Title: Study on Macroeconomic Control Influence to Housing Price Based on Price Predicting
Abstract: To illustrate the government macroeconomic control of commodity residential house prices influence,based on literature study the four main price influencing factors of macroeconomic factor,real estate development statistics factors,population factors,and financial factors are analyzed by the relevant data of 2000~2009 from Jinan.In order to eliminate the infection of multi-co linearity between variables,the method of principal component analysis has been employed.A multivariate linear regression model is built and the 2010-2011 housing prices of Jinan city are predicted according to the model.This research tries to find out the reason which causes difference between prediction price and the market housing price.The conclusion is that government macroeconomic control policy is clearly effective to the housing price.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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