Analysis of the Impact of Population Structure Change on Housing Pricei China
- DOI
- 10.2991/aebmr.k.220307.257How to use a DOI?
- Keywords
- Population Structure; The Dependency Ratio; Average Selling Price Of Commercial Housing; Linear Regression; Heterogeneity Analysis
- Abstract
It is very important to discuss the impact of China’s demographic structure change on the real estate market in the process of gradually disappearing “demographic dividend” and increasing aging. In this paper, unitary linear regression model was adopted to explore the impact of dependency ratio changes on housing price based on panel data of Provinces in China from 2002 to 2019. Further heterogeneity analysis method was adopted to perform grouping regression from different dependency ratios, regions and time perspectives. The results of this study are as follows: (1) the total dependency ratio has a negative relationship with housing price. (2) There is a positive relationship between elderly population dependency ratio and housing price, and a negative relationship between children dependency ratio and housing price. (3) There is a negative relationship between the total dependency ratio and housing price in eastern and western China, a positive relationship between the total dependency ratio and housing price in northeast China, and no significant relationship between the total dependency ratio and housing price in central China. (4) Before the census year 2010, dependency ratio showed a negative relationship with housing price, while after the census year 2010, dependency ratio showed a positive relationship with housing price.
- 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 - Zihan Zeng PY - 2022 DA - 2022/03/26 TI - Analysis of the Impact of Population Structure Change on Housing Pricei China BT - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) PB - Atlantis Press SP - 1572 EP - 1576 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220307.257 DO - 10.2991/aebmr.k.220307.257 ID - Zeng2022 ER -