Publisher: China Development Press
Issued: June 2013
The author analyzes how land supply exerts a significant impact on the housing market, and focuses on several case studies.
China's housing market is closely connected to governments at various levels, and the book focuses on ways to develop a new bilateral relationship to replace the current land development model which relies on land sales and mortgages.
The author concludes that these land sales are unsustainable and a new land tax and land use pattern should be adopted. He adds that the authorities responsible for land use reform should learn from Guangdong's experience.