The Analysis of the High Housing Price and Caution in the Housing Prices Increasing Expectation Model
- 经济学院－会议论文 
It's a stark contrast that the fast increasing price in recent years with individual cities' decreasing price these days in the housing market. This paper introduces the housing prices expectation factor, constructs the housing prices expectation model to analysis the consumer behavior. We get that expectation of house price rising is the most important reason of high housing price. Cost-push and basic demand, adequate capital flows and local government policies on the real estate market support for rising prices have an important impact. Based on this we take three aspects of the relevant policy recommendations: reducing the cost of land, the Government providing effective supply, housing prices rising expectation. Finally we conclude that the effect of house restriction order policy has the most influention, but the land premium will be adversely affected.