1. Location factor: Longhe Waterfront is located near Jiaozhou Bay Airport, which is the only route for airplanes to fly, so there is a lot of noise every day. Noise may have an impact on living comfort, which may be one of the reasons for low housing prices.
2. Property right factor: The house on the bank of Longhe River is a small property right, that is, it has only 40 years of property right, while the house with big property right has 70 years of property right. In contrast, the price of small property houses is cheaper.
3. Cost of use: The house on the bank of the Longhe River may be a commercial and residential house, and the water, electricity and gas are all commercial. Compared with ordinary houses, the use cost may be higher, which may be another reason for the lower house price.
4. Building structure: The floors of duplex houses are relatively low, which may give people a sense of oppression. In addition, the large area and small depth of duplex residence may lead to poor orientation of some units, poor natural lighting and echo noise in hollow space. These factors may affect people's choice of buying a house, making the house price relatively low.
To sum up, the relatively low housing prices on the banks of the Longhe River are mainly due to the comprehensive influence of location, property rights, use cost and building structure.