Research on the Effectiveness Evaluation of Real Estate Regulation & Control Policies of Local Governments in China

Since September of 2016, local governments in China have successively released real estate regulation policies to control the sustained growth of housing prices and stabilize the market expectation. Real estate policy directly affects people's housing needs and housing prices. With the continuous implementation of a variety of policies, people have paid larger and larger attention to key issues including the differences among policies in different regions and the implementing effects. What kind of regulation and control policies can play a stable and positive role in the real estate market? The article focuses on the summarization of policies released by local governments in China and makes evaluations on the effectiveness of the policy instruments through the data of analysis on monthly variations.