Research on the Impact of the Development of E-Commerce in China on the Supply and Demand for Commercial Real Estate on the Basis of Grey System Theory
Fan Dong, Meng Qi Wang
Abstract
Fan Dong, Meng Qi Wang
Abstract
At present, most of the researches on impact of e-commerce in china on the supply and demand for commercial real estate are qualitative researches, thus this paper aims to verify the impact of the development of Chinese e-commerce on the supply and demand for commercial real estate through grey relational analysis. In addition, this paper conducted predictive analysis on the supply and demand for commercial real estate in the certain future period by the prediction model GM (1,1), to much more accurately understand the supply and demand for commercial real estate market, produce reasonable expectation about the future demand for commercial real estate market, ensure a balanced development in supply and demand for commercial real estate, as well as achieve healthy and stable operation of the real estate industry and the urban economy.
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At present, most of the researches on impact of e-commerce in china on the supply and demand for commercial real estate are qualitative researches, thus this paper aims to verify the impact of the development of Chinese e-commerce on the supply and demand for commercial real estate through grey relational analysis. In addition, this paper conducted predictive analysis on the supply and demand for commercial real estate in the certain future period by the prediction model GM (1,1), to much more accurately understand the supply and demand for commercial real estate market, produce reasonable expectation about the future demand for commercial real estate market, ensure a balanced development in supply and demand for commercial real estate, as well as achieve healthy and stable operation of the real estate industry and the urban economy.
Key concepts: Real estate, Supply and demand, Real estate development, China, Business, Corporate Real Estate, Demand forecasting, Cost approach