From the cherry big house
I saw a news today, inconspicuous, but its epoch-making significance, I feel that it is not insignificant, and I am often very sensitive to this information, I think this is a new land innovation, I must say a few words.
This transformative innovation occurred in Lishui, Zhejiang, when Cherry wrote the topic of high housing prices in small cities in Zhejiang before, and also went to do research, although it is a small city, but this time it is indeed a big step.
Lishui City, Zhejiang Province is preparing to list micro residential land for sale to the public, which can be used by a single owner to build a house, or by multiple owners to jointly bid for it.
First of all, the land sold by Lishui is located in the 16-acre low-density project of Bihu New Town, Liandu District, and is directly sold to individuals.
I found a picture on the Internet, probably from the suburbs of the city, and there are farmland and commercial housing communities next to it.
Briefly talking about his transfer rules, the land is divided into three blocks: A, B, and C, and consists of a total of 6 small residential plots.
Plot A has a total area of 3,652 square meters, which is divided into 4 small plots for sale, and plot B has a total area of 2,097 square meters and is expected to have 2 houses. The total area of plot C is 4312 square meters, and the estimated number of houses is 5.
A-1，A-2，A-3，A-4，B，C地块将分别进行挂牌出让。
According to the disclosed information, the area of the plot is not large, all of them are small residential land, and the plot ratio is less than 1%, and there is a high probability that single-family villas will be built in the future.
People from the Lishui Liandu Branch said that the starting price per mu is expected to be 2 million to 3 million yuan.
Converted to about 3000-4500 square meters, although Lishui is an 18th-tier city, but in Zhejiang Province, where the private economy is developed, the housing prices in the city center are as high as 20,000 square meters, most of which are 10,000 yuan.
So that's amazing, and Cherry thinks it's innovative in two points:
First, it has been divided into parts and directly turned the previous land into miniature land, which has greatly lowered the entry threshold.
Second, the qualifications for land acquisition have been changed from developers to individuals and families. In the past, only developers were eligible to participate in the auction of land, but this is the first time that individual buyers can also participate, which is obviously a new attempt at land sales.
For us ordinary people, this is equivalent to skipping the middleman to buy land and build a house from the local area, and we can also develop and build according to our own wishes.
This is really awesome!
This is really awesome!
Because you have to understand that this is urban residential land, not rural homesteads, because rural homesteads are not currently liberalized.
It is equivalent to the fact that in the past, between the rules for the transfer of urban commercial housing and the rules for the construction of rural homesteads, a new set of land and housing rules has been built.
Commercial housing in the city can also skip the middleman!
Commercial housing in the city can also be built by themselves instead of buying from developers.
Zhejiang Lishui is an epoch-making innovative exploration of the current property market environment.
The objectives that can be achieved are:
First, to achieve effective supply to meet the residential needs of ordinary people.
Second, this is equivalent to directly driving the real estate industry, cement and steel bar and other upstream and downstream industries, directly driving the demand for employment and consumption.
Third, the most important thing is to further revitalize the primary market (land market) of real estate, after all, developers now have no money, can not afford to buy a large scale of land, now the whole is reduced to zero, many small bosses can go to their own land to find builders to build buildings.
It's killing three birds with one stone.
There are many small bosses in Zhejiang, and there will inevitably be people who are interested in getting land, after all, there is no middleman to make the difference, and the house can be built cheaper.
The real estate certificates handled after the completion of these houses can be circulated in the second-hand housing market in the future.
This point once again distinguishes the rural homestead and makes it more commercial.
Let's take a closer look, and many people are probably wondering, will this kind of popularization be widespread in the future? Let's take a look at the background of this innovation?
In the past, we had a limited villa order, but last year the Ministry of Natural Resources has lifted the 1.0 limit on the plot ratio of suburban residences.
I think that this kind of property market is mainly preparing for another way out of the property market in small cities.
Personally, I am very much in favor of small cities giving away some small plots of land to ordinary people.
First, there is a serious oversupply in cities below the third tier that there is no need for so many high-rise residential buildings.
For example, some extra-large high-rise residential communities in Beijing, Shanghai, Guangzhou, and Shenzhen can accommodate hundreds of thousands of people in one community, but the population of small urban areas is hundreds of thousands, which is completely unnecessary.
There are few people in a small place, and there are conditions to live in better and bigger houses, and it is not an exaggeration to live in a big house like the United States.
The second is that now the developer is really out of money.
Those central enterprises and state-owned real estate enterprises that only have a little family background have priority for first- and second-tier cities to acquire land if they have money, and they don't even look at the fourth- and fifth-tier cities.
