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Housing Price Appreciation Effects of Elevator Installation in Old Residential Areas: Empirical Evidence Based on a Multiperiod DID Model
Advances in Civil Engineering
Scientific measurement of the appreciation effect of house prices after the installation of elevators in old residential areas would help build a reasonable urban renewal investment mechanism. Based on the transaction data of second-hand houses in old residential areas with elevators installed in Beijing from 2016 to 2021, a multiperiod DID model is constructed to measure the appreciation effect, dynamic effect, and heterogeneity effect brought by the installation of elevators and to exploredoi:10.1155/2022/7949252 fatcat:v5vp7nffejfvree42je5t7iqtq