Recently, news about the property market has come out one after another, and you can settle down if you buy a house in Nanjing, and the restrictions on buying a house in Chengdu have been cancelled. From these changes, it is not difficult to see that all parts of the country have begun to rescue the market.
However, the most noteworthy news is that on April 26, Zhejiang Lishui sold a plot of land, and allowed individuals to build houses independently or jointly, and after the construction is completed, they also have property rights certificates, and they can also be sold.
The form of self-built housing has always existed, but this model has not been implemented in cities before, and most of the buildings in cities are still built by developers. If you look at the complete process, it is that the place sells the land to the developer, and the developer sells it to the buyer after completing the construction of the house.
You must know that although Lishui is not very famous, both the economy and the housing price level have actually reached the standard of second-tier cities, which can be regarded as a typical example of second-tier cities in China.
Many people believe that if this model is really implemented, it will bring a breakthrough change to the real estate industry in second- and third-tier cities, which is equivalent to buyers directly changing from buying a house to buying land and building it themselves, eliminating the need for developers.
This model will actually be easier for the local government, and this split model will increase the complicated process of selling land. Judging from the status of this Lishui land transfer, this land has a total size of 16 acres, which is divided into six small plots. This also means that the homestead land that was originally sold at one time needs to go through six cumbersome processes.
However, there is no way to do this situation, after all, from the perspective of the overall market environment, many cities have a state where houses cannot be sold. For developers, this means that the expected return on investment costs and the likelihood of return are further reduced.
Therefore, in many third- and fourth-tier cities, many developers are actually reluctant to continue to buy land, but for the local government, the importance of land finance is undoubted, so they can only think of various ways to expand the income of land finance.
In fact, the situation is also obvious today, in the first and second tier cities, there is still a high demand for housing purchases, and at the same time, many developers are willing to continue to buy land and build houses. However, in third- and fourth-tier cities, there has gradually begun to decrease the demand for housing and the willingness of developers to buy land.
In fact, this can also be seen from relevant data, the income from the transfer of state-owned land use rights in the first quarter of this year was 814.7 billion yuan, a decrease of 6.7% compared with the same period in 2023. Judging from this decline alone, it is actually a relatively serious reduction, and if the proportion of the original decrease in 2023 is counted, the decline will be even greater compared to 2022.
If you look at the transfer of land use rights in Lishui alone, it is actually conducive to solving this problem, after all, for many buyers, choosing to buy land and then build a house can not only reduce expenses, but also avoid some risks. After all, nowadays, there are many cases where the developer's house is halfway through the construction and suddenly there is a problem with the funds, resulting in a bad ending.
In the short term, this model is also conducive to promoting the growth of local land revenue, which can alleviate some financial pressure to a large extent. Judging from the current situation, Lishui may be a beginning this time, if there are no problems in all aspects, and the current situation can be well alleviated, then there may be some third- and fourth-tier cities choose to follow up.
In addition to alleviating the pressure on local finances, this can also alleviate the pressure on some suburban inventories and promote the development of some suburban areas. However, on the whole, this is a breakthrough attempt, and the future development is still unknown.
If you agree, please like, welcome to forward, leave a message and share.