Impacts of the urban rail transit on the real estate values

Abstract

In order to research the effects of urban rail transit on real estate value,first, this study introduces the concept and characteristics of urban rail transit, then sorts out the influence factors of the real estate value and points out the primary factor which is the rail transit. Through building mathematical function model, we discover that property value and the rail transit are the differential multiple relationships. The study benefits the research and practice in related industries.