Impact of Real Estate Market on China's Economy

Yue Dong

Bachelor's thesis

Abstract:

Abstract Since the beginning of 2015, China's housing prices have been rising rapidly. The question is whether economic fundamentals support this. China’s booming housing market itself does not directly attract people’s attention, but when the housing boom (locally) turns into a bubble, once the elastic limit is reached, the bubble will become a problem, and the bubble has some of the common characteristics. The real estate bubble is a continuous deviation of the real estate prices from their basic values. It is an economic phenomenon that has a serious impact on individuals, society, and macroeconomic operations. There are many reasons for the formation and development of the real estate bubble. After decades of rapid growth, Japan experienced an economic crisis in the early 1990s, and it has not yet emerged from the its shadow This article will further discuss the real estate bubble and comparison of risk prevention and control in China on the basis of summarizing the generation and the bursting of the Japanese economic bubble.

Keywords

China economic, real estate bubble, structure

Language used: English

Date on which the thesis was submitted / produced: 15. 3. 2021

Thesis defence

• Supervisor: doc. Ing. Karel Tomšík, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme / field:
Economics and Management / Economics and Management