Study On Bubbles Of Hefei Real Estate Market

In recent years, along with the continuously soaring price of our country real estate bubble become a hot topic of current society.Since May 2007,the subprime mortgage crisis of American has cause serious harm to the world economy.lt reminds us to understand soberly the current domestic real estate market situation,as soon as possible to take effective measures to prevent and resolve the harm that may be cause by real estate bubble burst.This article is under this background An Empirical Study of the real estate market bubble situation in hefei.In this paper, through discussion, clearly a bubble and the content of the bubble economy, with the real estate market characteristics, clearly the meaning of the real estate bubble, the real estate bubble of the causes and hazards after the bubble burst. Comparison of methods used to discuss a commonly used measure of the real estate bubble of several ways the advantages and disadvantages.To obtain the relatively objective conclusion, bubble can reflect that the real estate bubble formation the inherent laws and the characteristic, were advantageous for the actual operation the principle to embark, select the supplies index, the demand index, the value of each contribution index to constitute the Hefei real estate froth measurer system. The concrete measure target for the investment in real estates and the GDP ratio, the house price and a family's earning a yeat, the sale and rental ratio. The measure result indicated that the Hefei real estate index is 2.92, meaning that the real estate market in Hefei more serious bubble, the bubble in danger zone as a whole, and approaching a serious risk, we must attach great importance to the relevant government departments.The Hefei real estate foam formation's reason already has the macroscopic aspect factor also to have the microscopic aspect factor. Residents on the centralism release of housing demand, the bank credit funds to support, housing security policy is imperfect, the local government to promote, the real estate market order not standardized, sheep mentality, and so are the cause of the bubble. Finally, the reason which produces in view of the froth, has given the corresponding policy suggestion.