上海市房地产泡沫问题近年来一直是各界关注的焦点。通过房价增长率与GDP增长率之比、个人住房贷款增长率、房价收入比等指标对上海市房地产泡沫存在进行实证检测;然后利用收益还原法对泡沫程度进行测算,并得出一些有意义的结论。 The real estate bubble in Shanghai has been the focus of attention in recent years. Through the ratio of house price growth rate and GDP growth rate, personal housing loan growth rate, house price income ratio and other indicators of real estate bubble in Shanghai to test the existence of real estate bubble; then use the income reduction method to measure the degree of foam, and come to some meaningful in conclusion.