Abstract: Rural land and housing was the important resource for rural economic development, and the precious wealth of the farmers. The paper focuses on the basic properties of the land and housing in rural areas: subjectivation, capitalization and marketization. The integrating use of documentation retrieval and the comparative analysis combs and summarizes the research results on them, which have been done by the academic authority.The results show that: first, the three basic properties have been highly concerned by the economists,which leads to the prosperous research results; Second, the relevant research results show that in China the development of subjectification, capitalization and marketization in rural land and housing make new progress; Third, it’s also such a long way for us to fulfill the three basic properties that we must adhere to the scientific outlook of development, base on basic national conditions in our country and promote the assets management on rural land and housing.