Study On The Influence Of Land Control Policy On Commercial Housing Price

The real estate industry has become a mainstay of the economy after some-year rapid development. At the same time, some problems are emerging such as overheated investment, the quickly rising housing prices, and the unreasonable structure of housing supply and the disorder of the real estate industry since 2002. To stabilize the housing prices and promote the healthy development of the real estate industry, the government has adopted a series of land, financial and monetary policies. Financial and monetary policies are two traditional macroeconomic control measures. However, the land control policy has gradually become one of the macroeconomic control measures, especially producing great effects on the real estate industry, since 2002.This thesis addresses the relationships between land supply and housing prices and tried to find the mechanism how land policies affect housing prices and check out the effects of the land control policies to help the government of Beijing to better the land control system by providing theory and data support. The main contents of the paper are as follows.Chapter one introduces the use situation of land control policies in foreign countries. Chapter two brings forward the land classification used in this paper and reviews all the important land control policies since 2002 in China. Chapter three obtains the comprehensive mechanism between land control policies and the housing prices through qualitative analyses, figuring that the key point of the land control policies lies on the amounts and structure of supply. Chapter four carries out empirical analyses with statistics collected from Beijing since 2002 to check out the mechanism of the land control policies and finds out the common problems of layout and the idle land in the implement of land control policies. Chapter five puts forward some suggestions on land control policies for the government.