{"id":4386,"date":"2025-03-28T04:13:47","date_gmt":"2025-03-27T20:13:47","guid":{"rendered":"http:\/\/www.gssinst.org\/irer\/?p=4386"},"modified":"2025-11-29T02:35:25","modified_gmt":"2025-11-28T18:35:25","slug":"urban-village-redevelopment-and-local-housing-market-in-china","status":"publish","type":"post","link":"https:\/\/www.gssinst.org\/irer\/2025\/03\/28\/urban-village-redevelopment-and-local-housing-market-in-china\/","title":{"rendered":"Urban Village Redevelopment and Local Housing Market in China"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4386\" class=\"elementor elementor-4386\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6b084dbc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b084dbc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47d15be8\" data-id=\"47d15be8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73767d13 elementor-widget elementor-widget-text-editor\" data-id=\"73767d13\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><div class=\"article_label\">Article<\/div><p class=\"article_title\">Urban Village Redevelopment and Local Housing Market in China<\/p><div><p class=\"title_label_large\">Author<\/p><p class=\"title_label_large\">Start Page \/ End Page<\/p><p class=\"title_label\">Volume<\/p><p class=\"title_label\">Issue Number<\/p><p class=\"title_label\">Year<\/p><p class=\"title_label_large\">Publication<\/p><\/div><div><p><!-- Author \/ StartEndPage \/ Volume \/ IssueNumber \/ Year \/ Publication --><\/p><p class=\"title_text_large\">Weidong Qu, Xiaolong Liu, Yiqi Huang<\/p><p class=\"title_text_large\">21 \/ 51<\/p><p class=\"title_text\">28<\/p><p class=\"title_text\">1<\/p><p class=\"title_text\">2025<\/p><p class=\"title_text_large\">International Real Estate Review<\/p><\/div><div class=\"empty\">\u00a0<\/div><p class=\"abstract_label\">Abstract<\/p><p>With rapid urbanization taking place in China in recent decades, urban village redevelopment is increasingly recognized as a viable strategy to promote efficient land use and urban revitalization, which entails externalities at the local level. This paper examines the external effects of urban village redevelopment on the local housing market over three project phases, i.e. before, during and after redevelopment. We apply a staggered difference-in differences model to the housing transaction data of Zhengzhou city, and our results reveal the presence of a positive spillover from urban village redevelopment to the local housing market. Specifically, during the project development phase, urban village redevelopment brings about a housing price premium of 4.9% within the treatment area. After project completion, redevelopment further contributes 4.9% to the local house price premium. These results are robust to heterogeneity in terms of the redevelopment project scale as well as the economic well being of the districts where the urban villages are located.<\/p><p>\u00a0<\/p><p><!-- PDF DownloadLink --><\/p><p class=\"download\"><a href=\"http:\/\/www.gssinst.org\/irer\/wp-content\/uploads\/2025\/05\/2-MS23091701-Urban-Village-Redevelopment-in-China-Liu.pdf\" target=\"_blank\"><strong>View PDF -https:\/\/doi.org\/10.53383\/100396<\/strong><\/a><\/p><div class=\"empty\">\u00a0<\/div><div>\u00a0<\/div><div><p class=\"abstract_label\">Keywords<\/p><p>Urban revitalization, Urban village redevelopment, Housing market, China<\/p><\/div><div>\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Article Urban Village Redevelopment and Local Housing Market in China Author Start Page \/ End Page Volume Issue Number Year&hellip;<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"article-template.php","format":"standard","meta":[],"categories":[276,275],"tags":[],"_links":{"self":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/4386"}],"collection":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/comments?post=4386"}],"version-history":[{"count":9,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/4386\/revisions"}],"predecessor-version":[{"id":4602,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/4386\/revisions\/4602"}],"wp:attachment":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/media?parent=4386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/categories?post=4386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/tags?post=4386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}