| Budget Amount *help |
¥2,990,000 (Direct Cost: ¥2,300,000、Indirect Cost: ¥690,000)
Fiscal Year 2016: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2015: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2014: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
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| Outline of Final Research Achievements |
In China, housing markets differ from city to city.In coastal big cities, such as Beijing, Shanghai, Guangzhou and Shenzhen, housing prices have been risen sharply with a massive influx of population, while a lot of houses have been unsold in inland small cities.Therefore, claims that disparity between urban and rural areas has been reduced in the recent urbanization of China is too simple,but, in fact, the imbalance between coastal and inland cities remains notable, or even becomes larger.
In spite of the continuous and sharp rise of housing prices, the scale of housing markets has expanded in the big cities: the amount of transaction has grown both in market for new constructed housing and in one for secondhand housing. The active market for secondhand plays important role to sustain the growing housing market because it keeps prices and liquidity of housing for resales and makes purchasing houses easier and safer.
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