China News Service, August 5 (Zhongxin Finance reporter Zuo Yukun) "Adhere to the simultaneous development of rental and purchase, accelerate the development of the long-term rental market, and promote the construction of affordable housing." The above statement was made at the Central Economic Work Conference at the end of 2021.

  Since the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China proposed to "expand the supply of affordable rental housing", after two years of momentum, new policies to increase the supply of affordable rental housing have appeared frequently.

According to statistics from the Middle Finger Research Institute, as of June 2022, more than 80 places across the country have issued local documents on promoting the development of subsidized rental housing.

Data map: A scene in Changsha

Innovate "rent and purchase simultaneously" to revitalize the existing housing

  In May of this year, the "Pilot Implementation Plan for Promoting the Multi-subject Supply of Changsha's Rental Housing and Multi-channel Guarantee to Revitalize the Existing Housing" was issued. Changsha took the lead in proposing that "after the existing housing is revitalized for rental housing, it will not be included in the calculation of the number of family housing units". The half-year property market regulation has left a bright spot.

  For Changsha families who own multiple suites and are in a state of restricted purchases, they can revitalize their second-hand houses into rental houses at any time, and then they can get one or even two brand-new "room tickets".

  According to local media reports in Changsha, one month after the pilot program of the "rent-purchase linkage" program, the two pilot companies have received consultations from 4,879 households, and a total of 3,025 existing housing units in the city have applied for rental housing, and 833 households have signed contracts.

  Soon, the idea of ​​"renting for room tickets" attracted imitators.

  In early July, the Sichuan Provincial Department of Housing and Urban-Rural Development issued a document deciding to launch pilot projects in Chengdu, Luzhou, Mianyang and other places to open up the market for rental housing and accelerate the development of affordable rental housing.

  In the same month, Chengdu issued the "Guidelines for Residents to Voluntarily Use Their Own Housing for Affordable Rental Housing", which clarified that after the housing is included in the affordable rental housing inventory, residents can apply for a new purchase in the restricted area where the rental housing is located. Housing Eligibility.

  It can be seen that although the policies of the two places are connected to the government platform, Changsha faces the entire rental market, while Chengdu focuses more on affordable rental housing. Therefore, Changsha only needs to connect with the enterprises recommended by the government, but Chengdu further requires the inclusion of affordable rental housing. housing system.

  Hubei has also proposed flexible measures in terms of simultaneous rental and purchase.

In June, the Hubei Provincial Department of Housing and Urban-Rural Development issued the "Implementation Opinions on Accelerating the Resolution of Housing Difficulties for Basic Public Service Personnel", proposing that affordable rental housing can be rented first and then sold, and the paid rent can be included in the purchase price.

  The "Opinions" lists eight supply channels for affordable rental housing or co-ownership housing, including commercial housing that can be purchased as affordable rental housing or co-ownership housing, allowing rent-and-sale.

  "At present, the newly-built increments alone are not enough to support the financing of affordable rental housing. The revitalization of existing housing can not only effectively reduce the vacancy rate of existing housing, improve social efficiency, but also increase the supply of affordable rental housing to meet different needs. The rental demand of different types of people will ease the government's financial pressure on the construction of existing housing." said Zhao Ran, director of the ICCRA Housing Rental Industry Research Institute.

  "At the same time, new rental housing takes a certain amount of time from the construction period to the decoration period, and the supply of housing stock to revitalize the stock house is more time-sensitive, and the stock house can be occupied immediately, and most of them are located in the city center, transportation and surrounding supporting facilities. It also has more advantages in terms of aspects." Zhao Ran said.

Data map: Xi'an's first affordable rental housing project for public rental was officially put into use.

Photo by Li Yifan

Intensive release of "planning schedules" in various places

  At the beginning of this year, the Ministry of Housing and Urban-Rural Development made it clear that during the "14th Five-Year Plan" period, 40 key cities planned to add 6.5 million units (rooms) of subsidized rental housing. .

  According to the statistics of ICCRA Housing Rental Industry Research Institute, as of June this year, almost all of the 40 pilot cities that focus on developing affordable rental housing during the "14th Five-Year Plan" period have issued implementation opinions on the development of affordable rental housing or "14th Five-Year Plan". Five" plan.

  Among them, there are 20 cities where the completion target of affordable rental housing is more than 100,000 units (rooms); the targets for Beijing, Shanghai, Shenzhen, and Chongqing are more than 400,000 units (rooms); the targets for Hangzhou and Xi'an are set at More than 300,000 sets (rooms).

Another review shows that the scale of affordable rental housing planned to be built this year in Beijing, Shanghai, Hubei, Fujian, Guangxi, Liaoning, Anhui and other provinces is 2.4-4.5 times the planned or actual raised last year.

  For consumers, in addition to the scale of affordable rental housing, how the rent is demarcated is also of great concern.

The "Opinions on Accelerating the Development of Affordable Rental Housing" issued in early July 2021 clarifies that the rent of affordable rental housing is lower than that of rental housing in the same location and quality market.

Subsequently, various localities further quantified the rental standards, and the value range is roughly 5%-20% lower than the market price.

  Taking the cities that have recently issued new rules as an example, the "Detailed Rules for the Determination of Affordable Rental Housing Projects in Nanjing (Trial)" stipulates that the preferential rental standard for subsidized rentals shall be no higher than 9% of the assessed rent of market-oriented rental housing of the same quality in the surrounding area. The discount is determined, and the annual rent increase does not exceed 5%.

  Kunming proposed that the rental standard for leased houses should comprehensively consider factors such as housing construction, maintenance and operation and management costs, and implement it according to no more than 85% of the market rental housing rent.

  The "Notice on Doing a Good Job in the Identification and Operation Management of Affordable Rental Housing Projects (Draft for Comment)" issued by the Nanning Municipal Bureau of Housing and Urban-Rural Development proposes that the rental standard for affordable rental housing should be no higher than the same quality in the same location. 95% of the housing assessment rent is enforced.

  "The development of affordable rental housing will become the ballast stone and stabilizer for the long-term and healthy development of the real estate market." Zhao Ran said that the advancement of the construction of affordable rental housing will ultimately point to the healthy development and virtuous circle of real estate.