An Investigation Analysis of Real Estate Rent Market in Tianhe District of Guangzhou

摘要

A real estate market includes two main parts, sale market and rent market. Research is emphasized on the former part and the later are becoming more and more important in China. This paper collects more than 100000 items statistical data of rent market during 2008~2010 in Tianhe district of Guangzhou. The residential housing occupied the largest area proportion with 46% and industrial got the smallest in the rent market The rent price varied from RMB 5/m2 to 144 RMB 5/m2 per month. The variance coefficient is about 1 in the 20 street areas. By hedonic analysis, it is found the main four factors influencing price are transportation condition, necessary living convenience, population density and distance to CBD. The investigated problems are irrational tax rate and informal rental contract Some suggestions are proposed to strengthen management of the rent market for the government