Government Intervention and Performance of the Housing Sector in Urban China

Liu Hongyu ()
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Liu Hongyu: Institute of Real Estate Studies, Tsinghua University, http://www.tsinghua.edu.cn/

International Real Estate Review, 1998, vol. 1, issue 1, 127-149

Abstract: The housing system in urban China is now undergoing a process of transition. Housing policy is one of the most popular topics under public discussion. This paper gives a brief review of the recently implemented housing policies and provides some basic information about the current situation of the housing market and housing system reform in urban China. It appears that China is very successful in improving the housing conditions of urban residents. However, there are still a number of problems related to housing disposition and consumption. Based on accepted criteria, this paper makes an assessment of the performance of current housing policy, resulting in several suggestions.

Keywords: China; Housing Market; Housing Policy; Housing System Reform (search for similar items in EconPapers)
JEL-codes: L85 (search for similar items in EconPapers)
Date: 1998
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