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focus of housing
decentralization of housing provision
privatization of housing
-To what extent does hosuing dev in China
-(nuestro grupo)Who is responsible for the provision of public housing?
real housing boom, price increases
stages?
trial pilot(encourage ppl buying house themselves by raising rent)
problem associated
`insufficient affordable housing dev
-->insufficient to meet the needs and income of the low/middle household
low incentive for real est developer(can generate profit from more profitable pj instd of affordable housing)
*stricter regulation imposed by gov to cope wif this prob
`messy market: Price bubbles, speculation and volatility
`central-local gov
principal-agent problem
(land transfer fee)
mismatch of interest
gov revenue from housing tax :70%!!
`rural housing problems
`migrant worker problems
solution to the problems
`change the current land leasehold payment method
`dev alternative financing measures and regulation
provide public housing thru diff org
Who should take the greatest responsibility of the existing housing problem in China
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