The Impact Of The Housing Price Hike Upon The Employment

High housing price and employment pressure have plagued China's economy in recent years. For solving the problems of the high housing prices and employment difficulties, government has introduced many macro-control measures. As a special commodity that is a means of subsistence and production, the property has great impact on the macro-and micro-economy. Will the continued high price affect employment of the cities which tend to be easily influenced by macro-and micro-economic. According to the relative macro data analysis, this study adopt the method of qualitative and quantitative analysis, and use the relevant theories of economics and theories to explore the impact of the high prices to the urban employment, attempting to offer some modest proposal to the government's macro decision-making .This dissertation first provides a panorama of the housing and employment situation in China, and, by collecting, calculating and comparing relevant data on the house prices and the employment rates, draws the conclusion that high housing price and low employment rate actually coexist in China's national economy.By analyzing the impact of the high housing prices upon the investment, the consumption, the third industry and the urban competitive power and the impact of the aforesaid four aspects upon the employment, the dissertation demonstrates that high housing prices exerts a negative impact upon the employment. And it explains the limitation of property in extending employment by analyzing directly the good effects of property industry on employment. Meanwhile, the adverse impact of the worldwide property bubbles upon the employment gives further proof to this argument that the high housing prices would do invisible harm to the long-term urban employment.Eventually, come to the conclusion that high housing prices have a negative impact on urban employment.Finally, based on the concept that the moderating of the employment pressure hinges a lot on the efforts in curbing property price hike, the dissertation offers four suggestions about how to stabilize the house price and expand the employment: First, to raise understanding and properly handle the relationship between the stabilization of the house price and the expansion of the employment; Second, to strengthen supervision and take every possible means to regulate the house price; Third, to expand consumption and stimulate the demand of the whole society; Fourth, to allow, by adopting scientific methods, the third industry to give full play in expanding the employment.