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The research on factors influencing housing prices-take Beijing as an example
- 1 Hengshui Tai Hua Middle School
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Abstract
Housing price is not only related to the economic situation of individuals and families, but also has a profound impact on the whole social economy. For many families, their home is their biggest asset. A rise in house prices can increase household net assets. A fall in house prices could lead to a decline in assets. This paper aims to study the influencing factors of housing prices. The data in this paper take Beijing from May to July 2014 as an example. First of all, the article mentions some papers about housing prices, then the author uses scatter plot and linear regression to fix the model. In the results, it can be seen that sqft-living, sqft-above and view have a relatively high correlation with housing prices. Finally, the specific correlation data table is listed. The final conclusion gives the results of the research in this paper and the authors of the articles mentioned. Housing price is not only related to the economic situation of individuals and families, but also has a profound impact on the whole social economy.
Keywords
Housing prices, multiple linear regression, influencing factors
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Cite this article
Zhu,Z. (2024). The research on factors influencing housing prices-take Beijing as an example. Theoretical and Natural Science,38,208-212.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Volume title: Proceedings of the 2nd International Conference on Mathematical Physics and Computational Simulation
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