Measuring Impacts of Urban Environmental Elements on Housing Prices Based on Multisource Data—A Case Study of Shanghai, China

Influence of urban forests on residential property values: A systematic review of remote sensing-based studies

Urban forests provide direct and indirect benefits to human well-being that are increasingly captured in residential property values. Remote Sensing (RS) can be used to measure a wide range of forest and vegetation parameters that allows for a more detailed and better understanding of their specific influences on housing prices. Herein, through a systematic literature review approach, we reviewed 89 papers (from 2010 to 2022) from 21 different countries that used RS data to quantify vegetation indices, forest and tree parameters of urban forests and estimated their influence on residential property values. The main aim of this study was to understand and provide insights into how urban forests influence residential property values based on RS studies. Although more studies were conducted in developed (n = 55, 61.7%) than developing countries (n = 34, 38.3%), the results indicated for the most part that increasing tree canopy cover on property and neighborhood level, forest size, type, greenness, and proximity to urban forests increased housing prices. RS studies benefited from spatially explicit repetitive data that offer superior efficiency to quantify vegetation, forest, and tree parameters of urban forests over large areas and longer periods compared to studies that used field inventory data. Through this work, we identify and underscore that urban forest benefits outweigh management costs and have a mostly positive influence on housing prices. Thus, we encourage further discussions about prioritizing reforestation and conservation of urban forests during the urban planning of cities and suburbs, which could support UN Sustainable Development Goals (SDGs) and urban policy reforms.

Editorial on Special Issue “Geo-Information Technology and Its Applications”

Geo-information technology plays a critical role in urban planning and management, land resource quantification, natural disaster risk and damage assessment, smart city development, land cover change modeling and touristic flow management. In particular, the development of big data mining and machine learning techniques (including deep learning) in recent years has expanded the potential applications of geo-information technology and promoted innovation in approaches to mining in different fields. In this context, the International Conference on Geo-Information Technology and its Applications (ICGITA 2019) was held in Nanchang, Jiangxi, China, 11–13 October 2019, co-organized by the Key Laboratory of Digital Land and Resources, East China University of Technology, the Institute of Remote Sensing and Digital Earth (RADI) of the Chinese Academy of Sciences (CAS), which was renamed in 2017 the Aerospace Information Research Institute (AIR), CAS, and the Institute of Space and Earth Information Science of the Chinese University of Hong Kong. The outstanding papers presented at this event and some other original articles were collected and published in this Special Issue “Geo-Information Technology and Its Applications” in the International Journal of Geo-Information. This Special Issue consists of 14 high-quality and innovative articles that explore and discuss the typical applications of geo-information technology in the above-mentioned domains.

A Machine Learning and Computer Vision Study of the Environmental Characteristics of Streetscapes That Affect Pedestrian Satisfaction

Pedestrian-friendly cities are a recent global trend due to the various urbanization problems. Since humans are greatly influenced by sight while walking, this study identified the physical and visual characteristics of the street environment that affect pedestrian satisfaction. In this study, vast amounts of visual data were collected and analyzed using computer vision techniques. Furthermore, these data were analyzed through a machine learning prediction model and SHAP algorithm. As a result, every visual feature of the streetscape, for example, the visible area and urban design quality, had a greater effect on pedestrian satisfaction than any physical features. Therefore, to build a street with high pedestrian satisfaction, the perspective of pedestrians must be considered, and wide sidewalks, fewer lanes, and the proper arrangement of street furniture are required. In conclusion, visually, low enclosure, adequate complexity, and large green areas combine to create a highly satisfying pedestrian walkway. Through this study, we could suggest an approach from a visual perspective for the pedestrian environment of the street and see the possibility of using computer vision techniques.

