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Academic Journal of Business & Management, 2023, 5(2); doi: 10.25236/AJBM.2023.050212.

The impact of aging population on housing prices in Shaanxi Province


Ma Yao

Corresponding Author:
Ma Yao

School of Economics and Management, Guangxi Normal University, Guilin, China


Taking the data from 1994 to 2020 in Shaanxi Province as a research sample,study the relationship between aging population and housing prices by multiple regression model modeling. It is found that per capita GDP has a certain explanatory effect on the rise of housing prices in Shaanxi Province, and the increase in real estate investment completed this year also promotes the rise of housing prices, and the impact of CPI on housing prices is not significant. Aging population has a restraining effect on house price increases, but with the increase of aging, population aging gradually shows a positive effect on housing prices, and intergenerational transfer can be explained. Therefore, the government should promote the development of the real estate industry in Shaanxi Province by implementing "rent-purchase equal rights", relaxing population policies, and collecting real estate taxes.


Aging population; Prices; Robustness test

Cite This Paper

Ma Yao. The impact of aging population on housing prices in Shaanxi Province. Academic Journal of Business & Management (2023) Vol. 5, Issue 2: 73-79. https://doi.org/10.25236/AJBM.2023.050212.


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