The Research On Disequilibrium Of Xi'an Residental Market

The research mainly analyzes the Xi'an residential market which by using the disequilibrium theory, the disequilibrium models and the residential market theory. First of all, The thesis states that the residential industy is the important role of promotion in Xi'an economy, at the same time, displaying the problems about the disequilibrium of total quantity and structure in current Xi'an residential market; Secondly, this thesis concludes the rules and features of the disequilibrium of total quantity and structure, by applying theories tools and current facts of Xi'an residential market; Finally, on the basis of the disequilibrium development of Xi'an residential market, macro-control suggestions is used to promote the residential market healthy, sustainable and more prosperous in future.By detail analysis on the Xi'an's residential market, conclusion are as following: (1) According to the disequilibrium degree, The Xi'an residential market can be divided into three phases:From 1997 to 2000, disequilibrium degree was positive, which the highest of disequilibrium degree reached about 1.3.The effective demand of Xi'an residential market had been greater than effective supply which was inadequate; from 2000 to 2004, real estate industry has been the pillar industry of national economy, the disequilibrium degree of Xi'an residential market was below 0.05,because supply and demand of Xi'an residential market kept balance; from 2005 to 2007, due to the large number of real estate developers to build housing, there was a lot of idle housing, so the residential market had been in status of serious effective supply which was greater than the effective demand. (2) Disequilibrium on the total quantity:One hand, Xi'an has a large number of housing supply, but the existence of effective demand is inadequate;The other hand, the potential demand of Xi'an residential market is huge, while the existence of effective demand is lack; (3) Disequilibrium on the Structure:Firstly, disequilibrium of the housing investment; the ratio of villa investment is higher,and affordable housing is lower, while the ratio of ordinary housing tends to be more reasonable. Secondly, disequilibrium of the housing products, luxury apartment and villas develop faster, but ordinary housing and affordable housing develop slower.