Associations Between Street-View Perceptions and Housing Prices: Subjective vs. Objective Measures Using Computer Vision and Machine Learning Techniques

This study investigated the extent to which subjectively and objectively measured street-level perceptions complement or conflict with each other in explaining property value. Street-scene perceptions can be subjectively assessed from self-reported survey questions, or objectively quantified from land use data or pixel ratios of physical features extracted from street-view imagery. Prior studies mainly relied on objective indicators to describe perceptions and found that a better street environment is associated with a price premium. While very few studies have addressed the impact of subjectively-assessed perceptions. We hypothesized that human perceptions have a subtle relationship to physical features that cannot be comprehensively captured with objective indicators. Subjective measures could be more effective to describe human perceptions, thus might explain more housing price variations. To test the hypothesis, we both subjectively and objectively measured six pairwise eye-level perceptions (i.e., Greenness, Walkability, Safety, Imageability, Enclosure, and Complexity). We then investigated their coherence and divergence for each perception respectively. Moreover, we revealed their similar or opposite effects in explaining house prices in Shanghai using the hedonic price model (HPM). Our intention was not to make causal statements. Instead, we set to address the coherent and conflicting effects of the two measures in explaining people’s behaviors and preferences. Our method is high-throughput by extending classical urban design measurement protocols with current artificial intelligence (AI) frameworks for urban-scene understanding. First, we found the percentage increases in housing prices attributable to street-view perceptions were significant for both subjective and objective measures. While subjective scores explained more variance over objective scores. Second, the two measures exhibited opposite signs in explaining house prices for Greenness and Imageability perceptions. Our results indicated that objective measures which simply extract or recombine individual streetscape pixels cannot fully capture human perceptions. For perceptual qualities that were not familiar to the average person (e.g., Imageability), a subjective framework exhibits better performance. Conversely, for perceptions whose connotation are self-evident (e.g., Greenness), objective measures could outperform the subjective counterparts. This study demonstrates a more holistic understanding for street-scene perceptions and their relations to property values. It also sheds light on future studies where the coherence and divergence of the two measures could be further stressed.

Factors Underlying Spatiotemporal Variations in Atmospheric PM2.5 Concentrations in Zhejiang Province, China

Fine particulate matter in the lower atmosphere (PM2.5) continues to be a major public health problem globally. Identifying the key contributors to PM2.5 pollution is important in monitoring and managing atmospheric quality, for example, in controlling haze. Previous research has been aimed at quantifying the relationship between PM2.5 values and their underlying factors, but the spatial and temporal dynamics of these factors are not well understood. Based on random forest and Shapley additive explanation (SHAP) algorithms, this study analyses the spatiotemporal variations in selected key factors influencing PM2.5 in Zhejiang Province, China, for the period 2000–2019. The results indicate that, while factors influencing PM2.5 varied significantly during the period studied, SHAP values suggest that there is consistency in their relative importance as follows: meteorological factors (e.g., atmospheric pressure) > socioeconomic factors (e.g., gross domestic product, GDP) > topography and land cover factors (e.g., elevation). The contribution of GDP and transportation factors initially increased but has declined in the recent past, indicating that economic and infrastructural development does not necessarily result in increased PM2.5 concentrations. Vegetation productivity, as indicated by changes in NDVI, is demonstrated to have become more important in improving air quality, and the area of the province over which it constrains PM2.5 concentrations has increased between 2000 and 2019. Mapping of SHAP values suggests that, although the relative importance of industrial emissions has declined during the period studied, the actual area positively impacted by such emissions has actually increased. Despite developments in government policy, greater efforts to conserve energy and reduce emissions are still needed. The study further demonstrates that the combination of random forest and SHAP methods provides a valuable means to identify regional differences in key factors affecting atmospheric PM2.5 values and offers a reliable reference for pollution control strategies.

Subjectively Measured Streetscape Perceptions to Inform Urban Design Strategies for Shanghai

Recently, many new studies applying computer vision (CV) to street view imagery (SVI) datasets to objectively extract the view indices of various streetscape features such as trees to proxy urban scene qualities have emerged. However, human perception (e.g., imageability) have a subtle relationship to visual elements that cannot be fully captured using view indices. Conversely, subjective measures using survey and interview data explain human behaviors more. However, the effectiveness of integrating subjective measures with SVI datasets has been less discussed. To address this, we integrated crowdsourcing, CV, and machine learning (ML) to subjectively measure four important perceptions suggested by classical urban design theory. We first collected ratings from experts on sample SVIs regarding these four qualities, which became the training labels. CV segmentation was applied to SVI samples extracting streetscape view indices as the explanatory variables. We then trained ML models and achieved high accuracy in predicting scores. We found a strong correlation between the predicted complexity score and the density of urban amenities and services points of interest (POI), which validates the effectiveness of subjective measures. In addition, to test the generalizability of the proposed framework as well as to inform urban renewal strategies, we compared the measured qualities in Pudong to other five urban cores that are renowned worldwide. Rather than predicting perceptual scores directly from generic image features using a convolution neural network, our approach follows what urban design theory has suggested and confirmed as various streetscape features affecting multi-dimensional human perceptions. Therefore, the results provide more interpretable and actionable implications for policymakers and city planners.

