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The Frontiers of Society, Science and Technology, 2020, 2(4); doi: 10.25236/FSST.2020.020410.

The Comparison of Purchase Restriction Policy in the First and Second-Tier Cities

Author(s)

Zhou XinYi

Corresponding Author:
Zhou XinYi
Affiliation(s)

International Economics and Trade College of Shanghai University of International Business and Economics, Shanghai 201620, China

Abstract

With rapid development of urbanization, housing demand in China increases sharply with scarce land resources, leading to a surge of housing price particularly in first-tier cities. Wealthy people consider real estate as an approach of investment while ordinary people struggle to earn one and even don’t own a house.

Keywords

First and Second-Tier Cities; Purchase Restriction; Housing policy

Cite This Paper

Zhou XinYi. The Comparison of Purchase Restriction Policy in the First and Second-Tier Cities. The Frontiers of Society, Science and Technology (2020) Vol. 2 Issue 4: 39-40. https://doi.org/10.25236/FSST.2020.020410.

References

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[5] Mo Jia (2018).  The effect of purchase restriction order on real estate economy in first-tier cities Housing and Real Estate, no.13, pp.21-22.