Commodity Housing and the Socio-spatial Structure in Guangzhou: A study based on estate-level residential property prices

Commodity housing has become a major engine of urban restructuring and social change in China. It is alleged to aid growing residential segregation and urban fragmentation. In this context, housing price is viewed as an important sorting mechanism. This article investigates this claim by looking at...

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Bibliographic Details
Published inChina perspectives Vol. 2(94; pp. 41 - 51
Main Authors Flocke, Ryanne, Breitung, Werner, Lixun, Li
Format Journal Article
LanguageEnglish
Published 01.01.2013
Subjects
China
China (People's Republic)
Cities
Commodities
Housing
Housing Market
Markets
Prices
Property
Residential Segregation
Social Change
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Summary:Commodity housing has become a major engine of urban restructuring and social change in China. It is alleged to aid growing residential segregation and urban fragmentation. In this context, housing price is viewed as an important sorting mechanism. This article investigates this claim by looking at Guangzhou's housing market and analysing data of 797 commercial housing estates. It analyses the development of commodity housing and the trends of housing prices in the city and maps the locational patterns of high, middle, or low housing affordability within this sector. Adapted from the source document.
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ISSN:2070-3449