At present, the price of China's real estate market has been maintained at high level, which brought great pressure for people's lives. China's real estate began to grow rapidly since 2002, and its speed is much higher than the growth rate of GDP over the same period. At the same time, the proportion of real estate investment has maintained rapid growth, and high prices have brought a series of social problems. This paper made brief description for the feasibility of central bank's monetary policy tool to regulate the price of real estate. Monetary policy is the policy measure Central bank used for a macro-control goal; it includes all kinds of control and the regulation of money supply and credit scale. It is feasible to use the monetary policy tool to regulate the price of real estate.
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