Comparative Studies on Housing Subsidies for Medium- and Low-income Households of the World |
Zhao Yanran, Tong De, Li Guicai |
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Abstract: |
Housing security is an essential part of social security which is concerned by government and academia. Depending on the subsidies targeted, we summarize the key points and the effectiveness of housing subsidies in medium- and low-income households of United States, United Kingdom and other developed countries. It is concluded that“ Brick Subsidy” could tackle the overall lack of housings; however, “Head Subsidy” may be a better policy when the housing shortage eases. The main housing subsidy of China is “Brick Subsidy” which plays better results under the circumstances of current housing shortage. Thus, according to the experience of developed countries and the efficiency of policy, the housing subsidy in China may concentrate on strengthening the “Head Subsidy” while gradually weakening the subsidies to suppliers. |
Keywords: |
Housing Subsidy, Medium- and Low-income Households,Brick Subsidy, Head Subsidy |
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