Nanchang Urgently Suspends the New Deal of the Real Estate Market and Is Included in the Key Real Estate Watch List by the Ministry of Housing and Urban-Rural Development | New Deal_Sina Finance_Sina.com



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Original title: Nanchang urgently suspends the New Deal of the real estate market and was included in the key monitoring list of the real estate market.

In the context of “housing and life without speculation”, Nanchang, the capital of Jiangxi province, which is preparing to moderately relax the real estate market, prompted an interview with the supervisory authority and was asked to withdraw the new documents real estate and immediately Correct it.

  Ministry of Housing and Urban-Rural Development places Nanchang on key real estate market watchlist

On March 24, the Nanchang Municipal People’s Government Office issued five industry advisories that included “Various Policies and Measures for the City’s Industrial Economic Attaché” (hereinafter “Various Policies and Measures”). Among them, “Promotion of the stable and healthy development of the city’s real estate market” “Various policy measures”, adjustments have been made in 9 aspects, including the supply of land for houses, the policy of buying houses, the support of talent housing, the home sale pricing mechanism, and the oversight of commercial housing advance sale funds. The original implementation time is April 20 to December 31, 2023.

However, some clauses of this policy are incompatible with the requirements to stabilize land prices, house prices, and stabilize expectations. On March 25, Jiangxi Province took immediate action. On behalf of the provincial government, the responsible colleagues interviewed the main responsible colleagues of the Nanchang municipal government and ordered Nanchang to immediately correct, eliminate the negative impact and ensure the stability of the market.

On the same day, the Ministry of Housing and Urban-Rural Development (hereinafter referred to as “Ministry of Housing and Urban-Rural Development”) and the Jiangxi Provincial Government met by videoconference, requesting the Jiangxi Province and the city of Nanchang seriously improve his political positions and firmly understand whether the house is used for living or not. The positioning used for speculation, not using real estate as a short-term economic stimulus, insisting on real estate regulation and control unswervingly, ensuring the realization of stable land prices, stable house prices, stable expectations, and striving to solve the pending problems of housing in the big cities.

At the same time, the Ministry of Housing and Urban-Rural Development has included Nanchang in the list of key cities for monitoring the real estate market and has strengthened the supervision and management of the real estate market in Nanchang. The Ministry of Housing and Urban-Rural Development is reported to have sent a supervision team to Nanchang City for on-site supervision.

So far, along with the previous Shanghai, Shenzhen, Hangzhou, Wuxi, Chengdu and Xi’an, in 2021, the Ministry of Housing and Urban-Rural Development has overseen the regulation of the real estate market in seven cities.

  What is “the same right to buy a house in the Greater Nanchang metropolitan area”?

According to the “Various Policy Measures”, Nanchang will launch the “Same Right to Buy Houses in Greater Nanchang Metropolitan Area” to promote the circulation of housing resources.

The New Deal is still unleashing the housing market at the level of house and land prices. These include changing the single land transfer method of “limited house prices and competitive land prices”, and key development areas or the transfer of parcels without limit on house prices and land prices. ; In order to temporarily relax the pre-sale conditions of new built commercial housing, the supervision ratio of the pre-sale fund will be reduced from the original 50%,%, 60%, adjusted to 20%, 30%, etc. respectively.

Zhang Bo, dean of 58 Anju Guest House Industry Research Institute, analyzed by China Business News that most of the nine new policies introduced by Nanchang this time are orderly regulation of the market, favoring the introduction of talents. However, it should also be noted that in the New Deal, some of the content related to house prices and land prices deviates from the “three stability” requirements, which may be the main reason for the withdrawal. policy emergency.

He also believes that the proposal of “the same right to buy houses in metropolitan areas” allows non-local residents to buy houses in accordance with local policies of buying houses with payment of taxes or social guarantees, which will greatly increase Nanchang’s real purchasing power. , which does not favor the stability of the real estate market, and even the phenomenon of real estate speculation.

The so-called “same right to buy housing in Nanchang metropolitan area” specifically refers to Nanchang city, Jiujiang city, Linchuan district and Dongxiang district in Fuzhou city, Fengcheng city, the Zhangshu City, Gao’an City, and Yichun City in the Greater Nanchang Metropolis Circle. Residents in Jing’an County, Fengxin County, Poyang County, Yugan County, Wannian County of Shangrao City and other places enjoy each other’s home purchase policies for the local population; personal income tax or social insurance is paid in the Greater Nanchang metropolitan area certificates and other places (urban social insurance) are mutually local payment certificates, and non-local residents can buy houses according to the policy local home purchase by paying taxes or social guarantees.

