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A Study On The Evaluation Of Real Estate Investment Potential In The Six Provincial Capital Cities In Central China

Posted on:2017-04-14Degree:MasterType:Thesis
Country:ChinaCandidate:J L SongFull Text:PDF
GTID:2309330482999095Subject:Land Resource Management
Abstract/Summary:PDF Full Text Request
The conditions of real estate market itself and the investment environment are the main factors of the real estate investment potential.As the real estate industry in China’s eastern coastal cities and front-line cities starting earlier,its development is relatively more mature than it in the central and western regions,the real estate development in the western regions is slower,while it’s relatively faster in central area,which attracts many investors to the central area in recent years.This paper,based on the real estate development potential evaluation index,compares and analyzes development potential of the real estate investment in six provincial capital cities in Central China by using entropy weight method,which has a certain theoretical significance.The characteristic of the real estate investment determines its importance to the regional investment environment and investment potential evaluation.And for the government departments,only to understand local existing investment environment and potential situation and existing problems,can lay down more reasonable policies and development planning.Therefore,the comparison of the real estate investment potential in six provincial capital cities in Central China has quite important practical significance.Based on the related theories of real estate investment potential,the author expounds the influence of natural environment, infrastructure environment,social economic environment,policy environment and legal environment,etc. to real estate investment potential,this thesis constructs the index system using 37 core indexes from aspects of the real estate market itself and the external investment environment,which can directly reflect the differences in the six provincial capital cities by doing comparison and analyzing to these indexes.And then it tells the comprehensive evaluation value and sorting by using entropy weight method:Wuhan ranks the first, and then Changsha the second,Zhengzhou the third and Hefei the forth,and following Taiyuan and Nanchang rank fifth and sixth.From the condition of the real estate market itself, its ranking is Wuhan, Zhengzhou,Hefei,Changsha,Taiyuan and Nanchang.From the environment of the real estate investment,its ranking is Wuhan,Changsha,Zhengzhou,Hefei,Nanchang and Taiyuan.By synthesizing descriptive analysis and evaluation on the above,we can see that the infrastructure conditions in the six capital cities are in a stage of rapid development,but there are still many problems anddifferences,so we need to put forward corresponding suggestions according to the different cities’ conditions.The economic gross of Wuhan ranks the first in the six capital cities,but the real estate market trend is poor,in which has a high risk.Therefore,it is necessary to provide a relaxed external environment to reduce the risk of the real estate investment by improving the efficiency of the government.Changsha has comparatively the minimum real estate market risk and highest quality of economy,but poor infrastructure environment.So it needs to strengthen the construction of key projects from the following aspects:improvement of the green coverage,the transformation of groundwater and natural gas pipeline network construction,improvement of the city water supply and gas supply capacity,etc. to improve its infrastructure environment.The total population of Zhengzhou is the largest,the real estate market operates quite well,but compared with Changsha,its quality of the economy is poor.So we need to actively promote the optimization and upgrading of industrial structure,cultivate new economic growth point to improve the quality of the economy,and vigorously promote urbanization,realize the rational distribution of the population.Only in this way can it achieve a reasonable distribution of real estate demand in the space.The commercial housing supply in Hefei grows faster,but its water supply and communication infrastructure is relatively poor.So it needs to strengthen the regulation of lake,improve water quality and enhance the capacity of water supply.The real estate market itself and the investment environment in both Taiyuan and Nanchang are weaker,but the greening condition in Nanchang is better.Therefore,it is necessary for these two cities to find out new economic growth points according to its own characteristics,combining with policies of shanty town to strengthen the construction of infrastructure and supporting facilities.In Taiyuan,it especially needs to strengthen the construction of ecological civilization to provide a green environment for real estate investment.Starting from the concept of real estate investment potential,the author selects the two aspects to construct the index system of the real estate investment potential and also does a comprehensive evaluation of real estate investment potential by using entropy weight method,which has some breakthrough and innovation in this thesis.
Keywords/Search Tags:real estate industry, investment potential, evaluation
PDF Full Text Request
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