A Study Of Pearl River Delta On Relationship Between Urbanization And Real Estate Industry

Since the reform and the open policy, the urbanization and the real estate industry in the Pearl River Delta has undergone a rapid development,but as lack insufficient experience, both emerge many issues. Nowadays, the research on the urbanization and the real estate industry were carried on separately is countless, lack organic synthesis research, therefore, the study on the urbanization and the real estate industry in the Pearl River Delta has significance on the realism and theory.This study based on city economics, real estate economics, regional economics,combining normative analysis and empirucal analysis,qualitative analysis and quantitative analysis, macroscopic analysis and microscopic analysis,attempted to research the relationship between the urbanization and the real estate industry. Firstly, on the basis of the theory foundation and former studies, this paper proposes its cut-in point. Secondly, this paper discuss the relationship from two facets, on one hand, it agree that the urbanization influenced the real estate industry with three mechanism and vice versa. This paper also summarize three models about the harmony between them. Thirdly, considering the situation of the Pearl River Delta, this paper dose the empirical analysis of the relationship of the urbanization and the real estate industry. Finally, it proposes relevant policy recommendations based on theoretical and empirical and empirical results.The main conclusions of this paper were as follows:1,the urbanization can influence the real estate industry through economic growth,industry structure changed and technological progress mechanisms, it bring the results about the change of the gross,the structure and the position in the real estate industry;2,the real estate industry mainly affect the urbanization with three ways: industry drive,industry period and policy adjustment;3,the development level of real estate should keep balance with local urbanization level,macro economic situation,industrial structure;4,empirical analysis shows that the urbanization and the real estate industry has obvious interactive relationship in the Pearl River Delta,shows positive correlation,but basically in a low level of coordination state;5,the influence of urbanizaion on real estate industry is superior to the influence of real estate industry on urbanization;6, perfect the system of the real estate industry and the city programming, are the key points of the harmony between the real estate industry and the urbanization.