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Economy Research On The Real Estate Industry Bubble

Posted on:2008-03-23Degree:MasterType:Thesis
Country:ChinaCandidate:S M YuanFull Text:PDF
GTID:2189360242973736Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
This article has conducted the quite comprehensive research and the explorationto the real estate bubble question. The real estate impetus function strengthens day byday to the national economy, but the real estate question also becomes one of focalpoints which the economist and the persons pays attention to. Whether the Chinese realestate have the bubble always is a popular thesis. Many overseas scholars carry on regarding thisintensely argue. While which hundred school of thought contends, many conduct the researchand the measure to the Chinese large-scale city real estate bubble with the aid of the overseasresearch technique and the target,and draw the conclusion but not truth. In any event, the fieldbasically has a mutua lrecognition, the real estate is excessively hot in China, moreover also inincreaseing process. Whether the bubble has formed, when is the bubble disillusioned, is thisone of objects that article hoped to discuss. This has initiated investment risk argument from allwalks of life to the Chinese real estate profession, also between the academic circles, the politicalcircle, the enterprise and its the interior have a greater dispute, therefore enlarge the difficultywhen the government, real estate business, the financial organ and so on in the decision-makingtime.We should soberly realize the current vigorous development real estate industry isa double-edged sword. It already can the fuel economic growth, also possiblyproduces the economical froth. Therefore, the government cannot but prudentlyhandle affairs including a series of macro economic regulation and controls measurewhich take further standard real estate market and decrease its temperature. But whatcharacteristic the real estate has? How estimates the real estate? Why there is widelydivergent regarding for the same real estate target that different researcher's computedresult? Whether there is risk about the current real estate investment. Namely is realestate industry at present hot? Has the bubble or to be able to cause the bubbleeconomy? This article will penetrate studies and the reply above question. Throughthe massive domestic and foreign cases analysis, this article utilized the theory and thereal diagnosis analysis method to the real estate froth origin, the measure as well asthe reason of real estate bubble bursts by conducting the research. In the fundamentalresearch foundation, unified our country actual situation. We propose some policies suggested, hoping providing the certain theory basis for our country real estate's health development.This article altogether divides into six parts, the first part is an introduction, mainly elaborating the selected topic background, the research significance as well as the literature review; The second part starts from analyzing real estate bubble origin by quoting the massive overseas examples, elaborated the real estate foam formation macroscopic environment and the microscopic mechanism; The third part discuss the real estate bubble performance after formation, and carries on the measure with the target. The fourth part elaborate real estate bubble bursts and harm. The fifth part gives the constructive comment for the prevention and afterwards governing to the real estate bubble.
Keywords/Search Tags:Real estate price, Bubble, housing price-household income ratio
PDF Full Text Request
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