从经济学原理分析—影响我国房地产价格的因素.docVIP

从经济学原理分析— 影响我国房地产价格的因素（英） In resent three years, the change in the price of housing becomes more and more substantial. The determination of prices in local and regional housing markets is a classic example of microeconomics in action! We are seeing the interaction between buyer and seller with prices being offered and agreed before a final transaction is made. Obviously the demand and supply side factors determine the value of properties in a market. Each housing transaction in China depends on two points—the demand price and supply price. The actual demand price is the buyer who is willing and able to pay. On the contrary, the supply price is the seller who is willing to agree for their property with the prospective buyer. Generally speaking, buyers always place offers for a property that the seller can either accept or reject. Demand price structure in China – According to a survey on the Internet by Housing Institute by the end of 2007, total household income in shanghai accounted for 48.7% below $36,000 and approximately 32.8% in the between 3.6 and 7.2 million. About 36.4 percent people can accept less than $2000 per square meter and 34.8 percent people are able to accept between 2000 and 4000 per square meter. It is clear to see that demand of low-cost housing still sustains higher than that of high-cost housing. Through scientific statistics for investigation data, the total housing price acceptable to consumers in shanghai Y (million) and the household income X (million) exist some relationships as follows: Y=10.24+3.45X (correlation coefficient r=0.955).According to the State Statistics Bureau statistics, the average real income of urban residents in Shanghai accounts for $11,213. Based on the above relationships, the average price of purchasing housing in shanghai is 21 million total which is equal with the ratio of 1:6 relationships between the total household income and the housing price. In a sellers market -- When the market demand for prop