{"id":11164,"date":"2022-05-05T10:00:57","date_gmt":"2022-05-05T02:00:57","guid":{"rendered":"https:\/\/www.bschool.cuhk.edu.hk\/chi\/?p=11164"},"modified":"2026-09-17T19:53:09","modified_gmt":"2026-09-17T11:53:09","slug":"sitting-on-a-gold-mine-do-people-spend-more-when-home-prices-rise","status":"publish","type":"post","link":"https:\/\/www.bschool.cuhk.edu.hk\/chi\/sitting-on-a-gold-mine-do-people-spend-more-when-home-prices-rise\/","title":{"rendered":"\u5750\u64c1\u91d1\u7926\uff1a\u623f\u50f9\u4e0a\u6f32\u6642\uff0c\u4eba\u5011\u6703\u589e\u52a0\u6d88\u8cbb\u55ce\uff1f"},"content":{"rendered":"<p>\u5728\u4e2d\u570b\uff0c\u623f\u5730\u7522\u662f\u5404\u8cc7\u7522\u985e\u5225\u4e2d\u7684\u738b\u8005\u3002\u8fd1\u6578\u5341\u5e74\u4f86\uff0c\u5167\u5730\u6a13\u5e02\u8655\u65bc\u4e00\u6bb5\u6301\u4e45\u4e14\u524d\u6240\u672a\u898b\u7684\u7e41\u69ae\u671f\uff0c\u5e36\u52d5\u8ca1\u5bcc\u9a5a\u4eba\u7684\u589e\u9577\uff0c\u9020\u5c31\u623f\u5730\u7522\u7121\u51fa\u5176\u53f3\u7684\u5730\u4f4d\u3002\u5c0d\u8a31\u591a\u4e2d\u570b\u4eba\u800c\u8a00\uff0c\u64c1\u6709\u7269\u696d\u4e0d\u55ae\u55ae\u662f\u4e00\u7a2e\u8eab\u4efd\u8c61\u5fb5\uff0c\u66f4\u662f\u4e00\u7a2e\u57fa\u672c\u751f\u6d3b\u689d\u4ef6\uff0c\u4e2d\u570b\u5927\u9678\u7684\u81ea\u7f6e\u5c45\u6240\u6bd4\u7387\u7d04\u70ba90%\uff0c\u5c6c\u5168\u7403\u6700\u9ad8\u4e4b\u5217\u3002\u9019\u4e9b\u6b77\u53f2\u548c\u4eba\u53e3\u56e0\u7d20\u7684\u7d50\u5408\uff0c\u70ba\u4e00\u7d44\u5b78\u8005\u63d0\u4f9b\u5b8c\u7f8e\u7684\u80cc\u666f\uff0c\u4ee5\u5be9\u8996\u7269\u696d\u8ca1\u5bcc\u7684\u4e0a\u5347\u80fd\u5982\u4f55\u6539\u8b8a\u6d88\u8cbb\u8005\u884c\u70ba\u3002<\/p>\n<p>\u9999\u6e2f\u4e2d\u6587\u5927\u5b78\u5546\u5b78\u9662\u52a9\u7406\u6559\u6388<a href=\"https:\/\/www.bschool.cuhk.edu.hk\/staff\/yang-yang-zoe\/\" target=\"_blank\" rel=\"noopener\">\u694a\u63da<\/a>\uff0c\u806f\u540c\u8cd3\u5915\u6cd5\u5c3c\u4e9e\u5927\u5b78\u6559\u6388\u65b9\u6f22\u660e\uff0c\u53ca\u5fa9\u65e6\u5927\u5b78\u52a9\u7406\u6559\u6388\u738b\u9f8d\uff0c\u5728\u4ed6\u5011\u6700\u8fd1\u7684\u4e00\u7bc7\u5de5\u4f5c\u8ad6\u6587\u300a<a href=\"https:\/\/abfer.org\/media\/abfer-events-2021\/annual-conference\/papers-real-estate\/AC21P6011_Housing-Shock-and-Online-Consumption.pdf\" target=\"_blank\" rel=\"noopener\">\u4f4f\u623f\u8ca1\u5bcc\u8207\u7db2\u4e0a\u6d88\u8cbb\u884c\u70ba<\/a>\u300b\u4e2d\uff0c\u9a57\u8b49\u4e86\u8a31\u591a\u66fe\u88ab\u8003\u616e\u904e\u4f46\u672a\u6709\u5be6\u969b\u8b49\u64da\u7684\u60c5\u6cc1\uff1a\u7576\u6a13\u50f9\u4e0a\u5347\u6642\uff0c\u4eba\u5011\u7684\u6d88\u8cbb\u6703\u8b8a\u5f97\u66f4\u885d\u52d5\uff0c\u5de5\u4f5c\u7684\u52d5\u529b\u4e5