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《Price:Theory & Practice》 2019-02
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Real estate price regulation should grasp the "nine factor marketization reform"

Maintaining the rationality and stability of real estate prices has always been the basic goal of the government to regulate and guide the real estate market. By comparing China's housing price change ratio, housing rent-to-sale ratio, house price-to-income ratio, and property-to-household ratio with international standards,this paper concludes that China's real estate prices have generally exceeded the reasonable levels. The relationship between land supply and demand of the land is the key to affect real estate prices, and is the main factor affecting the cost of real estate development. Therefore, this paper believes that strengthening the regulation of real estate prices must focus on the land regulation, accelerating the market-oriented reform of land elements, stabilizing the expectations of land markets, establishing benchmark land prices,publishing the system and increasing the idle cost of urban land so as to achieve a healthy and orderly development of the real estate industry.
【CateGory Index】: F299.23
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