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RETRACTED ARTICLE: Analysis on the Development Trend of China's Real Estate Market
- 1 Wuhan University of Technology
* Author to whom correspondence should be addressed.
Abstract
In recent years, every Chinese citizen's attention has been focused on the nation's housing market. The rising real estate business in China has made a great number of Chinese people wealthy; nevertheless, the high property prices have also chained the Chinese economy and produced a series of challenges as a result of this situation. This paper will conduct an analysis of the factors that led to China's real estate boom and high housing prices by conducting a literature review and data analysis. It will also offer potential solutions to the issues that have arisen as a result of high housing prices and forecast the future trend of China's housing prices in order to offer recommendations for the balanced and all-around growth of China's economy.
Keywords
real estate, macro-control, housing prices, China's economy
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Cite this article
Zhao,Z. (2023). RETRACTED ARTICLE: Analysis on the Development Trend of China's Real Estate Market. Advances in Economics, Management and Political Sciences,29,182-184.
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Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development
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