Land, Journal Year: 2024, Volume and Issue: 13(10), P. 1663 - 1663

Published: Oct. 12, 2024

While newly built urban green spaces aim to address environmental concerns, the resulting gentrification and social inequality caused by escalating property values have become critical topics of socio-spatial research. To prevent initiatives from becoming unaffordable for their intended beneficiaries in rapidly urbanizing cities, it is essential examine spatial temporal relationships between construction new rising housing prices. This study employs a difference-in-differences methodology analyze regional disparities, impact periodicity, influence park size on prices, using Nanjing, China as case study. result reveals that introduction new-built parks Nanjing significantly impacts prices within an 800 m radius. The premium effect these substantially higher core areas compared suburban locales, demonstrating differentials. Suburban temporally exhibit prolonged lag shorter duration. Moreover, among various areas, medium-sized demonstrate most pronounced leverage effect, approximately double large parks, while small do not affect mitigate exacerbation effects enhance justice strategies, we advocate prioritizing development particularly leveraging delay policy interventions.

Language: Английский