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Discussion On The "Eight New Rules Of House Price Controlling" With High House

Posted on:2012-04-02Degree:MasterType:Thesis
Country:ChinaCandidate:W XiaoFull Text:PDF
GTID:2246330395964532Subject:Law
Abstract/Summary:PDF Full Text Request
With the development of Chinese economy, the house prices are raising all the way, especially some major cities. Most families can not afford the house which calls for several million per square meter. As the increasing house prices of inland provincial capital cities and some second and third tier cities, buying a house becomes a big problem of most Chinese families. In order to control the real estate market, the State Council issued a Notice on Appropriately Controlling the Overspeed of Increase of House Price of Some Cities,"Eight Rules of House Price Controlling" for short, in2010. To consolidate and expand the control results, and gradually solve the housing problems of urban residents continue to effectively curb speculative investment, and promote stable and healthy development of the real estate market, January26,2011, the State Council identified the relevant policy measures, referred to as "Eight New Rules of House Price Controlling". The influence for the real estate market and customers of this policy is worth discussing. The major reasons of our country’s are the imbalance between supply and demand, real estate speculation, low deposit interest rates, serious land idle problem and land auction system which cannot meet the conditions etc.Not only China but also most developed countries have suffered the problem that the price of house is too high. But how do these developed countries deal with the problem? In this paper, it takes several typical countries as examples. Actually, we can learn much from them. China, as a communist country, always compares with Russia in all sides, the ever strongest communist country in the world. Russia has taken the rigorous and severe administrative measures to control the house price:building a large number of affordable housing, increasing the domestic demand and severely punishing corruption and monopoly. French, as a developed country, has faced the problem of house price over increasing too. She has taken the special "low-rents houses" policy and tax policies to control the house price. Furthermore, because the government controls the supply of houses and supervises the market of real estate to curb speculations, Singapore has avoided sufferings from house price overheating,even though she has little land while relatively large population. However, because of the laissez-faire policy which lets the abnormal high house price go unchecked, there was a huge bubble in Japan’s-real estate market and after the bubble breaking, the economy of Japan fell into a long-term decline, which we should pay attention to.By studying the housing policy of several typical countries, we can find that the world-wide and efficient Real Estate Policy for adjustment is the complete housing security policy and the rigid government macro-control. Can "Eight Rules of House Price Controlling" help us achieve the purpose or not, and how we understand "Eight Rules of House Price Controlling" are the key points of the study. I hope that the trend of real estate in the future is being understood by this study.
Keywords/Search Tags:high house prices, international comparison of real estate policies, eightnew rules of house price controlling
PDF Full Text Request
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