Title: Imbalanced Effective Supply and Effective Demand of China’s Housing Market from 1991 to 2008
Abstract: In this article,based on data from 1991 to 2008,we make a theoretical and empirical study on the degree of imbalance between effective supply and effective demand in China’s housing market initially.We find out that the problem of imbalance in China’s housing market is severe within certain time.With the market economy’s advancement,the state of imbalance between supply and demand will be changed to be better gradually.Nevertheless,this problem appears again in recent years.In order to achieve the goal of the long-run and healthy development of the housing market,we have the policy implications that basic and specific policies should be made by governments to eliminate the imbalanced supply and demand.
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: article
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