Problems and Countermeasures of Real Estate De-Stocking under the New Normal

Abstract

In 2016, the dissolve of the stocks has listed as one of the five tasks of China’s economy and how effectively de-stocking the real estate also becomes a problem of widespread concern under the new normal. This paper first shows current status of real estate stocks and the effects of such the unwanted inventory to the real estate industry and our economy which indicate the urgency of reducing the inventory. At the same time, put forward the difficulties that the government may face in the course of urbanizing the rural migrant workers in order to realize the reduction of real estate stocks and decided to reduce the price of the main body of real estate enterprises as well as the differentiation of inventory structure indicated through a large amount of data. Then put forward the measures about promoting the household registration system and housing system reform that will make the urbanization of rural migrant workers produce good effects to the real estate de-stocking. By the way of response to the national policy of reform the supply side to promote the adjustment of real estate industrial structures and at the same time promote the reform of property tax in the first-tier cities and conduct elaborate managements in the three or four line cities to increase the attraction of migrant rural workers which may truly achieve the purpose of reducing the real estate stocks.