| The reform and opening up policy has lasted for 33 years and great political system and economic system improvement happened during the past 33 years. Great changes have happened in economic system which experienced the transformation from the planned economy to the market economy system. The real estate industry became the country's most important economic backbone industry in the pasted 33 years. Though the welfare-housing distributing system was over, but the development of stagnation in the wave of market economic development caused great development in real estate industry. China's real estate market reform in government policies can be divided into two main stages of development The first stage was from 1978 to the 1998 housing system reform stage. Preliminary at this stage, housing system reform in the beginning of the pioneering of comrade Deng Xiaoping's innovating thinking of housing market in the wave of market economic development. In 1998, with the end of the welfare housing system, together with the new ways of marketing reform, a new chapter of the development of real estate market opened. From 1998 till now, the real estate industry through experienced the ups and downs of a roller-coaster market reform is in the darkness. Real estate policy formulation accumulated experience in this process for government to practice correctly in macro-regulatory. However, full of unknown market economy development brought government policy adjustment in the real estate market uncertainty, and the process of marketing development was woven with government regulation. And the real estate policy changes were very important points which Chinese economists and policy experts researched on, but in many research, more or less existed the disadvantages. This paper tries to construct a comprehensive analysis framework of the comprehensive integrity rational and institutional system analysis framework in economics, political science, psychology, and sociology history perspective in order to clear the evolution of Chinese real estate policy contexts. And this paper hopes to provide beneficial advice.This paper is based on the theory of new institutional theory to construct the rational choosing institutionalism as the core content mix the theory of historical institutionalism and social system of socialist culture and informal institutional integral theory framework. Part two of this article is mainly about the "Old institutionalism-Behaviorism-New institutionalism theory" change. And simply introduces the evolution and summarizes three theoretic genres of new institutionalism and the basic theory of the new institutionalism politics.The main research methods of this paper are history research and the case analysis method. By studying typical Chinese real-estate policy evolution to find the explanation of the evolution of Chinese real estate policies from the macro, meso and micro three levels. The fourth part of the article describes three reasons of the development of China's real estate market and mainly includes:Firstly, from the macro perspectives, the central and local governments need to formulate long term planning for the real estate market development from a macroscopic level. Secondly, from the meso perspectives, the government should seek prospective policy regulation to realize the real estate market dynamic balance of supply and demand, and at the same time, we need to promote standard unified, security powerful statutory. Eventually, the system innovation of micro level of the development of real estate market mainly include land system consummation, the housing demand phase equilibrium of system construction and real estate and banking interaction system improvement and Chinese diversified investment system establishment. |
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