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Real Estate Market Econometric Analysis Of Non-equilibrium

Posted on:2012-11-28Degree:MasterType:Thesis
Country:ChinaCandidate:B WuFull Text:PDF
GTID:2189330335468468Subject:Land Resource Management
Abstract/Summary:PDF Full Text Request
Prior to real estate regulation, we must understand the status of real estate development, understand the market mechanism, grasp the nature of the market, understand the fundamental problem of the market,make the whole situation into account, treating the symptoms related policies put forward, but not stay on the surface, the introduction of an issue, deal in countermeasures.With the help of the theory of the real estate market and the Western non-equilibrium theory of economics, the use of SAS9.1 measurement software, the real estate market in Wuhan by the principal component regression analysis of data, quantitative analysis of the real estate market, the total supply and demand exists the amount of non-equilibrium and structure of the non-equilibrium problem, in this based on the measurement of software reuse SAS9.1, stepwise regression analysis of the market and the non-equilibrium relationship between real estate prices to reflect the overall objective and quantitative real estate market the nature of existing problems.The first chapter introduces the theoretical basis of this study, consists of two parts: the theory and the real estate market in the Western non-equilibrium theory of economics. A brief description of the real estate market theory the meaning of the real estate market, features, the real estate market demand and supply the meaning, characteristics, real estate market demand and supply factors. Through the equilibrium theory of economics with the West contrast, focuses on the meaning of non-equilibrium theory, the unknown sample of non-equilibrium model split the sample of non-equilibrium model known segmentation and market aggregation under the conditions of non-equilibrium model and model parameters a brief description of the estimates.The second chapter reviews the Wuhan property market from scratch, and the development process of growing. And scale from the real estate investment, land transactions, real estate turnover, real estate prices, real estate new credit lines, protection of housing construction in Wuhan and other terms of discourse status of the real estate market supply and demand. Construction area fell from a new larger, new construction fell by a larger area, the development is still insufficient confidence in the enterprise market, rising housing prices still face the pressure of housing supply and consumption structure is not reasonable, the real estate supply and consumption structure is not reasonable, houses can be sold to digest and so the pressure still exists to explain the real estate market in Wuhan, balanced performance. The third chapter is the empirical analysis, is the focus of this article. Construction of the real estate market and effective demand equation, effective supply equation and the equation of market volume, with data from 2002-2008 in Wuhan, the use of SAS9.1 measurement software, by principal component regression analysis of the above equation parameters. Out of the use of regression equations and data, to calculate the effective demand for the real estate market, the effective supply and the market volume estimate of the degree through non-equilibrium formula, quantitative calculation of the 2002-2008 real estate in Wuhan the degree of non-equilibrium, non-equilibrium analysis of the real estate market to the total degree of non-equilibrium problems. Through real estate investment structure, the structure of supply and demand of real estate products, real estate, real estate financing structure to analyze the structure of the real estate market to fly non-equilibrium problems. Through residential investment structure, residential product supply and demand structure, regional structure of residential housing market hierarchy to analyze the structure of non-residential market equilibrium problem.The fourth chapter is the real estate market in the third chapter analyzes the problem of non-equilibrium, based on the measurement of software reuse SAS9.1 analysis of housing prices and the housing market is directly related non-equilibrium, namely, by stepwise regression analysis, the average price of residential with the general area of the proportion of residential sales, low-cost rental area of the residential area ratio of total sales, sales area of affordable housing, per capita GDP, high-end apartments and villas sales area of the correspondence between the ratio to show that non-market balance led to one of the reasons housing prices.After the real estate market situation and identify problems in the real estate market, the fifth chapter is to use quantitative to regulate the amount and structure of the real estate market to achieve balanced development of the real estate market.
Keywords/Search Tags:Real estate market, total non-equilibrium, structure of non-equilibrium, number of adjustment, Wuhan City
PDF Full Text Request
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