Li Yujia, principal investigator at the Guangdong Housing Policy Research Center, told CBN that this policy is a way to support and even stimulate the real estate market through urban planning, relaxation of suburban settlement policies, and talent policies. “If implemented, it will send a bad signal to the market and society, increase and accelerate the demand from the peripheral population of Nanchang to buy houses in Nanchang. This obviously works against ‘not using real estate as a short-term economic stimulus. ‘”. ” He said.

  Why do we need to support the city?

Li Yujia further explained that since last year, Nanchang’s real estate market has been relatively weak, and the volume of new and second-hand home transactions has declined significantly. From a transaction volume perspective, according to relevant data from the E-House Research Institute, from January to November last year, among the monitored year-on-year growth rates of newly built commercial residential homes in 40 cities across the country, the volume New home transactions in Nanchang fell 27% year-on-year. The last place in the city number 40; In terms of second-hand housing, the relevant research report from the National Policy Research Institute shows that from January to November last year, the volume and price of second-hand housing in Nanchang fell. Among them, the total volume of transactions was 19,037 sets, a sharp drop of 24.5% year-on-year.

After entering 2021, Nanchang’s real estate market is still in a recession. According to the National Bureau of Statistics, in February, average prices for new and second-hand homes in Nanchang were lower than the national average. Among them, in the price of new housing, Nanchang rose 0.1% month-on-month in February, 0.2 percentage points less than the previous month; In terms of second-hand house prices, Nanchang rarely experienced negative values, which fell 0.1%. % month-on-month in February, and the growth rate fell 0.6% from the previous month. Percentage points.

In order to increase the potential demand for home purchase, it is established in the “various policy measures” that have been withdrawn that “the same right to purchase a home will be implemented in metropolitan areas.” Yan Yuejin, director of the Think Tank Center of the E-House Research Institute, analyzed that if the purchase restrictions are released in the Nanchang metropolitan area, more residents of the metropolitan area will be attracted to Nanchang to buy properties, and the real estate market of Nanchang could become the biggest beneficiary. The data shows that, as of 2018, the registered population of the Greater Nanchang metropolitan area was about 18.86 million, of which the registered population of Nanchang was 13.54 million. At the same time, according to existing policies, mutual recognition of social security years is also implemented for unregistered population in Greater Nanchang Metropolitan Area. This means that if the restrictions on purchases in the metropolitan area are removed, the number of potential home buyers in Nanchang will increase dramatically.

He also believes that this is closely related to Nanchang’s purpose of “strengthening the provincial capital.” The “Greater Nanchang Metropolitan Area Development Plan (2019-2025)” established that the total economic volume of Nanchang is small and Nanchang’s leading role in the province is insufficient; regional integration and complementarity are insufficient; the level of economic and social development of the surrounding provincial capitals are obviously high. In the Nanchang metropolitan area, it is the main problem that currently exists in Nanchang and needs to be overcome.

“But it is undeniable that this policy will also induce local real estate companies and intermediaries to exaggerate, and may cause Nanchang real estate market to heat up abnormally. Therefore, the emergency withdrawal of the policy is also reasonable,” Yan Yuejin said.

Li Yujia believes that the use of metropolitan planning to stimulate the disguised real estate market has been tried in many places in the past two years. For example, at the end of 2020, the latest settlement policy for the seven districts outside of Guangzhou and the new settlement policy for the four districts outside of Nanjing have more or less similar implications. “Previously, during the epidemic, the local real estate market was relatively stable and these policies can be passed. Today, the real estate market in various places is generally tighter and regulation is constantly increasing. In this context, another city has issued a He pointed to relax the regulation of the real estate market and issued a comparison. When a clear policy is made, it will inevitably be stopped by the supervisory authority. ” He said.

Regarding the recent trend of real estate market regulation, Li Yujia believes that from the recent policies of Chengdu, Xi’an and Nanchang, the determination to regulate and control is obviously increasing. This also means that the current policy of regulating the real estate market will be stricter than in the second half of last year.

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Editor in Charge: Zhong Xian

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