| When the housing reform was implemented in 1998,housing construction has become an important economic activity in China,self-buying housing become a normal phenomenon,and the prices of real estate have gradually become an essential factor affecting the level of urban economy,as well as the competitiveness of a city.In 2003,the State Council announced that the real estate industry is one of the pillar industry of the national economy,and stated clearly that the sustainable healthy development of real estate industry has to be maintained.Moreover,the healthy development of the real estate industry is not only related to the stable operation of the national economy,but also give an impact on the daily life of the public,such as the level of housing prices has brought out an intense discussion.In China,the scale,as well as the level of development,are different among all cities,therefore the prices of the urban housing vary widely,if the prices of housing is simply measured by the construction cost,unconvinced conclusion,such as economic bubble,will be occurred in some cities as a result.Therefore,the paper use the perspective of "commodity price determined by its value" to investigate the correlation between the real estate price and the urban competitiveness of a city,and further study the coupling coordination between urban competitiveness and real estate price,in order to obtain an objective explanation to analyze the difference on the prices among different cities.Six major China regional cities,Shenzhen,Wuhan,Nanjing,Shenyang,Xi'an and Chengdu,were chosen as the target cities of this research,since these cities are highly representative and typical on China's geographical environment according to the "National Urban System Planning 2010-2020".Based on the analysis of the connotation of urban competitiveness,this paper synthesizes the studies of foreign and mainland scholars,in order to create a city competitiveness index system to study the correlation and coupling coordination between urban competitiveness and real estate prices in the above six cities.In this study,by collecting the annual statistical data of six major regional cities dated from 2004 to 2015,the entropy weight method is used to evaluate the city competitiveness index of each city objectively,then,the city competitiveness score of six cities in 2004-2015 can be obtained.As a result,correlation calculation can be conducted based on the obtained city competitiveness score and the real estate prices which dated from 2004 to 2015.After obtain the conclusion of analyzing the correlation between the city competitiveness and the real estate prices,the calculation and analysis of the coupling coordination between the city competitiveness and the real estate prices can be further carry out,in order to obtain a corresponding conclusion.Through investigating the correlation and coupling coordination between real estate price and urban competitiveness among China's six major regional cities in 2004-2015,conclusion can be made:?From the perspective of correlation,there is a strong correlation between the urban competitiveness and the price of real estate among China's six major regional cities,and the correlation between the hard power and house price of one city is stronger than the correlation between the soft power and house price of one city.At the same time,significant positive correlation can also be found between real estate prices and other several factors such as the strength of economic development,technology strength,the ability of government management,the quality of residents and the development of the cultural facilities,but the correlation between quality of environment and real estate prices are relatively weak.?From the perspective of coupling degree,there is a tendency of high coupling among six major regional cities as the time passed,but the coupling degree will be decrease when there is a negative correlation between house price and city competitiveness.From the perspective of the coupling coordination,the real estate prices of these six cities and their urban competitiveness is volatile coordination,and basically follow a certain evolution path which is changed from moderate disorder to coordinated.Based on the above basis,by analyzing the changes in urban competitiveness during 2004-2015,it can be concluded urban competitiveness and real estate prices can obtain mutual benefit in order to achieve the best result,only if the development of urban competitiveness and real estate prices have a well-coordinated development.?From the perspective of urban competitiveness subsystem,the city's hard power occupies a dominant position between the city's competitiveness and real estate prices,while the city's soft power usually play a supporting role.However,when the difference of urban hard power level is small,the effect of city's soft power is become more significant on the coordinated development between urban competitiveness and real estate price.This result reflected that,in the context of social progress,the real estate prices not solely affected by the development of economic strength,but also other factors such as the quality of the population and cultural facilities.During the process of urban development,population quality,which is one of the city's soft power,is still occupied a dominant position,while the ecological environment and public management give a relatively low contribution on the promotion of real estate prices.Therefore,in order to have a coordinated development between the city's competitiveness and real estate prices,the policy makers of the city urban's planning should:?focus on the balance development between the city's hard power and soft power,at the same time bring out the measures to make sure the balance development of the cities in each area is guaranteed,diminish the population density of the core major city,as well as decrease the possibility of “ghost city”;?set a reasonable price for the real estate,closely monitor and control the housing prices,and regulate the overheated real estate market prices with proper policy;?conduct well-control on the land supply of each city,in order to have a reasonable level between the amount of land and the city's competitiveness.In the end,a favorable interaction with mutual benefit can be established between the real estate industry and the city's competitiveness,once the effective implementation of macro-control and reasonable operation of the market mechanism work together. |
PDF Full Text Request