Study on the influence mechanism of urban renewal on surrounding housing price
城市更新对周边房价的影响机制研究

摘要

城市更新不仅改变了物理空间格局，还通过改善居住环境、完善公共服务设施与引入资本投资，间接影响周边房地产市场。更新过程往往提升区域整体形象，增强土地利用效率，并促进就业与商业繁荣，从而推高房价。拆迁安置、社会群体结构变动以及短期建设噪音也可能带来不确定性。本文以城市更新对房价的作用机制为研究核心，揭示其在空间溢出效应、资本积聚与社会结构调整之间的内在逻辑，为理解城市更新与住房市场的互动关系提供理论支撑。

Abstract

Urban renewal not only reshapes physical spatial configurations but also indirectly influences surrounding real estate markets through improved living environments, enhanced public service facilities, and capital investments. The renewal process typically elevates regional image, boosts land use efficiency, and stimulates employment and commercial prosperity, thereby driving up housing prices. However, uncertainties may arise from demolition resettlement, shifts in social demographics, and short-term construction noise. Focusing on the mechanisms through which urban renewal affects housing prices, this study reveals the intrinsic logic linking spatial spillover effects, capital accumulation, and social structural adjustments. The findings provide theoretical support for understanding the dynamic interactions between urban renewal and housing markets.