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Houses are marketable products, but the public housing are mainly provided for the people who can''t afford the houses available in the market.When reviewing the role of public hou- sing in Taiwan , We found that the sales of public housing always fluctuate with the real estate market . In the booming periods, the demand for public housing often increases rapidly and the supply is unable to meet the demand. In the depressed periods, on the contrary , the public housing then encountered with poor sales. These phenomenona indicate the public housing in Taiwan seem to be marketable products in some sense,thus it shouldn''t be omitted in the consideration of the situation of housing market. Neverthless,the former public housing developments in Taiwan were usually policy-oriented and lacked the full understanding of demand-supply dynamics in the housing market.It led to" the supply outstripped the demand "of public housing in 1981 to 1986 , and "the demand outstripped supply" in recent years,the two kinds of extreme situations. Base on these, this study tries to introduce the concepts and frameworks of housing market analysis into the public hou- sing planning process. So that the public housing authorities may consider the housing market dynamics into their plan and provide proper public housing at the right time , so as to im- prove the efficiency of public housing development.
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