Study On The Relationship Between Land Price And House Price

The industry of the house not only concerns the development of national economy but also the urbanite's vital interests directly. In recent years, the constant quickening of urbanization and industrialized process have brought the good opportunity for development of the house market. The lasting growth of the house price and sales volume has appeared for several years in succession.Facing the house price fast rise, many people thought is as a result of the agrarian policy change, causes the land rise in price, thus has caused the house price rise, also some people thought is high cannot occupy the house price has caused the land price rise, for a while "the relationship between land price and the house price" have become the focal point which the persons from all walks of life pays attention.This paper aimed at "the relationship between land price and the house price" focal point question has done the thorough research, the paper examines the interaction between land price and house price on the base of my reading a lot of related files,the theories of real estate economics, the principles of appraising the property of land and house. The paper carries out a Causality Tests on land price and house price, which based on Granger causality analysis. From the test we can draw a conclusion that real estate price controls land price but land price can't controls real estate price. Meanwhile this article comparative analysis our country and other country's house price constitution, pointed out in our country house price the land price occupies the proportion high unfairness. Above finally according to our country land price and the house price relations analysis, proposed reasonable regulative land level of markets, the establishment perfect land reserve systems and the real estate early warning system, adjustment real estate market measure and so on supplies structure holds down the house price, reduces home-buyer's pressure, lets our country the real estate market to healthily have the foreword the direction to develop.