Comparative Analysis On Factors Of House Price Fluctuations In Different Types Of Resource-based Cities

The prices are related to the national economy and the people's livelihood.The stability of housing prices not only contributes to the stable operation of the national economy,but also to the well-being of people's livelihood.Therefore,domestic and foreign scholars have studied more about the price of broadcasting.The current scholars' studies on the factors affecting house price fluctuations mostly focus on expectations,macroeconomic factors(income,household consumption,exchange rates,interest rates,credit,etc.)and policy uncertainty.These studies did not consider the causes of price fluctuations in resource-based cities.The uniqueness of the aspect means that all cities in the study are homogenous cities.Based on this,this paper takes resource-based cities as the starting point to study the uniqueness of resource-based cities in the aspects of industrial structure,urban layout,and urban development.The fluctuation of house prices will inevitably present new features,which are of important theoretical and practical significance.Based on the supply and demand theory of real estate market and house price fluctuation theory,this paper studies the causes of house price fluctuation in different types of resource-based cities,and carries out the concept,definition,classification(including mature,growth,decline,and regeneration)and characteristics of resource-based cities.On the basis of detailed elaboration,resource factors,resource-based city fragility,and resource extraction stage have been included to identify the unique factors that affect the price fluctuations of resource-based cities,and to construct an index system for the influencing factors of price fluctuations in resource-based cities.Explain variables,select relevant data of 27 resource-based cities as samples,establish panel data model of price fluctuations in resource-based cities,and empirically analyze the differences of price fluctuation factors in four types of resource-based cities.The results show that: Growth-oriented resource-based cities coal The increase in price will increase the price-to-income ratio,and coal prices will have a significant positive correlation with fluctuations in house prices;coal production in mature resource-based cities will have a significant positive correlation with house price volatility;mining industry employment rate will have a significant negative correlation with house price volatility;Resource-based cities coal production And price fluctuations showed a significant positive correlation,while coal prices,investment in fixed assets is a significant negative correlation;found no significant effect regenerative resources city resource factors on the price fluctuations.Based on the above research results,due to the significant differences in the cause of price fluctuations in different types of resource-based cities,different regulatory strategies should be adopted for their specificities.For the growth resource-based cities,the focus will be on controlling coal production,increasing coal prices,and weighing the relationship between the two;mature resource-based cities should focus on the resource factors such as resource production and mining employment rate when regulating house prices;In the process of coordinating resource production and resource prices,resource-constrained cities with a recession focus on control of local fixed-asset investment.The causes of fluctuations in renewable-type resource-based cities are more complex and should be comprehensively controlled from a multidimensional perspective such as industrial structure and economic growth.