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The Present Situation Of Real Estate Market Price In China And Regulation Research

Posted on:2012-05-30Degree:MasterType:Thesis
Country:ChinaCandidate:M WangFull Text:PDF
GTID:2189330332984543Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
In recent years, with the vigorous development of China's market economy, the real estate industry has become an increasingly prominent role in the national economy, after twenty years' development, the real estate industry itself and the external environment of the increasing real estate market become mature, and real estate construction area and the turnover are reaching new heights.However, accompanied with overheated investment in real estate market, high prices and supply structural imbalances have become the main problem. Real estate has become the focus of the community, the current outstanding problems in China's real estate market is:information asymmetry in the real estate market, the momentum of rising house prices being out of control, serious speculation, lousy market supervision, inefficient measures and so on.The most prominent of these issues was undoubtedly caused by rising house prices that brought a series of problems, facing known as "the most severe regulatory measures in the history",real estate prices are still keeping rising and this tells us that the ever-increasing real estate prices in China can not be suppressed by these measures. To solve the problem, we must understand the Chinese real estate price formation mechanism and factors influencing it.In this paper, the author combined the determinants of real estate prices and the general law of the price formation mechanism with China's conditions, discusses the characteristics of the real estate prices by citing "Grey theory".Given the current price control measures in the real estate industry, this combination of control measures put forward a set of consistent regulation according to the present situation in China.This paper is divided into five chapters, the first two chapters are mainly theoretical parts, which consist real estate prices combined with China's specific characteristics, with the use of decomposition point of view, the real estate prices in China is divided into five parts, which were analyzed one by one, trying to understand the status of real estate prices from the seller's point of view. Through the introduction of "gray system theory",this chapter used real estate price data of Luohu District, Shenzhen to predict the price in the future,hoping to learn more about this as an example to other places.Facing high real estate prices in China, people started to doubt whether the bubble exists in China' real estate. This chapter introduces international commonly used measure standard----- the ratio of Housing price to income. These questions are analyzed in details and the view of the author himself was put forward.The last chapter discussed the national real estate control measures, the proposed regulations should pay more attention to the effective integration of policies and measures to achieve the ideal result, the chapter also actively discussed the brewing and preparation of the "property tax" (real estate tax)that is on the way of introduction.
Keywords/Search Tags:Real estate prices, Pricing theory, Grey theory, Ratio of housing price to income, Adjustment and control measures
PDF Full Text Request
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