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Research On The Influence Of Population Aging On House Price From The Perspective Of Regional Differentiation

Posted on:2019-10-16Degree:MasterType:Thesis
Country:ChinaCandidate:S X LiFull Text:PDF
GTID:2417330548482056Subject:Statistics
Abstract/Summary:PDF Full Text Request
In recent years,China's real estate market has developed rapidly and overall prices have continued to rise.At the same time,the problem of aging population in China has also become increasingly serious with the acceleration of urbanization.The ageing of the population in our country has been deepening year by year.The aging of the population has an indirect and long-term impact on the real estate industry.As a result,house prices in our country have experienced large fluctuations.The aging of the population and the development trend of the real estate market have always been the focus of our country's attention.Therefore,it is particularly important and urgent to study the impact of population aging on house prices.This paper first collates domestic and foreign literature on the aging of the population and regional differences in real estate prices,and describes the basic concepts and issues related to population aging and housing prices in the perspective of regional differentiation,including the perspective of regional differentiation.The concept of population ageing and house prices is explained and related development history and status analysis,and historical information,related data,and simple statistical charts are used to analyze the historical development characteristics of China's real estate market,the population structure of China,and its aging population.A simple analysis and description of the impact of the regional differential relationship with house prices.Secondly,based on the differences in the level of economic development in various regions,this paper divides 31 provinces in China into three regions:the western region,the central region,and the eastern region,and finds and uses panels of 31 provincial administrative regions from 1999 to 2016 in China.Data,control of relevant variables,and the introduction of dummy variables to measure the differences between the eastern,central and western regions to construct a panel regression model to analyze the impact of real estate prices on the ageing of the population under the perspective of regional differentiation.According to the empirical results,we found that the aging of China's population can affect housing prices,and there are differences in the direction and size of the influence of aging population on housing prices in different regions.From the regional perspective,the impact of population aging on house prices has a particularly significant difference.That is to say,there is a significant positive correlation between population aging in the western region and housing prices;the correlation between population aging and housing prices in the central region is There is a weak negative correlation;however,the correlation between population aging and house prices in the eastern region shows a significant negative correlation.The aging of the population in the eastern and central and western regions has a significant difference in the image of house prices.The population aging in the central and western regions has little impact on house prices.In addition,in different regions of the country,in addition to other factors that contribute to the aging of the population,the urbanization rate,the natural birth rate of the population,the per capita real GDP,and the actual housing completion cost have a particularly large impact on the price of housing.difference.Finally,several policy recommendations were made from the aspects of constructing a forward-looking population aging response mechanism and adopting corresponding housing price adjustment policies in response to actual conditions in different regions.On the one hand,it can more effectively respond to the impact of aging population on China's real estate market,and promote the healthy and stable development of China's real estate market.On the other hand,it can also promote the sustained and stable development of the local economy and make local governments play a greater role in stabilizing the real estate market.
Keywords/Search Tags:population aging, house prices, regional differentiation
PDF Full Text Request
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