Study On The Factors Affecting Commodity Residential Land Price In Harbin

With the continuous development of our economy and the governmentbegan a nationwide land transfer policy to “bidding, auction and listing”in2004， causing our country land prices are rising and the housing prices are alsogradually rise. Since then, the government has launched measures to curb landprices and house prices rising too fast, but still with little effect. So the cause ofthe high land price and high house prices has become the concerns of the peoplefrom all walks of life.Based on the analysis of existed literatures, this paper summarizes theimpact factors of urban land price, divides them into macro and micro factors. Wehope to offer some references for the government to make macro-polices and thefuture researches. Combined with the actual situation of Harbin, with thesampling data of Harbin city residential land deals in recent years, on the basis ofHedonic price model is established on the influencing factors of Harbin cityresidential land prices is analyzed. According to the Hedonic price model showsthe characteristics of the various factors and influence degree. For macroinfluence factors of city residential land overall price level, the influence ofcommercial land value is most significant, followed by per capita income canmatch, real estate development investment accounted for the proportion of fixedasset investment, and the natural population growth rate and so on. For the microfactors that affect the residential land price level, the distance to the city center isthe most serious factors impact on residential land prices, followed by plot ratio,land area, the surrounding living facilities, the surrounding traffic conditions,limit height, nearby schools and afforestation rate. The government at this stagemakes urban land price be considered factors such as the distance to thedowntown, plot ratio, also can by changing the values of these factors to regulateland price, make the urban land price more reasonable and the land resourceconfiguration more reasonable.