Phenomenon, Background, and Policy——The Direction of China's Real Estate Market Reform

• 来源期刊: 中国财政与经济研究（英文版）
• 关键词: Real estate Urbanization Developing mode Housing industry
• 年，卷（期）: 2013,（3）
• 页码范围: 114-128
• 页数: 15页
• 语种: 英文

摘要

Since market-oriented reforms to the real estate market began in 1998,China's real estate prices have been on a continuous rise.Despite several rounds of regulatory controls,the upward trend has remained unchanged Now,stable housing prices have become a top priority for the national economy and people's livelihood In the context of rapid urbanization and the transformation of China's development model,this article analyzes the imbalance in the supply structure of China's real estate market and proposes,under the principles of efficiency and fairness,shifting the focus of real estate controls from housing prices to system construction,remolding real estate policies to be guided by considerations of people's livelihood,and form a long-acting mechanism that meets the living and investment requirements of citizens through multiple channels and multiple means.Prices will naturally stabilize.