Analysis of the current price of the real estate based on game theory

After analyzing the rising price of commercial house and the confused information of real estate market, the author draws a conclusion that there were little bubbles forming in the industry of real estate. Then the article points out that the price of real estate keeps soaring because we did not establish the Nash Equilibrium under the current policies. According to game theory, the author analyses the games between the related parties from four aspects, such as government & developer, developer & buyer, developer & developer, and buyer & buyer. Based on the above analysis, the ' author gives the best strategies how to maximum the benefits for different parties. In the end, after establishing Nash Equilibrium under different circumstances, the author also gives the main advices of macro adjustments and controls to squeeze the bubbles in the market.