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The Analysis of the Current Situation for Real Estate Market in Baoding and the Research of Control Measures

Author: LiNing
Tutor: GengZhao
School: Hebei University
Course: Administration
Keywords: Price Theory Non-rational Growth Control Measures
CLC: F293.3
Type: Master's thesis
Year: 2011
Downloads: 133
Quote: 1
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Abstract


From 1998, commodity house has reformed in twelve years, China’s real estate market experienced a rapid development period. Real estate market booming rise has made great contribution to China’s economic growth, simultaneously it led to a rising house prices across the irrational.Irrational growth in real estate prices means that the market price of real estate gets out of the basic conditions for continued growth in the situation. Several major cities in China such as: Beijing,Shenzhen and other cities’real estate prices grow up seriously. Real estate prices in the irrational growing mainly due to supplied and demanded condition, but also with the confusional Chinese real estate market,opportunistic behavior of some people.The irrational growth in real estate prices not only give the real estate market risk for healthy development, and lead more and more difficulties to the city residents for buying the housing. Real estate prices increase has become the prominent problems of China’s social and economic areas; also, it becomes the important influence factors of social harmony and stability. The blindness of market regulation demanded the government need to strengthen its macro-regulation. From the central to local, the government at all levels has promulgated related policies about standard management of real estate market, however, due to various reasons, the effect of policy doesn’t achieve the ideal expectations. This article begins from the development of real estate market and the government’s regulation policy in Baoding, analyzes the present situation of the real estate market, sums up the root cause and direct cause of the irrational growth in real estate prices, expounds the harmfulness of the irrational growth in real estate prices, and points out the defects of market regulation and the necessity of government regulation. Also, the article summarizes some measures from financial policy, tax policy and the law etc for how to realize the healthy development of Baoding.

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CLC: > Economic > Economic planning and management > Urban and municipal economy > Urban Economics and Management > The real estate economy
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