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Study On The Influence Of New Regulation Policies On Nanjing Real Estate Market

Posted on:2021-05-16Degree:MasterType:Thesis
Country:ChinaCandidate:X HuFull Text:PDF
GTID:2439330614458012Subject:Finance
Abstract/Summary:PDF Full Text Request
Under the background of the continuous development of China's economy,the real estate industry is also showing rapid development and has become a major growth point of China's national economy.Whether the real estate industry can develop healthily directly affects the national economic growth and social stability.Since 2012,the government has issued a series of control policies to maintain the steady development of the real estate market in order to stabilize the rapid price growth in the real estate market.However,due to the influence of factors such as the market,purchasing power and the soaring demand for housing,the real estate price control has not achieved the expected effect.In recent years,investment in the national real estate market has been overheated,and real estate bubbles have appeared in second-and thirdtier cities.The government has restricted the phenomenon of real estate speculation by restricting purchase and loans,and regulated the supply and demand structure of real estate by providing affordable housing,so that the distance between house prices and the people's disposable income of housing has been narrowed and the real estate market price has gradually returned to rationality.Based on the research on the change trend of real estate prices in Nanjing in recent years,this paper analyzes the relevant market structural indicators and trend charts,and combines the relevant contents of the new regulation policy,this paper establishes a regression model to study the volume and price of Nanjing real estate market,and obtains the relationship and operation mechanism between the new regulation policy and the volume and price changes in the real estate market.Using the theory of supply and demand,this paper makes a correlation analysis of the real estate market transactions,purchase restriction policies and loan restriction policies.The econometric analysis method is used to quantify the impact trend and degree of the new regulation policies.The impulse response function analysis method is integrated to fit the fluctuation curve of the new regulation policies and the real estate market.The relationship between the new regulation policies and the real estate market is verified,and the development trend of the real estate is analyzed and predicted.On the basis of studying the current situation of Nanjing real estate market development,this paper makes an empirical analysis on the volume and price of Nanjing real estate,and puts forward suggestions for improvement of the new regulation policy through the data stability test of the variables of the new regulation policy,which also provides a certain reference for the formulation of the policy regulation of Nanjing real estate market.
Keywords/Search Tags:New regulation policy, Supply and demand relationship, Real estate price, Real estate market
PDF Full Text Request
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