The real estate market has always been an important pillar of the national economy, and it is also related to the dream of thousands of families. In recent years, due to multiple factors, the problem of excess real estate inventory in some cities has become increasingly prominent, which has adversely affected residents' housing purchases. In order to maintain market stability and protect people's livelihood, the central government has recently introduced a series of pragmatic measures aimed at resolving inventory pressure and standardizing market order.
Faced with the grim situation of rising inventories, the government decided to act decisively. First of all, for the stock of housing that has been unsalable for a long time, the government will purchase this part of the property according to the actual situation and reposition it as affordable housing. Through government acquisitions, it can not only directly dissolve the inventory, but also provide the opportunity for the majority of homeless families to buy affordable housing.
Second, for new housing projects that have not yet been completed, the government will increase financial support to ensure that these projects can be completed and delivered on schedule. On the one hand, the government will guide banks to give developers reasonable support for loan renewal; On the other hand, qualified real estate enterprises will also be encouraged to raise construction funds through the issuance of bonds and other means.
In addition, in order to attract more demand for housing into the market, the government will also introduce favorable policies from various aspects such as interest rates and taxes. For example, appropriately relax the threshold for housing loans, or reduce or exempt some deed taxes and business taxes. For low- and middle-income families, they can also enjoy certain financial subsidies for the purchase of affordable housing.
Finally, the government will comprehensively strengthen the supervision of the real estate market. First, the developer's capital operation will be more strictly reviewed to prevent misappropriation of funds and illegal operation; Second, illegal acts such as indiscriminately raising housing prices and holding up listings and reluctant to sell will be severely punished to maintain market order.
After the introduction of macro policies, local governments also quickly took action to actively implement the central government's deployment. Taking Hangzhou's Lin'an District as an example, the district government took the initiative to take a new measure of "acquisition and sublease", which effectively revitalized the local real estate inventory.
A number of commercial residential communities under construction in Lin'an District have faced greater sales pressure due to poor market conditions. In order to prevent debt risks and avoid defaults, the Lin'an District Government made a decisive decision to use financial funds to purchase all the houses in these new communities at market prices.
Unlike other shantytown renovation projects, the Lin'an District Government has acquired new, unoccupied commercial housing. This not only avoids complex issues such as demolition and resettlement, but also ensures the quality of housing and provides a solid physical foundation for future public rental housing.
Of course, the implementation of the "acquisition and sublease" program requires a large capital investment. The approach of the Lin'an District Government is to first use the funds in the district-level budget to advance the payment; At the same time, it also actively applies for subsidies from higher-level governments and obtains special financial support from provincial and municipal finances.
In addition, Lin'an District has also set up a special public rental housing operation company to be responsible for the subsequent management, distribution and operation of these acquired properties. The operating mechanism will follow the principle of marketization, and the rent level will be appropriately approved with reference to the leasing market of the same location. In the future, these public rental housing will be distributed and rented out to groups such as homeless families and newly employed people in the city.
In the long run, the Lin'an district government's approach not only resolves the short-term inventory pressure, but also contributes to alleviating the housing difficulties in the region. It is believed that as long as it is handled properly, through the innovative method of "acquisition and sublease", it will further improve people's livelihood and help the stable and healthy development of the real estate market.
At present, there are still many local governments that take the initiative like Lin'an District. They have actively purchased housing in stock through local financial leverage, which provides experience for reference in resolving inventory contradictions and preventing risks. It is believed that as long as the central and local governments are linked and coordinated, the inventory problem will be satisfactorily solved.
In addition to directly intervening in the acquisition of stock housing, the government's rescue action also focuses on curing the stubborn problem of "unfinished buildings" in the industry. For a long time, in order to obtain funds in advance, some developers often start pre-selling projects before the construction is completed. Once the capital chain is broken, these pre-sold properties can easily evolve into "unfinished buildings", bringing heavy economic losses and huge psychological shadows to buyers.
In order to solve this problem, the relevant departments are studying the feasibility of abolishing the real estate pre-sale system. If it is finally implemented, the developer must ensure that the project has been built to a certain extent at the time of sale, so as to effectively protect the legitimate rights and interests of home buyers. At the same time, the government will also strengthen the supervision of developers' financing behavior, and will severely punish illegal use of pre-sale funds and other illegal acts once it is discovered.
In addition, in order to further standardize the order of the real estate market, the government has introduced a package of regulatory policies that include: increasing land supply and ensuring the source of real estate land; Strictly restrict speculation and speculation to curb the rapid rise of housing prices; Strengthen the supervision of real estate intermediaries, and put an end to illegal activities such as publishing false housing information and covering up and reluctant to sell.
It can be said that this series of policy measures aimed at "working hard from the system" reflects the government's firm determination to manage the real estate market. Compared with the simple and crude "tight mantra" type of regulation, starting from the institutional level is undoubtedly more forward-looking and targeted. Only by establishing a set of effective long-term mechanisms can the real estate market truly embark on a standardized and orderly development track.
The successful implementation of these institutional measures is indeed a great boon for the people. On the one hand, strict supervision will effectively curb the rapid rise of housing prices, and the cost of buying a house will gradually decrease; On the other hand, favorable policies such as the abolition of the pre-sale system will also fundamentally protect the rights and interests of home buyers. More importantly, through comprehensive measures such as resolving inventory and preventing "unfinished buildings", the violent fluctuations in the real estate market will be avoided to the greatest extent and a stable environment will be created for the people to live in peace.
There is no doubt that achieving long-term healthy development of the real estate market will not happen overnight. However, as long as the government makes unremitting efforts to improve relevant systems and mechanisms and strengthen law enforcement and supervision, the real estate industry will eventually regain its vitality and become an important force in promoting economic development and meeting the needs of people's livelihood.