Title :
Study on the Harm of Extortionate Price of Real Estate over the City´s Development and Its Countermeasures
Author :
Lu Yifan ; Li Huiqiang
Author_Institution :
Sch. of Civil Eng. & Mech., Huazhong Univ. of Sci. & Technol., Wuhan, China
Abstract :
The influential factors, e.g. the management of government and the loans provision of banks were analyzed aiming at the reasons of real estate extortionate price in Wuhan. It has been deduced that the loans control is the most effective way to restrain extortionate price of real estate by analytic hierarchy process (AHP). Moreover, the suggestion that the local government should take the advantage of the global financial crisis to adjust urban development has been proposed.
Keywords :
banking; local government; pricing; town and country planning; analytic hierarchy process; banks loan provision; city development; global financial crisis; government management; loans control; local government; real estate extortionate price; urban development adjustment; Cities and towns; Civil engineering; Costs; Engineering management; Investments; Local government; Power generation economics; Production; Remuneration; Technology management;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5301494