城市资源配置、人口集聚与房地产价格上涨——来自全国95个城市的经验证据

doi:10.16381/j.cnki.issn1003-207x.2021.2253

Abstract

Abstract: Differences in the level of urban resource allocation lead to population mobility and population agglomeration, which is a main factor for the rise of China’s real estate prices. From the perspective of the natural attributes and basic functions of commercial housing, the growth of urban population also plays a role in promoting the rise of real estate prices.Higher levels of public resources motivate the population to move from low resource allocation areas to the high allocation area. The resulting resource competition generated in the process of population agglomeration will inevitably lead to increasing real estate prices in the area.Under the background of increasing domestic and international uncertainties and the downward pressure on the macro economy, this paper reveals the formation mechanism of real estate price changes and the underlying driving factors which play an important role in the implementation of China’s current real estate market policies aimed at stabilizing land prices, housing prices, and expectations and effective regulation of real estate prices.

Key words: urban resource allocation, population agglomeration, real estate price

CLC Number:

LIU Feng-gen, WANG Yi-ding, YAN Jian-jun, ZHANG Min. Urban Resource Allocation, Population Agglomeration and Rising Real Estate Prices——An Empirical Evidence from 95 Cities in China[J]. Chinese Journal of Management Science, 2022, 30(7): 31-46.

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Urban Resource Allocation, Population Agglomeration and Rising Real Estate Prices——An Empirical Evidence from 95 Cities in China

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