Title :
Real Estate Investment Control Research by Use of Macroeconomic Factors in the Financial Post-crisis Period
Author :
Li-jun, Wan ; Wen-bin, Bu ; Yan, Zhang
Author_Institution :
Harbin Eng. Univ., Harbin, China
Abstract :
In the financial post-crisis period, a series of macro-policy is newly introduced by our country, which is adjustment of real estate down payment and the deposit reserve rate, and has the new impact of real estate investments for the residents. In this paper, we use system dynamics feedback diagram to analyze the relationship between macroeconomic factors and investment, focus on the study of Real Estate investment demand model building by use of the hard-hit, deposits, housing prices, income and other main factors, combined with the obtained data carry on multiple regression analysis, do the evaluation test analysis of the economic significance, the standard error of the regression equation. Then we receive the conclusion that is, savings, expected housing prices and hard-hit becomes the important factors influencing investment demand, current monetary policy mainly lies in the temporary restrain demand, not really reduce demand, more important is to lower the future purchasing desire.
Keywords :
building societies; government policies; investment; macroeconomics; regression analysis; deposit factor; deposit reserve rate; down payment; financial post-crisis period; hard-hit factor; housing prices; income factor; investment demand; macro policy; macroeconomic factors; monetary policy; real estate; regression analysis; system dynamics feedback; down payment; macro factors; real estate investment;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2010 International Conference on
Conference_Location :
Kunming
Print_ISBN :
978-1-4244-8829-2
DOI :
10.1109/ICIII.2010.414