Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

The Research of House Purchase Restrictions on Real Estate

Take Shanghai Real Estate Market as an Example

Authors
Min Li1, a,*, , Lu Wang2, , Jiayi Xu3, b,*,
1Faculty of Arts & Science, Queen’s University, Kingston, K7L 613
2The Middle School Affiliated to Northeast Normal University, Changchun, 130033, China.
3College of Mount Saint Vincent, New York, 10471, The United States

These authors contributed equally.

Corresponding Authors
Min Li, Jiayi Xu
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.019How to use a DOI?
Keywords
House Purchase Restrictions; Shanghai; Linear Regression; Real Estate
Abstract

As my country’s leading consumer market, real estate occupies a vast market consumption share. This paper uses multiple linear regression to rationalize the data to study the impact of housing purchase restrictions on Shanghai’s housing prices, housing demand, consumer purchasing power,and social welfare. The research results show that since the purchase restriction order, the affordability of Shanghainese has been reduced, the supply of real estate in Shanghai is in short store, which aggravates housing prices, and harms the society due to false divorce. It is hoped that the research in this article will enable people to have a more deep understanding of the housing purchase restriction policy to develop the real estate industry in Shanghai better and carry out effective regulation.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
10.2991/aebmr.k.220307.019
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.019How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Min Li
AU  - Lu Wang
AU  - Jiayi Xu
PY  - 2022
DA  - 2022/03/26
TI  - The Research of House Purchase Restrictions on Real Estate
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 118
EP  - 124
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.019
DO  - 10.2991/aebmr.k.220307.019
ID  - Li2022
ER  -