A Study On Problems Of Public Rental Housing Institution

This article expounds several problems about public rental housing institution. There are three chapters in this article. Main idea of every chapter may be outlined as follow.Chapter one reviews on the United States' public housing institution and the Singapore HDB institution. By studying the public housing laws and regulations, monetary security system, financial support in U.S and the HDB supply model, housing accumulation fund system and HDB policies in Singapore, the article gives recommendations for improving the public rental housing institution in laws, financial support and monetary security system.Chapter two uses the monopoly, government control and welfare to explain the rationality of public rental housing institution. Monopolized by the seller of the housing market, the paper proposes the housing market failure in China, which introduced the need for government intervention. From the perspective of welfare economics, this article analyzes the government using taxes and subsidies to adjust the monetary income, thereby increasing the marginal utility of money to improve the total level of welfare.Chapter three focus on analysis the construction of public rental housing's funding, the definition of public rental housing's objects and the establishment of public rental housing rent. In funding, from the perspective of the Government, this paper proposes financial support, distribution bonds for construction of public rental housing, collection of housing security tax and withdrawal funds from welfare lotteries fund-raising. From the perspective of the market, this article presented the form of common property, BOT model and REITS model. Furthermore, it analyses the merits and demerits of various financing channels and their feasibility extent to propose solution for the problem of the public housing's constructing finance. In the lease object, this article compares Changzhou, Guangzhou and Chongqing's standard of the public housing leasing object for a further study and clarification the definition of public housing's leasing object. In price, this article respectively analyzes the macro and micro factors'impact on the establishment of public rental housing rent. In addition, from comparison Chongqing City, Changzhou City, Xiamen, Qingdao and Guangzhou's establishment principles of public rental housing rent, it shows calculation and allocation for public rental housing rent and provides atheoretical basis for public rental housing's further development.