Market and Policy Paper:

Government Intervention and the Performance of the Housing Sector in Urban China

Author: Hongyu Liu

Start Page: 127
End Page: 149
Volume: 1
Issue Number: 1
Year: 1998
Publication: International Real Estate Review

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.

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