轨道交通对住宅价格影响的资产价值法分析

It is believed that rail transit is the most effective way to solve the urban traffic problem. However, due to the large initial investment, it is valuable to study the problem on the return of the investment benefit. We first proves that the benefit of the construction of the rail transit will be the increased value of the land along the rail, and the benefit can be considered as the difference between the land prices before and after the open of the rail. Second, based on this theory, by taking Dalian LRT NO.3 as the case study, we develop a practical Hedonic Approach model. And then, we calculate influence of the being planned Dalian LRT NO.4 on the land price. Finally, some concrete strategies about how to develop the lands along the Dalian LRT NO.4 are put forth.