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The Impacts on Beijing Real Estate: Evidence from Wanliu Academy

In: Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)

Author

Listed:
  • Yang Yang

    (Jiangsu Ocean University)

Abstract

The current real estate industry is a hot issue of great concern to the national and even central leadership in recent years. Contemporarily, China's real estate market has developed rapidly, especially in Beijing, Shanghai, Shenzhen, and other first-tier cities. As the population continues to grow, people's demand for real estate does not only stay at the stage of living, real estate more geographic location community resources, etc. are considered, through research to promote the healthy development of such markets. This paper explores the important factors affecting real estate in Beijing through case studies. According to the analysis, this paper discusses the factors that affect the housing price in Beijing. Based on the case analysis of Wanliu Academy, the factors affecting the housing price in Beijing are education, environment, society, capital, and other factors. According to the various measures to promote the healthy development of real estate in Beijing, these results will serve as a reference for other cities as well as shed light on guiding further exploration of Research on the influencing factors, so as to better reduce the crisis, promote the healthy and rational development of the real estate market, and provide assistance for economic construction.

Suggested Citation

  • Yang Yang, 2024. "The Impacts on Beijing Real Estate: Evidence from Wanliu Academy," Advances in Economics, Business and Management Research, in: Faruk Balli & Hui Nee Au Yong & Sikandar Ali Qalati & Ziqiang Zeng (ed.), Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023), pages 33-39, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-268-2_5
    DOI: 10.2991/978-94-6463-268-2_5
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