Regional Differences In Driving Factor Of Investment In China's Mercantile Occupancy Development

In recent years,commercial real estate has gradually become the preferred object of real estate development investors because of the common effects of macroeconomic growth,the change of the consumption structure and the process of urbanization in China.However,behind the surface of the hot commercial real estate market,the phenomenons of high vacancy rate,blind investment and so on arised,which was not conducive to the healthy development of the market.So,it requires the implementation of necessary control measures for commercial real estate.However,due to the non mobility of the real estate,the regionalism of production and the stability of the population living,the commercial real estate market in various regions is relatively independent and different.And its activity is mainly determined by the local economy and other basic regional conditions.This makes us have to think about the regional differences in the development of commercial real estate.The study of regional differences in the driving force of investment in commercial real estate development is not only conducive to the accurate understanding of the current situation and reasons for the development of the market,but also for the government to make macro economic policies and land policy formulation.It has important theoretical and practical significance.The analysis of the driving mode and characteristics of the investment in commercial real estate development from the economic,political and social aspects was one of the key points for many scholars at home and abroad about the commercial real estate industry.It has important theoretical and practical value on understanding the way of investment growth and its constraints and source power.The previous researches focused on how the investment of commercial real estate development depends on the national economic environment,geographical location,infrastructure and other elements.And they also counteracted on their interactive relationship proposition,and gives an empirical analysis and explanation.On the one hand,most of these documents were not rigorous in the selection of factors affecting commercial real estate development,and many scholars had enumerated an index system of influencing factors directly through qualitative analysis,and no quantitative analysis was carried out.Only relying on initially established index system for logistics demand analysis and prediction,the reliability of the result was not high.On the other hand,the development of commercial real estate industry has its periodic law.And as a regional unit of the complex and adaptable system of economy,the urban and urban areas are inevitably different in the driving structure under the joint action of the internal and external environment.Therefore,the development characteristics of commercial real estate in provinces and cities are closely related to the driving system and the development stage.To sum up,the paper makes a quantitative analysis of the regional difference characteristics of China's commercial real estate development investment,in order to determine the specific situation of regional differences in the development of commercial real estate in China.Secondly,it summarizes the driving factors of the previous research on the investment of commercial real estate development,combined with the actual data of the country and selected the method of ridge regression to find out the more practical investment driving factor system of regional commercial real estate development.Thirdly,with the help of multiple linear regression model,the driving force of each region is analyzed,and the regional difference characteristics of the driving force of Chinese commercial real estate development investment are tried.Finally,according to the research results,we put forward suggestions for the healthy development of China's commercial real estate development investment market.