Research On Chinese Individual Housing Loan Policy And Value Orientation

Since the 90's of last century, Chinese real estate business has a vigorous development and has been one of the pillar industries supporting Chinese economy rapid growth. Commercial banking loan becomes a main tool of real estate finance which has close relations to national economy policy and industry policy on individual housing loan scale. Analyzing from economics point of view, domestic housing loan policies are adjusted between effective demand and speculative demand on housing from residents. To some extent, government should handle policies of continuity, harmony, validity, and should deal well with the connections between market mechanism and policy control. Real estate credit control is a selective control tool which enables loan policy to maintain housing price stable, to adjust housing consumption structure and guide residents to have rational demands on housing. Therefore, the choice of individual housing loan policy should be given attention to value orientations of policy equity and efficiency according to different periods and regions.