Impacts Of Real Estate Price Fluctuation On Beijing Based On Computable Genral Equilibrium Model

In recent years,the real estate industry has become the new growth point of national economy in our country,at the same time,the basic living needs of the real estate industry related people,prices rise and fall are causing great concern to the public,so the price changes also brought many social problems.In 2016 for the Beijing real estate industry is undoubtedly an important year.According to statistics,in 2016 the annual increase is almost equal to the sum of the total from 2013 to 2015.A number of other industries in the real estate industry and the national economy are complex,quantitative analysis of real estate price changes impact on other industries to be more objective view of the real estate industry in the national economy,and also can provide effective suggestions for the development of real estate industry.Considering only the real estate business,and also consider the real estate business and real estate development and other two kinds of situations,were constructed in Beijing City Regional computable general equilibrium(CGE)model to simulate the real estate prices fell and the influence on the micro and macro economy,get the following main conclusions:(1)the Beijing real estate industry development of other departments and macroeconomic had a significant positive effect,the real estate development role is significantly greater than the real estate business,Beijing city still needs the further development of the real estate business services;(2)real estate price change is positive to promote the development of other sectors of the economy and the macro economy,the real estate price changes for the development of negative will hinder other sectors of the economy and the macro economy,the real estate price changes have great influence on the heavy industry,construction industry,light industry,agriculture has little influence on;(3)The fluctuation of real estate price is more and more important to the economy and macro economy of other departments.Therefore,it is of great significance to maintain the stable development of the real estate industry for the development of the national economy and social stability.