Falling house prices and China's entry into the house

May 4th, Premier Li Keqiang chaired a State Council executive meeting to determine the cultivation and development of the housing rental market measures to promote new urbanization to meet the needs of the masses of housing. The meeting pointed out that the implementation of the purchase and rent simultaneously, the development of the housing rental market, is an important part of deepening the reform of the housing system, is conducive to accelerate the improvement of residents, especially the new public housing conditions, and promote the process of new urbanization. For the development of the housing rental market, the State Council executive meeting launched a total of four initiatives, respectively, from the housing, public rental housing monetary subsidies, tax incentives and market norms, to give housing rental market support.
For the development of the housing rental market, the State Council executive meeting launched a total of four initiatives, respectively, from the housing, public rental housing monetary subsidies, tax incentives and market norms, to give housing rental market support.
One, the development of housing rental enterprises, support for the use of housing has been built or new housing rental business. Encourage individuals to rent their own homes in accordance with the law. Permit the commercial use of the housing and other rental housing in accordance with the provisions of the.
Two, to promote public rental money, the government to provide subsidies for the protection of the object through the market. In cities and towns stable employment of migrant workers, new jobs and young doctors, teachers and other professional and technical personnel, who meet the conditions should be included in the scope of public rental housing.
Three, improve tax incentives, to encourage financial institutions to increase support, increase the supply of rental housing land.
Four, strengthen supervision, the implementation of a unified rental contract model text, standardize the intermediary services, stable lease relations, to protect the legitimate rights and interests of the lessee.
China encourages the housing rental market has been put out for a long time, as early as at the beginning of the year of 2015, the Ministry of housing had issued "on accelerating the fostering and developing the housing rental market guidance", and proposed that the government should set up a good rental information service platform, foster housing lease management institutions and encourage developers will hold its listings to social rental, housing stock to make a transition to lease type of pension or tourism, real estate, promote real estate investment trust fund pilot projects, plans to use three years time, the basic form of multiple channels, total balance, reasonable structure, standardize services, a sound system of housing rental market.
Policies to encourage individuals according to their own rental housing, will allow the commercial housing in accordance with the provisions of the reconstruction for rental housing, and support have been completed using the housing or new housing leasing business. These will undoubtedly expand the housing pool ". Some have the opportunity to upgrade the inventory of housing transformation, to enter the rental market, extending its industrial chain, so that it can enhance the liquidity of its assets, reduce the risk of capital chain rupture. In addition, if appropriate tax incentives and financial support, reduce the balance sheet pressure of housing rental companies also play a more important role in the inventory, and has a greater development space.
At present, in to the stock, if can let everybody know that buying a house is not a single plank bridge, rent can also integrate into city life, then the relationship between supply and demand will have greater flexibility, the market in the allocation of housing resources can play an effective role.