The Function Mechanism of Expected Housing Price to Rent Price Ratio: an Empirical Research Based on 35 Large and Medium Cities
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Abstract According to the model of housing user cost, the change in rentprice ratio will be closely related to interest rate and expected housing price, as well as housing policy. The authors test the changing trend and determinants of it. The result shows the ratio is negatively related to interest rate but positively related to expected housing price both in the short and long term. Thesupply of public rent should be increased in company with suppressing housing prices
HU Jia-Jun,GE Yang. The Function Mechanism of Expected Housing Price to Rent Price Ratio: an Empirical Research Based on 35 Large and Medium Cities. Economic Survey, 2011, 28(4): 051.
2011, Vol. 28 
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