Comparative Static Analysis of Equilibrium of Supply and Demand in China's Property Markets

DOI

10.2991/msie-16.2016.31How to use a DOI?

Keywords

The property market; Supply and Demand functions; Equilibrium of Supply and Demand; Comparative Static Analysis.

Abstract

The property market is a subsystem of the whole society system. Since the 21st century, China's property market has become increasingly popular and it has created miracles of wealth one after another. Under this trend, a great amount of people flocked to the property sector. At present, under the circumstance of the increase in China's property prices, the study of supply and demand of the property market, as well as its prices, will help practitioners to understand its market discipline and promote stable and healthy development of real estate market. This paper, from the perspective of supply and demand equilibrium theory, analyzes the law of supply and demand of the property market and its relationship with prices. Through the establishment of the model of supply and demand equilibrium in commercial housing, this paper undertakes the Comparative Static Analysis of elasticity of supply and demand and factors influencing housing price.

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  - Yanshuo Chen
PY  - 2016/10
DA  - 2016/10
TI  - Comparative Static Analysis of Equilibrium of Supply and Demand in China's Property Markets
BT  - Proceedings of the 2016 International Conference on Management Science and Innovative Education
PB  - Atlantis Press
SP  - 135
EP  - 138
SN  - 2352-5398
UR  - https://doi.org/10.2991/msie-16.2016.31
DO  - 10.2991/msie-16.2016.31
ID  - Chen2016/10
ER  -