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Since the housing reform in 1998 , China 's real estate industry has experienced more than 10 years of rapid development , obtain one after another remarkable achievement , the average housing area of residents in China has increased year by year , housing conditions continue to improve people 's living conditions have greatly improved. The same time , real estate has become one of China 's leading industries , due to the strong correlation of the real estate industry , real estate development greatly boosted the development of related industries , a growing contribution to the development of our national economy , at the same time , the real estate industry to provide a large number of jobs , improve the income of migrant workers can not be ignored , and make a great contribution to China's urbanization . However , China 's arable land is limited , a large population, and are concentrated in the eastern and central regions . With the continuous development of the economy and urbanization of land for residential construction will be fewer , and the process of China 's urbanization will continue for some time in the future , which will lead to an imbalance of supply and demand in the residential market , the imbalance supply and demand will make the room rose , while the rise in house prices will continue in the expected period of time , which has created opportunities for speculation and investment housing purchases will further exacerbate the imbalance between supply and demand of the residential market , which local governments will play in fueling role to further promote housing prices , and so forth , so that the housing market into an infinite loop , soaring house prices, the result is the collapse of the real estate bubble , the economy has been a serious blow that backwards . This article through theoretical and empirical analysis of China 's real estate policy and its mechanism of action , found that China's real estate policy , did not play due after the introduction of , mainly in the central government and local governments and real estate companies and financial institutions Game policy implementation and supervision is not enough , the real estate policy in name but not in fact . In this paper, based on China should introduce standard residential area of ??policy , and to strengthen the policy supervision , in order to better manage the current hot real estate market .
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