Study On The Relationship Between Real Estate Investment And Regional Economic Development In Gansu

In recent years,with the hot real estate market,people pay more attention to the relationship between real estate and economic development.As one of the pillar industries of China's economic development,the real estate plays an important role in the national economy: It can improve people's living environment,drive the vitality of regional economy,help optimize industrial structure,increase regional revenue and so on.But if we do not control it and let it develop freely,it will bring some negative effects such as stimulating the price of house price,producing bubble economy and accelerating the imbalance of economic structure.Under the current hot real estate situation,in order to ensure the healthy and coordinated development of the real estate market,the government has issued a series of macro-control policies,in 2017,the most intensive regulation policy was introduced,which strictly restricted purchase,loan limit and down payment ratio.It can be seen that the healthy operation of the real estate market is related to the national economy and the people's livelihood.As the most important economic activity in the process of real estate development and construction,the rationality of the investment scope is related to the healthy operation of the real estate market and the stable development of the economy.The obvious regional characteristics of real estate have a strong relationship with the development of regional economy.Therefore,it is of great practical significance to study the coordination of real estate investment and regional economic development.This article mainly takes inland province Gansu as the research object,Gansu province is a relatively backward developing area in Northwest China.In recent years,the development of real estate is very popular,especially in Lanzhou,house prices in the center of Lanzhou have up to more than ten thousand.However,in view of its economic development,the living standard of the residents in the province is lagging behind the national average level,and the development of urbanization has often been at the bottom.Whether the current economic development in the province is suitable for the development of real estate,real estate investment and the economic development in the province is consistent,these are problems worthy of study.At the same time,in the current accelerated development of urbanization,although the statistical data of all aspects of the total economic amount are considerable,but the differences in thedevelopment of the region,the imbalance of the distribution of resources and the imperfect social system have gradually emerged.The current research on coordination is mostly from the provincial level,and the multi dimensional Research on urban areas is still lacking,therefore,this paper takes Gansu province and its 14 cities as the research object,and evaluate the coupling coordination of economic development and real estate investment in the province from two dimensions of vertical and horizontal.This paper expounds the current situation of economic development in the province,at the same time,it also provides reference for future regional economic development strategy formulation.After summarizing the previous studies,the article constructs the index system of regional economic development from four dimensions: economic growth,industrial structure,residents' income and consumption,and urbanization development,and select the provincial historical data of 1998-2016 years in Gansu province and the development data of 14 cities for nearly three years,and make a comprehensive evaluation on the coordination of real estate investment and regional economic development in Gansu province.The final results show that the coupling coordination of real estate investment and regional economic development in Gansu province tends to high quality coupling and coordination,but its overall trend belongs to the lag of regional economic development,and the development gap between the 14 cities in the province is significant,the development level of real estate investment is not homogeneous,and the overall coordination of the cities and states is not high.