Affordable housing, thought of as belonging to a certain interest groups, is it really becoming increasingly close to public? Are they really related to those miserable sandwich? The newspaper’s “Ten Questions about affordable housing,” put forward the ten questions people are most concerned, and interviewed Housing Construction Bureau and experts involved in the design of affordable housing, hoping to let the public more clearly see the affordable housing and whether it will relate to us.
After NPC and CPPCC, the data circulated in Shenzhen is that there will start 105,000 units of affordable housing. For Shenzhen who lacks land badly, it is like an astronomical figure. Then, there is the government come out to clarify that because the task is too large, the final task is modified to new construction of 73,000 units. Regardless of which figures are explained, Shenzhen affordable housing to increase in intensity.
Inside the interview, many experts point out, without exception, for construction of affordable housing, construction and distribution is not the most important, land and capital is the most important.
Land and capital required for affordable housing must be obtained in another way
In accordance with the “Twelfth Five-Year Plan” of Shenzhen housing construction, the task of building affordable housing is 24 million units, including 176,000 units of commercial housing and 6.4 million units of public rental housing, the 2011 mission, while not finalized, but most likely is the city’s construction schedule (refer to new grant) 60,000 units, new construction 73,000 units, completed 10,000 units. For the previous statement 105,000 units, Shenzhen City Housing Research Association executive vice president, the Secretary-General Chen Ai Pin said, if it is 105,000 units, he did not know how to deal with land issues, Shenzhen developable land on the remaining 140 square feet km, which is only used for residential over 10 square kilometers, is certainly not enough. Chen Ai Pin said that at present the most likely to do for Shenzhen is land innovation, is to consider various suitable forms of legalization of historically illegal construction, converting them directly into the supply of affordable housing. “In fact, these small property and peasant house many have no problem, but the procedures are not legitimate.” Chen Ai Pin, said volume of these historical illegal construction is very large, accounting for about 50% of Shenzhen housing, resulting in a waste of social resources, if can be included in, the most headache issue of affordable housing can be easily solved.
In this special report of the interview, Chen Ai Pin with views close to many experts, such as senior real estate people He Chengjun and Development Institute (Shenzhen) Travel and Real Estate Research Center, Ding Song, all that land reform is very important, small property room should be integrated into the supply of affordable housing.
In regard to funding, there is also an open question. Chen Ai Pin disclosed that let developers to do the construction is one of the good way. But for such a large investment in public rental housing, construction is slow and return is low, the financial allocation alone is certainly not enough, there are many financing channels, such as housing funds, bank loans, but they are not very smooth.
Shenzhen in the future will strengthen the protection of sandwich and talent
You ask 10 white-collar workers whether the affordable housing is related to them, the answer is usualy no. An industry insider revealed that in the previous application of affordable housing, a lot of people just use them for profit. Adding that every year there exposed frauds of people applying for affordable housing, it is difficult for ordinary people to feel that affordable housing is related to them.
During the interview, we found a problem. In fact, for the public, land and capital are issues of government, and they just want to see the results, but the impact on the market and whether affordable housing has impact on their own future. In the Twelve-Five year plan, Shenzhen permanent low-income families have been basically guaranteed; sandwich and talents be incorporated into affordable housing. This is a very clear trend, especially in human resources, the government has clearly felt the lack of talent on urban competitiveness, thus increasing of housing construction for talents.
In fact, this is a good news, you can see, in the next few years, maybe the market will really change. According to the industry insider, the average residential price will be lower as for Shenzhen affordable housing prices’ undercut, the average person will be able to buy a house.
I asked: how many?
About this year in Shenzhen affordable housing plan, after NPC and CPPCC, assertion is 105,000 units, refers to arrangements construction or new construction? Are you sure you plan so much?
Status: more than 10,000 units completed, more than 40,000 units have been started
“10.5 million units refers to new construction, but later apply for adjustment, the latest plan is likely to be this year to arrange the construction (of the new grant, and implementation may supply through other channels of affordable housing amount) 60,000 units, new construction 7. 30,000 units, completed 10,000 units. “Shenzhen City building housing the Bureau of housing security Department official said, he said the program is the latest escalation of the municipal government, pending final approval, it is estimated that 105,000 units of volume has less possible because the current land and Shenzhen fund affordable capacity has been exceeded, especially based on the special nature of the scarcity of land resources, the province made only with special instructions to Tiaojian assignments.
