Evolution Games and the Real Estate Market

Based on the dynamic evolution of game and the limited rationality, the question that why the policy for the game of central real estate and a real estate developers was no work was explored. Based on this discovery, it finds that the abolition of unreasonable fees and the introduction of a unified property tax cannot adjust to the price. The only key is to contain the transferring to the consumers, which makes housing prices return to normal levels. Finally, the suggestion that using lower price to release more funds for the expansion of domestic demand and restricting the sources of speculators' funding are gave to government to regulate and control real estate effectively.