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Research On Urbanization And Real Estate Market Relations Of Yangzhou

Posted on:2015-07-30Degree:MasterType:Thesis
Country:ChinaCandidate:P HuFull Text:PDF
GTID:2309330470482315Subject:Architecture and civil engineering
Abstract/Summary:PDF Full Text Request
Urbanization is a process that population and factors of production process gathering to a regional,when the development of productive develop to a certain level,and it’s a long and intricate process.. Urbanization is inevitable for the development of the society, and its specific aspects are as follows:the concentration of urban population, the increasing number of cities, the expansion of urban size and urban modernization. At present, China is in developing fast in the process of urbanization,and China’s real estate market has also won a considerable development, however, we must realize that some problems are caused by urbanization at the same time, such as the excessive population growth, the high housing price and the weak urban infrastructure. What is the relationship between the current situation of urbanization and the development of the real estate market, and how to take advantage of urbanization and avoid disadvantages makes the research on the such relationship is so significant.The rapid development of urbanization provides enormous space for the development of the real estate market, and the real estate market also provides the material basis and the various security for the process of the urbanization.The development of urbanization and the real estate market are two closely related processes, they complement each other and promote each other,In this paper, it starts with the basic concept of urbanization and the real estate market, and the interaction between the two are analyzed in theory.Then it takes Yangzhou City as example, and according to the current development situation and the level of urbanization of Yangzhou as the background to select relevant indexes as the subjects investigated, finally an empirical analysis is made to analyze the relationship between the urbanization and the real estate market.The article adopts the urbanization rate (Y) to reflect the level of urbanization development, and selects real estate development investment (X1), commercial housing sales area (X2) and the commercial housing sales price (X3) to reflect the level of the real estate market development, also selected the per capital gross domestic product (X4) to reflect the level of economic development of Yangzhou City. The results of the study show that, there is a long-term stable relationship between the real estate investment, per capital GDP and the urbanization rate. Finally, on the basis of the research, it points out the deficiency of the research, and puts forward some related suggestions.
Keywords/Search Tags:urbanization, real estate market, vector auto regression model
PDF Full Text Request
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