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International Conference on Information, Electronic and Computer Science (ICIECS 2010 E-BOOK)

Zibo,China,11.26-11.28,2010

ISBN: 978-1-935068-42-6 Scientific Research Publishing, USA

E-Book 2224pp Pub. Date: November 2010

Category: Computer Science & Communications

Price: $360

Title: Economic Explanation of Commercial Real Estate’ High Vacancy Rates
Source: International Conference on Information, Electronic and Computer Science (ICIECS 2010 E-BOOK) (pp 1823-1826)
Author(s): Xaorong Xue, Xi’an University of Finance and Economics, Xi’an, China
Hongyan Bian, Xi’an University of Architecture and Technology, Shanxi Xi’an, China
Abstract: In recent years, China's commercial real estate development has been rapid development. However, following the rapid growth, commercial real estate have emerged more or less problems because of the lack of government management. Firstly, this paper introduces the concept of commercial real estate and the Present situation of the high vacancy rate of commercial real estate in the real estate market. Then, the paper analyzes the reasons for producing high vacancy rate. And utilizing the economics’ point, the paper provides the reason of generating Commercial real estate’ high vacancy rates. Finally it provides countermeasures and suggestions to control this situation
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