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Under the Macro-Control of the Relationship Between Supply and Demand in the Residential Market Study: In the Case of Xi’an

In: The 19th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Yan-wei Zhang

    (Xi’an University of Architecture and Technology)

  • Jian-ping Yang

    (Xi’an University of Architecture and Technology)

Abstract

Policy control and financial control work along both lines, control effect is distinct, the real estate industry faces structural adjustment. In this paper, using the principal component method analyze the supply and demand structure of residential market in Xi’an, and further using the housing price to income ratio and housing vacancy rate analyze the housing market bubble degree in Xi’an. The results show that, Xi’an residential market is demand pull type expansion structure, the contradiction of supply and demand is the root of its price fluctuation, there is no bubble threat in Xi’an housing market, meanwhile, it points out clear direction for the further implementation of macro-control policies. So effectively curbing the speculative demand and guiding effective demand at the same time is the key.

Suggested Citation

  • Yan-wei Zhang & Jian-ping Yang, 2013. "Under the Macro-Control of the Relationship Between Supply and Demand in the Residential Market Study: In the Case of Xi’an," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), The 19th International Conference on Industrial Engineering and Engineering Management, edition 127, chapter 0, pages 1009-1018, Springer.
  • Handle: RePEc:spr:sprchp:978-3-642-38442-4_106
    DOI: 10.1007/978-3-642-38442-4_106
    as

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