This chapter examines government's housing market administration and control on housing price inflation since 2005 in context of rapidly rising housing prices and investment demand. Market administration conducted by government includes administration of development firms, intermediary firms and professional services firms. The chapter focuses on the details of macro control measures to rein in housing prices from 2005 to 2013, which brought down housing prices twice. Macroeconomic regulation and control, abbreviated to 'macro control', is the use of direct intervention by the central government or a sector of the economy to achieve the government's economic development objectives. The chapter discusses the issue of housing bubble in China and argues that housing market correction started in 2014. To rescue housing market, many local governments at the collective choice level tabled their versions of macro control through tax cuts, subsidies, provision of household registration status and other means to attract home buyers to part with their money to buy homes.