The Reasons And Corresponding Countermeasures Study For The Recurrent Fluctuation Of China's Real Estate Market Since 2009

In response to the impact of the global financial crisis triggered by the U.S.sub-prime crisis in 2008,our government took a series of financial and financial support policies to stabilize economic growth.These policies support the development of the real estate market on the one hand,and on the other hand,the real estate market fluctuates greatly in the short term.In order to promote the stable development of China's real estate market,the government has adopted a series of real estate control policies.Since the policy has changed frequently,leading to unstable market expectations,China's real estate market has experienced repeated and violent fluctuations since 2009.It is of great theoretical and practical significance to study the causes of the fluctuation of the real estate market since 2009 and explore the countermeasures to promote the stable development of the real estate market.This paper takes the real estate market as the main research object since 2009.The article expounds the influence of economic cycle on the fluctuation of real estate market and government regulation on the fluctuation of real estate market,volatility mechanism of the real estate market,and real estate market supply,housing prices,real estate investment,national housing sentiment index fluctuation in China since 2009 are analyzed,and the characteristics of the real estate market fluctuation are explained:the repeat-ability and the regional difference.This paper analyzes the causes of the fluctuation of China's real estate market since 2009 from two aspects:policy regulation and market mechanism.The reasons for policy regulation include monetary policy,fiscal and taxation policy,land policy,safeguard policy and administrative intervention policy.The reasons for the market mechanism are:supply and demand,inflation,speculation and other markets.At last,the paper puts forward the policy suggestions to promote the stable development of China's real estate market from the perspective of perfecting the real estate policy and optimizing the market mechanism.Perfecting real estate policy advice mainly includes:according to the actual situation in different cities to implement different control policies,improve land supply policy,improve the real estate credit policy,perfect real estate tax policy,perfect the administrative intervention,and further perfect the public rental housing policy for the urban low-income family housing guarantee,etc;Policy suggestions on optimizing market mechanism mainly includes:follow the national real estate construction land supply policy to supply land strictly,follow the national housing policy for the development of real estate project strictly,optimize the structure of the real estate market supply and guide residents reasonable housing demand,curb real estate investment and speculative demand,guide residents to meet the demand of housing according to their income level,inhibit excessive pursuit of irrational housing consumption,such as large family size,large family size and luxury houses,promote the reform of "renting and purchasing power",which will guide the low-income residents to implement the accommodation.