Original title: Supporting policies accelerate the implementation of the housing security system construction steadily
The State Council recently convened a teleconference on accelerating the development of affordable rental housing and further regulating the real estate market, emphasizing the development of affordable rental housing as a key task of housing construction in the “14th Five-Year Plan”, and insisting on proceeding from reality to solve the problem of large cities. Outstanding housing problems. Efforts will be made to provide housing security for new citizens and young people, and give priority to protecting the housing needs of the new citizens who are engaged in basic public services.
Industry insiders said that housing issues are the top priority of people’s livelihood work. In the future, my country will form a housing security system covering new citizens and other groups, alleviating the problem of insufficient structural supply of existing rental housing, so that new citizens, young people and other groups can also live and work in cities.
The central government frequently mentions housing security
On July 30, the Politburo meeting pointed out that it is necessary to adhere to the positioning of houses for living, not for speculation, to stabilize land prices, house prices, and expectations, so as to promote the steady and healthy development of the real estate market. Speed up the development of rental housing and implement supporting policies such as land use and taxation. It is worth noting that in the past half month, the central level has repeatedly expressed its position on real estate regulation and housing security issues.
On July 22, the central government convened a teleconference on accelerating the development of affordable rental housing and further regulating the real estate market and pointed out that it is necessary to grasp the policy focus of affordable rental housing, clarify the protection objects, adhere to the “basic guarantee”, and adopt small-sized apartments. Focusing on achieving “job-living balance”. In accordance with the principle of “affordable and sustainable”, establish a scientific rent pricing mechanism. Adjust measures to local conditions, focus on the net inflow of population into cities, implement the main responsibilities of cities, and accelerate the development of affordable rental housing.
Previously, the “National Deepening of the Reform of “Decentralization, Management and Service”, Efforts to Cultivate and Stimulate the Vitality of Market Subjects, Video and Telephone Conference Key Task Division Program” also clearly stated that it is necessary to increase the supply of affordable rental housing and common property housing, standardize the development of the long-term rental housing market, and reduce Lease housing tax burden, and try our best to help new citizens and young people alleviate housing difficulties.
Chai Qiang, president of the Chinese Society of Real Estate Appraisers and Real Estate Agents, pointed out that at present, the housing problem in Chinese cities, especially large cities, is becoming more and more prominent. High housing prices have become one of the obstacles hindering new citizens from becoming a real citizen and young talents happy to start their own businesses. In the future, if my country wants to further promote a new type of urbanization centered on people, it is necessary to make new citizens truly urbanized, so that young people who cannot afford housing can see the future and live and work in peace and contentment.
Chai Qiang said frankly that the unbalanced development of housing rental and housing purchase in my country has caused the current housing rental market to become a shortcoming. The quality of rental housing is not high, the effective supply is insufficient, the rental relationship is unstable, and there are many pain points in rental housing. The housing rental market urgently needs to be standardized. . He believes that with the advancing of new urbanization in the future, the demand for housing rentals will still be on the rise.
“The development of affordable rental housing will promote the steady and healthy development of my country’s real estate market, and it is a key part of the construction of a long-term real estate mechanism in my country.” An industry insider said that the development of the affordable housing rental market will help speed up the complement of housing rentals in my country. The shortcomings of the market may become a breakthrough to solve the outstanding problems of housing in big cities. In addition, large cities with net population inflows have relatively scarce land resources, and the development of affordable rental housing is of great significance for improving my country’s housing supply system and retaining talents for the development of large cities.
Timely follow-up of multiple guarantee policies
On July 2, the General Office of the State Council issued the “Opinions on Accelerating the Development of Affordable Rental Housing” (hereinafter referred to as the “Opinions”) to support the development of affordable rental housing in terms of land, capital, finance, and tax support.
The “Opinions” clarify that affordable rental housing mainly solves the housing difficulties of eligible new citizens, young people and other groups, mainly small units with a floor area of no more than 70 square meters, and the rent is lower than that of market rental housing in the same location and quality. The rent, the specific conditions for entry and exit, and the specific area of the small apartment shall be reasonably determined by the urban people’s government in accordance with the principle of basic guarantee.
In addition, the “Opinions” also introduced a number of precise measures to promote the construction of affordable rental housing projects in terms of simplifying the approval process, reducing the burden of taxes and fees, and differentiated credit management. Guide multi-entity investment, multi-channel supply, use the stock of land and housing construction, and rationally support commercial service facilities.
On July 15, the Ministry of Finance, the State Administration of Taxation, and the Ministry of Housing and Urban-Rural Development issued a new policy for housing lease taxation, stipulating that from October 1, 2021, general taxpayers of value-added tax in housing leasing companies will obtain all rental income from individual housing rentals. The 5% levy rate is reduced by 1.5% to pay the value-added tax. For enterprises, public institutions, social organizations and other organizations that rent houses to individuals and specialized large-scale housing leasing companies, the real estate tax will be levied at a reduced rate of 4%.
“The housing leasing supporting policies will accelerate the implementation.” The person concerned said.
Speed up the development of affordable rental housing
The results of the seventh national census showed that the migrant population nationwide was 376 million in 2020, an increase of nearly 70% compared with 2010. Chai Qiang said that according to the survey, the majority of urban renters in my country are floating population and newly employed college students. According to the calculation of 50% rental housing, the new housing rental demand is about 75 million; college graduates can buy a house within 5 years of graduation, and the new housing rental demand of 2020 graduates will exceed 11.6 million. If the two are taken together, at the end of 2020, there will be more than 220 million people living in rented houses in the country’s urban permanent residents.
It is reported that in April this year, the Ministry of Housing and Urban-Rural Development and the National Development and Reform Commission issued a notice requiring 40 cities to make arrangements for the construction of affordable rental housing in 2021, and grant investment subsidies within the central budget to eligible projects. In May, 40 city symposiums were held in two batches to exchange pilot experience and promote the acceleration of the development of affordable rental housing. The 40 cities plan to raise 930,000 units within the year.
The relevant person in charge of the Ministry of Housing and Urban-Rural Development revealed that the Ministry of Housing and Urban-Rural Development will continue to guide large cities with net population inflows to accelerate the development of affordable rental housing in terms of determining development goals, implementing support policies, and establishing working mechanisms. “During the ’14th Five-Year Plan’ period, in large cities with a large number of new citizens and young people, high housing prices or greater pressure to rise, the proportion of newly-added affordable rental housing in the total new housing supply should be striving to reach more than 30%.” . The person in charge said.
The local promotion of the development of affordable rental housing has accelerated significantly. Shanghai proposed to build 400,000 sets (rooms) of affordable rental housing during the “14th Five-Year Plan” period, accounting for about 40% of the total housing supply. Guangzhou City proposed that during the 14th Five-Year Plan period, 1.31 million units of various types of housing should be raised, of which 600,000 units (rooms) of affordable rental housing, accounting for 45%. Beijing will include the use of collective operating construction land and non-residential housing stock to build rental housing into the standardized management of affordable rental housing. Shenzhen has further improved its housing security system and is stepping up its drafting of implementation opinions on the development of affordable rental housing. Xiamen City has issued the “Opinions” implementation measures and “Existing Non-residential Houses Temporarily Reconstructed into Affordable Rental Housing Implementation Plan” and other supporting documents.
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