本文采用容许结构性转变的单位根检验以及协整检验研究方法,针对我国28个省份研究住房价格泡沫情况。实证结果显示,我国及15个省市的住宅价格存在泡沫,其中上海等9个省份发生泡沫的原因是住宅价格不平稳,北京等6个省份则是住宅价格与收入均不平稳,天津等4个省市还存在支付能力问题。研究还发现,多数发生泡沫的省份彼此相邻。本文最后提出调控房价不同省份要实施区别性政策,才能取得实效。 This paper adopts the unit root test and co-integration test that allow structural transformation, and studies the housing price bubble in 28 provinces in China. Empirical results show that there are bubbles in housing prices in China and 15 provinces and municipalities. Bubbles in 9 provinces such as Shanghai are not stable due to housing prices. Prices in 6 provinces such as Beijing are not stable and housing prices and income are not stable. Tianjin 4 There are still provinces and cities ability to pay. The study also found that most of the provinces where bubbles occur are adjacent to each other. In the end, this paper puts forward that it is necessary to implement differential policies in different provinces to regulate and control housing prices in order to achieve tangible results.