Welcome to Francis Academic Press

International Journal of Frontiers in Sociology, 2021, 3(11); doi: 10.25236/IJFS.2021.031119.

Cost Control of Real Estate Companies in the Era of Big Data

Author(s)

Yutong Zhang

Corresponding Author:
Yutong Zhang
Affiliation(s)

North China Electric Power University, Baoding, Hebei, China

Abstract

With the reform of the domestic economic system, the logic of the real estate industry is changing, and the industry structure is also undergoing reshaping. "Three red lines", "two red lines" and "centralized land supply", these three policies have allowed the entire industry to revolve around housing speculation, deleveraging, stabilizing land prices, housing prices, stabilizing expected development, high leverage and high profitability era disappear, the real estate industry is facing great downward pressure, which requires real estate companies to strengthen cost accounting control and maintain their core competitiveness. This article analyzes and discusses the cost structure of real estate enterprises and the existing problems in the control status. Based on the background of big data, this paper proposes strategies to strengthen the development cost control of real estate enterprises, aiming to provide reference and reference for cost control in the same industry.

Keywords

Big data, Cost control, Real Estate Companies

Cite This Paper

Yutong Zhang. Cost Control of Real Estate Companies in the Era of Big Data. International Journal of Frontiers in Sociology (2021), Vol. 3, Issue 11: 114-117. https://doi.org/10.25236/IJFS.2021.031119.

References

[1] Wan Cheng. The Control and Strategy Analysis of Cost Management in Real Estate Development Projects [J]. China Real Estate Industry, 2020(29): 171.

[2] Hou Fang. The Control and Strategy Analysis of Cost Management in Real Estate Development Projects [J]. Decoration World, 2020(9): 220.

[3] Liu Lanfang. Discussion on the Whole Process Cost Control of Real Estate Development Projects [J]. Accounting Study, 2020(5): 177, 179. 

[4] Wang Feng. Cost Subject Composition and Forecasting Points in the Feasibility Study of Real Estate Development Projects [J]. Real Estate Guide, 2015(1): 28-28. 

[5] Qin Na. Research on the Cost Composition and Control Strategy of Real Estate Development Projects [J]. China Economic and Trade, 2013(18): 254-255. 

[6] Li Shuai. Problems and Countermeasures of Real Estate Enterprise Development Cost Management Under the Background of Big Data [J]. Contemporary Accounting, 2020(22): 82-84.

[7] Yang Tongjun. Cost Control Problems and Solutions in Real Estate Development [J]. Chinese and foreign entrepreneurs, 2021(1): 42.

[8] Zhang Lijing. Analysis of Real Estate Development Cost Accounting Methods and Cost Control Countermeasures [J]. Brick and Tile World, 2019(24): 177. 

[9] Zhou Hongliang. Research on the Cost Composition and Control of Real Estate Development Enterprises [J]. Times Economics and Trade, 2019(14): 64-65.

[10] Ren Yanying. Cost Control Problems and Solutions in Real Estate Development [J]. China Collective Economy, 2021(7): 75-76.

[11] Xu Ziqi. Analysis of the Cost Composition and Control Countermeasures of Real Estate Development Projects [J]. Finance and Economics, 2013(24): 76-77.

[12] Qian Yingjie. On the Cost Accounting Methods and Cost Control Countermeasures of Real Estate Development [J]. Building Materials and Decoration, 2018(27): 133-134.