The government work report pointed out that the construction of affordable housing in cities and towns and the renovation of dilapidated houses in rural areas have been further promoted. At the same time, strengthen the construction of new urbanization, vigorously improve the facilities and service capacity of county towns, and meet the growing demand of farmers for employment and settlement in county towns. Newly started the renovation of 39,000 old urban areas, installed elevators, and developed diversified community services such as catering and cleaning.
In further promoting new urbanization, it is mentioned that central cities and urban agglomerations should play a role in cultivating industries and increasing employment. Insist that the house is used for living, not for speculation, and promote the stable and healthy development of the real estate market because of the city's policy. Improve convenience facilities to make the city more livable.
What are the differences between the real estate-related statements in this year's government work report and last year's?
Jaco, Dean of the Branch of Anjuke Real Estate Research Institute, pointed out that from 20 17 to 20 19, real estate changed from destocking to stabilizing the property market. In 2020, we will continue to emphasize deepening the construction of new cities, give full play to the comprehensive driving role of central cities and urban agglomerations, cultivate industries and increase employment. Compared with 20 19, it emphasizes the overall orderly development of cities in urban agglomerations. In 2020, the shed reform was not mentioned, and the curtain of shed reform has fallen. The next step will be to transform the old community.
The report of China Index Academy also shows that this year's government work report did not mention the renovation of urban shanty towns, but this year is the closing year of the new three-year shed reform plan, and the overall shed reform still has a certain volume, which may be significantly lower than the original plan. The special bonds for shed reform were resumed, but only for projects that have already started, and the proportion of superimposed currency resettlement dropped sharply. The support of shed reform to the real estate market has obviously weakened, or it has increased in the field of infrastructure investment.
What is the task and goal of old residential area reconstruction?
According to the report of China Index Academy, since the beginning of this year, the central government has repeatedly stressed the need to strengthen the renovation and upgrading of existing housing to improve the living conditions of residents. In this government work report, it is clearly proposed that 39,000 old urban communities will be newly built and renovated, involving nearly 7 million residents, twice as much as last year, and the intensity will be significantly increased. While improving the living conditions of residents, it can also expand domestic demand and promote effective investment. In 2020, the old community will focus on improving community supporting facilities and municipal infrastructure, and improve the level of public services such as community pension, child care and medical care. In this process, it will also create conditions for the involvement of enterprises, especially property service enterprises, and the market space will be further expanded.
Pan Hao, a senior analyst at RealData, pointed out that according to the data released by the Ministry of Housing and Urban-Rural Development, 1.7 million old residential areas attracted 5 trillion investment. According to the proportion of 39,000 residential areas, the estimated investment is about 1.2 trillion.
According to the statistics of RealData, more than half of the top 50 housing enterprises have carried out urban renewal business, including Country Garden, Vanke, Evergrande and Poly. However, at present, the spatial distribution of urban renewal and old renovation projects is obviously unbalanced, and there is still a lot of room for housing enterprises to invest in this area.
Is there any change in the direction of real estate market regulation?
Jiang Han, a senior researcher at Pangu think tank and a special researcher at Suning Financial Research Institute, said that in the face of downward pressure on the economy, the central government maintained real estate regulation. The government work report once again emphasizes that the house is for living, not for speculation, but it also clarifies the main tone of real estate policy due to the city.
According to the report of China Index Academy, this time, "implementing the main responsibility of the city" was written into the government work report. Since the outbreak of Xinguan pneumonia, many cities have flexibly implemented policies to regulate real estate from both supply and demand, which has played an important role in the stable operation of the real estate market. In addition, the policies of relaxing restrictions on purchases and loans issued by Guangzhou, Jinan, Qingdao, Leshan, Chifeng and other cities 10 have been withdrawn. In the future, under the general tone of "housing and not speculating", local policies will be more flexible to ensure the smooth operation of the real estate market.
What new progress has been made in real estate tax legislation?
In this government work report, there is no mention of real estate tax. 20 18 and 20 19 wrote the real estate tax legislation into the government work report for two consecutive years. Looking back at the statement in the process of promoting real estate tax, since the central government proposed to legislate on real estate tax in 20 13, "real estate tax legislation" has been nailed down, but at the same time, how far the real estate tax will land is still unknown.
20 18 government work report mentioned that "improve the local tax system and steadily push forward the real estate tax legislation."
20 19 government work report also mentioned "improving the local tax system and steadily promoting real estate tax legislation."
But it was not mentioned in this year's government work report. However, on May 18, Xinhua News Agency was authorized to issue the Opinions of the Central Committee of the State Council on Accelerating the Improvement of the Socialist Market Economic System in the New Period, which mentioned that the establishment of a modern fiscal and taxation system should be accelerated and the real estate tax legislation should be steadily promoted.
On May 14, the relevant person in charge of the Law Commission of the National People's Congress Standing Committee (NPCSC) said that according to the arrangement, relevant work is progressing steadily, and relevant parties are studying and drafting the draft real estate tax law.
Source: Newspaper.