随着我国经济的不断发展,从1998年住房改革以来,房地产市场一直保持了高增速的增长态势,鉴于由于房地产泡沫所引发的1997年的东南亚经济危机和07年美国的次级贷款危机,本文从房地产泡沫形成的供给和需求两个角度以及其失衡对房地产市场的影响,初步探讨了房地产泡沫的形成机制。 With the continuous development of our economy, the real estate market has maintained a high growth rate since the housing reform in 1998. In view of the Southeast Asian economic crisis in 1997 caused by the real estate bubble and the subprime crisis in the United States in 2007, this article From the perspective of supply and demand of the formation of the real estate bubble and the impact of the imbalance on the real estate market, the formation mechanism of the real estate bubble is tentatively discussed.