The Study On The Coordinated Development Between The Real Estate Investment And The Regional Economy In The Western Region

The relationship between the real estate investment and the regional economy has been a hot topic in the academia.Using a variety analysis methods, building a variety of empirical model, scholars both at home and abroad has proved that the real estate investment plays an important role in regional economic growth,and whether it can be coordinated with the regional economic development is the direct and decisive factor of the regional economic growth. The USA subprime mortgage crisis erupted in2008 is a typical example. Continued up to now, The huge crisis caused by excessive real estate investment and unreasonable real estate credit has caused serious negative impact on the global economy. It is not difficult to find the obvious performance “a prosperity, a loss for both sides” between the real estate investment and the regional economic development. Meanwhile,our country has been promoting vigorously the“Go West” policy currently, in order to quickly improve the underdevelopment western region’s economic strength rapidly.Therefore, the study of the real estate investment and regional economic development in the west becomes an academic subject which has an important value.This article consists of five parts: First, through selecting systematic measurable indicator, analyzed the status quo of the real estate investment and the status quo of the region’s economic development in the western region; Second, combining qualitative analysis with quantitative analysis, building the index system, to measure and judge to judge the coordination of the real estate investment and the regional economic development in the western region; Third,use the empirical analysis,build a model,to analysis the coordination coupling of the real estate investment and the regional economic development in the western region; Fourth, through above analysis,reach a conclusion like that: the real estate investment and the regional economicdevelopment just achieves a low level coordination coupling; the coupling showing lower-middle; all of above, mainly because of the overheated real estate investment in the western regions; Fifth, in the connection with the conclusion, put forward some relevant policy and recommendations,expecting a high level coordinating development between the real estate investment and the regional economic development in the western region; meanwhile,to make the western region’s economy have a high level development.