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

Volume

1

fYear

2009

fDate

24-26 April 2009

Firstpage

1012

Lastpage

1015

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;

fLanguage

English

Publisher

ieee

Conference_Titel

Computational Sciences and Optimization, 2009. CSO 2009. International Joint Conference on

Conference_Location

Sanya, Hainan

Print_ISBN

978-0-7695-3605-7

Type

conf

DOI

10.1109/CSO.2009.119

Filename

5193865