Proceedings of the 2013 International Conference on the Modern Development of Humanities and Social Science

An Empirical Study of the Housing-Price-to-Income Ratio of Some Typical Cities on the Basis of Purchase Installment Payment Model

Authors
Yi Zhang, Jun Tan
Corresponding Author
Yi Zhang
Available Online December 2013.
DOI
https://doi.org/10.2991/mdhss-13.2013.22How to use a DOI?
Keywords
housing-price-to-income ratio, income level, housing affordability, housing markets
Abstract
In recent years housing price has fluctuated violently, which aroused great social concern. The government introduces some regulatory measures to inhibit the growth of housing price. This paper try to discuss the housing affordability of residents, which is based on Housing-price-to-income Ratio(HPIR) and Purchase Installment Payment Model. After the calculation the reasonable HPIR interval is 3 to 8 in China. It’s obviously that the HPIR of First-tier cities and Second-tier cities exceeds the reasonable interval, while the HPIR of Third-tier cities and Fourth-tier cities lies the reasonable interval.
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Proceedings
2013 International Conference on the Modern Development of Humanities and Social Science
Part of series
Advances in Intelligent Systems Research
Publication Date
December 2013
ISBN
978-90786-77-90-1
DOI
https://doi.org/10.2991/mdhss-13.2013.22How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yi Zhang
AU  - Jun Tan
PY  - 2013/12
DA  - 2013/12
TI  - An Empirical Study of the Housing-Price-to-Income Ratio of Some Typical Cities on the Basis of Purchase Installment Payment Model
BT  - 2013 International Conference on the Modern Development of Humanities and Social Science
PB  - Atlantis Press
UR  - https://doi.org/10.2991/mdhss-13.2013.22
DO  - https://doi.org/10.2991/mdhss-13.2013.22
ID  - Zhang2013/12
ER  -