Wherein, by the amount of affordable housing, the amount of newly started construction schedule planned for this year is bigger than this, housing security department representative said because there is not yet started, but there are more scheduled construction of affordable housing land, about the amount of more than 70,000 sets. In the near future there will accelerate the consolidation of these plots.
According to the Shenzhen City building housing Bureau’s data show, 2007– 2010 four years between to raise affordable housing projects to a total of 119,000 units. As of last October, a total of 34 projects have been completed 10239 sets, construction started has a total of 41007 units 21, and the remaining 45 projects 67772 sets at an earlier preparatory stage.
Expert advice: the acquisition of small property, solve the problem of land
“In accordance with the concept of affordable housing generally understood, Shenzhen this year, 105,000 units, 105,000 units if it is, it is absolutely not finish.” Development Institute (Shenzhen) Travel and Real Estate Research Center, Song Ding said. In his view, the current status of capital, land, institutional, regulatory and other construction of affordable housing in Shenzhen in terms of the amount is not realistic, the greater significance is urged “as much done.” Currently universal affordable housing on three categories: Housing prices, low-cost housing and affordable housing, and Shenzhen will also incorporate numbers of Talent Housing. This has a certain amount of completion, be considered to come in favor of “mission accomplished” .
In addition, Ding Song again recommended that the Government acquired small house property, those bearing the actual function of urban low-rent housing property through quality inspection, fire safety, etc. into a unified management justifiably low-rent housing. It not only solve affordable housing assignments and lack of land for construction, but also solve small property security risks and social problems.
Second question: Location
How to choose sites for affordable housing? The government expects when they can choose the new project site and when they can do the job?
Status: According to the distribution of housing needs and configuration
According to the Shenzhen Bureau of Housing and Housing Security Department, r, this year the construction schedule and the new construction of affordable housing will be mainly located in Longhua, Longgang, Pingshan and Guangming New District. Planned new construction, the municipal government and social units 73 000 units (including enterprises) was 1.9 million units, the remaining sub-districts to build, in addition to Qianhai Area, the city’s various regions will have separate plans amount (6 plus the traditional administrative and Guangming New Greeting). The official said this year construction schedule of the amount of affordable housing, the site will probably be finished by October, the financing in place.
“The principle is generally based on the distribution of the housing needs of each region and the amount of configuration, location, type and so on.” Housing Security Department official said, has been basically established, he said affordable housing construction in Shenzhen will be public rental housing and housing-type housing mainly in the form of rent to the former efforts to solve the housing problems of low-income people, the latter in the form of limit sales efforts to solve the housing problem of sandwich and talent. Under this direction, as it will be the center of the main commercial housing type, Longgang, Pingshan and other places of public rental housing will be based.
Expert advice: to facilitate public transport as the first element
Because affordable housing has higher building density, mainly to small and medium size, high population density residential, vehicle and household ratio is low, so the proposed site Ding Song proposed to facilitate public transport as the first element, try to choose the subway, especially a larger space, convenient transportation hub near the population distribution. Luohu District People’s Congress David Shaw United States is considered to be a “dispersion, obtained locally” principle, such as the current available land and affordable housing construction largest Longgang District, some people say affordable housing go so far away, there are large industrial areas in Longgang, where low-income migrant workers need to solve the housing problem nearby, and with the promotion of the integration of the SAR, “outside” of the package will also be improved, with gradually narrowing the gap between the downtown area; and Futian, the Lo Wu scarcity of land can be developed, to make the transformation of villages into the construction of affordable housing in the index to thereby solve the housing problems of low-income people in the region.
Three questions: funds
If the land transfer 10% of net income to support affordable housing construction, there will be much money gap, how to solve?
Status: social investment will be the part to mobilize
As we all know, Shenzhen “lack of land”, in recent years, only a handful of the government to sell the land, the land transfer by extracting the construction of affordable housing, can be described as inadequate. According to the Shenzhen Bureau of Housing and Housing Security Department official estimated that 10% of land in Shenzhen year net income of only about 200 million yuan, and this year plans to start 73,000 new units, even if only by 100,000 each yuan costing, but also 7.3 billion yuan.
In the “Shenzhen housing construction plan (2011-2015)” (draft), showing that housing security funding will include: the city district government budget funding arrangements; land, in accordance with an annual net income of not less than 10% Government revenue sale or rent affordable housing and supporting facilities obtained;; social funds donated; according to the law to raise from the city housing fund and other sources of funding proportion of funding arrangements.
