During the "14th Five-Year Plan" period, we will vigorously develop affordable rental housing

What is the focus of my country’s housing construction during the “14th Five-Year Plan”? How to solve the dilemma of new citizens and young people being unable to afford and rent housing? At a press conference held by the Ministry of Housing and Urban-Rural Development on July 27, relevant experts explained this.

Develop affordable rental housing to meet the housing needs of new citizens

Since the 18th National Congress of the Communist Party of China, our country has built more than 80 million units of various types of affordable housing and shantytown-replacement resettlement housing. It has benefited more than 200 million people with housing difficulties and effectively improved the housing conditions of people with urban household registration difficulties.

However, as the urbanization process accelerates, a huge group of renters has emerged in our country, and the demand for renting houses among the floating population and graduates has increased. Data from the seventh census show that my country’s floating population has reached 376 million, an increase of 69.73% compared with the sixth census. In Beijing, Shanghai, Guangzhou and Shenzhen, the proportion of renters in the permanent population has reached more than 40%.

On June 24, the State Council issued the "Opinions on Accelerating the Development of Affordable Rental Housing" (hereinafter referred to as the "Opinions"), which clarified that affordable rental housing mainly addresses the needs of new citizens, young people, etc. Housing difficulties for groups. On July 22, the State Council held a video and telephone conference on accelerating the development of affordable rental housing and further regulating the real estate market, requiring the development of affordable rental housing to be a key task of housing construction during the 14th Five-Year Plan.

“my country’s rental market has always lacked special policy support and land security. Most of the existing rental houses are large in size and have high rents, which do not meet the needs of new citizens and young people.” Yu Xiaofen, Vice President of Zhejiang University of Technology According to analysis, the development of affordable rental housing is a key task of housing construction in the "14th Five-Year Plan", which is to break the situation where new citizens and young people cannot afford to buy a house and cannot afford to rent a house.

“Through government policies, we will significantly increase the supply of small-sized, low-rent housing that meets the needs of new citizens and young people, effectively alleviate the phased housing difficulties of new citizens and young people, and allow them to live in the city. To stay and live decently is the need to promote a new type of people-centered urbanization,” said Yu Xiaofen.

Multiple measures should be taken to help young people rent, afford, and rent close to home

How to develop affordable rental housing? The "Opinions" also provide clear provisions from the policy level.

According to the "Opinions", affordable rental housing is mainly small-sized units with a construction area of ??no more than 70 square meters, and the rent is lower than the rent of market rental housing of the same quality in the same location; the government provides policy support to give full play to The market mechanism functions to guide investment by multiple entities and supply through multiple channels.

The "Opinions" also improve the land support policy for affordable rental housing. Some cities are allowed to explore the use of collective commercial construction land to build affordable rental housing; it is allowed to use self-owned land of enterprises and institutions to build affordable rental housing, change the land use, and do not pay the land price.

The approval process for affordable rental housing has been simplified and financial support has been strengthened. In addition to providing central subsidy financial support, it has also reduced tax burdens and implemented residential water and electricity prices.

Yan Rong, president of the Shanghai Real Estate Research Institute, said: "The Opinions respond to the outstanding problems currently faced by my country's housing development, make up for the obvious shortcomings of the housing security system, and have high gold content. Help new citizens and young people to rent in big cities with a net population inflow, rent at affordable prices, rent in close proximity, rent stably, and rent well.”

Yan Rong suggested that in actual work, It is necessary to pay attention to local conditions and overall coordination, give priority to the housing difficulties of new citizens who are engaged in basic public services, propose practical development strategies based on the shortcomings of housing development in different cities, and form a sustainable development mechanism.

Yu Xiaofen believes that when developing affordable rental housing, attention should be paid to the balance between employment and housing and the pricing mechanism. Site selection should focus on industrial parks, places with many jobs and convenient transportation, and pricing should ensure that new citizens and young people It is affordable and must take into account the sustainable operation of investment entities and operating enterprises.

It is reported that the official has set a clear timetable for the construction of affordable rental housing. Before the end of October this year, each city government must determine the construction goals of affordable rental housing during the "14th Five-Year Plan" and formulate annual construction plans. plan and announce it to the public. In large cities with a large number of new citizens and young people, high housing prices or greater upward pressure, during the "14th Five-Year Plan" period, the proportion of new affordable rental housing in the total new housing supply should strive to reach more than 30%.

Continue to rectify the order of the real estate market, strictly investigate violations, and hold accountable cities with large housing price fluctuations

Since my country established a long-term mechanism for real estate in 2018, all localities and departments have focused on stabilizing land prices and stabilizing land prices. Housing prices, stabilizing expectations, promoting the stable and healthy development of the real estate market, and achieving remarkable results. In 2020, the year-on-year price increases of new commercial housing and second-hand housing in the 22 pilot cities narrowed by 3.1 percentage points and 1 percentage point respectively compared with 2019.

"The development trend of my country's real estate market is developing in a more healthy and stable direction, and the regulation work is very effective. Real estate regulation should continue to adhere to the positioning of 'housing is for living, not for speculation', and 'do not use real estate as a short-term stimulus to the economy. means' as the most fundamental principle," said Liu Hongyu, director of the Real Estate Research Institute of Tsinghua University.

In the next step, our country will further implement the main responsibilities of cities and hold cities accountable for poor regulation and market fluctuations. At the same time, we will strengthen the supervision and guidance responsibilities of provincial governments; strengthen real estate financial management and strictly implement commercial regulations. Bank real estate loan concentration management system and strengthen supervision of small and medium-sized banks. Resolutely investigate and punish the illegal use of business loans, credit loans, consumer loans and other funds for home purchases.

Continue to improve the order of the real estate market. Strictly investigate violations of laws and regulations in real estate development, intermediaries, properties, leasing, etc.; establish a real estate and land linkage mechanism. Implement the practices of limiting house prices for residential land in Beijing, controlling land prices, and improving quality. Strictly review the qualifications of land purchase companies and establish a land purchase fund review and withdrawal mechanism. Establish a real estate market data sharing mechanism to provide data support for timely and accurate market regulation.