Liquidity inflow fuelled speculative demand.
资金流入刺激投机性需求。
Based on the demand - supply theory, the paper explains the effect of speculative demand on housing price and the formation mechanism of price bubbles.
本文利用住宅市场的供求关系理论，解释了投机需求对住宅市场价格的影响以及价格泡沫的形成机制。
Based on the demand - supply theory, the paper explains the effect of speculative demand on housing price and the formation mechanism of price bubbles.
本文利用住宅市场的供求关系理论，解释了投机需求对住宅市场价格的影响以及价格泡沫的形成机制。
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