The Research On China's "new Deal " For Real Estate Market And Its Impact

The Research on China's"New Deal"for Real Estate Market and Its ImpactThe real estate industry,which is a very important industry sector in the national economic system, not only directly affects the national economy, but also has a huge impact in finance, manufacturing and other departments. Therefore, it is essential for a state to strengthen the guide and control of real estate industry effectively. Otherwise, in case that the real estate industry causes a bubble and burst it, the entire economy will be influenced in disorder. Throughout the history of real estate development, even though it possesses a long history, the real link with the modern market economy is much later twistingly. In China there is no industry such as real estate that is influenced so huge by the national economic,social environment and policy.China's housing prices have shown the upward trend gradually since 2003, rise very fast as time going by and are even out of the market value seriously. So it produces many negative impacts, such as the increasing risks of bank, prevailing market speculation, security for the basic housing needs, inefficient usage of land, and so on., all of which have seriously as a threat to the real estate market or the stability of the entire national economy .Under the conditions of the past unsatisfactory macroeconomic policies in housing, it is essential to launch the "New Deal" effectively by strengthen the real estate market reform. This paper works to the theoretical basis of the real estate macro control fully, and at the same time links the China's actual conditions with the real estate macro controls policies closely. These have academic content and real sense for formulation, implementation and evaluation standard of real estate macro-control policy and explore the future direction of the real estate market's regulation, principles, methods and policy orientation as aim to achieve the prosperity of the healthy development for the real estate market. The paper is divided into six chapters: The first chapter illustrates an introduction. Firstly, it makes the purpose and significance of the topic clearly. Secondly, the achievements of Chinese and foreign scholars'research on real estate regulation policy are described in a literature review. Then it illustrates the research content of thinking, innovation and deficiencies.The second chapter introduces the theoretical basis of the real estate market macro-control. At first, it explains the connotation and characteristics of real estate and real estate market, as well as points out that the effect on real estate industry cannot be ignored in the national economy. In the next place, it insists on that the analysis on real estate market theory of macroeconomic regulation and control policies based on clear market regulation, and then establish the perfect, orderly, complete system.The third chapter explains the contents and effect of real estate's"New Deal". It describes the basis of the"New Deal"and the complexity of the background and summaries this policy's own characteristics by comparing with the real estate macro control policies in the past. Then the content of the current round of"New Deal"real estate is represented in detail. Finally, there is an in-depth discussion on the basis of the contents of the"New Deal"'s impact.The fourth chapter introduces the lack of"New Deal"and the experience of International real estate. First of all, there are five areas pointed out including the limitations inherent in the regulation, the effect of the limitations etc. Secondly, from the rest of the world on the real estate market regulation policy it comes to useful international experience and enlightenment.The fifth chapter explains the suggestions on how to promote the healthy development of China's real estate market. This chapter puts forward the healthy development of countermeasures for China's real estate market by means of the problems of the real estate market,lack of the"New Deal"and foreign experience.The sixth chapter is the conclusion. The real estate market"New Deal"is summarized in it where the inadequacies existed and the future direction of further research are pointed out.However, because of the author 's limited academic level and there are some difficulties in data collection, extraction, induction and so on, this paper is not perfect in its depth and completeness on the conclusions. Further research in this field is still in need.