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Research On The Impact Of Population Aging,Housing Price And Housing Vacancy Rate

Posted on:2021-01-06Degree:MasterType:Thesis
Country:ChinaCandidate:L N JiaFull Text:PDF
GTID:2416330614954092Subject:Applied Economics
Abstract/Summary:PDF Full Text Request
Nowadays,China's population has reached a new level.On the one hand,the population has continued to expand.By the end of 2019,China's population exceeded 1.4 billion,from the 1.3 billion population in 2005 to 1.4 billion in 2019.A big country ranks first in the world;on the other hand,China's population age structure has gradually entered the ranks of aging,and the speed is getting faster and faster,and China has entered an accelerated stage of population aging.Under the background of the aging population,it has caused a certain impact on the social economy,which has caused a series of social and economic problems.At present,China is not only in an accelerated period of population aging,but the urbanization process is also accelerating,causing a large number of young people to bid farewell to their hometowns from rural areas and counties to large cities to work hard,resulting in aggravating the uneven urban and rural development.The supply and demand of real estate have undergone tremendous changes,which directly affected the changes in housing prices,which further affected the housing vacancy rate in China.At the same time,the consumption habits of the elderly and the young are quite different from those of the young.Therefore,the aging of the population directly affects the housing vacancy rate by influencing macroeconomic policies.Real estate is an economic industry that our country has always attached great importance to.It plays a decisive role in China's economic development.It will inevitably be affected by the increase of aging.At the same time,how does the housing price affect the direction of housing vacancy rate? It is worth our in-depth discussion.This article is based on the relationship between population aging and housing prices to housing vacancy rate.Under the irreversible trend of population aging,combined with the characteristics and current status of aging and the impact of aging on real estate,how to effectively reduce the aging belt The lack of economic support provided constructive advice.After reading a lot of Chinese and foreign literature on the relationship between the age structure of the population and the relationship between real estate,it is found that the impact of population aging on the real estate market is mostly affected by channels such as housing prices or housing demand.Based on the market supply and demand theory,it systematically analyzes the transmission mechanism of population aging and housing prices to housing vacancy rate,and discusses the current situation of aging,housing prices and housing vacancy rate.This paper uses the panel data of 30 provincial administrative regions(except Tibet)from 2007 to 2018,and through literature research,sorts out the innovations of this study,empirically studies the impact of population aging and housing prices on housing vacancy rate and puts forward conjectures: housing prices It is an intermediary mechanism that the aging population affects the vacancy rate of houses.The results show that: at the national level,aging population and housing prices have a positive impact on housing vacancy rate to a certain extent,and the impact of other control variables on housing vacancy rate is also expected;at the regional level In the above,the aging of the population in the central region has the largest impact on the housing vacancy rate;the intermediary effect shows that housing prices are indeed the middle bridge between the aging of the population and the housing vacancy rate.
Keywords/Search Tags:Population ageing, Housing prices, Housing vacancy rate, Mediating effect
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