2016-05-03

Politburo Discusses Real Estate Inventory

Politburo meeting on April 29, the tone of the work to the inventory of real estate is positioned as "orderly digest" this new tone behind just fit the current market situation.

Reporters noted that, under the effect of a series of policies for a portfolio, real estate this year to achieve "good start." National Bureau of Statistics data show that a quarter of the national real estate investment rose 6.2% nominal growth, the national real estate sales up 33.1%.

However, it is in the background to the inventory, prices tier cities and some second-tier cities hot spots but rose sharply, followed by the purchase of some cities started to tighten policy.

For example, this year March 25, Shanghai and Shenzhen, the introduction of more stringent restriction policy. Shanghai Shanghai non-residence households buyers pay a tax or social security number of years by a full two years to adjust to five years, Shenzhen proposed city residence households (including some family members for a family of city residence) purchase of two housing units and other measures .

After this month, Shanghai and Shenzhen property market is showing the volume and price down phenomenon. Shanghai Yi Habitat Research Institute think tank Center report shows that 30 days of data before and after the New Deal, the Shanghai housing prices fell 1937 yuan / square meter, down 6%, while the Shenzhen fell by 248 yuan / square meter, down 1% .

Yan leap on the "Daily News" reporter, he said: "orderly digest real estate inventory is to let supply and demand indicators relatively stable release is necessary to effectively resolve the inventory, but also to avoid a loose policy on house prices rose, a policy. tighten down on the situation. "
Urbanization is still the strategy:
How to "digest orderly real estate stocks," a recent Politburo meeting also gives the answer.

The meeting pointed out, according to accelerate improvements in the household population urbanization rate and deepen the reform of the housing system requirements, focus on issues of regional and structural problems, the implementation of differentiated regulatory policies.

Yan leap on the "Daily News" reporter, said: "pay attention to stock only the current real estate situation, but also concerned about the long-term, and tap the potential demand focus on regional issues, differentiated for the current regulation is a second-tier and three or four lines. initiatives proposed property differentiation pattern. household population urbanization rate increase and deepening housing reform is to increase the demand for housing, focusing on long-term measures. "

"Thirteen Five Year Plan" shows that in 2015, China's urbanization rate was 56.1% resident population, household population urbanization rate was 39.9% "13 Five Year Plan" goal: By 2020, 60% of the resident population urbanized and 45% of the household registrations urbanized.
The problem remains demographics: China no longer has a demographic dividend. It must force, cajole or entice aging rural residents to move to the city, and that includes making it affordable for them to move.

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