Abstract

As Shanghai is committed to building a vibrant, thriving home for all residents, the pursuit of a high quality of life is correspondingly strengthening. In particular, housing has probably become an important indicator to measure the quality of people's lives and the house price is the key to the housing problem. This article analyses the annual date of the commodity house prices in Shanghai from 2001 to 2020 and aims to explore the affecting factors of commodity housing price, which include the number of ordinary high schools, medical and health institutions and cultural institutions in Shanghai, urban green coverage and residents' disposable income. Therefore, a multiple linear regression model of commodity house price has been established and successfully underwent the test of multicollinearity, heteroscedasticity and sequence correlation.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.