Analysis of factors affecting urban per capita housing area in China

Housing problems have become one of the hottest topics, influencing people's livelihood and national economy. This paper intends to re-analyze the per capita housing area, which characterizes the residents' happiness index, in order to measure the basic living condition. Taking into account of the large expansion of the floating population in the process of urbanization, we choose “urban resident population” to amend the “registration population”, which is the denominator of the index. We selected the data of residential investment, urban residents' consumption level and residential completion area from 1978 to 2015 to analyze the influence of independent variables on the per capita housing area, we found the volatility of housing price, which reduces the average level of urban per capita housing empirically.