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In the wake of urbanization, driven by a variety of individual and socio-economic merits, human’s basic residential needs and standard of living may be compromised in the urban areas, as the population agglomerates. However, the knowledge of the associations of urbanization with urban greenery and residential land prices is still in the pursuing process. This empirical research aims to contribute whether the degradation of essential living conditions is a trade-off for the pursued urban life. Hence, Taiwan is selected as the case to analyze the associated relations primarily between 1976 and 2016. The research methods involve descriptive statistics, the panel data analysis, and the cluster analysis. The panel data analysis demonstrates that degraded urban greenery and increasing residential land prices came along with the urbanization in Taiwan between 2001 and 2016. Policy implications include rethinking of the building coverage rate for renewed buildings for more plant-friendly ground, the adoption of building setback policy for more accessible mid-air mini-parks, and avoiding residential units as an investment commodity.

Do Degradation of Urban Greenery and Increasing Land Prices Often Come along with Urbanization?