Paper Title:
The Effect of Land Finance on Real Estate Prices
  Abstract

Due to the fact that real estate prices is not only concerned with common people live and work in peace and contentment, but closely associated with the trend of national macroeconomic situation, the excessive rise in real estate prices has drew extensive attention in all layers of society. Many experts and scholars pointed out that high real estate prices in some cities and regions have already became the latent danger to the healthy and sustainable operation of macro-economy. Our country has begun to initiate control measures over the real estate industry forbidding the developers’ land reserves, accelerating the construction of policy-based house, and a series of measures to curb the excessive rise in price; however the effect of policy implementing is far from satisfaction. Under the background that the whole society all focus on the higher and higher prices, talking about the reasons driving the real estate prices to rise were particularly necessary. Land finance is not the authentic reason promoting prices and its effect maintains uncertain. The predecessor’s work still lacks of empirical research; what’s more, the effect of land finance on the real estate prices should be considerate from the point of its expenditure channel: the degree of its promoting real estate prices is to a great extent associated with expenditure channel in our country. Even if the benefit of land transfer is high, due to the balance of payment deficit is small or more expenditure on policy-based housing and the old city renovation. Land finance will finally weaken its promoting effect.

  Info
Periodical
Advanced Materials Research (Volumes 374-377)
Chapter
Chapter 10: Innovative Structures: Technologies and Applications
Edited by
Hui Li, Yan Feng Liu, Ming Guo, Rui Zhang and Jing Du
Pages
2275-2278
DOI
10.4028/www.scientific.net/AMR.374-377.2275
Citation
Y. Zhou, S. Zhang, "The Effect of Land Finance on Real Estate Prices", Advanced Materials Research, Vols. 374-377, pp. 2275-2278, 2012
Online since
October 2011
Export
Price
$32.00
Share

In order to see related information, you need to Login.

In order to see related information, you need to Login.

Authors: Hong Yong Liu, Li Deng
Abstract:The article mainly introduced how the land auction in our country impacted the sell price of land, and through analysising the influence of...
6385
Authors: Xiao Wen Bian, Bao Cheng Lu, Xia Zhao
Chapter 5: Materials Science & Engineering
Abstract:At present, the phenomenon of rural collective construction land transference widely exists in many cities, including big cities and small...
586
Authors: Ping Ren, Fen Na Wu, Jie Ming Zhou
Chapter 19: Land Resources Environment and Urban Planning
Abstract:Currently, urban development needs more construction land, and food security requires the guarantee of a certain farmland. This causes a...
3814
Authors: Mao Sheng Yang, Hai Li Li, Jiu Zhong Wang
Chapter 6: Soil and Water Conservation and Desertification Control
Abstract:Based on extension theory, combined with the existing problems of urban land intensive use, evaluation system of urban land intensive use was...
843
Authors: Yong Gang Hao, Jing Rui Li
Chapter 1: Structure, Building Materials and Constructions, Architecture and Civil Engineering Application
Abstract:The basic principle of coordination between overall urban planning and land utilization planning includes four factors, scientific...
14