The System Dynamics Model For The Beijing Urban Housing Market

The purpose of this study is to establish a descriptive simulation model for Beijing urban housing development based on "Systems Thinking". It uses System Dynamics (SD) method as a tool to illustrate the relations and interactions among corresponding factors in urban housing development. The model establishes the quantitative relationship between several sub-systems, and the major factors that affect urban housing development. The computer simulation results can be used as a basis for investment decisions in urban housing development.