Guangxi Housing Industru's Development And Its Impact For Economic Growth Reasher

In 1998, China suspended the housing distribution, with the new policies of housing distribution reform, accelerating housing construction,and promoting housing consumption carrying out ,which stimulated the domestic Housing Industry developed rapidly.The development of Housing Industry is not only satisfy the residents to improve their living conditions, but accelerate the regionl economy , because of its characteristics of large-scale investment, stimulating economic rapid growth ability, high degree of industry association,and the ability of strong industy radiation, together with providing more and more local revenue from the transfer of land and housing related tax . The non-mobility characteristics of land ,and the the differences of the region's economy development and the concept of consumption have led to the development of Housing Industry expressing clear regional differences.So the targeted Specific region research of the Housing Industry development and its promotion ability to the regional economy would have positive and realistic significance.Based on the above issues,this paper starts with discussing the interaction between Housing Industry and regional economy,proposing that the development of Housing Industry has played a important role to the regional economy. Secondly, this paper analyzs the Housing Industry development of Guangxi,proposing the problems of the investment growth exceeding, housing price level uncoordinated with the residents income, structural problem of housing market, and supply shortage of real estate financial innovations and the security housing, as well as analysising the performance characteristics under the state's macro regulation and control about Housing Industry,and makes the empirica analysis about the housing investment of Guangxi to promote economic growth, as well as calculating the housing investment contribution rate to economic growth, from which get the conclusion that housing investment , with the housing investment becoming more and more , is undertaking the important role to stimulate economic development. Finally,in order to maintain the housing industry health developing to continue to drive economic development ,this paper put forward some recommendations .