住房既是人们的刚性消费需求,又是附着在不可再生土地上的资源品,刚性需求加稀缺资源,成为人们预期具有增值潜力的消费兼投资的上佳品种。未富者省吃俭用,拼命存钱攒钱,为的是购房消费;先富者在满足购房需求后不断购房,为的是投资赢利;政府大力扶持房地产业,为的是拉动需求。人们青睐房产,自然房价止不住上涨,然而,过分上涨形成的泡沫必有破灭的时候。如何把房价维持在与人们收入水平的合理比价关系当中,便成为一道世界性难题。本文建议通过制度安排,用租 Housing is not only a rigid consumer demand for people, but also a resource product attached to non-renewable land. Rigid demand and scarce resources have become a good variety of consumption and investment that people expect to have value-added potential. The rich do not have to live frugally, desperate to save money for money, in order to purchase housing consumption; the first rich to meet the needs of buyers continue to purchase, in order to invest profit; the government strongly support the real estate in order to stimulate demand. People favor real estate, real prices can not stop rising, however, the bubble caused by excessive rise must burst when. How to maintain house prices in a reasonable price relationship with people’s income levels has become a worldwide problem. This paper suggests that through the institutional arrangements, rent