Assessment of the impact of metro systems on housing prices is important for financing transport infrastructure via value capture. This paper provides evidence for this relationship, focusing particularly on the effects of metro services, and uses the large city of Beijing, China, as a case study. A spatial error model was applied to 2835 samples of online property sales data obtained in January 2016. Three transport service indicators associated with metro transfers and waiting times were explored: (1) metro headway, (2) access to different metro lines and (3) accessibility to employment opportunities. The results show that areas with more employment opportunities via public transit have higher housing prices than other areas. Shorter metro headways are positively related to housing prices near stations. Housing prices for neighborhoods having access to more than one metro line within 800 m-buffer area are higher than those without access to metro lines, controlling for number of accessible jobs within 30 min. This study sheds light on the importance of metro services on housing prices. It has implications for further research and for the planning policies of metro-dependent cities.
The links between urban form and travel behaviour have been widely studied in the field of travel demand management. However, the existing literature is dominated by case studies from the developed countries. A study of a city in a developing and industrialising country can add some fresh evidence to the debate on the impacts of urban form on travel patterns. Using household survey data from Beijing, this paper finds that aspects of urban form have significant effects on workers' car use and the duration of travel by car in journeys to work, while controlling for socio-economic factors and households’ preferences related to residential location. The sprawling patterns of land development play a negative role in reducing motorised commuting trips and shortening vehicle hours travelled in the current processes of rapid urban expansion and motorisation. Since urban sprawl is greatly influenced by growing market forces, the findings in this paper reveal the negative effects of regulation–liberation of land development management on travel behaviour modification. 相似文献