Analysis of Shanghai's "Shanghai Ten" Point Purchase Policy from the Perspective of Gradualism

Abstract

In 2020, Shanghai's property market saw another surge in property prices after several years of sideways trading. Against this backdrop, Shanghai firmly adhere to the principle of "houses are for living, not for speculation", and in January 2021 introduced the "Opinions on Promoting the Stable and Healthy Development of the Real Estate Market in the City" ("Shanghai Ten"), after which a "points" screening process was added to the purchase process of new homes in Shanghai to achieve the policy objective of "prioritizing the needs of 'homeless families' to purchase homes for self-occupation". The policy has been effective, but new problems have arisen. This study adopted the theory of gradualism, took the purchase of housing by families in need as the research problem, analyzed it from the perspective of the loopholes in the points-based policy, discussed its rationale, root causes, drawbacks and countermeasures, and put forward suggestions for solving the problem from the perspectives of providing policy support for multi-children families, exhorting marital risks, and filling the gaps in the law, respectively.