Promote the rental market to help curb property prices?

The Central Government has recently introduced a number of measures to vigorously promote the housing rental market in order to reduce the people’s desire to buy, Ji further down property prices.

However, the traditional thinking, the rent is expensive but the rate of return is low, the old building is not hedge, the law is not complete and so on factors, become the mainland to promote the biggest obstacle to the rental market, short-term is not easy to solve.

Recently, the Ministry of Housing and Urban Construction, the National Development and Reform Commission and other nine ministries jointly issued “on the net inflow of large and medium cities to accelerate the development of housing rental market notice” to encourage all local channels to increase the supply of new rental housing, inventory of housing, of course, The development of housing rental market, change we must buy the mentality.

Rent property return low income and income out of line

In addition, the local governments have a lot of measures to introduce, for example, some places recently launched land auction, listed must retain a certain percentage of rental, and even the land is more specified after the completion of the whole building shall not be sold, if not for personal use only rent A way There are local governments to introduce rent and purchase the same right, requiring institutions to free housing and so on.

But the most critical issue is not the lack of rent, but in the first and second tier cities rent is too expensive, a recent survey, north of Guangzhou and Shenzhen rents per capita income of more than half or nearly half, that is to say, Many people want to take half of the income to rent floor.

But another problem is that rent is not equal to the high rate of return. According to a survey in the Mainland, with a layer of 1,000 square meters of buildings, the rent return in Beijing is only 1.88%, 1.9% in Shanghai, Shenzhen, only 1.68%, if the Shenzhen dollars, to rent more than 60 years before returning to this. In Hong Kong, rent returns are generally at least 2%. High property prices and low rental returns, which shows that the mainland property prices and income has been largely out of touch.

In fact, in the traditional Chinese thinking, there is a king of buildings, many people choose the first condition is to have a car. Recently the mainland hit a series of TV series “happy oath”, the play actress Fan Shengmei worked hard in Shanghai for many years, but only with friends to rent a house, in order to face her boyfriend, never boyfriend home. No house, on behalf of failed in Shanghai.

Moreover, the Mainland second-hand buildings are much lower than Hong Kong due to quality problems. In the Mainland of the building, built after 20 years has been very broken, and the lack of mechanism for compulsory maintenance, in addition to special school district outside the room, the hedging capacity is often decreased with the age of service. In contrast, Hong Kong, over 40 years old Taikoo Shing, Mobil Village, there is still a price of the city, the two great difference.

In addition, the mainland’s legal system is not perfect, many owners worried about the introduction of rent tyrants, alone do not pay rents do not know where to solve; even rent to the general tenants, the owners are worried about rent out after the recovery, housing has become seven But also spend a lot of money to decorate, so many owners would rather lose the price of housing and sell, do not want to rent the house.

Should be set long-term facilities to help a large number of housing assistance

Public housing, there are already covered low-rent housing, affordable housing, limit room and other types, but for now, the construction of public housing is low, the imbalance, leading to China’s housing security system is not fully covered Low – income families housing demand. And since the 98 housing reform, the commercial housing of the big step forward to create a major phenomenon in the commercial housing market.

Therefore, to promote the rental market is only one of the perfect property market, relying solely on the low cost of property to help limit the establishment of long-term housing policy is the key. First of all to change the local government to rely on land revenue problems, and a large number of public rental housing and other housing, the establishment of the relevant rental restrictions and value-added tax and so on, can gradually return to the house “used to live is not used to fry” environment The