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Government Intervention and Performance of the Housing Sector in Urban China

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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.

Suggested Citation

  • Liu Hongyu, 1998. "Government Intervention and Performance of the Housing Sector in Urban China," International Real Estate Review, Asian Real Estate Society, vol. 1(1), pages 127-149.
  • Handle: RePEc:ire:issued:v:01:n:01:1998:p:127-149
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    Cited by:

    1. Liu Hongyu & Yun W. Park & Zheng Siqi, 2002. "The Interaction between Housing Investment and Economic Growth in China," International Real Estate Review, Asian Real Estate Society, vol. 5(1), pages 40-60.

    More about this item

    Keywords

    China; Housing Market; Housing Policy; Housing System Reform;

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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