According to the Shenzhen Bureau of Housing and housing security department representative, Shenzhen will be mainly through an integrated primary housing fund, land fund, the budget, and to attract social funds through preferential policies to solve the problem of affordable housing funds, social investment which will be vigorously launched in the construction of affordable housing. In “Twleve- five” construction fund accounted for about 60%.To be specific, Shenzhen ‘s affordable housing construction will be mainly public rental housing and housing-type commodity housing, among which public rental housing’s main source of funding include bank loans, business (by rental income), funded enterprises constructed the building (after the completion of the government repurchase) and other means; housing-type commodity housing will mainly mobilize social capital, developers to participate, and then sold back to developers.
Expert advice: establish a social fund to attract private hot money
“You can do something about mainly through social capital, in this respect. First, the government should give appropriate balance the interests of developers, such as through land, floor area ratio, tax and other preferential policies; the second is to enhance affordable housing construction rules and norms, supervision and transparency of information, so that enterprises involved in rule-based, budget draw their own interests gains and losses, prospects and other risks, so dare to have more business, willing to get involved. “Song Ding said. At the same time, he proposed the establishment of a special social fund construction of affordable housing to attract private hot money, so there are idle funds of ordinary people as well as the development of non-professional companies also have the opportunity to invest affordable housing, incidentally, this also ease the current liquidity surplus, idle scurrying everywhere pushed the price issue.
Xiao youmei, suggests that other than mobilizing social capital to participate, it can also be considered that bank lending resources through measures inclined to the direction of affordable housing, such as to provide for part of the bank, how much percent of new loans to be used to meet affordable housing building needs. The bank insiders reflect, property protection of housing is not clear, there is no land ownership, bank loans, trusts, funds, insurance and other funds including yet not dare to enter.
Four Questions: Participants
Government’s has so much inability construction, developers are now wishing to participate actively, to ask whether the public participation system?
Status: employ the model of developers build and governments repurchase
August 2010, Longhua affordable housing projects built by China Vanke launched, which is the largest ever in Shenzhen affordable housing projects. On this project, Shenzhen took the lead in the government-led, on behalf of the general contracting construction enterprises to participate in construction mode, the introduction of large-scale real estate developers to participate in the construction of affordable housing.
Behalf of the construction general contracting mode, that is, through open tender to select a lead by the real estate business, survey and design, construction and participate in the formation of the consortium, signed a general contract on behalf of the construction, real estate development company responsible for completing the whole process of project construction. Currently, Vanke, China Merchants, Gemdale, FTLife and other brand developers are involved in this model.
“On the way to introduce developers to participate in affordable housing construction, Shenzhen is the forefront of the country.” Shenzhen City building housing the Bureau of Housing Security Department official said confidently. He said in addition to the agent construction general contracting outside face of incremental housing program this year, also need to explore a more flexible way to launch enterprises to participate in, such as the construction of public rental housing, there are plans to use funded enterprises to be built way, after the completion of government repurchase, or it may be made of the business, earn low and stable long-term returns in the range of government price of rent.
Expert advice: standardized processes and systems to improve transparency
Developers decided to participate in the construction of affordable housing initiative, one problem profits, the second is the problem of market share, with the increase year by year the amount of affordable housing construction, the future size of new affordable housing even more than new housing, then no developer will not participate, but visionary developer but has now begun to be actively involved.
“Currently, the participation of developers are more passive, as in a government land transfer additional conditions to be bundled part of the construction of affordable housing, but to launch more actively involved in the development of enterprises, requires a unified, transparent participation mechanisms, it is possible to understand the calculation of each project investment, harvesting, allow enterprises to estimate risks and opportunities, competitive fight. “Song Ding said. Xiao Youmei, believes that the current protection of housing construction is slow, long time allocation, as such funds will increase investment costs and risks involved in the enterprise, so to attract enterprises to actively participate prerequisite for government approval but also to improve efficiency, standardize processes and increase the transparency of the system.
5 Q: Deal
Protection of housing should be arranged in the central region, or remote areas?
Status: 9 percent of low-income housing is located in Guanwai (关外)
Shenzhen in the construction of affordable housing will be built where the distribution? Kannai area and near pass a small amount of the distribution, but the distribution of more affordable housing farther customs. At the end of 2009 “issued by Shenzhen City housing construction plan for 2010 implementation plan” (draft), the proposed land area of affordable housing arrangements, customs accounted for 96.2%. In this program, property new push all MTR stations real estate is no affordable housing.
