房地产市场陷入“越调越涨”的怪圈表明,本轮调控所倡导的抑制需求的政策思维亟待调整。尽管房地产调控陷入困境,但在持续加码的行政需求管控背景下,投机和投资性住房购买需求大幅增长缺乏基础。与之相对应的是,供给调控则较为薄弱。住房市场供给大多取决于新房的供应,但受制于每年城市土地规划及住房建设 The vicious circle of the real estate market has plunged into “more tune-up”, which shows that the policy thinking on curbing demand advocated by the current round of regulation needs to be adjusted urgently. Despite the dilemma of real estate regulation and control, under the background of continuously increasing demand for administrative demand control, there is a lack of foundation for the substantial increase in the demand for speculative and investment-oriented housing purchases. Correspondingly, supply regulation is weak. Housing supply mostly depends on the supply of new houses, but subject to the annual urban land planning and housing construction