Urban Land Use Regulation and Housing Affordability: Theoretical Frameworks and Research Advances

• Yihan Yang

  Author

Against the dual context of advancing high-quality urbanization and sustained housing price regulatory policies, urban land regulation exerts far-reaching effects for urban housing price fluctuations and residents' housing affordability, thus emerging as an important research theme within territorial spatial governance and people’s housing security fields. This study shows the complete theoretical system linking urban land regulatory rules and housing affordability. On the basis of foundational studies carried out by Glaeser and Gyourko, the work integrates China’s unique urban land management institutional arrangements alongside the real residential housing conditions nationwide. It clarifies the specific definitions and operational roles of different land regulatory tools, and generalizes how land restriction policies affect commodity housing prices, the provision of low-cost residential housing, as well as housing affordability disparities across distinct social groups. Following the above analytical work, this article sorts out unresolved research deficiencies and divergent academic viewpoints, and further lays out prospective research methods. The research conclusions intend to supply theoretical support and practical decision-making references for implementing refined urban land administration, maintaining the steady operation of real estate markets, and safeguarding residents’ rational housing rights and interests in China.

• JAESD000023.pdf