Commodification of Development Rights and What It Does to the Urban Housing Market in Taiwan

Mi Shih, Ying Hui Chiang, Hsiu-Tzu Chang, Chin Oh Chang

研究成果: Article

5 引文 (Scopus)

摘要

The enactment of the transfer of development rights (TDR) policy in Taiwan since the late 1990s is part of a broader trend of commodification and deregulation of development rights. This study examines the spillover effect of TDR on the sale prices of existing housing stock that constitutes the main housing market for the majority of urban residents. Three hedonic models, ordinary least squares (OLS) regression, quantile regression, and spatial lag regression, show that the presence of TDR utilization in real estate development is a significant price driver that generates a financial burden that disproportionally affects poor families.

原文English
頁(從 - 到)194-205
頁數12
期刊Journal of Planning Education and Research
39
發行號2
DOIs
出版狀態Published - 2019 六月 1

指紋

urban housing
housing market
Taiwan
regression
spillover effect
deregulation
real estate
sale
driver
utilization
housing
rights
resident
trend
price

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Development
  • Urban Studies

引用此文

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Commodification of Development Rights and What It Does to the Urban Housing Market in Taiwan. / Shih, Mi; Chiang, Ying Hui; Chang, Hsiu-Tzu; Chang, Chin Oh.

於: Journal of Planning Education and Research, 卷 39, 編號 2, 01.06.2019, p. 194-205.

研究成果: Article

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