Research On The Correlation Between Residential Real Estate Market Demand And Residents Living Standards

The important position of residential real estate in the national economic development determines its social great concern,and the market is support of the real estate economy,Therefore,the operation of the market pull one hair and the whole body is affected,related to social stability.Because people are the main factors in the market,which determines the level of life and lifestyle changes will have a direct impact on the residential real estate market.It has a positive effect on the orderly development of residential real estate market that research on the change of residential real estate market demand from the perspective of residents’ living standards and the influencing factors are analyzed.First of all,this paper summarizes the relevant research of the real estate market demand,and forms the research ideas on the basis of the existing research.Secondly,the author expounds the concepts and theories of residential real estate and living standards,and analyzes the operation status and existing problems of Tianjin residential real estate market.To establish a comprehensive evaluation system for evaluating the life of residents after summarizing the literature about the living standard of residents which cover the aspects of family scale,urban and rural structure,consumption structure,income level,macro economy,living conditions,education level and social security,and the theoretical analysis of the impact of the residents’ living standards on the market demand.On this basis,based on time series data,using principal component regression method,the linear regression model was constructed to quantify the influence degree of each parameter.The empirical results show that the living standards of residents have a strong impact on the market demand,according to the degree of influence can be sorted in order The per capita GDP,Proportion of town population,Per capita housing construction area,Per capita disposable income,Educational structure,Fiscal expenditure on social security and employment,Population per household,Average sales price of residential commercial housing,Engel coefficient of residents.Through analysis,the macro economy is the most critical factor in the development of Tianjin housing market;The urbanization level of the residents life in Tianjin lags behind the level of population urbanization,resulting in insufficient effective demand caused by Urbanization;Consumer demand is an important driving force for the development of Tianjin’s housing market,and investment demand is larger in the market;The level of social security and the improvement of the education level of residents can effectively promote the development of the housing market;Family size and consumption structure have a negative impact on market demand,and the degree of influence is relatively weak.Finally,the thesis combines the research contents and the existing problems,puts forward countermeasures and suggestions from two aspects of the government macro policy formulation and the real estate enterprise investment development,in order to promote the sustainable development of the residential real estate market.