In this paper, I try to grasp the inner significance of abnormally sustaining house price growth, or so-called house market bubble in Shanghai real estate industry by the tool of system dynamics which especially focuses on the systems with highly dynamic characteristics, and complicated feedback relationships involved, which is consistent with the real estate market system. The most fundamental purpose of this project is to see whether it is the speculators’ intervention that causes the problem of unsuitable high price in Shanghai house market or not and to see what kind of impacts both on the aspects of society and economic fields will be after the trend of speculation is quenched. This paper mainly divides the system into 6 parts, population and economy sector, family house demand sector, speculators’ demand sector, speculators’ profitability sector, house price sector, and house construction and sale sector to analyze how these subsystem can directly or indirectly work on the whole real estate industry in Shanghai.

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Date created

• 2005 July 17-2005 July 21

Type

• Document

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• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

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• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

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cc5bb0ac12a5b68b26b1583548898dae

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Part of

3c582e6f5cf305ef0030c7471b499022

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

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Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives