在决定我国住房需求的众多因素中，当前最具影响力的因素是居民的收入水平，以及真实利率水平。然而，我国的银行利率下调只是在名义层面，真实利率并未随着名义利率同步下降；而现阶段的收入现状，无论在绝对收入水平，还是在相对收入差距上，都不利于刺激住房需求。因此，培育我国的住房需求，从短期上看应借助于调低真实利率的手段，而在长期则应兼顾公平原则，重在培育大众对于住房的需求 Among the many factors that determine the demand for housing in our country, the most influential factor at present is the income level of residents and the real interest rate. However, China’s bank interest rate cut only at the nominal level, real interest rates did not fall with the nominal interest rate simultaneously; and the current state of income, both in absolute income levels, or relative income gap, are not conducive to stimulate housing demand. Therefore, nurturing China’s housing demand should, in the short term, be based on the means of lowering the real interest rate. In the long run, we should give consideration to the principle of equity and focus on nurturing public demand for housing