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A Study on the Monopoly Power of China's Real Estate Market
- Source :
- 2010 3rd International Conference on Information Management, Innovation Management and Industrial Engineering.
- Publication Year :
- 2010
- Publisher :
- IEEE, 2010.
-
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.
Details
- Database :
- OpenAIRE
- Journal :
- 2010 3rd International Conference on Information Management, Innovation Management and Industrial Engineering
- Accession number :
- edsair.doi...........1a8d16d988eb861c8b957905bfddaabf