Analysis and modeling of regional economic structure and convergence effect of real estate consumption

In order to explore the convergence effect of real estate consumption, this paper combines the hedonic price model and price index to analyze the convergence effect of real estate consumption and combines the regional economic structure to analyze the adjustment speed of housing prices in different regions. This paper finds that house prices tend to moderate as the distance from the inner ring area increases. Further, this paper adopts the panel unit root test, and the panel unit root test also believes that there is price convergence in the regional housing market. Moreover, this paper adopts two methods: separate regression and seemingly irrelevant regression to estimate the adjustment speed, and the results obtained by the seemingly irrelevant regression method are more effective and reliable. In addition, this paper proposes a convergence effect analysis model of real estate consumption. Through the simulation analysis, it can be seen that the regional economic structure and the convergence effect analysis model of real estate consumption proposed in this paper has a good effect.