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Research On The Controling Of The Commercial Housing Price In Xi'an

Posted on:2011-07-06Degree:MasterType:Thesis
Country:ChinaCandidate:F F GuFull Text:PDF
GTID:2189360305474865Subject:Finance
Abstract/Summary:PDF Full Text Request
The price of commodity house not only relates to people's enjoying a good and prosperous life, but also relates to the economic development of the whole nation. The undulation of house price has great influence on economy. On the one hand reasonable price can promote the healthy development and the nation's economy can go on well. The house vacancy rate,the impropriate use of a great deal of fund,the restrictions of relevant industries and the bad influences on estate market system is not perfect because of its late beginning. Therefore,it is necessary to research for the influential factors and controlling over the real estate.The full paper contends five chapters:Chaperl, Introduction. This chapter has described the background, purpose and significance, and on this basis it has studied and summarized the domestic and foreign literatures. At last, the path, research methods and the possible innovations in the paper are described. And because of the Financial Crisis, and the rare literatures researching the price of commodity houses in Xi'an, and most papers are about the factors,and the study for the controlling measures also emphasis on qualitative analysis. Therefore this paper has made use of the quantitative analysis and establishing models to analyze the regulations of commercial residential buildings in Xi'an. Not only it is innovative,but also there are more objective data and practical significance.Chapter2, The Commercial Housing Analysis in Xi'an. This chapter has defined the concept of commercial housing theory, and analysis its characteristics and composition of the commercial housing price and cost. And then the current development status of commercial housing price in Xi'an, and so as to provide a realistic basis for further analysis.Chapter3, The price-making decision analysis of the commercial housing developing enterprises in Xi'an. This chapter has researched and analysis that how the real estate enterprises make the commercial housing price around their decision-making with the Cournot model,and made use of the simple quantitative model to predict the commercial price in the next 1-2 years in Xi'an.Chapter4, The analysis about the ability of residents in Xi'an to afford the commercial housing price. By an analysis on the ratio between the commercial housing price and earnings of the residents in Xi'an, and together with the current policy of individual housing loans in China,this paper has discussed the ability of residents in Xi'an to afford the current commercial housing price, and the conclusion is that the current commercial housing price in Xi'an is beyond the capacity of ordinary residents.Chapter5, The policy about the commercial housing price in Xi'an. In this chapter, firstly it is summarized that the macro-control policies made by the central and local government in recent years, and then the impact of these policies is analyzed, and it is thought that these policies are not totally effective., and it is found generally that the policies to promote development of the real estate market is basically fully effective,while the policies to restrain the housing price is ineffective.Chapter6, The analysis about the effects of the regulation and control policies of the commercial housing price in Xi'an and the recommendations. Because the control policies of the commercial housing price in Xi'an are partly effective, and in this chapter, from the perspective of the policy makers,the relationship between the public expectation and government commitment is analyzed using the VAR model, after that the confidential degree of policy commitment is test so as to research the reasons of the policies are partly ineffective. At last,on that basis, the main conclusions of this chapter are summarized:(1) The Government should consider a multi-disciplinary and regulate commercial housing market. (2) the validity period of the policy should be appropriate to extend, and make the public trust the government more.(3)The existing residential development pattern should be improved.I hope this paper can be useful and significant for government to the manage and regulate the housing price in Xi'an.
Keywords/Search Tags:commercial housing price, Cournot model, peoples' forecasting, macro-control, VAR model
PDF Full Text Request
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