Title :
Computation and Comparative Study of PIR and HAI with Demonstration Analysis in Beijing
Author :
Li, Aihua ; Liu, Jun
Author_Institution :
Sch. of Manage. Sci. & Eng., Central Univ. of Finance & Econ., Beijing, China
Abstract :
Housing affordability is an important factor to evaluate the housing market. It could be decided that whether the housing purchasing power is correspond to price in housing market with the study of this aspect. Housing price to income ratio (PIR) and housing affordability index (HAI) are two important factors to show the housing purchasing power with different way. In this paper, the relation between these two factors is studied with quantitative and qualitative methods, and the demonstration with the data in Beijing is benefited from housing purchasing power studying.
Keywords :
information analysis; pricing; property market; purchasing; Beijing, China; housing affordability index; housing market; housing purchasing power; price to income ratio; Bones; Conference management; Engineering management; Finance; Financial management; Local government; Power engineering and energy; Power generation economics; Statistical analysis; Statistics;
Conference_Titel :
Computational Sciences and Optimization, 2009. CSO 2009. International Joint Conference on
Conference_Location :
Sanya, Hainan
Print_ISBN :
978-0-7695-3605-7
DOI :
10.1109/CSO.2009.119
