Evaluation of Beijing Low-Income Housing Security Policy: An Analysis of the Public Policy

Abstract

The low-income housing security policy is one important part of the current housing security policy, which is an important measure to satisfy the demand of the social low-income people. The academia and society have different evaluations on the policy. Scholars with the idea that low-income housing security policy can promote the overall supply of residential area think that the low-income housing security policy is effective, which can meet the needs of the society; however, the others think that the effect of the policy should be discussed. In order to evaluate the effect of Beijing low-income housing security policy, this paper attempts to make an empirical analysis with statistical approach. The conclusion of the empirical analysis shows that Beijing low-income housing security policy rather not affects the supply of residential area, but does reduce the price. The significance of this result is positive.