Housing Sources of Second-Tier Urban Residents Based on Multivariate Correspondence

To explore the relationship between different housing sources and individual attributes in second-tier cities, finding the key point of contradiction between supply and demand in the real estate market is important. Multivariate correspondence analysis (MCA) is a powerful method to solve the complex...

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Main Authors: Feng Zhang, Anlin Li
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Advances in Civil Engineering
Online Access:http://dx.doi.org/10.1155/2020/8435048
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author Feng Zhang
Anlin Li
author_facet Feng Zhang
Anlin Li
author_sort Feng Zhang
collection DOAJ
description To explore the relationship between different housing sources and individual attributes in second-tier cities, finding the key point of contradiction between supply and demand in the real estate market is important. Multivariate correspondence analysis (MCA) is a powerful method to solve the complex problem of the relationship between classified variables. Also known as corresponding analysis, it is a multivariate statistical analysis method that aims to describe the relationship between two classification variables in a corresponding table in a low-dimensional space. MCA has unique advantages when dealing with categorical variable data. It combines the advantages of factor analysis and multidimensional scaling. On the basis of combining and analysing the existing literature, this paper makes an analysis of the data obtained from a housing questionnaire survey collected in Jinan, Shandong Province, in 2017. The research results show that the housing sources of second-tier urban residents are closely related to age, annual family income, marriage, education level, and individual characteristics of the permanent family population but not to gender.
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institution Kabale University
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publisher Wiley
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series Advances in Civil Engineering
spelling doaj-art-9641d1871e23433c9ed3091064bd88752025-02-03T06:45:47ZengWileyAdvances in Civil Engineering1687-80861687-80942020-01-01202010.1155/2020/84350488435048Housing Sources of Second-Tier Urban Residents Based on Multivariate CorrespondenceFeng Zhang0Anlin Li1School of Management Engineering, Shandong Jianzhu University, Jinan 250101, ChinaSchool of Management, University of Shanghai for Science and Technology, Shanghai 200093, ChinaTo explore the relationship between different housing sources and individual attributes in second-tier cities, finding the key point of contradiction between supply and demand in the real estate market is important. Multivariate correspondence analysis (MCA) is a powerful method to solve the complex problem of the relationship between classified variables. Also known as corresponding analysis, it is a multivariate statistical analysis method that aims to describe the relationship between two classification variables in a corresponding table in a low-dimensional space. MCA has unique advantages when dealing with categorical variable data. It combines the advantages of factor analysis and multidimensional scaling. On the basis of combining and analysing the existing literature, this paper makes an analysis of the data obtained from a housing questionnaire survey collected in Jinan, Shandong Province, in 2017. The research results show that the housing sources of second-tier urban residents are closely related to age, annual family income, marriage, education level, and individual characteristics of the permanent family population but not to gender.http://dx.doi.org/10.1155/2020/8435048
spellingShingle Feng Zhang
Anlin Li
Housing Sources of Second-Tier Urban Residents Based on Multivariate Correspondence
Advances in Civil Engineering
title Housing Sources of Second-Tier Urban Residents Based on Multivariate Correspondence
title_full Housing Sources of Second-Tier Urban Residents Based on Multivariate Correspondence
title_fullStr Housing Sources of Second-Tier Urban Residents Based on Multivariate Correspondence
title_full_unstemmed Housing Sources of Second-Tier Urban Residents Based on Multivariate Correspondence
title_short Housing Sources of Second-Tier Urban Residents Based on Multivariate Correspondence
title_sort housing sources of second tier urban residents based on multivariate correspondence
url http://dx.doi.org/10.1155/2020/8435048
work_keys_str_mv AT fengzhang housingsourcesofsecondtierurbanresidentsbasedonmultivariatecorrespondence
AT anlinli housingsourcesofsecondtierurbanresidentsbasedonmultivariatecorrespondence