Study on Decision-Making Behavior of Tenants in Beijing Shared Accommodation Market
Publication: ICCREM 2021
ABSTRACT
With the continuous increase of unsold inventories, the housing rental market in first-tier cities has boomed in recent years. For example, at present in Beijing, the demand for house renting is strong, the rental prices are rising, and most of the tenants are young white-collar workers. The demand for shared accommodation is much higher than the whole-house rentals. The shared accommodation market has become the main part of the Beijing housing rental market. Based on the existing problems in the Beijing shared accommodation market, this study analyzes the factors which affect tenants’ decision-making behavior in the process of searching shared accommodation information. Using the questionnaire method, statistical tests, and factor analysis, it can be concluded internal and external factors. Internal factors include tenants’ basic characteristics, for example, occupation, monthly salary, family, marital status, and renting experience. External factors include location of the house, roommates, rental price, transportation convenience, housing facilities, etc. This study also proposes optimization suggestions to the government and enterprises to standardize the management of the shared accommodation market and promote the increased transaction volume.
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ICCREM 2021
Pages: 907 - 916
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© 2021 American Society of Civil Engineers.
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Published online: Dec 9, 2021
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