2010 annual implementation plan affordable housing land pre-schedule published in mid-away, 14 plan to start building all the land in the customs, which are located in Guanlan, Kengzi, Dalang, Longhua, Henggang, Guangming, Shiyan, Gongming, Fuyong, Kwai Chung, Buji and Longgang Town Center. Which is located in Longgang Town Center and bright talent apartment belongs.
Not difficult to see from land distribution, although more land is already in the Towns of traffic is a convenient location, but the highest concentration of employment away from Futian, Nanshan and Luohu terms it is “remote areas.” However, the Government is also aware of this, in May 2010 introduced the “Shenzhen City of affordable housing construction standards (Trial)” draft that is that the future security of the settlements siting areas should be covered within the scope of the bus station 500 m radius or subway 800 m radius of coverage area.
Expert advice: the best off walking along the peripheral site subway line
“The government needs to take into consideration when planning the affordable housing land, not the completion of construction tasks in the first place. Building a house is not difficult, but to be built in line with the housing needs of low-income groups of the house is more of a challenge because if affordable housing unscientific land site, a direct result of vacancy, it would be a greater waste of resources, especially low-cost housing, low-rent houses provided by the government, but the plot is too far increases the time and transportation costs, also a direct result of vacant house. “Shenzhen Polytechnic Institute of Real estate Dengzhi Wang said.
He suggested, have been awarded in the construction of affordable housing, the government needs to be tilted in public facilities, especially public transport and living facilities; still not planning to sell land, it is recommended to consider more convenient than the current traffic area. “I suggest the Government to do more research before the grant of qualifying income groups subdivided according to population and industrial planning to the overall layout of the distribution of the affordable housing.
Midland National Research Center director Xu Feng said that the property, now the customs land cost of land, construction of affordable housing scale unrealistic, but the location in the customs should give more consideration to rail transport. “Suggest site along the subway, but it should not be too biased. In doing low-rent housing design, it should be noted as not to slum formation, strengthen community property management. Select the area should be as close to the metro BR T Extension and the land around the site , facilitate travel, “Xu Feng said.
Six Questions: rental
Affordable housing should be the main rent, or to sell to live?
Status: Rentals and Anju （安居） accounting for about 2: 8
This is the industry has long been controversial topic. When affordable housing is allocated in questioning, affordable housing to rent or to sell mainly dominated more become a hot topic. Shenzhen recently introduced the “Shenzhen housing construction plan (2011-2015)” (draft) in the list display: in 2011, Shenzhen plans to build affordable housing 2.66 million square meters, of which 800,000 square meters of public rental housing, 1.86 million square meters of commercial housing type; 2011–2015 years, five-year plan, the Shenzhen will be built 13.76 million square meters of affordable housing, including public rental housing 3.2 million square meters, 10.56 million square meters of commercial housing type. If calculated at five-year plan, rental housing accounts for more than 23%, accounting for 77% of Anju.
Expert advice: to sell mainly closer to the reality of the current Shenzhen
“Affordable housing rent is based, or to the sale of the main? I believe that Shenzhen should learn to Singapore, Hong Kong, rather than learning.” Dengzhi Wang said. He believes that the proportion of low-rent housing and Anju in 3: 7 more appropriate, in line with China’s current economic model, a high proportion of its own housing residents also help to improve well-being. Dengzhi Wang said that at present China is in large affordable housing construction period, but the source of funding for affordable housing is a big problem, if the rent will make the main rate of capital return slowed considerably, resulting in a negative impact on the overall construction of affordable housing.
Xu Feng expressed this view agree. In her view, the current government to explore with land transfer payments, social security funds, housing provident funds, insurance funds and other sources of construction of affordable housing, has caused widespread controversy, and there are many wrong. In this case, the main terms of the construction of public rental housing, first of all interested in participating in the construction of developers will be greatly reduced, while the government return the funds will face a big problem.
“Anju now exist many problems in distribution, but the exact link is still can be further improved if the allocation is changed because of the construction of direction, can be described as ‘unworthy’ in affordable housing equitable distribution, fair and transparent on this point, Shenzhen, Hong Kong can learn . “Dengzhi Wang said. He suggested that affordable housing could be considered for sale are not allowed to change the provisions of 5 years, affordable housing if the owners want to sell houses, by the government to repurchase, which then flows into the next part of the affordable housing units in the purchase.
