Analysis for Irrational Rising of Real Estate Price Based on Carey-Model
Based on the Carey-model, this article constructs the price-affect model of real estate by extending variable factors, and concludes the reasons of real estate price rising by analyzing the relevant data in Shanghai empirically. It is indicated that supply and demand of real estate, financial resources controlled by investors, and price deviation are the main factors affecting the real estate price. Furthermore, it is found that investors market expectation for real estate and bank credit expansion would be the underlying reasons of irrational price rising of real estate.
real estate irrational price carey-model
Sun Wei Zhang Li
Changan University, Xian, 710064, China Xian University of Technology, Xian, 710032, China
国际会议
烟台
英文
814-818
2010-08-06(万方平台首次上网日期,不代表论文的发表时间)