Discussion on the Influencing Factors of Housing Prices in Shandong Province

-- Based on Multiple Regression Model

Authors

  • Xinke Feng
  • Jiafeng Yao
  • Zhujun Shu

DOI:

https://doi.org/10.54691/fhss.v2i12.3217

Keywords:

Commodity Housing Prices; Real GDP; Actual Disposable Income of Urban Residents; Population; Multiple Regression.

Abstract

Aiming at the influencing factors of commercial housing prices in Anhui, based on the relevant data of the 2000~2020 Shandong Statistical Yearbook, three explanatory variables of actual GDP, actual per capita disposable income of urban residents and total population were selected, and a multiple linear regression model was established by Eviews software, and econometric test methods such as multicollinearity, heteroscedasticity and autocorrelation were tested and the model was modified. The results show that the per capita disposable income and total number of urban residents have a positive impact on the price of commercial housing in Shandong Province. Based on the research conclusions, it is proposed to provide a reference for the stable development of the commercial real estate industry in Shandong Province.

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References

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Published

2022-12-21

Issue

Section

Articles

How to Cite

Feng, X., Yao, J., & Shu, Z. (2022). Discussion on the Influencing Factors of Housing Prices in Shandong Province: -- Based on Multiple Regression Model. Frontiers in Humanities and Social Sciences, 2(12), 165-173. https://doi.org/10.54691/fhss.v2i12.3217