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Analyses On The Affecting Factors Of The Real Estates' Price

Posted on:2008-03-09Degree:MasterType:Thesis
Country:ChinaCandidate:B WangFull Text:PDF
GTID:2189360212492273Subject:Engineering and project management
Abstract/Summary:PDF Full Text Request
As the pillar industry, the stability of real estate development is related to the people's livelihood. However, in China, there are many real estate issues, which in most people's attention is the continuing rise in prices. Therefore, researching the root causes of the price rising of real estate and finding real estate prices affecting the effective factors, for what kind of policy can be more effective adjustment in property prices and make it slowed down growth, has an important theoretical and practical value.The paper first introduces changes in the price of real estate theory. Introduce and analysis real estate price in Japan, the United States, Britain and China's changes.Papers then outlined some of the real estate prices of basic knowledge, note from the real estate price factors, and these factors are described briefly.As the focus of research papers—on the property price quantitative analysis, we chose Beijing as the object of study. And establish multiple regression equations of the price the population, the amount of investment, income levels and Completion area .The results demonstrated that:(1) For the state of real estate prices population is not significant factor. It shows the growth of the resident population increase is not a significant reason of the price of real estate. Thus, for some people think that increasing of the resident population growth rise housing prices and that China's large population base will make continued strong housing sales is obviously unreasonable.(2) The average income, investment and completion of an area for real estate prices are significant. So the higher the income, the higher the price of real estate is. And increasing of the investment and completion area would result in real estate price's falling.Finally, according to previous research findings, the paper presents some policy proposals on inhibition of the high price of real estate.
Keywords/Search Tags:the price of real estate, regression equation, notable factors
PDF Full Text Request
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