Land Prices And Housing Prices Interaction Between Research,

China's housing prices grows repidly in recent years, as 2007 for example, the 70 large and medium-sized urban land transaction prices increased in the first three quarters rose by 12.8%, and increasing season by season the former three quarters cumulative average home sales price rose 6.7% . High prices and land prices will hinder economic and social development, the improvement of living standards. Developer blamed rising land prices, local scholars suggested that the Government land as the sole supplier of the pursuit of "profit maximization" further push up prices, the Government vigorously for the protection of people's livelihood control housing prices have little effect. Therefore, the relationship between the land and house prices became the debate of the government departments, developers, academic.Reasonable land prices and the healthy development of real estate is an important condition. High prices and land prices will hinder economic and social development, the improvement of living standards; low premium will not only cause the loss of state assets, it will cause a waste of land resources. Therefore, correctly handle the relationship between land prices and housing prices, the real estate market and to promote the coordinated development of a socio-economic significance.Tianjin chosen as a premium paper prices and the study of the reason is: With the Tianjin economic development and raising the level of modernization in recent years, foreign resident population size showing a significant expansion of the trend. Population growth, urbanization process is accelerating in Tianjin will be a lot of demand for housing, urban residents and per capita disposable income was the overall growth trend, domestic market demand has been increasing. In particular the development of Binhai New Area has been opened into the national "11th Five-Year" Plan, the Binhai New Area was included in the national development strategy of this new orientation, so that Tianjin has become the new northern regional hot real estate development, real estate in Tianjin has entered a new The historical stage of development.On the basis of the relevant theory, for example, the price, rent land, the market supply and demand, the economic cycle theory, this theory qualitative discussed on the relationship between land price and the house price in specific aspects of the four premium: discussed on the relationship between land price and the house price from the meaning of each of the composition, and discussed under different conditions the relationship between land prices and the changes in the real estate market ; analyze the relationship by Tianjin's land and house prices of the past two years, discuss the relationship from supply and demand factors ; use Granger causality test, premium prices from the time series has changed the perspective, explore the causal relationship between land prices; analyze specific case of Tianjin, by analyzing the land and house prices of the new real estate project in Tianjin. Through the group samples were investigated from region, time, land transactions and land-price premium on the relationship. Through theoretical, macro, case analysis and measurement concludes: Premium is not the main reason for rising prices, and from a certain angle, is the result of housing prices.Because developers margins much higher than average profit margins general community, making price increases led to the rise in the cost of inevitability does not exist. Even if the rise in land prices push up the cost further push up the price and the role is very limited. The real estate market focus of the contradictions between supply and demand rather than the supply is demand, more and more speculative demand and semi-investment demand and the gradual strengthening of prices expected rise in demand, prices rising. At the end of the paper, draw conclusions and propose appropriate policy recommendations. For example, developing long-term development of the market in line with the trend of reasonable land supply plans, adjusting housing supply structure, increase the supply of Dazhong Xiao-family homes, rationally determine the economic low-cost housing and the construction of the scale...