Analyst: Land Prices Driven By Supply Shortage

Land restrictions are a good way to deal with housing oversupply in third- and fourth-tier cities, but in first- and second-tier cities the policy is driving up land prices.
Take a look in and around Shanghai, June 3, the National Development and Reform Commission published the full text of the Yangtze River Delta city group development plan for urban construction land, "planning" in many references, to strictly control the construction of mega-cities and metropolitan land scale, Shanghai will have to realize the scale of construction land reduction.

Previously, the Shanghai "Thirteen Five" plan had already been made, to strictly control the scale of construction land, by 2020 the city's total land for construction planning and realization of negative growth, the total amount of construction land control in less than 3185 square kilometers, construction land inefficient status quo Save the amount of 50 square kilometers.

Look at Beijing and surrounding, also in early May, the Ministry of Land Resources and the National Development and Reform Commission jointly issued on the "coordinated development of Beijing, Tianjin and land use planning (2015-2020)", and strictly control new proposed Jingjinji construction land, Forced to enhance urban functions.

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