housing policy

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China’s new housing policy risks unintended consequences – Mark A. DeWeaver

On May 17, Chinese Premier Wen Jiabao announced a six point plan intended to make it easier for the average urban family to find housing. It called for: (1) more maller-sized units, (2) macro-control using tax, credit, and land policies, (3) fewer forced relocations, (4) a more orderly market, (5) more rental and low-income housing, […]

China puts squeeze on villa boom – AP

From The Associated Press: China has banned the use of new land for luxury villas and will tighten scrutiny of banks’ lending practices, expanding a campaign to rein in a building boom and cool economic growth, state media reported Thursday. Measures issued by the Ministry of Land and Resources also call on local officials to […]

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