ABSTRACT
This chapter utilizes the case of the new affordable urban housing policy to describe the locked-out model of expert involvement. The so-called ‘new policy’ mentioned refers to the decision made by the State Council at the end of 2008. The most important measures involved in the reform of this policy included the financial investment, land supply and the distribution of purchase opportunities. On 3 July 1998, the State Council issued the Notice of the State Council on Further Deepening Reform of Urban Housing System and Acceleration of Housing Construction, marking the reformation of China’s housing system into one based on ‘monetisation-based distribution’. The term ‘Affordable housing’ referred to residential buildings that were listed into the national plan to be sold at low prices to low-and middle-income families. Affordable housing can be classified as commodity housing characterised by social security policy. Affordable housing is a special kind of commodity housing with the dual attributes of policy security and commodity trading.
