Lan Deng, Assistant Professor of Urban Planning at Taubman College, was the lead author along with doctoral student Qingyun Shen and visiting scholar Lin Wang on a report for the U.S. Department of Housing and Urban Development. The paper, “Housing Policy and Finance in China: A Literature Review,” describes China’s public housing system, current housing policy framework and housing finance system. The concluding portion of the paper describes China’s response to housing policy issues of particular importance to the Obama administration based on recent sources that are not available in English: regulation of mortgage lending, efforts to curb soaring housing prices and curb speculation enacted before the global economic crisis, and assistance to housing construction as part of China’s economic stimulus program.
(IACP Newsletter, Issue No 4, Jan 31, 2010)