A Study On Promotion The Stable Operation Of Housing Prices In Western China

With the continuous progress of urbanization, the gradual deepening of the real estate market-oriented reform and steady implementation of the western development strategy, the real estate industry in western China has been rapidly developed in recent years, and housing prices have also shown a rapid upward trend. As the focus of public concern and the core of real estate economic theory, housing price is closely related to economy and people’s livelihood. To promote housing prices stability is of great theoretical and practical significance.Firstly, based on the actual situation of China and the general operation mechanism of housing price, the operation mechanism of China’s housing price is revealed, and the evaluation index system of house prices is established. Then, the2002-2010operating conditions of housing prices of11large and medium cities in western China is quantitatively analyzed in the dimension of time and space. The study finds that the average housing price of western China is lower than the national average level, but housing prices in most western cities are upward fluctuations, regional and spatial differences of housing prices are extremely conspicuous, especially the growth rates of house prices in some western capital cities are exceedingly rapid, which leads to the uncoordinated relationship between housing prices and economic growth, housing prices and residents’ income. The further regression test based on an econometric model shows that demand-pull is the direct cause that leads to the upward fluctuations of housing prices in western China, and the demand from non-fundamentals has important explanatory power for housing prices in some western cities. As for this, effective integration of the long-term institution and short-term regulation is main countermeasure that should be used to promote and achieve the smooth and stable operation of the housing prices in western China. Establishing and improving real estate land system, tax system, credit system and regulation system are core contents of the long-term institution, and the components of short-term regulation should be the flexible and prudent economic means based on local conditions, the necessary administrative means and legal means.