Study on Shenyang's Vacant Commodity Housing Based on the Non-equilibrium of Supply and Demand

Since twentieth Century, the real estate in Shenyang has achieved rapid growth, with the issue of commodity housing vacancy. Considering the difference between China's current algorithm and international algorithm, as well as the market under the non-equilibrium of supply and demand, the international standard for vacancy rate can not be directly applied to China. Firstly, the article reviews the vacancy situation of commercial housing in Shenyang, and determines the suitable range of vacancy rate for commercial and commodity housing in China by revising main differences between domestic and foreign vacancy rate. Then, the article calculates non-equilibrium degree of Shenyang's real estate market by non-equilibrium model, and evaluates the suitability of Shenyang's vacant commodity housing under the non-equilibrium of supply and demand. Finally, it proposes measures of vacant commodity housing from the perspective of the government and developers.