Abstract:High house price expedites the birth of "the house with limited property" and makes it widely spread in China. Through investigation of "the house with limited property" in Zichuan district of Zibo city, the concept and the content of "the house with limited property" are clarified, and its main distribution are clear. From different aspects and different levels, the reason of the objective existence of "the house with limited property" is interpreted. At the same time, this paper give the reasons for why this kind of house can only be authured as "limited property", not "full property" are analyzed in this paper. It is regarded that the "the house with limited property" can speed up the urbanization process in China. But China's housing construction management system also needs to be reformed, coordinated and harmonized.