Abstract
In recent years, every Chinese citizen's attention has been focused on the nation's housing market. The rising real estate business in China has made a great number of Chinese people wealthy; nevertheless, the high property prices have also chained the Chinese economy and produced a series of challenges as a result of this situation. This paper will conduct an analysis of the factors that led to China's real estate boom and high housing prices by conducting a literature review and data analysis. It will also offer potential solutions to the issues that have arisen as a result of high housing prices and forecast the future trend of China's housing prices in order to offer recommendations for the balanced and all-around growth of China's economy.
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