我国商品住房价格持续上涨的市场机制

Translated title of the contribution: The Market Mechanism for Continuously Rising Price of Housing in China

Baoli Bai, 欧 恒

Research output: Contribution to journalArticlepeer-review

Abstract

As an item of living necessity, the residential house falls into the category of inflexible commodity within certain range of price. When the suppliers of residential houses realize this, they tend to reduce the amount of supplies through coordination and thus raise the price with the purpose of gaining more profits. Then the curve that indicates the supply will become negatively skewed. Under such circumstances, because of the unbalanced demand and supply, the price of the houses may rise continuously. To check this trend, the government should make policies to interfere with the price in light of a balanced demand and supply of residential houses.
Translated title of the contributionThe Market Mechanism for Continuously Rising Price of Housing in China
Original languageChinese (Simplified)
Pages (from-to)20-24
Number of pages5
Journal教学与研究
Issue number09
Publication statusPublished - 2007

Keywords

  • the housing price
  • living necessity
  • market mechanism

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