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Title: The Spatial Relations between Residential Prices and Traffic Congestion——A Case of Beijing
Source: International Conference on Engineering and Business Management 2012(Part 4 Urban Management and Financial Investment) (pp 2449-2453)
Author(s): Linlin Cheng, China University of Mining and Technology (Beijing), Beijing, China, 100083
Mao Li, China University of Mining and Technology (Beijing), Beijing, China, 100083
Abstract: This paper firstly analyzes the spatial relations between residential prices and traffic congestion theoretically. Drived by the force of bid rent, commercial and service industries aggregate in the city center. Thereby, the residents' employment concentrated in downtown. At the same time, residential prices present decreasing trend from downtown to the city fringe area which makes the residents' living show suburbanization. The serious disequilibrium of spatial configuration of living-employment causes the volume of commuting increased. Therefore the traffic congestion intensified and presents decreasing trend from downtown to city fringe area. Then this paper verified the theory taking Beijing as an example. The study reveals that the separation of living-employment due to the spatial distribution of the residential price is one of the important reasons exacerbating the traffic congestion. Therefore, from the perspective of residential price, change the current spatial distribution of residential prices to promote the equilibrium of living-employment is one of the important ways to ease traffic congestion.
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