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Shanghai Housing Purchasing Restriction Policy

In: Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

Author

Listed:
  • Xinyu Jiang

    (Shanghai United International School)

  • Xuanyu Wang

    (Shanghai Adcote School)

Abstract

The background of this study is the rapid growth of China’s population and the increasing demand for housing. In a big city like Shanghai, buying a house has become a very difficult thing. This result is because some people increase the average price of houses in the market by malicious speculation and hoarding, to improve their interests, which also leads to many residents being unable to buy their own houses. Through the research from Chapter 2 to Chapter 4, this article can better see that the existing housing purchase restriction policy can indeed promote the purchase demand and supply in Shanghai to a more balanced position. However, this paper believes that there are still some places in Shanghai’s housing purchase restriction policy that can be improved and strengthened, such as adopting different policies for different regions of Shanghai, how to implement the purchase restriction at the same time and help the country achieve its goal (three child policy).

Suggested Citation

  • Xinyu Jiang & Xuanyu Wang, 2022. "Shanghai Housing Purchasing Restriction Policy," Advances in Economics, Business and Management Research, in: Faruk Balli & Au Yong Hui Nee & Sikandar Ali Qalati (ed.), Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), pages 124-131, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-052-7_15
    DOI: 10.2991/978-94-6463-052-7_15
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