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China has experienced a huge housing boom in recent decades. However, many experts point out that since China’s real estate marketization, real estate investment has increased rapidly, real estate prices are gradually rising, and there is a bubble phenomenon in the industry. Some scholars think that China could follow the same solutions as Japan’s towards Japan’s real estate bubble. Thus, the essay will use the method of contrastive analysis, through the comparison of the land system, monetary policies and national development and system of China and Japan to point out the differences in the real situation of the two countries. It is not appropriate for China to copy Japan’s solutions and China needs to make appropriate adjustments according to the national conditions.