2007•Academic Forum of NanduRequires access
Analyses on the Feature of Real Estate Market and the Change of Its Price
Li Lan
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Abstract
The real estate market is a single-direction market.The real demand separates from the speculating demand,and instead of the price,the vacancy rate is the main means to clean the real market when the demand decreases.There is a positive feedback mechanism among demand,price,and finance in real estate.Besides the factor of real estate finance,macro-economy and industry structure, anticipation psychology in market,and management policy make prices of real estate periodical change.The running law of real estate market demands us to strengthen the forecast and interfere.