آیا تقاضای سرمایه گذاری و بهبود تقاضای مصرف پایه را در بازار مسکن بیشتر می کند؟ شواهد از شهرهای کوچک در جیانگ سو، چین

Results suggest that the improvement and investment housing needs have outweighed basic consumption demand in small cities in Jiangsu Province. Housing price rising has a promoting effect on residential housing demand, which is in stark contrast to the existing studies on price elasticity of housing demand in large cities in China. Factors of urbanization significantly influence the housing need of residents in small cities. Improvement of urbanization rate would contribute to the consumption demand booming while prosperity of tertiary industry would boost improvement and investment housing demand. Not only could the analytic methodology of housing demand structure demonstrated in this paper be referenced, but the empirical answers carry vital implications for governments implementing diverse policy design in large and small cities in China.