【摘要】2010年中国国际经济交流中心公开表示，目前中国房价收入比已经超过14倍，北京、杭州、上海等地的房价收入比则已经超过50倍以上，泡沫现象非常严重。世界银行对房价收入比的标准规定，发展中国家合理的房价收入比一般在3至6倍之间，发达国家的房价收入比一般在1.8至5.5倍之间，但是目前中国全国房价收入比已然超过15倍，房地产价格的上涨幅度己经超过了国民经济基础，如此非理性上涨的房地产价格到底是由如何造成的?国家该如何利用法律手段调控房地产市场，国家应当如何通过借贷管制政策来调控房地产市场？本文通过阐述房地产价格及相关理论，剖析房地产非理性增长和借贷的作用原因，并借鉴国外经验，为我国房地产市场的健康运行制定借贷管制政策提供建议。

【关键词】房地产 国家调控 借贷管制政策   

【Abstract】In 2010 , China Center for International Economic Exchanges said in public that China's current price earnings ratio has more than 15 times, in Shanghai, Beijing, Guangzhou and other places, the ratios are over 50 times. Obviously, the bubble is serious. According to the World Bank standards, price earnings ratio in developed countries are generally between 1.8-5.5 times, and that of developing countries at a reasonable price earnings ratio are between 3-6 times. Currently, housing price-to-income ratio has been fifteen times than before at home. The rising range of real estate price has surpassed that of national economy. What leads to the non-rational growth in real estate price? How to use law and borrowing and lending policies to regulate real estate market? An analysis of purpose and reason of borrowing and non-rational growth in real estate is presented in this thesis based on real estate price and related theories. In addition, the thesis aims to provide advises on conducting policies on borrowing and lending with the purpose of healthy real estate market after learning the experience from other countries.

【Key words】Real estate; National regulation; Lending control policy