The objective of this project is to provide suggestions for whether real estate firms in China should consider exiting the market or decrease the amount of investment and stay in the business. The rationale for this project is to explore how the sudden plummeting of Chinese real estate will do in the upcoming time. The method analyzed different kinds of factors that influence the Chinese real estate market and determined the relationship between the factors and the real estate market. It forecasts four scenarios to simulate the different kinds of possibilities of the trend of the real estate market. The result showed that most government officials and industry experts forecast the decline in the real estate market may continue. Demographic data shows that the real estate market in urban areas is better off compared to rural areas because of the shift in the population. In conclusion, it is recommended that general Chinese real estate firms consider exiting the market due to the projected continuous decline and the fierce competition. Investment in real estate projects in rural areas and the countryside should be reconsidered, while investment in urban areas needs to be carefully analyzed.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Wang, Shuailin

Publisher

• Worcester Polytechnic Institute

Identifier

• E-project-041224-004203
• 121053

Advisor

• Towner, Walter Thomas

Year

• 2024

Date created

• 2024-04-12

Resource type

• Major Qualifying Project

Major

• Business

Source

• E-project-041224-004203

Rights statement

• In Copyright