Shanghai Housing Purchasing Restriction Policy
Xinyu Jiang () and
Xuanyu Wang
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Xinyu Jiang: Shanghai United International School
Xuanyu Wang: Shanghai Adcote School
A chapter in Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), 2022, pp 124-131 from Springer
Abstract:
Abstract The background of this study is the rapid growth of China’s population and the increasing demand for housing. In a big city like Shanghai, buying a house has become a very difficult thing. This result is because some people increase the average price of houses in the market by malicious speculation and hoarding, to improve their interests, which also leads to many residents being unable to buy their own houses. Through the research from Chapter 2 to Chapter 4, this article can better see that the existing housing purchase restriction policy can indeed promote the purchase demand and supply in Shanghai to a more balanced position. However, this paper believes that there are still some places in Shanghai’s housing purchase restriction policy that can be improved and strengthened, such as adopting different policies for different regions of Shanghai, how to implement the purchase restriction at the same time and help the country achieve its goal (three child policy).
Keywords: Shanghai; Housing price; Restriction policy; Effect (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-052-7_15
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DOI: 10.2991/978-94-6463-052-7_15
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