Variable

Coefficient

P values

Elderly Population Dependency Ratio

−1.069

0.027^***

Urbanization Rate

0.268

0.006^***

Population

−0.058

0.055^**

Per Capita Deposit

0.155

0.002^***

Per Capita Disposable Income

0.827

0.000^***

Unemployment Rate

0.008

0.630

Consumer Price Index

−0.008

0.000^***

Housing Cost

0.209

0.000^***

Land Price

0.060

0.000^***

Land Investment

0.027

0.185

Intercept Item

−2.594

0.000^***

R Party

0.914

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