Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Business and Policy Studies

Series Vol. 17 , 13 September 2023


Open Access | Article

The Effect of COVID-19 on China’s Real Estate Market via Different Angles

Jiachun Lin * 1 , Ziyu Liu 2 , Junlin Lu 3 , Zibo Wang 4
1 Guangzhou Foreign language school
2 Guangzhou Foreign language school
3 Guangzhou Foreign language school
4 Guangzhou Foreign language school

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 17, 275-281
Published 13 September 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Jiachun Lin, Ziyu Liu, Junlin Lu, Zibo Wang. The Effect of COVID-19 on China’s Real Estate Market via Different Angles. AEMPS (2023) Vol. 17: 275-281. DOI: 10.54254/2754-1169/17/20231110.

Abstract

The trend of the real estate industry has become a hot topic of concern in contemporary society, and some studies have shown that after the epidemic, real estate has been conducted. The profitability of enterprises has declined significantly since there are many different opinions. This article aims to find the reasons from the three different perspectives of home buyers, housing enterprises, and governments based on the feature analysis method. The trend analysis method investigates the sales and pending sales of real estate products in the country. According to the analysis, real estate has indeed been on a downward spiral in recent years. The buyer does not have sufficient funds to buy a house. The cash flow of housing enterprises is also extremely tight, and in the year of the outbreak of the new crown epidemic, the volume of sales almost fell exponentially. Governments also need to continue to issue policies in a changing economic environment spectator control. In summary, China's real estate is still full of difficulties. These results shed light on guiding further exploration of real estate market.

Keywords

real estate businesses, local government, COVID-19, development trends, macro tuning

References

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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 Business and Policy Studies
ISBN (Print)
978-1-915371-77-5
ISBN (Online)
978-1-915371-78-2
Published Date
13 September 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/17/20231110
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated