Study On Social Benefits Evaluation Of Public Housing Fund Policy

As a major public policy, the public housing fund system haven played a huge role in the national promotion of housing system reform, increasing of housing supply, solving the problem of residents’ housing, accelerating the development of housing finance, supported for urban residents housing guarantee in such aspects since 1994. However, with the further development of China’s housing market, the acceleration of urbanization, the contradiction for housing consumption is more prominent.As now, the housing price-income ratio of most city above 10:1 in our country, that greatly exceed the international recognized acceptable range of 5:1 to 6:1. As an important part of policy housing finance and housing guarantee system, The public housing fund policy how to location, adjustment and perform in the future development attracting more and more attention.The premise of policy cancellation, revision, reform or improvement is Conducting post evaluation for the policy implementation. At present, many scholars have been evaluated the effection of the public housing fund policy from the aspects of housing consumption, housing security, fairness and so on. The public housing fund policy of itself has multiple identities, which is the main content of policy housing finance, the part of housing guarantee system, as well as tools of the macro-control housing market. Multi target of public housing fund policy determines the evaluation must be comprehensive, from a single point analysis the role and impact inevitably biased. Therefore, comprehensive post evaluation should be conducted, measuring it’s social benefits, and then given constructive views for future policy adjustment or improvement.Firstly, through the research on the basic theory, the social benefits of the public housing fund policy was confirmed.Then constructing a social benefit evaluation index system of public housing fund policy which contains 6 first level indexes, 20 level two indexes by using the combination determining weights on maximizing deviations.To find out the key factors affecting the social benefit.Finally an empirical study of the social benefits of the public housing fund policy. By using the linear weighted comprehensive evaluation model, and the related data of Suzhou, evaluated the overall level of Suzhou public housing fund policy social benefits, get values of each index and comprehensive values, The practice shows that the application of the index system. At the same time, according to the analysis of lower values part providing reference for public housing fund policy.