China City Real Estate Reasonable For The Research Area

The real estate industry is an important pillar industry of national economy development.In 1998,when the state abolished the welfare housing system and implemented the bank mortgage loan,the real estate market in China has shown unprecedented development.According to relevant statistics,in 1998,the total investment of domestic real estate enterprises was 3614.23 billion yuan,which increased to 10,258.1billion yuan by 2016,28.38 times that of 1998.The rapid development of China's real estate market has also created a boom in housing prices while promoting the development of the national economy.In view of the rapid increase of housing price in China,relevant departments also actively implement some macro-policies to control.Among them,the reasonable urban land supply area and stable housing price fluctuation are not only the research subjects that the researchers are keen on,but also the focus of the government and the people.And the innovation of this paper lies in that the active exploration of the urban residential real estate reasonable area for the science and law at the same time,made for reasonable establishing urban land supply area and the economic development of our country,residential real estate investment and the panel data of urban population relationship multivariate regression model.And in this paper,based on our country from 2006 to 2015 in Changsha,Chongqing,xi 'an three areas for nearly 10 years of relevant data,choosing urban population indicators such as GDP,residential investment and to establish a panel data model,the effect factors of the urban real estate reasonable area for the study;Then the data of Hefei are used to predict the fitting interval.Finally,the urban land area in China as one of the important factors that affect housing prices,and then the urban land area,respectively,and housing prices correlation research,and use this method to establish model research of the urban residential real estate area for the relatively few literature.This paper mainly studies the reasonable land area of Chinese cities from two aspects,and its findings mainly include the following two parts:(1)From the perspective of the urban land supply reasonable factors: urban land supply area respectively,and the urban population,residential real estate investment and the lag of residential real estate investments were positively correlated,and negatively correlated with gross domestic product,or whenever the urban population increases by 1%,the area of urban land supply will increase 0.6957%,each residential real estate investment growth 1%,urban land supply area will increase 0.8751%,every 1% increase in grossdomestic product(GDP),the urban land supply area will reduce 1.7925%,residential real estate lags behind every 1% increase in investment,urban land supply area will increase0.6719%,suggesting that the urban land supply area is not only affected by the residential real estate investment,also influenced by a few years ago real estate investment,especially in the sixth year investment affect the most significant.(2)From the urban area of land supply and housing price correlation research ways:under the 10% significant level,the current housing prices are greatly influenced by the factors of land supply area four years ago,and the other years the area of land supply has little effect on the current housing price or not.At the same time,the correlation coefficient between the land supply area and the housing price four years ago is negative,that is,the urban land supply area of four years ago increases by 1%,the housing price will be reduced by 0.0353%.In addition,the previous year,the price of the housing price in the first two years,the first three years and the first four years has a significant impact on the current housing price and the impact coefficient is positive,and the other years have no impact.The number of urban population in the year and the urban population in the previous year and the first four years have significant influence on the current housing price and the influence coefficient is positive.The influence of other years is not significant.The disposable income of residents in the previous year and the first four years had a significant impact on the current housing price and the impact coefficient was positive,and the other years had no impact.In the past year,the cost factors of housing construction have not significantly affected the current housing price,and have no effect in all the years.Based on the above research results,the paper puts forward the following related policy proposals:To put forward the policy of positive and stable state-owned land market development;To actively formulate scientific and rational land supply planning;Improving the efficiency of urban land cost management and utilization;Strengthening self-regulation of land market and government promotion;To give full play to the relevant countermeasures of law in the land market.