New Challenges and Countermeasures for Cost Control of Real Estate Enterprises Based on the Double Background of COVID-19 and the Dual Circulation Development Pattern
Publication: ICCREM 2021
ABSTRACT
In recent years, a series of regulatory policies make it difficult for real estate enterprises to gain more profit rising space by increasing house prices. To improve profits, real estate enterprises must pay attention to the key link of cost control. COVID-19 has made a strong impact on the pattern of world economic integration, and the subsequent impact is still permeated in all walks of life. The dual circulation development pattern proposed by China at this time not only points out the way for China’s economic development, but also brings new thinking for the cost control of real estate enterprises. From the perspective of COVID-19 and dual circulation development pattern, this paper applies theoretical analysis method to explore the importance and new challenges of real estate enterprises’ cost control, and puts forward countermeasures, hoping to provide reference for the real estate enterprises’ economic development.
Get full access to this article
View all available purchase options and get full access to this chapter.
REFERENCES
Chen, B. K., Huang, S. A., and Ou Yang, D. F. (2018). “Can rising real estate prices promote economic growth.” Economics (quarterly), 17(03), 1079–1102. (in Chinese).
China Construction Industry Association. (2020). “Report on COVID-19 impact on construction enterprises.” Building, (09), 28–31. (in Chinese).
Dong, H. W. (2020). “Research on the application of cost planning in real estate project management: taking Pinggezhuang project as an example.” Construction Economy, 41(03), 59–64. (in Chinese).
Li, L. J., and Zhang, X. H. (2019). “Cost stickiness, organizational redundancy and corporate performance.” Communication of Finance and Accounting, (15), 59–62+67. (in Chinese).
Li, W. S., and Huang, R. (2019). “Research on real estate network community marketing mode based on big data technology.” Technical Economy and Management Research, (09), 28–32. (in Chinese).
Liu, R. Q. (2021). “Real estate market under the new development pattern of dual circulation.” People’s Forum, (z1), 93–95. (in Chinese).
Wang, X. J., and Wang, Y. (2020). “Application of BIM in real estate project cost management.” Housing and Real Estate, (36), 13–14. (in Chinese).
Wei, H. P. (2020). “Cost management of real estate enterprises based on project life cycle.” Construction Economy, 41(07), 92–94. (in Chinese).
Yuan, H. G., Qi, W. M., and Liu, W. D. (2021). “The influence of housing wealth on residents’ tourism consumption.” Commercial Economy Research, (05), 58–61. (in Chinese).
Zhou, M. J., and Yan, Z. R. (2018). “VR marketing: current situation, problems and countermeasures.” Journal of Social Sciences of Southwest University, 44(03), 58–65+190. (in Chinese).
Information & Authors
Information
Published In
ICCREM 2021
Pages: 103 - 110
Copyright
© 2021 American Society of Civil Engineers.
History
Published online: Dec 9, 2021
Authors
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.