Adjusted 300 times in half a year, how to implement city-specific policies x how to become high-quality precise policy

  Property market observation

  A truly effective long-term strategy is to establish a property market supervision and control mechanism that meets the requirements of marketization.

  Statistics from Centaline Real Estate Research Center show that in the first half of this year, the country has issued more than 300 real estate control policies. How will real estate control go in the second half of the year? Will the property market control relax? A special report recently released by the China Macroeconomic Forum of Renmin University of China believes that as the epidemic is basically under control and all industries resume production and work, the real estate market is recovering rapidly, and the pattern of super differentiation is further strengthened. Under the super-differentiated market structure, structural risks have become more prominent, and the determination of regulation and accuracy requirements have been further improved.

  It has to be said that the regulation thinking of "housing to live without speculation" and implementing policies according to the city is the most pertinent and most in line with market reality in the real estate market, and it is also the most effective regulation of the real estate market. It is precisely under the role of "housing to live without speculation" and under the effect of city-specific policies, the real estate market is entering a stable, orderly, and standardized track, moving into the track of residential properties. In particular, hotspot cities have also changed the previous pattern of excessively rapid housing prices, becoming increasingly rational and rational, and some have also seen rising and falling.

  Regarding the real estate market, no matter how prosperous it is, it is impossible to maintain the pattern of rising house prices but not falling for a long time. Otherwise, the risks will continue to increase and the harm will continue to deepen until the property market crashes. When the contradictions in the real estate market are becoming fierce, it is very timely for China to issue control policies in a timely manner to avoid irrational increases in housing prices.

  Generally speaking, the regulation and control of the property market has developed to a relatively good level in terms of the effectiveness of policies. The positioning of "housing and housing not speculating" has also formed a consensus among governments at all levels and in all aspects of society. Therefore, whether it is the regulation of real estate or the construction of houses, whether it is price determination or market supervision, it must be based on the positioning of "housing to live without speculation".

  The key lies in how to better implement city-specific policies, and how to implement city-specific policies to normalize the property market regulation, shift the property market regulation from policy regulation to market regulation, from administrative means to market mechanism, and truly establish an effective standard. The long-term management mechanism is the most important and urgent task of property market regulation and market management at present and in the future.

  □Tan Haojun (financial commentator)