Title :
A Study on the Monopoly Power of China´s Real Estate Market
Author :
Xin, Ma ; Sainan, Lv
Author_Institution :
Sch. of Civil Eng., Nanjing Forestry Univ., Nanjing, China
Abstract :
An important reason for rising prices is the market monopoly, and Lerner index is an important indicator to measure the degree of market monopoly. Based on the real estate sales prices and sales data, the real estate market monopoly degree was calculated. The results show that China´s real estate market monopoly is rather serious is one of the important reasons for the failure of China´s real estate market. In order to solve the living problem and guide the healthy development of the real estate market, the government should promote competition in the real estate market.
Keywords :
economic indicators; monopoly; pricing; property market; China; Lerner index; government; real estate market monopoly degree; real estate sales prices; Learner Index; Monopoly; Real estate market;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2010 International Conference on
Conference_Location :
Kunming
Print_ISBN :
978-1-4244-8829-2
DOI :
10.1109/ICIII.2010.535