Chapter
Nov 12, 2013

A Study on Urbanization Construction's Impacts on Real Estate Industry in China

Publication: ICCREM 2013: Construction and Operation in the Context of Sustainability

Abstract

Urbanization is in a period of rapid development nowadays in China. The real estate industry plays an important and supporting role in the development of urbanization and, at the same time, the fast-developing urbanization has created a platform for the development of the real estate industry. In this paper, quantitative methods are used to figure out the relationship between urbanization and the price of real estate. Urbanization construction's impacts on the real estate industry are discussed in consideration of national conditions of China. The analysis shows that it will bring some risks if we regard urbanization as a driving force for sustainable development of the real estate industry in the future. Some brief suggestions for coordinated development of the urbanization and the real estate industry are given following analysis.

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Go to ICCREM 2013
ICCREM 2013: Construction and Operation in the Context of Sustainability
Pages: 1392 - 1399

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Published online: Nov 12, 2013

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Ph.D. Candidate, Department of Construction and Real Estate, Harbin Institute of Technology, Harbin, China, 150001. E-mail: [email protected]
Shujing Yin [email protected]
Postgraduate, Department of Construction and Real Estate, Harbin Institute of Technology, Harbin, China, 150001. E-mail: [email protected]

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