f\u6703\u6e1b\u5f31\u3002<\/p>\n<p>\u4e09\u4f4d\u5b78\u8005\u7814\u7a76\u4e86\u4e2d\u570b\u653f\u5e9c\u65bc2017\u5e74\u7a81\u7136\u5ba3\u4f48\u5728\u6cb3\u5317\u7701\u8a2d\u7acb\u96c4\u5b89\u65b0\u5340\u5f8c\uff0c\u6a13\u50f9\u7684\u98c6\u5347\u53ca\u5176\u5c0d\u8a72\u5730\u5c45\u6c11\u7684\u7db2\u4e0a\u8cfc\u7269\u7fd2\u6163\u4e4b\u5f71\u97ff\uff0c\u5f97\u51fa\u4e0a\u8ff0\u7d50\u679c\u3002\u96c4\u5b89\u8ddd\u96e2\u5317\u4eac\u7d04100\u516c\u91cc\uff0c\u662f\u4e2d\u570b\u773e\u591a\u570b\u5bb6\u7d1a\u65b0\u5340\u4e4b\u4e00\u3002\u9019\u4e9b\u66fe\u7d93\u7684\u8fb2\u7530\u8b8a\u6210\u4e86\u7372\u8ce6\u4e88\u7d93\u6fdf\u7279\u6b0a\u7684\u5340\u57df\uff0c\u4ee5\u52a9\u5730\u65b9\u653f\u5e9c\u5438\u5f15\u767c\u5c55\uff0c\u4e26\u52a0\u5feb\u589e\u9577\u3002\u4e2d\u592e\u653f\u5e9c\u8a2d\u60f3\u96c4\u5b89\u80fd\u6210\u70ba\u4e0b\u4e00\u500b\u4e0a\u6d77\u6d66\u6771\u65b0\u5340\u6216\u6df1\u5733\u7d93\u6fdf\u7279\u5340\u2014 \u5169\u500b\u9a45\u52d5\u4e2d\u570bGDP\u589e\u9577\u7684\u4e3b\u8981\u5730\u5340\u3002<\/p>\n<p>\u8ad6\u6587\u6307\u51fa\uff0c\u5728\u7576\u5c40\u65bc2017\u5e744\u67081\u65e5\u767c\u4f48\u516c\u544a\u5f8c\uff0c\u96c4\u5b89\u623f\u5730\u7522\u7684\u5e73\u5747\u50f9\u683c\u548c\u79df\u91d1\u5206\u5225\u4e0a\u63da\u903e60%\u548c78%\u3002\u9130\u8fd1\u7e23\u5e02\u7684\u5e73\u5747\u6a13\u50f9\u5347\u5e45\u96d6\u7136\u76f8\u5c0d\u8f03\u7d30\uff0c\u4f46\u4ea6\u6709\u660e\u986f\u4e0a\u6f32\u3002\u64da\u300a<a href=\"https:\/\/www.nytimes.com\/2017\/04\/03\/business\/china-economic-zone-xiongan.html\" target=\"_blank\" rel=\"noopener\">\u7d10\u7d04\u6642\u5831<\/a>\u300b\u5831\u5c0e\uff0c\u6709\u95dc\u8a08\u5283\u51fa\u53f0\u5f8c\u7684\u6578\u5c0f\u6642\u5167\uff0c\u7cbe\u660e\u7684\u623f\u5730\u7522\u6295\u6a5f\u8005\u5df2\u6025\u4e0d\u53ca\u5f85\u6e67\u9032\u96c4\u5b89\u3002<\/p>\n<figure id=\"attachment_11170\" aria-describedby=\"caption-attachment-11170\" style=\"width: 1254px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-11170 size-full\" src=\"https:\/\/www.bschool.cuhk.edu.hk\/chi\/wp-content\/uploads\/home-price-1.jpeg\" alt=\"\" width=\"1254\" height=\"837\" srcset=\"https:\/\/www.bschool.cuhk.edu.hk\/chi\/wp-content\/uploads\/home-price-1.jpeg 1254w, https:\/\/www.bschool.cuhk.edu.hk\/chi\/wp-content\/uploads\/home-price-1-600x400.jpeg 600w, https:\/\/www.bschool.cuhk.edu.hk\/chi\/wp-content\/uploads\/home-price-1-1200x801.jpeg 1200w, https:\/\/www.bschool.cuhk.edu.hk\/chi\/wp-content\/uploads\/home-price-1-768x513.jpeg 768w\" sizes=\"auto, (max-width: 1254px) 100vw, 1254px\" \/><figcaption id=\"caption-attachment-11170\" 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