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China Housing Policy

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Submitted By yeroba
Words 984
Pages 4
Yero Al Housseynou BA Student Id: 1111123044 December 25, 2012

Please briefly introduce the changes of the housing policy in China, and try to analyze the reason of the continuous increasing price of the house in China, and try to propose a solution to the problem. A/the changes of the housing policy in China, A series of government measures designed to cool the housing market and battle rising home prices. Changes are rapidly happening. Transactions have stalled and housing prices are failing in cities across the country. Property controls will be relaxed at the same time the word from central government officials and others is restrictions will continue firmly in place. China aims to bring home prices down to a reasonable level to ensure fairness and stability. From Stimulus to Cooling The Chinese government's efforts to control inflation of property prices they begin to pay? According to the National Bureau of Statistics (NBS), the real estate prices in China fell in July in more cities in June. Prices of existing homes fell in 22 major Chinese cities and remained stable in 12. In order to stop land speculation and the fight against inflation in housing prices in major cities, the Chinese government has implemented a number of measures. So buying a third apartment is prohibited residents of large cities. Chongqing and Shanghai have also tightened the conditions of access to credit and introduced a land tax when purchasing a second well to limit the number of transactions and the fight against the threat of a housing bubble. Authorities have adopted

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