Research On Chinese House Prices Under Marx’s Theory Of Values

The Chinese real estate prices have been showing a general trend of rise over theyears. Consequently, the buyers’ rigid demands for houses are difficult to be met.However, the real estate investors never get bored with the climbing prices. If thingscontinue in this way, the social contradictions will become increasingly prominent.According to the law of value, the prices of commodities fluctuate along with theirvalues. However, what we have seen here is the continuously rising prices. Can suchphenomenon be explained scientifically with Marxist law of value? In this thesis, theessential reasons for real estate price fluctuation are analyzed from the perspectives ofendogenous factors and exogenous factors, based on the Marxist theory of value. As aresult, the constructive proposals are put forward to promote the reasonable swingingback of the real estate prices in China.This thesis is specifically divided into five parts:Part I is a general introduction. In this part, it describes the purpose, thesignificance, the structure and the research methodology of this thesis, and its point ofinnovation as well as of inadequacy.Part II analyses the reasons for the deviation of real estate prices from the value.This part consists of the literature review of the domestic and foreign thesis with thesame theme, and of the general introduction of Marx’s value theory. Moreover, thereasons contributing to the deviation of real estate prices from the value are analyzed inthis part from the perspectives of endogenous factors and exogenous factors. This is theinnovative and crucial part of the thesis.Part III elaborates the trends and causes of the real estate price fluctuation in China.Firstly, the structure of Chinese real estate prices is analyzed. Then, this part dissectsand predicts the trends of Chinese real estate price fluctuation.Part IV presents policy recommendations to promote the reasonable decrease ofChinese real estate prices. Based on the analysis of actual cases, the policy recommendations which promote reasonable return of real estate prices are proposedfrom the aspects of demand and supply.Part V is the final conclusion.