Effects of Urban Road Centrality on Property Values: Spatial Hedonic Analysis of the Housing Market in Wuhan, China

2019 ◽  
Vol 145 (2) ◽  
pp. 05019005 ◽  
Author(s):  
Ronghui Tan ◽  
Kehao Zhou ◽  
Hengzhou Xu

Subject The likelihood of a housing market crash in New Zealand. Significance On March 1, average house prices in Auckland, New Zealand's largest city, reached an all-time high of 764,424 New Zealand dollars (564,420 dollars) -- an increase of 1.9% from January 2015. There are considerable fears that the New Zealand housing market, as with its Australian counterpart, could be in a bubble at risk of bursting. Impacts High property values will detract from New Zealand's appeal as a destination for entrepreneurs. Further 'currency wars' may drive investment in the relative safe holdings of New Zealand property. Expectations of a rate hike in Q4 may be too relaxed if property values continue to rise. Forecast GDP growth of 3.0% in 2015 will be revised downward if China faces a greater slowdown than at present.


1984 ◽  
Vol 15 (1) ◽  
pp. 87-106 ◽  
Author(s):  
Alex Anas ◽  
Sung Jick Eum

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