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An Empirical Study On The Impact Of Key Indicators Of Housing Leasing Market On Commercial Housing Price

Posted on:2020-07-01Degree:MasterType:Thesis
Country:ChinaCandidate:J HuangFull Text:PDF
GTID:2439330596993913Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
With the high housing prices and the development of the housing rental market has become a social issue in China,what is the relationship between the development of the housing rental market and housing prices? How do the key indicators of the development of the housing leasing market affect the housing price and how do these effects work? For this reason,the research at home and abroad is relatively limited,and there is a lack of quantitative analysis and in-depth study on the development of the housing rental market and its impact on housing prices.Therefore,this paper intends to explore and solve these problems.Firstly,it summarizes relevant research at home and abroad.On this basis,it summarizes and draws on the research results of predecessors,and summarizes and obtains six key indicators for evaluating the development of China's housing leasing market,based on key indicators.The development status of China's housing rental market is evaluated.Secondly,based on the relevant research results,combined with the analysis of the correlation of the development of housing rental market in China on the price of commercial housing,the hypothesis is put forward.Thirdly,according to the theoretical model of commercial housing price,the establishment of the empirical model and the selection of relevant variables are realized,and the influence of the relevant data of 31 key cities in China on the price of commercial housing is further demonstrated.Finally,based on the empirical results,give recommendations.The main conclusions of this paper are as follows: First,the development of the housing rental market does have a significant inhibitory effect on the price of commercial housing,and there is a certain degree of regional heterogeneity;second,the housing sales and rent ratio,the scale of the housing rental market,the housing rental market The three key indicators of activity have a significant inhibitory effect on the price of commercial housing.In contrast,compared with the eastern part,the price of commercial housing in the Midwest is relatively less affected by the ratio of housing sales to rent,and the size of the housing rental market and housing lease.The influence of market activity is even greater;thirdly,the rent income has a positive impact on the price of commercial housing.In contrast,compared with the eastern part,the price of commercial housing in the central and western regions is relatively less affected by the ratio of rent to rent;In terms of the proportion of housing rental population,the analysis results of the three are slightly different.The whole sample and the central and western regions all show the effect of suppressing the price of commercial housing,while in the eastern region,it has a positive effect.
Keywords/Search Tags:Housing leasing market, key indicators, commercial housing price, panel regression analysis
PDF Full Text Request
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