The 26th issue of Policy Briefing, NADS: How to Build a Long-term Mechanism for Real Estate Market?

Recently, the Central Economic Work Conference pointed that China should complete the long-term mechanism for the promotion of a steady and healthy real estate market. In order to respond to the guideline, NADS held the establishment ceremony of the Center for Research on City and Real Estate on November 14th, which was also the City and Real Estate Forum under the topic of “Building a Long-term Mechanism for Real Estate in China”. In attendance were government officials, scholars, and experts who have provided insights on the experience, existing problems, risks and suggestion for China’s real estate market. Qiu Baoxing, former vice minister of the Ministry of Housing, stressed that the key to establishing a long-term mechanism for real estate is to promote the tenacity of the system as well as the motivation. Professor Ye Yumin at RUC pointed that the housing-supply problem faced by floating population in big cities should be solved by the market. Professor Tao Ran at RUC added that breaking government monopoly on land could essentially resolve the real estate problem. Yang Xianling, director of Lianjia Research Institute, analyzed the trend of the home rental market after the 19th CPC National Congress. In the end, experts analyzed the reform of future real estate market and its possible effects from different perspectives.

The 24th issue of Policy Briefing, NADS:...