China's Real Estate Market: Issues and Countermeasures
DOI:
https://doi.org/10.54097/ne69sg76Keywords:
Real estate; real estate investment; economic development.Abstract
The real estate sector plays a vital role in China's economy and is a crucial engine of economic growth. The massive investment and construction activity has promoted the upgrading of infrastructure and the development of manufacturing, construction, and related services, thus strongly supporting the expansion of the overall economy. However, with the rapid growth of the real estate market, some problems that cannot be ignored have also been exposed, including rising housing prices, intensified real estate "speculation," and the environmental impact of real estate projects. These problems may threaten the financial system's stability and negatively impact social equity and the ecological environment. This article aims to delve into the main issues facing the real estate industry today, explore their causes, and propose practical countermeasures, aiming to promote the development of the real estate industry in a healthier and more sustainable model to promote long-term stable economic growth.
Downloads
References
[1] Chen, H., Deng, S., Zhang, S., Shen, Y. Urban Growth and Its Ecological Effects in China. Remote Sensing, 2024, 16(8): 1378.
[2] Cai, W. X., Chen, S. Y., Wang, Y. R. Analysis on the Influencing Factors of Housing Price in China. BCP Business & Management, 2023.
[3] Li, H. Evolution, Impact, and Transformation of Land Finance: A Case Study of Liaoning. Political Science, 2015.
[4] Jian, Q., Ma. Analysis of the Impact of Land Bidding and Auction System on the Real Estate Market. Smart City Applications, 2020, 3(4): 12-21.
[5] Liu, X. L., Gu, S. T. Research on the Risk Spillover Effect of Real Estate on the Financial System: Based on the AR-GARCH-CoVaR Method. Biology, 2014.
[6] Shen, Z. F., Li, J., Siraj, A., Taneja, S., Li, Z. H. Housing types, population attributes and the development path of housing in large cities-A case study of Zhengzhou, China. VILNIUS TECH, 2024.
[7] Ren, J., Li, J., Xi, B., Yang, Y., Lu, H., Shi, J. Current status and countermeasures of groundwater pollution prevention and control in China. Chinese Journal of Engineering Science, 2022, 24(5).
[8] Tyagi, A., Tiwari, T. K., Kaur, G. Analyzing Air Pollution Mitigation Methodology: Odd-Even Campaign, 2020.
[9] Adjei, E. Ghana Soil Management Policy: Relevance, Concepts and Processes for Its Attainment. Environmental Science, Agricultural and Food Sciences, 2020.
[10] Olatoye, T. A. Exploratory review of urban expansion, coastal vegetation environments (CVEs) and the paradox of sustainability. Journal of Human Ecology, 2019, 67(1-3): 31-52.
[11] Xu, X., Jiang, H., Wang, L., Guan, M., Zhang, T., Qiao, S. Major consequences of land-use changes for ecosystems in the future in the agro-pastoral transitional zone of Northern China. Applied Science, 2020.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
