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Real Estate Price Regulation In China Study

Posted on:2010-04-30Degree:MasterType:Thesis
Country:ChinaCandidate:F LiFull Text:PDF
GTID:2199360275458500Subject:Political economy
Abstract/Summary:PDF Full Text Request
industry developed rapidly, and has gradually become an important pillar of our national economy industries, also has greatly promoted China's economic growth. But in recent years, China's real estate prices rose rapidly increase much higher than the overall growth of the economy and the growth of real income of residents, resulting in a mass "hard to buy a house" problem, in order to address the livelihood problems of the prominent, from 2004 the relevant departments in China have issued a series of macro-control policies, but the results are unsatisfactory, and the price became even higher after macro-control, this state of affairs continued until the end of 2007 when "mortgage New Deal" has been introduced. Real estate price fluctuations has a significant impact on the operation of the entire national economy and social stability. Therefore, this article choose to study China's real estate prices macro-cotrol on the basis of price formation and factor analysis, expecting to explore the regulation and control, as well as attention required on China's price-control aspects, so as to promote stable and healthy development of real estate.This paper took real estate prices (mainly in housing prices) as the research object, the structure is divided into the following sections:The first part is the introduction to this article, mainly talked about the research background, purpose and significance of research and study on Review of the domestic related research, in order to establish a research question of this article.The second part is theoretical analysis, first of all, we define the real estate-related concepts and analyze the changes in housing prices in recent years, and then the formation of prices of real estate research was started from the determination of prices from supply and demand and production decisions price,finally summed up the influencing factors of real estate price.The third part is the price-control study in China. Start with real estate regulation and control theory, give comments on the review and effect of control measures since 2005, and analyze the reason for ineffective regulation, and then talk about views on the current housing price changes under the new regulations.The fourth part is due to real estate price ups and downs caused by regulation in order to raise the current price-control aspects require attention as well as policy recommendations, which were part of three aspects are discussed.The fifth part is the concluding part of this paper, through research, to draw a series of conclusions: the influencing factors of housing price volatility are complex; the demand for owner-occupied and investment needs must be effectively distinguished in price control; over-stimulation and suppress the real estate market is not conducive to the stable and healthy development of the industry; to prevent big fluctuations on prices and avoid financial risks, the financing channels of real estate should be further expanded.The main innovation of this article reflected in the following areas: First, build model from the distinction between the demand for owner-occupied and investment demand and put it into analysis on "The more stressed the more up" phenomenon from 2005-2007; some scholars believe that the current housing prices will continue to decline, I put forward different views and analysis; policy proposals are also elaborated on the views of individuals.
Keywords/Search Tags:housing, prices, macro-control
PDF Full Text Request
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