The Impact Of Chinese Population Age Structure On Price Change Of Real Estate Product Market

The real estate industry as an important industry about China's national economy and people's livelihood,it not only serve as the important pillar of national economy development in our country,and is an important part of people's livelihood in our country.Since the 1980 s,since the housing system in our country began to reform,presents the trend of rapid development of the real estate market in China,especially since 1998,the housing market are presented from the power of the sales price rapidly rising trend,but also accompanied by severe fluctuations.At the same time,there has been a large shift population structure in China,the completed by light to a structure of eldersociety,with the deepening of aging degree,decreases the trend has become increasingly serious,the population problem has emerged in our country,all aspects of economic life have been affected.In order to better clarify our country in recent years the real estate market price fluctuations and the relationship between population age structure change,in this on the basis of existing research by using theoretical models and empirical tools to carried on the thorough study of the problem.First of all,this article reviewed the development of the real estate market in China as well as the change of population results in China,the qualitative analysis of the our country the population age change and the relationship of the real estate market price fluctuations;Second selection from 2000 to 2015 commercial house average sales price of the real estate market in China is as explained variable,select children's dependency ratio and dependency ratio as the explained variable,at the same time to join the relevant variables,build the panel model regression analysis,the results showed that: nationwide,young dependency ratios as well as the elderly dependency ratio of relations with our country real estate market prices move in the opposite direction to render,further proves the melting "asset" hypothesis of the real estate market in our country was founded on fact.Finally in this paper research conclusion,on the basis of government regulation of our country real estate market price fluctuations,maintain the stable operation of the real estate market in China put forward relevant policy Suggestions.