Research on Characteristics of Real Estate Price Bubbles in China

DOI

10.2991/emcm-15.2016.138How to use a DOI?

Keywords

Real estate price bubbles; Price earnings ratio; Tripartite game; GDP growth rate

Abstract

To illustrate the Chinese real estate market bubbles' situation and trends, analyze relevant characteristics and structural features, this research used qualitative and quantitative research methods, and focused on statistical analysis of housing prices in major cities and the whole country, like the growth rate of economic and price, the price earnings ratio and other data. Basing on the relevant literature at home and abroad, this results showed that there is a small deviation of China's overall economic development and the real estate index, individual cities is relatively large but still acceptable. Chinese real estate market bubble is not serious, because of irrational economic growth, super city agglomeration effect, short-sighted real estate regulations and deformity housing concept, consumers would feel house price is too high.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Minyi Yu
AU  - Chunjie Ma
PY  - 2016/02
DA  - 2016/02
TI  - Research on Characteristics of Real Estate Price Bubbles in China
BT  - Proceedings of the International Conference on Electronics, Mechanics, Culture and Medicine
PB  - Atlantis Press
SP  - 759
EP  - 764
SN  - 2352-538X
UR  - https://doi.org/10.2991/emcm-15.2016.138
DO  - 10.2991/emcm-15.2016.138
ID  - Yu2016/02
ER  -