According to industry insiders, strong support for affordable rental housing at the policy level will not only help housing enterprises to revitalize existing assets, but also make up for the shortage of market-oriented rental products from the supply side and optimize the supply structure of the housing rental market. In the future, it will be the general trend to increase the construction of rental housing and broaden the supply channels.
Open up rental and purchase channels
In order to support the pilot project, the Sichuan Provincial Department of Housing and Urban-Rural Development has also formulated support policies, including granting subsidies for affordable rental housing to eligible tenants, landlords and tenants who have determined the lease relationship; Landlords can enjoy special support policies, mainly involving tax incentives, preferential prices for civil water, electricity and electricity, support for housing provident fund to pay rent, increase the withdrawal amount, and enjoy the same rights as rent and purchase. In cities with restricted purchases, residents voluntarily bring their own stock of housing into the standardized management of affordable rental housing, and if they have not been listed and traded within 5 years, they can purchase a new set of housing at one time.
How to determine the eligibility to buy 1 new house in the restricted area where the rented house is located? On July 6th, the official account of "Chengdu Housing Construction" WeChat was released, explaining that, for example, after residents' housing applications in Wuhou District are included in the stock of affordable rental housing, they can get the qualification to buy 1 set of new houses in all areas of the city except Gaoxin South Zone. Residents who use their own houses 1 set or more for affordable rental houses 1 set or more can only buy 1 set of houses. Residents who use the only house under their name for affordable rental housing are not recognized as families without houses.
On may 1 1, the leading group for cultivating and developing the housing rental market in Changsha issued the "pilot implementation plan for promoting multi-agent supply and multi-channel guarantee of rental housing in Changsha" (hereinafter referred to as the "plan"), which clearly stated that the housing rented out to the outside world would not be included in the number of family housing units.
According to the "Program", Changsha selected Changfang Group and Changsha Housing and Construction Group as pilot enterprises, and carried out the revitalization of stock houses as a pilot project for rental housing. Before the implementation of the "Program", houses that have been registered for online signing or real estate registration will not be included in the calculation of family housing units after they are revitalized for rental housing. Through the pilot, we can not only improve the utilization rate of existing housing, but also increase the supply of rental housing, stabilize the housing rental market, and promote the balance between occupation and housing and a virtuous circle of the real estate industry. Strive to raise no less than 6.5438+0.5 million sets of rental housing by the end of 2025.
Strong policy support
In May 2022, the Opinions on Further Revitalizing Existing Assets and Expanding Effective Investment issued by the General Office of the State Council clearly stated that the key point is to revitalize the assets of infrastructure projects with large stock, good current income or great growth potential, including affordable rental housing.
From the local point of view, in order to speed up the raising of affordable rental housing, many places have adopted flexible and diverse measures.
On June 22nd, the Housing and Urban-Rural Development Department of Hubei Province issued the "Implementation Opinions on Accelerating the Solution to the Housing Difficulties of Basic Public Service Personnel", which clearly stated that unsold commercial houses of real estate development enterprises can be voluntarily included in affordable rental houses, allowing rent before sale. Commercial housing projects are equipped with affordable rental houses held by the government, which are allowed to be rented first and then sold. Commercial housing projects are equipped with affordable rental houses owned by developers, and land is allowed to be rented first and then sold. After five years of lease, the lessee may apply for conversion to * * * property housing and purchase part or all of the property rights; The rent paid can be included in the purchase price; * * * After the ownership housing has been held for 5 years, the holder can apply for the listing of commercial housing under the condition of purchasing all the property rights.
On June 17, WeChat official account "Wenzhou Housing Construction" issued a document saying that it would speed up the raising of affordable rental housing. We will expand the scope of raising affordable rental housing, and state-owned enterprises will purchase commercial housing at preferential prices, giving priority to the purchase of policy housing with commercial housing projects.
Revitalize existing housing
Yan Yuejin, research director of the think tank center of Yiju Research Institute, said that affordable rental housing has received multiple support from the policy level and the financial level, which is conducive to housing enterprises to revitalize existing assets.
Taking Sichuan Province as an example, based on the reality that one household has many houses and many households have no houses, raising affordable rental houses is conducive to further revitalizing the housing stock in the market, improving the utilization efficiency of housing resources, cultivating and developing housing rental enterprises, alleviating the structural supply shortage in the housing rental market and promoting the stable and healthy development of the housing rental market.
Dtz said that the development focus of policy-based rental housing has basically completed the full protection for people in need, and moved towards the housing protection for new citizens and young people struggling for urban development. The supply of market-oriented long-term rental apartments and policy-based rental housing enriches the supply of housing in the housing market, and provides differentiated and multi-level rental housing to meet the needs of different groups of people while filling the "short leg" of the rental market.
Dtz believes that renting a house reduces a large down payment compared with buying a real estate, and the rent in hot cities is often lower than the monthly payment, so the corresponding opportunity cost can be used not only to improve the quality of life, but also for other investment products to maintain the liquidity of funds. At the same time, in the direction of "housing without speculation", the rapid rise of housing prices has been curbed, the demand for rental housing is expected to further expand, and more diversified requirements are put forward for products and services.
"As an important part of the security system, the rapid construction of public rental housing and affordable rental housing has been put into use one after another, which has made up for the shortage of market-oriented rental products from the supply side and optimized the supply structure of the housing rental market." The relevant person in charge of dtz said, "In the future, it will be the general trend to increase the construction of rental housing and broaden the supply channels."