Since the beginning of this year, the real estate market has attracted much attention. From departments to localities, a series of real estate adjustment and optimization measures have been introduced one after another, such as "recognising housing but not recognising loans", reducing the proportion of down payments, and lowering mortgage loan interest rates.
What is the effect of these policies? This reporter interviewed Ni Hong, minister of housing and urban-rural development.
Ni Hong said that the Party Central Committee and the State Council attach great importance to real estate. From last year to this year, from departments to localities, a series of optimization policies to stabilize real estate have been introduced. There is a process of policy implementation, and from the initial situation of the current implementation, the positive effects are gradually emerging.
Ni Hong, Secretary of the Party Leadership Group and Minister of the Ministry of Housing and Urban-Rural Development: This year's real estate market, on the whole, is high in the front, low in the middle, and stable in the future. Judging from the data, policy measures such as recognising houses and not recognising loans, reducing down payment ratios and interest rates have had a positive effect. From January to October, although the first-hand housing transactions declined, the second-hand housing transactions increased, and the first-hand and second-hand houses together achieved positive year-on-year growth. In addition, the work of "guaranteeing the delivery of buildings" is being steadily promoted, which has also led to a positive year-on-year growth in the area of housing completions across the country, close to 20%, which also reflects the effectiveness of local governments in helping enterprises to bail out.
There has been a significant change in the relationship between supply and demand in the real estate market
On July 24, the Politburo meeting pointed out that the relationship between supply and demand in the mainland real estate market has undergone major changes. Ni Hong, Minister of Housing and Urban-Rural Development, said in an exclusive interview with this station that in order to understand the current real estate situation, we must first grasp this major change.
Ni Hong, Secretary of the Party Leadership Group and Minister of the Ministry of Housing and Urban-Rural Development: This is a major judgment based on the stage of economic and social development of the mainland and the development law of real estate itself. To understand the current real estate situation, we must first grasp this major change.
Ni Hong said that from the perspective of supply, the overall problem of "whether there is" has been basically solved, but the problem of structural insufficiency still exists. From the perspective of demand, the people have higher requirements for the quality of housing, and hope to live in better houses and get better services. To this end, the central government has made a series of important arrangements, including building a new model of real estate development, implementing the "three major projects", and meeting the reasonable financing needs of real estate enterprises under different ownership systems without discrimination.
Ni Hong, Secretary of the Party Leadership Group and Minister of the Ministry of Housing and Urban-Rural Development: We will work with relevant departments to guide local governments, conscientiously implement these major deployments, strive to meet the housing needs of the people, and promote the stable, healthy and high-quality development of the real estate market.
We will make every effort to promote the construction of the "three major projects" such as affordable housing
The recent Central Financial Work Conference also proposed to speed up the planning and construction of affordable housing, the transformation of urban villages, and the construction of "three major projects" of "peacetime and emergency" public infrastructure construction. Ni Hong said that this is an important measure launched by the mainland according to the new situation of the real estate market.
Ni Hong said that at present, the relevant work of the "three major projects" has been launched. Planning and construction of affordable housing is a major reform to improve the housing system and supply system, and to reconstruct the relationship between the market and security. The focus of this reform is to expand the new way of allotment-type affordable housing, and ultimately to realize that the government guarantees basic needs, the market meets the needs of multi-level housing, and establishes a housing system that combines rental and purchase. This requires the city party committees and governments to shoulder the main responsibility and solve the housing problem of the masses, especially the housing problem of new citizens and young people.
Ni Hong, Secretary of the Party Leadership Group and Minister of the Ministry of Housing and Urban-Rural Development: Regarding the transformation of urban villages, it is an important livelihood project to solve the problems of urgency, difficulty, worry and expectation of the masses. The focus is to eliminate safety risks, improve the living environment, promote industrial transformation and upgrading, and promote the high-quality development of cities.
Ni Hong said that the construction of public infrastructure is a major measure to coordinate development and security and improve urban resilience. At present, the real estate market in mainland China is in a period of transition, although it has encountered some difficulties, but there is still solid support for sustainable development in the future. With the continuous implementation of the central government's decisions and deployments, and with the gradual establishment of a new model of real estate development, we will be able to promote the transformation and upgrading of real estate, achieve high-quality development, and let the people live in better houses.
Accelerate the construction of a new model of real estate development
The recent Central Financial Work Conference clearly proposed to build a new model of real estate development. Ni Hong, Minister of Housing and Urban-Rural Development, said that to do a good job in this work, it is necessary to do a good job in the implementation of concepts and institutional mechanisms, and real estate enterprises should also change their concepts.
Ni Hong said that building a new model of real estate development is a fundamental strategy to solve the current real estate development problems and promote the stable and healthy development of the real estate market. In the past, in the period of solving the problem of "whether there is any", the development model that pursued speed and quantity no longer meets the new requirements of solving the problem of "whether it is good or not" and the stage of high-quality development, and it is urgent to build a new model.
Ni Hong, Secretary of the Party Leadership Group and Minister of the Ministry of Housing and Urban-Rural Development: In terms of concept, the new model should always adhere to the positioning that the house is for living, not for speculation, and focus on meeting the rigid and improved needs, and strive to let the people live in a good house. So what is good about a good house? It is to be green, low-carbon, intelligent and safe, that is to say, so that the masses can live healthily, use it conveniently, and at a low cost, and rest assured and at ease.
Ni Hong said that in terms of institutional mechanisms, on the one hand, it is necessary to establish a new mechanism for the linkage of "people, housing, land and money", starting from the scientific allocation of factor resources, and determining houses by people, land and money by houses, so as to prevent the market from fluctuating. At the same time, the establishment of a full life cycle management mechanism from housing development and construction to maintenance and use, including the reform of development methods, financing methods, sales methods, the establishment of housing physical examination, housing pension, housing insurance and other systems.
In terms of implementation, it is necessary to implement the "three major projects", implement the spirit of the Central Financial Work Conference, meet the reasonable financing needs of real estate enterprises with different ownership systems without discrimination, and promote a virtuous cycle of finance and real estate.
Ni Hong, Secretary of the Party Leadership Group and Minister of the Ministry of Housing and Urban-Rural Development: Then in the new model, I think real estate companies should also have a clear understanding, now they have to fight for high quality, new technology and good service, who can build good houses for the masses, who can provide good services to the masses, who will have a market, who will have development.
Source: China News Network