Seven Questions: sandwich
Affordable housing to benefit the sandwich class, this concept was put forward to for a long time, how long can we achieve?
Status: basically popularized domicile sandwich
Early last year, the Shenzhen housing program from the original 22,300 raised to 50,000 units put on when, and the increase of the amount of benefit target groups directed at “inconsistent with standard and low-income groups can not afford the 20,000 yuan / square meter high prices “of the” sandwich class “and Shenzhen in urgent need of all kinds of talents. Direct media said it was the practice to improve people’s livelihood and well-being. Earlier this year, Shenzhen Vice Mayor Lu Ruifeng and mentioned again the crowd who obtain affordable housing, saying “we are developing Shenzhen, home type of real estate regulations, the basic idea is Shenzhen household population of families do not own any form of owner-occupied housing, and in the city continuously pay social insurance up to a certain age, can apply for housing waiting list and type of real estate. ”the provisions of the above, the basic concept has spread to the core layer.
Shenzhen City Housing Research Association executive vice president of the Secretary-General Chen Ai Pin, said the sandwich theory, will always be there, Shenzhen’s “sandwich class” mostly not qualified to buy the fitness room, but they can not afford housing in the crowd, but you can sure, in accordance with current practice, it is clear sandwich also mainly for the household population. Shenzhen is now inside the affordable housing, housing type of real estate is set for a sandwich and talent, but non-permanent layer of the sandwich, because too many people in Shenzhen resident, does not yet taken into account; this is the type of people that take into account another category of affordable housing is the public rental housing, can not afford a house is to make a sandwich layer may be to rent public rental housing. Public rental housing concept is very broad, household and non-household registration are included, such as all-powerful methods, now public rental housing program, there are two ways, one the same price, but to give money to subsidize low-income and personnel; another is the use of no-income groups different pricing approach, this is more complicated.
Expert advice: first solve the problem of the immigrant population
“I do not know whether the Government had to do the actual survey sandwich crowd.” Eslite real estate manager Luo Lei said sandwich to realistically look at this issue, I feel that it must first have a more objective assessment of the real, in the end of the current Shenzhen sandwich layer is an example of how living conditions, completely there are no conditions to buy real estate there are many, with this objective assessment, to solve the problem step by step. Of course, a comprehensive solution to the problem, it is not possible, and this class is a class change, may one day become very wealthy, the government in dealing with this problem, when you want the characteristics of this class, better use of public resources to help the needy sectors, to achieve a reasonable level of living, but not to use public resources to make money, so you can not reach original expectations. Of course, there is also the sandwich difficult to face reality and can not be asking for too much government money is all taxpayers’ money, not simply take care of a certain class, to develop a standard, to achieve fair and reasonable. “If you want to develop a city, of course, for non-household population, but the actual operation is difficult, it is imperative to do is the first problem to solve household population, wait until the scale of how much time, and then from the city in favor of long-term development and attracting talent criteria to be considered non-permanent. “Luo Lei said.
Eight Questions: Withdrawal Mechanism
Why is Hong Kong’s affordable housing no deception so many people, and our affordable housing, never clean it? Affordable housing exit mechanism in the end how to set?
Status: Actual operating rules is stepping up development
Shenzhen affordable housing application “nine check nine review”, in the actual procedures and mechanisms is very complicated, but because in the past the huge interest in Shenzhen affordable housing, there were a lot of people to apply for affordable housing fraud case. There is a core issue of affordable housing exit mechanism is not reasonable to develop, leading to frequent problems, eventually became an important reason for the industry to be criticized.
March 15, Premier Wen Jiabao also stressed A press conference for the future of affordable housing construction, management and exit mechanism will now proceed to develop the rules, form a complete management from construction to exit mechanism that allows affordable housing quality and efficiency to give assurance that the future management of affordable housing has also been guaranteed. From Shenzhen, the end of last year, affordable housing exit mechanism began on the agenda, introduced at the beginning of housing construction five-year plan which is also clear that it will strictly trade affordable housing management, the principle of affordable housing has been allocated prohibited traded, according to the relevant policies in line with exchange-traded affordable housing, only by the government to deduct value-added benefits of the repurchase price, and redistributed to eligible security object to achieve affordable housing in low-income residents and talents mechanism cycle distribution.
However, despite the existence of various social voice, the actual rules for the operation has not yet come out.
