The Impact of the 2008 Olympic Games on Residential Property Prices in Wangjing, Beijing

16 Pages Posted: 31 Oct 2009

See all articles by Helen X. H. Bao

Helen X. H. Bao

University of Cambridge - Department of Land Economy

Wang Mei

affiliation not provided to SSRN

Date Written: October 30, 2009

Abstract

The purpose of this case is to provide a setting to analyze the impact of major events (e.g., the Olympic Games) on property prices. By focusing on the Wangjing area in Beijing, the impact of the 2008 Olympic Games on Beijing’s residential property market can be analyzed using transaction data between 1997 and 2008. Students will also have the opportunity to apply hedonic price modeling method in the condominium market in China. The case is useful in a real estate valuation course, a real estate investment course, or an urban economics course.

Keywords: Hedonic price modelling, House Prices, Mage Events, Olympic Games

Suggested Citation

Bao, Helen X. H. and Mei, Wang, The Impact of the 2008 Olympic Games on Residential Property Prices in Wangjing, Beijing (October 30, 2009). Available at SSRN: https://ssrn.com/abstract=1496962 or http://dx.doi.org/10.2139/ssrn.1496962

Helen X. H. Bao (Contact Author)

University of Cambridge - Department of Land Economy ( email )

19 Silver Street
Cambridge, CB3 9EP
United Kingdom

Wang Mei

affiliation not provided to SSRN ( email )

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