Research on Governance of Real Estate Bubble from the Perspective of National Economic Security
It is well known that the real estate industry has played a vital role in the growth of national economy. As a capital-intensive industry, the real estate industry is correlated with the national economic security. As a pillar industry of our national economy, the real estate industry of China is closely connected with other industries and the living conditions of our people with its high industrial correlation and strong driving force. Therefore, the development situation of the real estate will relate the stable development of our whole national economy and our national economic security. In contrast, the real estate, as a cyclical consumer goods, is also characterized with violent fluctuation and much uncertainty inherently. Therefore, the government, through macroeconomic control policy, has stabilized and retarded the adverse effect from periodic fluctuations of the real estate in order to prevent its excessive fluctuation of supply-and-demand relationship. In one word, our government will promote the rapid development of Chinese economy through promoting the healthy and stable development of the real estate market. However, with the rapid development of real estate, the real estate hot has aroused wide concern from all sectors of society about the real estate bubble. The possible excessive growth and weakening support from practical economic foundation will lead to the real estate bubble, which will threaten the financial system security and then will extremely endanger the security of our whole national economy. Therefore, this paper will study the real estate bubble extensively, pay close attention to the relationship between real estate market bubble and national economic security, and estimate the real estate bubble in China so as to put forward the countermeasures about the real estate market bubble, which is very valuable and significant.
real estatebubblenational economic securityeconomic correlation