The plane of living and the precrisis evolution of housing values in the USA
研究了美国金融危机前几十年生活质量差异与住房价值的关系,结合空间人口学与计量方法,发现自然和人文设施对住房价值有不同影响,且人文设施可通过政策改善市场条件。
This article explores the relationship between quality-of-life differentials and housing values in the decades leading up to the recent financial crisis in the USA. The analysis combines older spatial demographic methods (systematic mapping) with newer spatial econometric methods (autoregressive modeling) to deliver a panoramic view of the contemporary plane of living and an evaluation of its influence on housing values through time and across space. Housing values are inextricably bound to geography— both natural amenities and human amenities matter, but in somewhat different ways. The influence of natural amenities is growing more powerful, but human amenities offer important opportunities to address market conditions because they can more readily be enhanced via public policy. Some general observations for public policy follow from these findings.