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Research on the influence mechanism of real estate bubbles dynamic evolution

  • School of Management, Harbin Institute of Technology

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

In recent years, China real estate industry is in the booming development while of the existence of high prices and high vacancy rate. People are worrying about the real estate bubble. This paper is started on the basis of extensive literature review. Based on the connotation of the real estate bubble, this paper analysis of the real estate bubble burst hazards, expounds general rules of real estate revolution, explores the internal and external evolution mechanism of the real estate bubble, constructs a dynamic model of the evolution of the real estate bubble, and then points out that real estate bubble revolution has synergistic effect and needs comprehensive role of closely linked mechanisms. Finally that the real estate bubble economy is controllable by a variety of mechanisms and tools portfolio is proposed so that real estate market plays a role of economy warning.

Original languageEnglish
Title of host publicationProceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages2337-2343
Number of pages7
ISBN (Print)9787883580805
DOIs
StatePublished - 2007
Externally publishedYes
Event2007 International Conference on Management Science and Engineering, ICMSE'07 - Harbin, China
Duration: 20 Aug 200722 Aug 2007

Publication series

NameProceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)

Conference

Conference2007 International Conference on Management Science and Engineering, ICMSE'07
Country/TerritoryChina
CityHarbin
Period20/08/0722/08/07

Keywords

  • Dynamic evolution
  • Fictitious asset
  • Finance crisis
  • Influence mechanism
  • Real estate bubble

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