Factors Affecting Residential Price Byschool District Based On Hedonic Model

This research mainly studies the following three aspects: First,the status quo of Tianjin real estate,including descriptive statistics and analysis of Tianjin housing prices,the cost structure of Tianjin commercial housing price composition and the Tianjin market price and cost price in the past ten years.Relationship;Second,the analysis of the influencing factors of Tianjin housing prices,based on the price model to analyze the factors affecting Tianjin real estate prices,and analyze the six districts and suburbs in the city respectively;Third,the Tianjin school district housing prices The impact is analyzed by regression.This study draws the following conclusions from descriptive statistics and binary regression analysis: First,from 2008 to 2017,market prices are rising,cost prices are also rising,market prices fluctuating around cost prices,market prices and cost prices Getting closer and closer.Second,Tianjin’s housing prices have grown significantly from January 2016 to March 2017 and have stabilized since April 2017.Third,through mixed regression,we can see the negative impact of ring position,floor area ratio and house age on house prices and the positive impact of greening rate and brand effect,but the age-variable variables are not significant;but in the city’s six districts When analyzed with the suburbs,it was found that the age-related variables had a significant negative correlation with the housing prices in the suburbs,and the geographical location had a significant impact on the housing prices in the central urban area.Fourth,school district housing has a greater impact on housing prices in Tianjin;school districts in primary,middle,and high schools all have a premium impact on housing prices,and the three categories of school districts from high-school district to high school have a decreasing trend.The premium effect of different urban school districts is different and is related to the educational resources of each district.This research has important theoretical and practical value.From a theoretical point of view,this study establishes a real-price price characteristic price model,which provides a new method for real estate price evaluation,which changes thetraditional single-asset valuation method;From a practical point of view,through the price characteristic model equation,the whole region can be included in the scope of assessment,which can greatly improve the evaluation efficiency,and meet the demand for batch evaluation caused by the large increase in transaction volume in the case of market turmoil.