CHINESE GOVERNMENT’S INSPIRATION FROM FOREIGN GOVERNMENTS’ EXPERIENCE IN REAL ESTATE MARKET MANAGEMENT

Yang Yuchen, Meng Qingjun

ABSTRACT: Real estate industry, as an obviously important force in the economic development of various countries, is closely concerned by the government with strengthened management measures. The problems of harmony about the rights and obligations between stakeholders lead to many problems in this market, such as the investment risk, unreasonable market structure, malicious speculation and so on. Chinese government can learn the effective management measures from foreign governments in the real estate market, to hold market equity, maintain fair market transactions, supervise market order, respect reasonable transactions, protect the residence rights of low-income groups and promote the orderly development of the market.

Keywords: Real estate market; government; stakeholders; experience.