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.

Download article (PDF)

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  -