The continuous expansion of China’s cities has led to a divergence in economics, population, and public service levels among different districts within the city. This has led to different housing prices, due to the resulting impact on housing supply and demand. Previous studies, although taking into account the possible differences in housing prices among different districts, have not focused on the extent to which districts affect housing prices. This study analyzes the housing price boundary effects among different districts in Hangzhou, China, using spatial discontinuity regression methods and data on newly built housing transactions from 2010 to 2021. This study also examines the impact of the integration policy, which acts to integrate suburban counties with the main urban area of Hangzhou, and whether that policy decreases the district boundary effect. The results show that the administrative boundary effect of housing prices in Hangzhou is significant, with most districts experiencing a house price boundary effect exceeding 10%. Encouraging regional integration policies effectively reduces the housing price gap that results from internal administrative divisions within the city.
Zhang et al. (Wed,) studied this question.
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