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Research Of Variation Of Real Estate Prices In Urbanization

Posted on:2016-07-18Degree:DoctorType:Dissertation
Country:ChinaCandidate:Y H WangFull Text:PDF
GTID:1109330482458438Subject:World economy
Abstract/Summary:PDF Full Text Request
China’s economy has developed rapidly in recent years, with the urbanization rate increasing at an average annual rate of one percentage point. And the trend of population mobility and uneven economic development occur simultaneously in the process of urbanization.Meanwhile, China’s real estate market has been a great developmentUnder the progress of urbanization and with the changes in China’s real estate market, real estate prices of each region had a significant difference,which has aroused the concern of the whole society. That is what a question the healthy development of the real estate industry have to face today. Both understanding and solving the problem correctly and exploring the regularity have played an important role to promote the healthy operation of the real estate market, as well as for the healthy development of China’s economy.Real estate prices differentiation is the differences and regularity of real estate market prices in different areas due to the real estate itself and economic changes in the process of urbanization This study discussed the differentiation of real estate prices from the perspective of urbanization,which is to find out the deep-seated reasons of urban real estate prices differentiation, further to discover the law of variation in the process of China’s urbanization, which is to provide policy recommendations for a healthy and stable development of the real estate market.This paper is divided into seven chapters around the theme of differentiation The first chapter described the purpose and significance of research and technical routes. The second chapter reviewed the related theories of urbanization, real estate price factors and differentiation.The third chapter analyzed the impact of urbanization on real estate prices, which included both the foreign countries and China. And it also analyzed the real estate prices factors and the reasons for the real estate price differentiation from the aspect of urbanization.The fourth chapter wasthe theoretical framework of urbanization of real estate prices differentiation,through which it explored the impact of urbanization on the real estate price mechanism and explained how urbanization, population and economic development to create a real estate price differentiation.The fifth chapter and the sixth chapter were the empirical analysis of real estate prices differentiation. Chapter V identified the cities in different types of price differentiation and urban areas by cluster analysis,then did the similar regression analysis of urban real estate prices to find out factors affecting the price of real estate in different cities differentiation.This paper,which used the analysis software like matlab, eviews, SPSS, geode and SAS,took China’s 69 cities as research objectives and conducted a systematic study on the real estate prices differentiation by the qualitative and quantitative research methods, norms and empirical analysis. The findings of this study are as follows.In the first place,urbanization generated the impact on the real estate market and through the economy, population and space three ways to affect the real estate price,the real estate prices differentiation occurred in the process of urbanization and reflected in the spatial and temporal dimension.Urban real estate prices vary in different regions and relate in space dimension,while the leading real estate prices lag in time dimension.Real estate prices are clustered in space dimension and linked in time dimension. Last but not least, the impact of real estate prices differentiation factors were urban population, economic development and Built-up area growth rate.The innovation of this paper not only presents the development path of urbanization, put forward and explain the real estate price variation, and further analysis of the impact of different factors of urbanization.Innovations of this paper are as follows.In the first place, the topic is new, cutting-edge and reality.This paper studied the real estate prices in a deeper environment by selecting not the established variables but variables from the perspective of urbanization.Furthermore, conclusions and opinions have a certain degree of innovation.It took quantitative empirical analysis and made many new ideas instead of qualitative analysis people usually used such as the impact of population on prices.Last but not least,the arguments and theoretical system of paper have a certain innovation. It formed a complete theoretical framework by selecting the resident population as a variable,69 cities which include capital and non-capital and choosing from a large data.Research value of this paper are in the following aspects.On the one hand,it can correctly understand the impact of urbanization on the real estate market and the factors affecting the different types of urban real estate price changes and price differentiation rules.On the other hand,it can contribute to predict correctly and manage the realestate market by implementing differentiated controlpolicies on the basis of local conditions.
Keywords/Search Tags:urbanization, real estate prices, clustering, variation
PDF Full Text Request
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