(I) market expectation is the main policy source<br>As mentioned earlier, in the long run or ideally, as the primary<br>One of the "raw materials", the price relationship between land and housing is stable,<br>With the increase of housing value, the proportion of land cost is gradually increasing, and the growth rate is increasing<br>Slowly, the proportion curve is in the form of logarithmic function. But in the short term or not ideal<br>In reality, the rise and fall of house price, deviate from its real value, will affect the land price;<br>Similarly, the rise and fall of land prices as "raw materials" will also affect<br>Price as a "product".<br>
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