Analysis On The Economic Effect Of Housing Security Policy

With the development of economy, the real estate market continues to heat up year by year. At the same time, because of the housing problem, more and more families bear a heavy economic burden. In 1998, the government made policy to stop housing distribution in kind, and then we gradually put the monetization of housing distribution in practice. Thus, commercial housing becomes the main method to solve the housing problem In recent years, due to the practice of over-speculation on housing, local governments increasingly rely on the land premium, as well as inflation and other reasons, the commercial housing prices rose rapidly. Status of rising house prices make the majority of residents can not afford housing in general. Accelerate the construction of affordable housing can gradually solve the structural problems of the real estate market. Along with the increase number of affordable housing, it will help to curb the excessive growth of housing prices, and improve the contradiction between supply and demand. Therefore, the importance of affordable housing has attracted more and more attention from all sectors of society. Also because of the economic is still depressed, so strengthen the construction of affordable housing can promote the development of related industries, it can have an effect to the economic as well.This article mainly discusses China’s current housing security policy, as well as the influence of the affordable housing policy. By the use of VAR models for empirical analysis, at last I make recommendations for the future development of the housing security policies.