DocumentCode
3127905
Title
The reasonable range of housing price rise rate
Author
Hongli, Zhang
Author_Institution
Xi´´an Univ. of Sci. & Technol., Xi´´an, China
Volume
2
fYear
2011
fDate
4-7 Aug. 2011
Firstpage
197
Lastpage
200
Abstract
The development of real estate industry is significant to the national economy and the people´s livelihood, and the regulation of real estate is an important content of macroeconomic regulation and is controversial invariably. The key of real estate regulation is the regulation of house price, i.e. to control the rising extent of house price within a normal range. The article calculates the target range of house price regulation in 3σ Method. According to the conclusions, should control the house price rising rate in first-tier cities within [-10.84%, 10.56%], and that in second-tier cities within [-5.13%, 15.99%]. The conclusions can provide a theoretical support for the stipulation of real estate regulation policies and the evaluation of the effects of real estate regulation policies.
Keywords
macroeconomics; pricing; 3σ method; house price regulation; housing price rise rate; macroeconomic regulation; national economy; real estate industry; real estate regulation policies; Cities and towns; Economic indicators; Fluctuations; Gaussian distribution; Government; Indexes; house price; normal range; real estate; regulation;
fLanguage
English
Publisher
ieee
Conference_Titel
Uncertainty Reasoning and Knowledge Engineering (URKE), 2011 International Conference on
Conference_Location
Bali
Print_ISBN
978-1-4244-9985-4
Electronic_ISBN
978-1-4244-9984-7
Type
conf
DOI
10.1109/URKE.2011.6007869
Filename
6007869
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