The Research of House Purchase Restrictions on Real Estate
Take Shanghai Real Estate Market as an Example
- 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.
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 -