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A Study On The Factors Of House Prices In Beijing-Tianjin-Hebei Region

Posted on:2018-07-16Degree:MasterType:Thesis
Country:ChinaCandidate:N N ZhangFull Text:PDF
GTID:2359330515969954Subject:Regional Economics
Abstract/Summary:PDF Full Text Request
The Central Economic Work Conference in 2016 will include “the promotion of the steady and healthy development of the real estate market“ into one of the four tasks of continuing to deepen the structural reform of the supply side,and clearly put forward that “the house is used to live,not used to fry“ Of the positioning,marking the development of China's housing is expected to really enter the rational development of the times.Beijing-Tianjin-Hebei region,the overall development of the housing market is not stable,housing prices are growth,but the magnitude difference is greater.The purchasing power of the cities in Beijing and Tianjin is obviously different.The supply and demand of housing market in Beijing-Tianjin-Hebei region are not balanced,but the difference is gradually narrowing.The investment in the housing market in each city increased year by year,but the investment level of the housing market in Hebei Province was significantly lower than that in Beijing and Tianjin.Based on the above background,the paper made the following work:Firstly,analyzes the housing market difference in Beijing-Tianjin-Hebei region from the perspective of housing price and housing market supply and demand,and analyzes the operation characteristics of residential market in Beijing-Tianjin-Hebei region.Secondly,the paper analyzes the influencing factors of housing prices in Beijing-Tianjin-Hebei,and analyzes the present situation of the cities in Beijing-Tianjin-Hebei region.Thirdly,select the eight indicators,the establishment of the panel data model,the Beijing-Tianjin-Hebei region,the impact of housing prices empirical analysis of the empirical analysis:The level of economic development has the greatest impact on the housingprices of the cities of Beijing-Tianjin-Hebei region,with an average coefficient of0.8213,which reflects the positive effect of economic development on the housing market.The coefficient of foreign investment has obvious difference,and the coefficient of foreign investment in Beijing and Tangshan is relatively large.The coefficients of Tianjin and Shijiazhuang are small,but the coefficients are positive,indicating that foreign investment has a positive effect on housing prices.Industry share,house price income than the impact coefficient is negative,the negative impact on residential prices;The average coefficient of urban land price is 0.0699,indicating that urbanization has a positive effect on housing prices,the higher the urbanization rate,the higher the housing price;the average price of land price is 0.0521,which reflects the land Acquisition costs and residential prices are positively related to the higher land prices,the greater the cost of developers,housing prices corresponding increase;Real estate policy on the city of Hebei Province,the price of housing prices played a role in promoting the contrary,Beijing real estate policy on its housing prices played a certain inhibitory effect.Finally,combined with the empirical analysis,in order to promote the healthy and stable development of housing market in Beijing-Tianjin-Hebei region,we put forward the policy proposal: promote the coordinated development of the Beijing-Tianjin-Hebei region;promote the Beijing-Tianjin-Hebei region to promote the development of urbanization;optimize the Beijing-Tianjin-Hebei region land supply and demand structure;strengthen the difference between the level of opening up of Beijing-Tianjin-Hebei region.
Keywords/Search Tags:Beijing-Tianjin-Hebei region, house prices, regional differences, influencing factors
PDF Full Text Request
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