Title :
Analysis of macro factors affecting the real estate investment in the financial post-crisis period
Author :
Li-jun, Wan ; Wen-bin, Bu ; Yan, Zhang
Author_Institution :
Harbin Normal Univ., Harbin, China
fDate :
Nov. 30 2010-Dec. 2 2010
Abstract :
In the financial post-crisis period, a series of macro-policy is newly introduced by our country, that 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; use Eviews to calculate the model coefficients; and do the evaluation test analysis of the economic significance, the standard error of the regression equation. Then we receive the conclusion that is, the factors of deposit reserve ratio and others for the influence of money supply has an indirect effect on residential real estate investment needs, but it can be integrated by the real estate preferential policy of banking; savings, expected housing prices and hard-hit becomes the important factors influencing investment demand.
Keywords :
economic cycles; feedback; investment; macroeconomics; real estate data processing; regression analysis; banking; financial post-crisis period; macroeconomic factors; real estate investment; regression analysis; system dynamics feedback diagram; Analytical models; Economic indicators; Equations; Investments; Macroeconomics; Mathematical model; Down payment; Macro factors; Real estate investment;
Conference_Titel :
Computer Sciences and Convergence Information Technology (ICCIT), 2010 5th International Conference on
Conference_Location :
Seoul
Print_ISBN :
978-1-4244-8567-3
Electronic_ISBN :
978-89-88678-30-5
DOI :
10.1109/ICCIT.2010.5711166