Research on the Impact of Affordable Housing Supply and Economic Growth on Real Estate Price
In recent years,China's real estate industry has a rapid development.In order to deeply discuss how the supply of affordable housing and economic growth jointly affect the real estate price,this paper analyzes the direct and indirect effects of the supply of affordable housing and economic growth on the real estate price by constructing a spatial panel data model.The study has found that economic growth has a significant positive impact on housing price,while the supply of affordable housing shows a negative adjustment effect on housing price.It not only reveals the complexity of the price formation of real estate market price,but also provides theoretical support and empirical basis for relevant policy formulation.
real estate priceeconomic growthsupply of affordable housingspatial panel data analysis
NETL
NSTL
万方数据
