Research Of Interaction Between Housing Market And Urban Economic

Housing market is an important department which has great effect on the people livelihood in our country.Since the housing system reform was carried out,the housing market has developed dramatically.It has promoted both the improvement of the living conditions of the people and the development of the national economy. However,there have come out a lot of issues in the housing market during its development,such as too high housing prices,overheated market,the housing market bubble and so on.These problems have seriously affected the development of the housing industries,affected the improvement of people's living conditions,but have given a very negative impact to the entire national economy.Due to its significant impact on people's livelihood,the housing market has become a focus of the government and a focus of regulation.It has also become a focus in economic circles and has roused a lot of controversy.How to solve the housing problems of the vast number of urban people and avoid problems in the development of the housing market.has become very urgent for china.The housing market as a very important part of the urban economy has complicated contacting with the entire urban economy system.The housing has the character of expense and investment at the same time.As the consumable which is mainly manifests as the rent,it is a very important part of the whole urban consumer market part..As the capital,the housing is a very important component of the family property.Because of the character of the Housing market,it plays very important part on the consumable and investment of the urban economy.The housing market makes influence on the urban expense mainly through the wealth effect and the deposit effect's channel,and it makes influence on the urban investment mainly through the change of the property value and the industrial profit..Meanwhile,the housing price's change will affect the people's life cost,and then affects the wages paid by explorer. So it has the cost effect on the urban economy.The urban economy influence the housing market mainly manifests as the economic cycle influence.This paper research the relationship between the housing market and urban economic with cointegration analysis,and make sure that if the relationship exists in China.The current domestic housing market research is often limited to the housing market internally while the research on the relationship between the housing market and the economics is often limited to the national economic' effect on the housing market.There is rare research on the housing market's impact onto the economics and often the research is basic the characterization one.And thus,in order to find a solution to the housing problems.It requires studying the iteration between the housing market and the urban economy,and forming an overall grasp on the relationship between the housing market and the economic fundamentals.China is vast and different regions are at different economic cycle.For the housing market is a typical regional market,we can see that the development of the housing market in different cities are often not synchronized.From the urban point of view,we can more easily seize the relationship between the housing market and the economic variables. This paper puts the study scope limited to the urban economy and the housing market.It cuts the cities into several categories by the economic situation and the housing market's development,and analyses each category specially.From the differences,it finds the common grand and sum up the correlation between China's housing market and the urban economy.Through the analysis,it tries to give some reasonable proposals and solutions to the development of the housing market.