Study On The House Vacancy Rate In China

House construction is considered as the supported-industry in our country because of its obvious industry relevancy and the great potential demand of residential market. It is also taken as the new economic growth power to develop the national economy. On the other hand, the quantity of demand and supply of house is seriously different because that the real estate is only in the preliminary stage in China. And it is no long before that the usage of land must be paid for and house commercialization has been carried on. This difference will be at the minimum when the current vacancy rate of house equals the natural vacancy rate. Therefore, the natural vacancy rate shall be the standard of the equilibrium between the demand and supply of house.This paper firstly analyses the state and influence of the vacancy house in China and discloses the reason why the vacancy house exists. In succession, by the character of supply and demand in the market economy that the price of the house will change if the current vacancy rate doesn't equal the natural vacancy rate. The theoretical model of seeking for the natural vacancy rate is discussed in this study. According to the current too high vacancy rate, the paper gives the corresponding solution that the government can control the general quantity of supply, real estate company can optimize the operation to maintain the effective supply, financial organization dan support the development and the consumption of the house to adjust the proportion of the supply and demand.