Empirical Study Of Real Estate Development And Economic Growth In Guangzhou

In recent years, Chinese rapid real estate development, real estate market matures, the roleof real estate development in national economic growth is increasingly significant. Especially inlarge cities, the real estate industry to promote the process of urbanization, changing thelandscape of the city, plays an important role in the urban economy. Such as Guangzhou in SouthChina economic center, national center for the city is one of the cities of the earliest developmentof real estate, real estate development also earlier in Shanghai. Guangzhou's real estateinvestment in China's real estate investment and created a precedent for example: after thereform and opening up, Guangzhou, the first in China to attract foreign investment into realestate and construction as the first commercial residential district,"East Lake Village.Guangzhou real estate development speed and scale of development in the country's leadingposition, Guangzhou's real estate development in the national first-tier cities which are moremature and healthy, its price is relatively reasonable. Guangzhou real estate account for a largeweight in the economy of the entire city, although real estate has not been formally designated asthe pillar industries in Guangzhou, but from its Guangzhou economic point of view, in essence,the real estate industry is already in Guangzhou pillar industries.This paper finishing collecting for many years, Guangzhou City real estate-related data,detailed analysis on this basis, real estate development in Guangzhou. Start with the theoreticalanalysis to start by collecting and collating information on real estate and economic growth athome and abroad in the field of situation a detailed knowledge and understanding, grasp of thelatest academic trends. The core part is to collect large amounts of data through the creation ofeconometric models, quantitative analysis, in order to more deeply explore the linkages betweenreal estate development and economic growth in Guangzhou City, and obtained thecorresponding countermeasures and suggestions for Guangzhou City real estate and stabilitycontinued to The healthy development of the relevant recommendations.