A Theoretical Analysis of Real Estate Investment and Urban Housing Price Dynamics in China

摘要：

With the conversion of the housing provision system, the cost of commodity residential housing in China increased quickly. There are some variables which causes enhance of real estate investment scales and increase in urban housing prices in China. Based on literature review on Chinese urban housing growth, this paper develops a theoretical analytic framework of real estate investment scales and urban housing dynamics growth in China. Chinas remarkable economic growth has been accompanied by the real estate investment scales, and is bound to cause the increase in housing prices; Population growth and household income become the effective demands for real estate investment scales and the increase in housing prices partly; Limitation of household registration system and regional variations in the urbanization level and social welfare institution lead to regional variations in the real estate investment and housing price increase; The income of domestic speculative capital and the inflow of international hot money have driven up property prices volatilities, and have accelerated a worrisome bubble in China.

关键词： Real Estate Investment Urban Housing Price Dynamics China

作者: SHEN Yajun WANG Ning ZHANG Zhaohui

作者单位: China Canada Higher Applied Technology College, Shandong Institute of Business and Technology, P.R.C College of Information and Electronic Engineering, Shandong Institute of Business and Technology,P.R Administrative Offices of Constructional Industry, Zhifu District, Yantai City, Shandong Province, P

会议类型: 国际会议

会议名称: The 5th International Conference on Management Technology(2010年第五届太原技术管理国际研讨会)

会议地点: 太原

会议语种:英文

页码: 225-229

在线出版日期: 2010-08-20（万方平台首次上网日期，不代表论文的发表时间）