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Proposal

 Essay regarding Proposal

Intro

" Home ownership” is a dream of most Chinese people, many persons even are unable to have a house through all their whole life. Excessive housing and rental price are one of the most hot topics among the individual as well as the society. That reflects not simply our various contradictions of our society, yet also the inevitable reaction to the gap of riches. High enclosure prices are most definitely able to undermine the whole world. That's why I actually plan to study the main causes of this sensation and the producing problems. Along with that I will attempt to find out various probable solutions for these problems.

Literature search

This research will attract on different approaches to the real estate in china and tiawan. As Ahuja et al. (2010) says, the current levels of house rates do not appear significantly higher than would be justified by fundamental fundamentals for the entire china. Nevertheless , there are indications of overvaluation in a few cities' mass-market and luxurious segments. In contrast to advanced financial systems before 2007-8, prices include tended to improve frequently in China. Wang B (2010) points out which the factors that drive real-estate prices are: sustained rapid growth, profits growth quicker; speed up the process of urbanization plus the structural factors of our human population; more lenient credit policies; yuan understanding expectations. In respect to Zhong L. (2010), there are 3 possible factors behind the quick growth of casing prices in china: first, the highly-educated young technology studies and works in big urban centers and includes a strong prefer to buy a residence and increase a family in these most densely populated cities. Secondly, to be able to maximize earnings, many enclosure developers try to hold as much land as they can. Additionally, the government will very little to control the housing market in order to conserve the country's excessive rate of GDP development. Wang M. (2010) declares that too speedy growth internal prices brought on a real estate bubble. Besides, the recent rapid rise in china's real estate prices continues to...

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