Analysis of Real Estate Market and Regulation Policy Recommendations - Based on Game Theory and Rational Expectation Theory

DOI

10.2991/icfied-19.2019.17How to use a DOI?

Keywords

Real estate price, Game theory, Regulation policy, Rational expectation theory

Abstract

In recent years, China's real estate prices have risen rapidly, and the government has frequently introduced policies to regulate it, but real estate prices remain high. This paper analyzes the internal mechanism of the formation of high housing prices and the phenomenon of “more regulation, more growth” by using game theory and rational expectations theory. On this basis, the paper puts forward feasible suggestions for promoting the development of the real estate market and the reasonable fall of housing prices: speeding up the social housing construction; maintaining policy continuity and optimizing the investment environment in other sectors of society.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jiawen Zhang
PY  - 2019/02
DA  - 2019/02
TI  - Analysis of Real Estate Market and Regulation Policy Recommendations - Based on Game Theory and Rational Expectation Theory
BT  - Proceedings of the 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)
PB  - Atlantis Press
SP  - 94
EP  - 97
SN  - 2352-5428
UR  - https://doi.org/10.2991/icfied-19.2019.17
DO  - 10.2991/icfied-19.2019.17
ID  - Zhang2019/02
ER  -