China Real Estate Bubble
|School||Dongbei University of Finance|
|Keywords||Real estate Bubble economy Vacancy rate Early warning indicators|
Real estate bubbles tend to appear in a national economic boom , the performance of the formation of foam , but peaked in the state , the market demand for a sharp decline in real estate prices soaring , falling house prices to bubble burst . The real estate bubble may evolve into a bubble economy , once the bubble burst , will have serious consequences for the economy of the country or region . Has maintained a rapid growth of China 's real estate industry in recent years , real estate prices rising year by year , aroused the China real estate bubble problem widespread concern . Depth study of the formation mechanism of the real estate bubble and precautions to protect the healthy development of the national economy has important practical significance . Gave a brief description of the first scholars for the study of the real estate bubble theory ; then clarify the basis of the theory of bubbles in the domestic and international case studies of the real estate bubble reasons , summarized in the manifestation of the real estate bubble , and cited the harm ; by a review of the real estate bubble in the history and status quo of China 's real estate market , come to the conclusion of China 's real estate market bubble risks turn with the theory of speculation and expectations of the real estate bubble from generation -and-bust economics explain . The real estate bubble of the early warning and prevention is the focus of this article : First, make a brief introduction of the various early warning indicators , and then expressed their views on the design of the early warning system , that is based on the specific circumstances of each city to give different weights of the various early warning indicators . The end of the article from the macro, micro and industrial policy perspective to examine the existing problems in China 's real estate development , and made ??many recommendations for the prevention of the real estate bubble , monetary policy, fiscal policy , industrial policy , as well as to regulate government behavior .