Expert advice: no market, but also directly to the government house
Chen Ai Pin pointed out that Shenzhen’s low-income groups has basically been guaranteed in the past by the fitness room to determine the 5-year re-listed for trading, the original is to carry out a process of redistribution of wealth, but there is because there are enormous benefits to be made, a lot of people will go to fraud. If not allowed to be traded affordable housing, this problem does not exist, but to distinguish between commercial housing type, since the latter is called the actual real estate, land prices have on the inside, is part of the concept of profit sharing government, housing security has a dual function, one is to protect low income groups, one is to solve the redistribution of wealth, housing-type housing with the actual concept of redistribution. However, the fitness room is free land, previously restricted listed, if you want to cut off the hand of interests, quite simply, allowed to market it, or government into government sub-90%, so there will not cheat by the fitness room?The fitness room is a good in itself, it does not allow the listing, if Exit to quit can also be directly returned to the government house. The key mechanism is allowed to exit unprofitable, rather than strengthen supervision. So I personally think that, after reaching the age of commercial housing type is listed, but the fitness room is the government should not be listed, so things simplified.
Nine Questions: punishment system
What new measures can solve the affordable housing allocation repeatedly appeared “zero assets” and corruption?
Status: “open, just and fair” principle to strengthen
Ten million wealthy people apply for affordable housing is the biggest event of this year to request a review of affordable housing when they were exposed by the media, and in this list apply inside the affordable housing, a “zero assets” is like also repeated. As long as a year to protect the housing application, you always have a lot of things that appear to make social indignation, as in previous years, open luxury car wearing a gold watch lovers, applicants now a little low-key, but there are some kinds of funny property of publicity.
To prevent fraud, housing security departments exertion set up special departments for Applicants “nine check nine review,” but little effect, after several false incident was exposed by the media, the government obviously thankless signs. Earlier this year, Vice Mayor of Shenzhen, Mr Lu said that the future of affordable housing on the admissibility of the application, no matter how reform and improve the mechanism, the core principle that is open, fair, equitable not only constant, but also to be strengthened. No matter batch application processing or set up a special agency to apply for public norm, media monitoring, social supervision and public supervision are essential.
Expert advice: the integrity of the crime severely punished
Chen Ai Pin showing from me personally, mechanisms such as the “nine check nine review” Personally, I oppose the government wasting enormous human and financial resources, but the results are very bad, because the executive branch of government is not able to complete verification of all income citizens source. Democracy cannot prevent crime, but democracy can allow crime to be punished for the future protection of housing application, according to the current affordable housing regulations, this is only the local laws and regulations, criminal law cannot be offside. I suggest that the declaration by the public in accordance with good faith, after thorough investigation. After the application is completed, you can sample surveys, such as 5% of the applicants who use the power of the various departments, such as police departments, banks and so to intervene to check to check overturned, verification process, we found this man perjury, then do according to every aspect of perjury to be severely punished, as long as a city such cases twenty-three cases, you can play the role of warning to others, for the latter applicant will be a great deterrent effect, increasing the cost of crime, flew down times people will consider this fraud cost of crime. Actually, this is a process of civil society, culture, countries such as Japan, the integrity of their penalties for the crime is very severe, places like Hong Kong, why did not affordable housing fraud, because the punishment is the same mechanism is very severe.
Ten Questions: Rate Effect
Affordable housing in the end whether has impact on house prices?
Status: The supply of new homes may be flat
Last year’s housing program from more than 20,000 sets of tune, up to 5 million units, the media was very excited that the housing market may have an impact on, but the fact is that last year’s housing program is just a new start, and to be completed in 2013 years or so, that is, temporarily unable to form the actual distribution, so a limited impact on the market, industry insiders at the time of 50,000 units just a cake.
This year, the original five-year plan which, over the next five years to build 240,000 units of affordable housing, 2011 housing construction task is 60,000 units, but Premier Wen Jiabao put forward the country to build this year, 10 million units of affordable housing after, Shenzhen affordable housing task again, it is expected to become possible construction of 60,000 units, new construction 73,000 units, completed 10,000 units. For a new home last year, real estate sales only 37,000 sets around cities, so a large amount of affordable housing construction continues, is likely to be flat or over and the supply of new homes.
Expert advice: will be great blow to ordinary commercial
Zhang Wu Feng, vice president of LVGEM Group, said that affordable housing market is a complementary two-track operation, real estate and affordable housing have their own customer base, not conflict. The current real estate because of government regulation, a significant reduction in the supply of, and demand is so big on the other hand, it is difficult to influence prices.
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