| Summary: | 碩士 === 國立政治大學 === 應用經濟與社會發展英語碩士學位學程(IMES) === 107 === In recent years, the government has tried to solve the problem of high housing prices by developing social housing. However, nearby residents often think that social housing will cause low quality and falling housing prices in the surrounding living environment, which can be explained as a NIMBY(not in my backyard) facility. At present, apart from Taipei City and New Taipei City, the number of social housing samples in other counties and cities is slightly insufficient. As a result, most of the research in Taiwan on the relationship between social housing and housing prices are based on Taipei City. Hence, this study will focus on social housing in New Taipei City and observe whether it will cause falling housing prices or not.
This study applies OLS model based on Hedonic price theory and conducts an empirical analysis on the transaction price of real estate from 2016 to 2018 to study the effect of rental social housing on the surrounding residential price within 500 meters. The empirical results show that social housing within 500 meters will cause the surrounding residential price to increase significantly by about 2.5%, breaking the impression of NIMBY facility in the past.
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