The Analysis of Wuxi Real Estate Market Based on the House Price-to-Income Ratio

DOI

10.2991/isss-15.2015.13How to use a DOI?

Keywords

House price-to-income ratio; controlling variables; moving average method; real estate market.

Abstract

On the basis of house price-to-income ratio we analyze the present Wuxi real estate market from the aspect of the districts, income levels and the comparison with other cities by controlling variables. Besides we predict that the Wuxi house price-to-income ratio of 2015 will probably goes to 7.71 by using moving average method, which is in the reasonable interval. Hence we think the rise extent of the Wuxi house price is rational. However the purchasing power of different people is out of balance and there exists a gap among each district.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yao Meng
AU  - Xun Liu
AU  - Ziqi Wang
PY  - 2015/08
DA  - 2015/08
TI  - The Analysis of Wuxi Real Estate Market Based on the House Price-to-Income Ratio
BT  - Proceedings of the 1st International Symposium on Social Science (isss-15)
PB  - Atlantis Press
SP  - 51
EP  - 54
SN  - 2352-5398
UR  - https://doi.org/10.2991/isss-15.2015.13
DO  - 10.2991/isss-15.2015.13
ID  - Meng2015/08
ER  -