The Real Estate Prices. Quanzhou Impact Factors Research

As a pillar industry of national economy, the real estate industry plays a leading and strategic role for our national economy, greatly boosting the country's gross national product. It can be said that the development and stability of the real estate industry is closely related with people's livelihood. Since the 21st century the phenomenon of soaring house prices around the country has had a great influence on the quality of residents'life, becoming a destabilizing factor for national economic security. In spite of the global financial crisis'impact, in second half of 2008, the real estate has experienced a downward trend in price. As the market's rapid recovery, housing prices began skyrocketing. Despite the frequent introduction of new policies to restrain the real estate prices'soaring, the effect is not satisfactory. This paper explores the influence factors of the real estate price, finding out the key factors for effectively control the price within reasonable limits, having important application and reference value.Domestic scholars have lots of researches on Beijing, Shanghai, Shenzhen and other cities in the housing prices, but the research specializes in the second or third level countries such as Quanzhou is rare either in qualitative or quantitative research. In this paper, the author chooses Quanzhou's real estate market as the object, based on the related research and knowledge of domestic and foreign scholars. Firstly the paper makes qualitative analysis of the influence factors of the real estate prices in Quanzhou. Secondly, the paper select some factors as an indicator for quantitative analysis, and then find out the main factors and propose some specific policy recommendations. Finally, this paper gets the conclusions and inadequacies.