Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Steady progress seen on housing solution

By Hu Yuanyuan | Updated: 2018-01-04 07:06
Share
Share - WeChat
Commercial and residential buildings stand illuminated at night in Shenzhen, South China's Guangdong province, Nov 23, 2017.[Photo/VCG]

Development of a long-term solution to the country's housing difficulties is expected to advance substantially in 2018, with long-term leasing one of its highlights, industry experts said.

The solution, which aims to ensure supply through multiple sources to meet demand, is thought to include a long-term leasing mechanism, shared ownership and property tax.

The essence of such a solution is to ensure that houses are used as primary residences rather than for speculative profit, according to Qin Hong, head of a research center under the Ministry of Housing and Urban-Rural Development.

During the annual Central Economic Work Conference, which concluded in December, long-term leasing was first officially proposed and regarded as a cornerstone in developing the rental housing market.

"The conference set the tone for the housing market in 2018 and for years to come," said Hu Jinghui, vice-president of real estate agency 5i5j.com. "Implementation of the long-term solution will be speeded up, with more resources allocated to the rental market."

The size of China's leasing market, now 1.38 trillion yuan ($212 billion), is expected to reach nearly 2 trillion yuan by 2020, according to Huang Yu, vice-dean of Beijing-based property research institute China Index Academy.

"There are bigger opportunities in leasing this year," said Huang. "This is partly due to the government's supportive policies. Skyrocketing home prices in some metropolitan areas also mean residents postpone their first home purchase, creating stronger demand for rentals."

Following the central government-led campaign to encourage more people to rent rather than buy, around a third of the top 30 property companies have entered the long-term leasing market. Some financial institutions and internet companies also have jumped on the bandwagon.

Country Garden, a major listed developer, said in December that it plans to build 1 million apartments for long-term leasing in the next three years.

Hu Feng, senior director of Cushman & Wakefield (North China), a provider of real estate services, said business prospects for long-term leasing are promising.

"With favorable policies, a growing number of business opportunities are popping up, such as real estate investment trusts," said Hu.

Construction of homes with the ownership shared between the government and individual buyers will also be promoted to meet middle-income housing demand, Qin said. In the next five years, Beijing will offer land to build 250,000 shared ownership homes.

Hu at 5i5j.com said work on a property tax has been speeded up to curb speculative home purchases.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 男的把j放进女人下面视频免费| 日韩一级在线观看| 蜜桃麻豆www久久国产精品| 欧美人与动性xxxxbbbb| 99热在线精品国产观看| 久久丫精品国产亚洲AV| 久久精品国产四虎| 人妻仑乱A级毛片免费看| 国产三级手机在线| 国产在线一区二区视频| 国产免费av一区二区三区| 国产精品美女免费视频观看| 国语自产偷拍精品视频偷拍| 婷婷亚洲综合一区二区| 最近中文字幕2019视频1| 欧美孕妇xxxx做受欧美| 欧美精品videossex欧美性| 男人把大ji巴放进男人免费视频| 青草青草伊人精品视频| 超污视频在线观看| 麻豆国产精品va在线观看不卡| 91亚洲国产成人精品下载| 一本之道无吗一二三区| 中国特级黄一级**毛片| 两个体校校草被c出水| 中文字幕国产一区| 一级视频免费观看| 中文字幕日本一区| 丝袜足液精子免费视频| 一二三区免费视频| 中文字幕人妻三级中文无码视频| 久久精品视频6| 久久国产乱子伦精品免费一| 久久亚洲免费视频| 久久99精品久久久久久青青日本| 久久毛片免费看一区二区三区| 亚洲国产成人va在线观看网址| 亚洲精品第1页| 亚洲国产精品一区二区久久| 乱淫片免费影院观看| 久久国产精品自由自在|