Take Lishui as an example, in 2023, the transaction area of land in Lishui will drop by 44%, and the transaction value will drop by 41%.
In 2022, the income from land sales will be about 18.17 billion yuan, in 2021 it will be about 20.91 billion yuan, and in 2023, there will be only 9.66 billion yuan, less than 10 billion yuan.
Lishui is located in Zhejiang, which can be regarded as a rich land, and more small cities in the central and western regions are directly out of grain and no income.
Originally, the local industry was not developed, and the tax revenue could not collect much money, and every year we waited for the transfer of the central government's finance, but it was never a long-term solution, and we had to open up more ways of income.
Selling a plot of land to an individual is one of them.
I found out that this was not the first time that Yeosu had sold land to an individual.
In 2023, the A-10-5-1 plot in front of Yuzhuang, Lishui South City, Zhejiang, Mao XX will be won at a total price of 44.2 million yuan, with a floor price of 4,712 yuan/㎡ and a premium rate of 0%.
In March 2022, a plot of land in the center of Lishui was won by natural person Liang X for 101 million.
In 2020, a plot of land in Lishui South City was won by natural person Zhou XX, with a transaction price of 58 million yuan.
It seems that in the area of personal land transfer, Zhejiang Lishui is at the forefront of the country.
Legally, our country does not prohibit individuals from acquiring land in their own names.
It's just that in the past, local land transfer often had large plots and high total prices, which ordinary people couldn't afford, and the hundreds of procedures to go through to get land were also very troublesome.
In the past, when local governments sold land, they often sold more than a dozen hectares or dozens of hectares, and at once they recovered billions of yuan.
But now it's different, for the locality: fly meat is also meat.
The key is that many counties and suburbs of the city have a real surplus of houses, and in the future, Lishui can adopt the practice of selling land to individuals.
It can not only supplement local income, but also improve the quality of local living.
Seriously, this is also the last way out for the property market in small places, and the kind of large-scale demolition and construction in the past will no longer appear in the county.
And once the third- and fourth-tier cities are fully implemented in this way, then I think at least the high-end bungalows and villas market will be hit first, and then the high-end market in smaller cities will be pulled down.
In the future, commercial housing in third- and fourth-tier cities will become more and more worthless.
If you talk about the third and fourth line friends, I will give you a suggestion, you must take advantage of this wave of market, take advantage of the first and second lines to release the purchase restrictions, and transfer the house as soon as possible, after many years, you will understand the gold content of my sentence.
From the direction of this policy traction, the future of individual self-built houses in small cities is likely to be a new direction of real estate, which is like cooking in a restaurant, the restaurant chooses to buy a pig to process and serve it to the guests, but the guests can also choose to buy a piece of ribs and go back to make their own.
With the development of real estate to this day, people who still want to build their own houses are aiming to improve their lives, and the process of building and decorating houses is actually a display of attitude and creative aesthetics.
I have seen many young people on the Internet who go back to their hometowns to build houses, some of them are literary and simple, and some are European-style and luxurious.
Since it is mainly self-occupied, people will not have the same expectation of economic returns as commercial housing, and there will be no negative impact in the long run.
Building a house and decorating can also drive a series of consumption, you must know that the participants are people with relatively strong economic strength, and the follow-up consumption power will definitely not be weak.
Of course, this is also very particular about the local economic level, so this land transfer to individuals in Zhejiang, it is quite reasonable, Zhejiang people basically in addition to buying a suite in Hangzhou, but also pay attention to building a large villa in the county.
With the gradual development of society, the supply of housing should be more diversified, such as Japan and South Korea, there are many one-family buildings, and the United States and Europe are full of large houses.
Our current housing is mainly based on developers building high-rise residences, this structure is too simple, the first and second tier land is scarce, there is no way, the suburbs can really encourage diversified building models.
This time, Zhejiang Lishui sold land to individuals, which can be regarded as activating the power of the private sector to participate in the real estate chain and mobilizing the enthusiasm of ordinary people, which is also a good rescue policy.
As for whether there will be any changes in some rural homesteads, I will tell you later.
PS: In the last two days, many bigwigs have been bullish on Chinese real estate, including UBS, which was bearish on Evergrande back then, and made it clear:
Sales and prices have narrowed this year, and a full recovery will be expected by June 2025.
A sentence of foreign capital is better than a thousand sentences of domestic experts, the market immediately reacted, real estate stocks rose sharply, this time I don't know if foreign capital smelled any news?