Abstract: After briefly depicted the major achievements of housing system reform, this paper extensively examined the major factors that determine housing demand and real estate market in the medium and long term from a wide perspective, which are also the elements that lead to short term adjustment plight. Confronting the complex situation, we suggest the establishment of a “dual track system (market allocation track and housing security track)" of housing supply in conforming to China’s national circumstance and the sustainable development objective, upon which long-effective mechanism of realestate market regulation could be set up and further optimizing to some specific related housing policies could be implemented.
Keywords: Dual Track System, System of Housing Provision, Development Strategy, Policy Optimizing
source:Finance & Trade Economics ,No11,2013