System Analysis And Empirical Research Of Real Estate Investment Environment

To aim at having a correct understanding and grasping completely the objectivelaw between property investrieni and investfnent environment, this thesis had apreIiminary exploration and analysis of authentic proof in property investmentenvironmellt in the macro-field, meso-field and micro-field. And in this thesis thefollowing aspectS are accomPlished rnainly The Inain research of dris thesis is theinfiuence of economic envirorunent. And it is the most primary factor in propertyinvestment environxnent.The stUdy shows(Under the influence of macro-economic cycle, reality'business has a feature of cycle fltalation also, and their periods of waves are roughlythe same, but the fluctuation range of reality business is great much more. In themacro-field, the reality business in China is faced to the next small cycle. The realitybusiness will become one of pillar industries in our national economy finally. BeinghandicaPped by the definition of macro-effective demand, the process will becomerealization impossibly ten years before. So we should look to the future of housingindustry and reality business with prudent optimism. The heterogeneity of areaeconomy decides the unbalanced development of area reality business in our country.The analysis of authentic proof shows the relationship that area or city propertyinvestment must be compatible with the growth of area or city economy. In propertymicro-environment, fundamental measure to bring to light consumer characteristicsand consumer motivation is the most important factoL And the Analytic HierarchyProcess shows that the competition among property investment prOjects is the resultof the different consumption environment among projects.