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Research And Analysis Of The Current Real Eseate Regulation Policy

Posted on:2014-02-02Degree:MasterType:Thesis
Country:ChinaCandidate:H Y ZhuFull Text:PDF
GTID:2249330395498401Subject:Western economics
Abstract/Summary:PDF Full Text Request
As a pillar industry of national economy,the real estate industry not only promotes the growth ofthe national economy, but also plays an irreplaceable role related to the lives of ordinarypeople.Once the real estate market collapse, the foundation of national economy and daily life ofresidents would be shaked,.Therefore, research on the regulation of the real estate market has veryrealistic significence. This thesis starts from the basic knowledge of the real estate market, thenaccount the importance of the real estate market and the existing problems.After that it illustratesthe necessity of the regulation, then reviews some control policy over the years.The thesis analysiswhy the policy fail by using the rational expectation theory. Finally, it gives a comment on currentregulation together with the regulation experience of foreign countries.This thesis considers a main reason which make the policy of current real estate fail is that thegovernment’s position is not strong enough, rocking back and forth between the people’s livelihoodand growth of economic.So it leads the dynamic inconsistency of policy, then rational people formthe idea that housing price would not fall. In order to solve the problem of real estate market, thegovernment must make the purpose of regulation clear, and implement the macro-control policyresolutely.At the same time we should solve the two problems of excess liquidity and land finance,then increase land supply and indemnificatory housing according to the real conditions of market.
Keywords/Search Tags:Real eseate market, Rational Expectation, Excess liquidity, indemnificatory housing
PDF Full Text Request
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