Failure of Price-control Measures and Sustainable Development of the Real Estate Industry-Features and Trend of the Interests of Local Governments

摘要

Real estate development and the stability of prices is increasingly becoming the focus of attention. On the one hand, real estate development for economic growth and create conditions to improve people's livelihood thus boosting the development of urbanization in depth and breadth. On the other hand, high prices and a serious departure from the longterm purchase of the public's purchasing power and affordability, in turn, become an obstacle to restrict consumption of urban residents, and even threaten the entire economy and overall social stability and development. To this end, the Government continued to impose control measures to the real estate and means to guarantee the stability and healthy real estate market to run the vast majority of regulatory policy measures have little effect or even an auspicious