Study On The Interactive Development Relationship Of New Urbanization And Real Estate Investments

Since New Urbanization have been proposed, it has been the focus of economic development concerns. Under a series of problems in the traditional context of urbanization, China’s timely propose new urbanization strategy,for China’s economic development,It’s both an opportunity and a challenge. Real estate investment has a huge boost for the promotion of economic development. Urbanization can’t develop without the support of real estate, real estate market also needs the development of new urbanization as a driving force. Therefore, the study of the relationship between the New Urbanization and Real Estate Investments has a very important practical significance for the future of China’s economic development.Under the background of the rise of central China and Western development, central government proposed the policy of nearly urbanization in Midwest regions and list Anhui as the pilot province.As one of the six central provinces, Anhui’s Real Estate’s Investments and Urbanization developments in its infancy stage, in the traditional developing model of urbanization, a series of questions appear in the Real Estate market, such as housing price arising and imbalance investment structure. Consequently, how to grasp the opportunity to promote the coordinated development of the real estate investment and urbanization under the new urbanization has a very important significance for the future economic development in Anhui Province, and also as a reference for Midwest new urbanization development.Firstly, by combing foreign and domestic literature, summarizing relevant results for this paper’s theoretical foundation. Through the current situation of urbanization and real estate investment analysis of Anhui Province, theoretically studied the interaction mechanism between the Urbanization and Real Estate Investment. Finally, according empirical method, using principal component analysis and path analysis to analyze the main factors affecting the real estate investment and urbanization in Anhui Province, which the results show that among the factors affecting Urbanization, urban per capita disposable income and the proportion of urban population to total population are the most influent factor to promote Real Estate Investment, and among the factors affecting Real Estate Investment, Real estate investment has positive affect to Urbanization development, however, Real Estate price has the negative affect to Urbanization development. And then through Vector auto regression model, analyzing the Granger causality and dynamic relationship between Anhui’s Real Estate Investments and the level of Urbanization. Finally, based on the previous research, how to coordinate the relationship between Anhui urbanization and real estate investments under the new urbanization background is recommended and also give some relevant policy recommendations.