当前房地产业存在着很高利润,人们对高利润的产生原因做了许多的分析。本文从制度的层面,分析了政府对土地供给的完全垄断所带来的地租效应、对房地产市场的管制所引起的寻租效应,提出这两种效应均给房地产业带来了巨额的利润。因此,要消除房地产业高利润,需要对现有的房地产制度及管理模式进行制度变革。 At present, there is a very high profit in the real estate industry, and people have done a lot of analysis on the causes of high profits. From the system level, this article analyzes the rent-seeking effect brought by the government’s complete monopoly of land supply and the rent-seeking effect caused by the regulation of the real estate market. Both of these effects bring huge profits to the real estate industry. Therefore, to eliminate the high profits of the real estate industry, we need to make institutional changes to the existing real estate system and management mode.