Panoramic Street-Level Imagery in Data-Driven Urban Research: A Comprehensive Global Review of Applications, Techniques, and Practical Considerations

The release of Google Street View in 2007 inspired several new panoramic street-level imagery platforms including Apple Look Around, Bing StreetSide, Baidu Total View, Tencent Street View, Naver Street View, and Yandex Panorama. The ever-increasing global capture of cities in 360° provides considerable new opportunities for data-driven urban research. This paper provides the first comprehensive, state-of-the-art review on the use of street-level imagery for urban analysis in five research areas: built environment and land use; health and wellbeing; natural environment; urban modelling and demographic surveillance; and area quality and reputation. Panoramic street-level imagery provides advantages in comparison to remotely sensed imagery and conventional urban data sources, whether manual, automated, or machine learning data extraction techniques are applied. Key advantages include low-cost, rapid, high-resolution, and wide-scale data capture, enhanced safety through remote presence, and a unique pedestrian/vehicle point of view for analyzing cities at the scale and perspective in which they are experienced. However, several limitations are evident, including limited ability to capture attribute information, unreliability for temporal analyses, limited use for depth and distance analyses, and the role of corporations as image-data gatekeepers. Findings provide detailed insight for those interested in using panoramic street-level imagery for urban research.

The Premium of Public Perceived Greenery: A Framework Using Multiscale GWR and Deep Learning

Population agglomeration and real estate development encroach on public green spaces, threatening human settlement equity and perceptual experience. Perceived greenery is a vital interface for residents to interact with the urban eco-environment. Nevertheless, the economic premiums and spatial scale of such greenery have not been fully studied because a comprehensive quantitative framework is difficult to obtain. Here, taking advantage of big geodata and deep learning to quantify public perceived greenery, we integrate a multiscale GWR (MGWR) and a hedonic price model (HPM) and propose an analytic framework to explore the premium of perceived greenery and its spatial pattern at the neighborhood scale. Our empirical study in Beijing demonstrated that (1) MGWR-based HPM can lead to good performance and increase understanding of the spatial premium effect of perceived greenery; (2) for every 1% increase in neighborhood-level perceived greenery, economic premiums increase by 4.1% (115,862 RMB) on average; and (3) the premium of perceived greenery is spatially imbalanced and linearly decreases with location, which is caused by Beijing's monocentric development pattern. Our framework provides analytical tools for measuring and mapping the capitalization of perceived greenery. Furthermore, the empirical results can provide positive implications for establishing equitable housing policies and livable neighborhoods.

Applying Comparable Sales Method to the Automated Estimation of Real Estate Prices

In this paper, we propose a novel procedure designed to apply comparable sales method to the automated price estimation of real estates, in particular, that of apartments. Apartments are the most popular residential housing type in Korea. The price of a single apartment is influenced by many factors, making it hard to estimate accurately. Moreover, as an apartment is purchased for living, with a sizable amount of money, it is mostly traded infrequently. Thus, its past transaction price may not be particularly helpful to the estimation after a certain period of time. For these reasons, the up-to-date price of an apartment is commonly estimated by certified appraisers, who typically rely on comparable sales method (CSM). CSM requires comparable properties to be identified and used as references in estimating the current price of the property in question. In this research, we develop a procedure to systematically apply this procedure to the automated estimation of apartment prices and assess its applicability using nine years’ real transaction data from the capital city and the most-populated province in South Korea and multiple scenarios designed to reflect the conditions of low and high fluctuations of housing prices. The results from extensive evaluations show that the proposed approach is superior to the traditional approach of relying on real estate professionals and also to the baseline machine learning approach.