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《Journal of Hunan Finance and Economics University》 2012-01
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Discussion on the Causes and Countermeasures of High Housing Prices in China

LI Zhen-guo XU Guang-hui(Institute of Political and Law of Xinyang Nomal University,Xinyang Henan 464000)  
The situation of high housing prices in China is mainly reflected at the extreme height level of price earnings ratio,the ratio of price growth rate and GDP growth rate,price rents ratio.There are many reasons which include a serious shortage of supply of the real estate market and too strong demand,local government land finance,credit expansion and illegal loans and the prevalence of monopoly mechanism and so on.As a result,we must introduce series of sound real estate-related laws system,establish multi-layered housing security system and housing consumption mode to meet the China' conditions,and give full play to the role of the government's macroeconomic regulation and control to restrain high housing prices effectively to promote the healthy development of real estate.
【CateGory Index】: F293.3
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