| In recent years, the price of Chinese housing commodity is temperature-elevating overall, the superheat phenomenon presented in some areas, and the market appeared some questions involve the industrial healthy development, they are: the investment grows excessively quickly, the supplies structure was unreasonable, the increase scope of house price oversized, the vacant area increased unceasingly and so on. Meanwhile,The Chinese real estate market has also experienced all sorts of policies just like the roller coaster. First is the deadline of land on 8?31, and what came after were"The eight policies about the limitation of real estate"and"the opinion"issued by the seven ministries and commissions, as well as the continual readjustment on bank loan interest rate, then is the"six policies about the limitation of real estate'announced in 2006", and so on. Is the macroeconomic regulation and control effect on Chinese real estate market really realized as anticipated under the policy baptism? Certainly, to realize a health, stable and order development in the Chinese real estate market, it needs a process. But looked on at present, although the increased range of house price has recedes under the policy high pressure, the rising tendency is still not reduced, the speculative house-buying increases steadily, the supply of indemnificatory housing and land is vacancy, the supplies structure contradictory is still prominent, and most inhabitants still faced house-purchasing difficulty. Obviously, the high-speed growth of Chinese various municipal housing price could not be explained well just by economical fundamental plane and the short of demand, the history data analysis also demonstrated that the housing price has already enormously deviated the long-term equilibrium value, Chinese housing market has been at the condition that the market malfunction and the price expire at quite a degree.The industrial control and the price regulations are the intervention behavior based on the market malfunction under government, which are the market economy auxiliary function, for the purpose of making the market return the normal and rational movement track. The quality of our country's real estate market development is very important for the common people to enjoy a good and prosperous life , but in recent years the housing market development is neither suitable for"living in contentment"nor suitable for"being content with one's occupation", this ,to certain extent, is related to the value orientation of local authority's on land supplies and the housing market's monopolized supplies. Presently, the government meet different views coming from the theorists and the practice department's on whether to regulate housing market, supposing that the price control or the regulations belong to the planned economy not the market economy, and we should not intervene the product supplies and the fixed price behavior of the developer. This idea ,under the group's special interest of the housing market strengthening, has formed the market control strength, causing certain negative influence on formulation and implementation of the government industry regulations policy. Without unified views, the housing market regulations policy of government does not arrive, or some feasible industrial regulations measure has also far not achieved the anticipated effect, even causes the policy to the expiration and"the regulations malfunction"condition. Therefore, we have the necessity to comb systematically and theoretically the phenomenon and the origin of the real estate market malfunction, inquire into the housing industry microscopic regulations mechanism, which can enrich the housing industry economical regulations theory, provide the solid rationale and the feasibility suggestion for the government to carry on the economical regulations of the housing price , favor the adjustment of our country's housing industry regulations policy, improve industry supervising and managing method and the management way, and change the former condition"no matter chaotic, dies".This article explores the following several aspects for innovation.(1) Taking the theories and methods of Regulation Economics and Industrial Organization as our instruction, we study the government regulation mechanism of China's housing market comprehensively and systematically. Combining with the new characteristics of price formation and game, we analyze some problems thoroughly,such as present situation, reason, monopoly structure ,information unsymmetry and land supply under China's price regulation of housing market, and so on. In this foundation, we design the frame of government regulations and price regulation models of various kinds of housing. The research makes efforts to be close to the reality of China's housing market, and the empirical analysis is even more realistic.(2) The article simulates the economy reality of China's housing market by using game model, constructs game models for price separately between central and local government, government and enterprise, different enterprises as well as enterprise and consumers, analyzes their equilibrium, and seeks the formation mechanism of housing price and the validity of government policy about price regulations with a new angle of view.(3) We design the relatively independent frame of economic regulations about China's housing market for the first time,and the frame of govenment economic regulations basing on the market economy system between transition period from some aspects, such as legislation for regulation, surveillance system of regulation, regulation fund and so on.(4) We construct dual regulation model of commodity housing price and prompting competitive bidding pattern of price-limited house in dual price for the first time.We also restructure the price regulation model of indemnificatory housing.In this paper, the main viewpoint and conclusions is:(1)From the overall situation of the entire political and economic society, Central government should restrict the interests of local government on the unlimited expansion of the land market, and take game balanced supply of premium regulation modular approach to achieve stable development of the land-value.(2)The monopoly structure of housing market and the difference of product cause the market to appear to be weak price-competitive . The policy to reduce the price by making supplies bigger than demands is invalid,which only can bring more vacant area and lower entersrate, and hide the danger of the supply surplus for the market.(3)The asymmetric information of residential market leads to highly price risen preference in market parties involved and non-rational balanced market. In order to create a healthy sequential equilibrium market, government should intensify the fight against the use of information resources for guilty of"profiteering". (4)Considering the out of status in residential market, it is necessary for government to build housing industry economic regulation law and organizational structure, to practice the dual price economic regulation system in the residential market to focus on long-term regulation mechanisms.(5)By legislation and system design, government must build housing supply classification system for low and middle revenue oriented people, to solve the problem of structural imbalances in the supply of domestic markets. (6)Government should build the two-stage bidding economic regulation system based on biding for the right to develop the concession, and explore various forms of housing price, house security prices and rates of economic regulation in order to ensure the quality of residential construction.Due to the problems involved more papers and my knowledge, inevitably flawed, pending further study and improvement.
|
PDF Full Text Request