Urban Sprawl Driving Up House Price? Empirical Evidence from 291 Cities in China

Key Points

• House prices rise due to urban sprawl, indicating a strong correlation between the two variables.
• A notable increase was observed in house prices across the 291 cities analyzed, reaching significant economic indicators.
• Empirical evidence was gathered from real estate market data in 291 cities, showcasing urban sprawl's impact.
• Implications highlight potential challenges for affordable housing, calling for policy adjustments in city planning.