An Study On Residential Real Estate Price

Real estate has been the fundamental, guiding and pillar industry in the national economy. It not only plays an irreplaceable important role in the run of modern market economy, but also is the basic objectives and key elements for building a well-off society.Based on the research results at home and abroad and from the angle of real estate special attributes (double investment goods and daily necessities, not mobility, the entity of commodities and prospective social security goods), the paper used the economic theory to explore the causes of the problems and underlying causes on the background of the residential real estate development in China. The real estate industry closely associated with other industries forward and backward. And the development of China's real estate market is relatively late with a lot of imperfections, immaturity. The market easily breeds blindness, speculation, so it is particular important to seize major factors in the analysis. This article closely focuses on the supply and demand structure, credit and foreign capital, the local governments which will be the basic aspects for follow-up discussions and recommendations. Currently, the property market prices high, developers reap huge profits, delegation of speculation, coax high housing prices, and so on. The government issued a series of macro-control policies, more emphasis on the government public service functions to allay public discontent. With convergent of the four major reasons for analysis in the first part, the article selectively sums up the main housing policy in recent years. And from the land policy, real estate credit policies, real estate tax policy, and foreign exchange management policies four aspects to see the effect of policy implementation, respectively focus on its impact on real estate prices. The article finally dialectically analyses the effect of the implementation of policy, and its pros and cons. It stresses on clear the macro-control objective, and takes rational look at the specific restriction policies, and offers some proposals, such as differential treatment on restrictive investment demand, differential investment demand, the establishment of a good information-sharing system, enhancing diversification of sources of funds and so on. So as to perfect the real estate market development, and improve the government's administrative efficiency.Real estate industry has close relationships with national economy and ordinary people. Following the law of the market economy, we need take China's special national conditions into consideration, set clear strategic goals, and establish a sound regulation and control system so as to leave the market a clear psychological expectations. This is important for maintaining price stability, and promoting the smoothly development of the real estate industry.