Government Intervention In The Development Of The Real Estate Market In Small And Medium-sized Cities In The Study

The real estate industry is a major event in people's livelihood. It is not only an important source of national capital accumulation and leading of other related industries, but also one of the industries which easily to bring about economic bubble. So the development of real estate market has a significant impact on China's economic growth. On this premise, the real estate regulation has become one of the mainly government's macroeconomic control. Since the beginning of this year, the Property Developers has highly enthusiasm towards the small and medium-sized cities, where real estate markets are facing the great opportunities for development. To strengthen economic restructuring, steady urbanization and relax "hukou" restrictions in small and medium-sized cities become China's long-term development policy.Under such condition, real estate market is still not complete, huge capital influx swarms into the real estate market in small and medium-sized cities, meanwhile, the crisis is breeding. On the other hand, central regulation of real estate is focusing on big cities, but neglecting small and medium-sized ones. As less systematically discussion within academic circle, this article attempts to illustrate the potential crisis of the real estate market of small and medium-sized cities by market analysis and argument, and tries to propose the tentative policy under the analysis of policies and measures implementation effect. To guarantee a healthy real estate market development in small and medium-sized cities has become an urgent requirement to Chinese government and real estate industry.In this context, the central government has launched a wide-scale macro-control policy in real estate industry. To some extent, these policies also have certain effect, but potential problems have not yet fully resolved. Thus, research on the macro-control policies for the real estate industry in small and medium-sized cities still has great theoretical and realistic significance.