in urban China,this study uses the hedonic price method to investigate the price premium of green housing in Guangzhou and identifies it's key factors.The results show that green housing in Guangzhou has the largest share among various types of green buildings with spatial heterogeneity.The premium effect of green housing is significant,with a relative premium of 8.1%.The premium rate for one-star green housing is 7.9%,while two-star green housing shows no significant premium.In addition,the premium of green housing is affected by green features,building and quality features,location features,and neighborhood features.To develop green buildings,the government and real estate enterprises should explore a new transition path from extensive growth to intensive and connotative transformation.
green housingprice premiumhedonic price methodimpacting factors
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