The Impact of Tourism on the Housing Price: An Empirical Evidence Based on China Thirty-Five Cities Data

Siqi Cheng ； Jiajia Lin

《Frontiers in Economics and Management》 1卷12期 (2020/12) Pp. 228-234

https://doi.org/10.6981/FEM.202012_1(12).0035

摘要

The increasing price-to-income ratio in China reveals the consistent interests of individuals in investing in the real estate market. In some famous tourist cities in China, the housing price has increased rapidly. This paper aims to analyze the relationship between the tourism and the local housing market. The result shows that tourism has impacts on the housing prices in China based on the data of thirty-five Chinese cities. Also, the number of tourists can be used as a tourism index to explain the housing price of the city. The result shows that a 1% increase of tourists visiting the city will reduce 0.12% housing price.

關鍵字

Housing price ； Tourism ； Chinese housing market

參考文獻

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