Research And Suggestions On Real Estate Regulation Policies In Hefei

With the fulfillment of housing reform, the real estate industry has witnessed newopportunity of development. As people’s income level rises high, the housing need isalso increasing. The real estate industry is gradually becoming the pillar industry innational economy, and thus forcing the enhancement of it.Meanwhile, some problems, like booming housing price, speculation and industrybubbles come out. In recent years, our government has been enforcing the control ofreal estate market, and various policies frequently have come into being. However, theeffect is not satisfactory, because they are effective in the short run but will reappearsoon.This paper takes the city of Hefei as an example and bases the relevant analysis onit. As the capital of Anhui province, Hefei is the economic, political and cultural centerof it, and the real estate industry in Hefei has been developing rapidly. However, since2008, because of the influences of the subprime crisis in the USA, our government hastaken a series of measures to stimulate economic growth. Accommodative monetarypolicy leads to the condition that a large amount of fund was poured into the real estatemarket, which contributes to the appearance of the invested purchase. As a result, thehousing price went up at a high speed. At the beginning of2010, a new round ofmacro-control polices was developed and different kinds of controlling methods emergein an endless stream.This paper briefly analyses the current situation and qualitatively analyses theeffects of controlling polices from the fields of land, monetary, finance andadministration. It also applies data to quantitatively analyze the influences of certainfactors on the real estate markets, and puts forward some improving suggestions,combining the real estate controlling policies in developed countries.