Analysis of the Real Estate Market Prices Based on Demand Curve with Positive Slope——An Explanation of High Real Estate Prices
Jia Jin-yu
Abstract
Jia Jin-yu
Abstract
Based on the particularity of real estate,real estate market is derived slope of the demand curve,then analyses the relationship between the high price and market supply and demand in China's real estate market when the demand curve of the real estate market is positively sloped curve,using the method of equilibrium analysis.The conclusion of the essay is China's house prices will rise in long-term and will be instability in short-term.
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Based on the particularity of real estate,real estate market is derived slope of the demand curve,then analyses the relationship between the high price and market supply and demand in China's real estate market when the demand curve of the real estate market is positively sloped curve,using the method of equilibrium analysis.The conclusion of the essay is China's house prices will rise in long-term and will be instability in short-term.
Key concepts: Real estate, Supply and demand, Economics, Capitalization rate, Demand curve, Price on application, Market price, China