Research on the relationship between real estate industry and regional economic development in Underdeveloped Areas

Yingchao Bai
2021 Proceedings of the 7th International Conference on Humanities and Social Science Research (ICHSSR 2021)   unpublished
In recent years, with the well-known real estate development enterprises sinking into the third and fourth-tier cities, it is of great practical significance to study the relationship between the real estate industry and the economic development of the underdeveloped areas. In this paper, taking Heyuan City as the research object, the contribution of real estate industry to regional economic development is analyzed by principal component analysis and regression analysis. The results show that
more » ... results show that the real estate industry has a significant positive impact on the regional economic growth of Heyuan City, and each county should take measures according to local conditions to ensure the steady development of local real estate industry.
doi:10.2991/assehr.k.210519.264 fatcat:2kaufwlhgbhezm6o3wugirq3zy