Boya Century Publishing

Academic
Efficient
Fast
Set Homepage | Favorite
Article Details

EDMI005.pdf

Article Title : How Does the Homebuyer Attention Affect Urban House Prices
Author(s) : Junjie Li, Yu Wang
Corresponding Author : Junjie Li
Keywords : Homebuyer Attention; House Prices; Spatio-temporal Differentiation; Spatial Durbin Model; Geodetector.
PDF : http://download.BCPub.org/proceedings/2021/EDMI2021/EDMI005.pdf
Abstract

In this paper, the Baidu index search volume of keywords related to the real estate market is selected, and the homebuyer attention index of 35 large and medium-sized cities in China is constructed by principal component analysis. Then, the Geodetector is used to explore the degree of explanation and changes of homebuyer attention on the spatial differentiation pattern of house prices. Further, based on the panel data of 35 large and medium-sized cities in China from 2011-2018, the spatial Durbin model is constructed to study the mechanism of the influence of homebuyer attention on the spatial differentiation pattern of house prices. According to the empirical results, policy suggestions are made for the relevant government departments to stabilize the real estate market.

Contact email:contact@bcpub.org
Journals
Proceedings