Housing System Reform Based on Housing Properties

Abstract

Currently, various problems including excessive housing price, overburdened housing and serious speculation occur in the housing market of China, which are rooted in the commercial and market properties of housing that have been emphasized by the reform of housing system for many years, while this ignores the necessity, durability, high value, maintenance and appreciation of value, and other properties of housing. By means of analysis on different properties of housing, the thesis concludes that as housing has commercial property, the market-oriented reform of housing in China is correct, which must be carried on in the future. However, the reform of housing system shall also integrate other properties, so as to carry out it by enhancing the construction of housing security system, controlling the housing price, improving the supply structure of housing, restraining the investment demand of real estate, and encouraging graded expenditure in housing.