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A Study On Real Estate Price In Guiyang City

Posted on:2015-08-25Degree:MasterType:Thesis
Country:ChinaCandidate:K P ZhangFull Text:PDF
GTID:2279330467950893Subject:Quantitative Economics
Abstract/Summary:PDF Full Text Request
As is we all know, the health of the real estate industry has a basic effect on thedevelopment of national economy. This industry has bound with national financialdevelopment and macro control policy. In addition,a regional real estate market andpeople’s income and the size of estate investment influence each other. Therefore,researching on the influence of the real estate market is particularly necessary.In recent years,“real estate bubble” of the individual regions was delight talking,especially Shanxi Shenmu, Inner Mongolia Erdos, the east area of Zhengzhou andGuiyang. This paper analysis’s industry development of the real estate market between thenational and Guiyang, and putting forward feasible suggestions.First of all, this paper introduces the real estate of Guiyang city, including the realestate investment and resident income, and then qualitative descript a point of this regionreal estate market.Secondly, this paper quantitative analysis the commercial housing prices, GDP aswell as the investment in real estate industry. The results thinking about the previousperiod housing prices and GDP has a greater influence on the current housing prices, andthe scale of real estate investment has certain positive influence to regional GDP.Finally, this paper provides relevant forecast and some practical suggestions to thedevelopment of Guiyang city from the perspective of practical application. At the sametime, this paper proposes has a positive significance to the study of other regional realestate and planning regulation of relevant departments.
Keywords/Search Tags:Guiyang, Housing prices, VAR model, Co-integration test
PDF Full Text Request
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