(Economic Observation) The Ministry of Housing and Urban-Rural Development "beats" 13 cities within three months, China releases signals to strictly control the property market

　　China News Service, Beijing, April 9th ​​(Reporter Pang Wuji) Since 2021, China has continued to send signals to strictly control the property market.

Since the end of January, the Ministry of Housing and Urban-Rural Development of China went to Shenzhen and Shanghai for research. Within three months, the Ministry of Housing and Urban-Rural Development has conducted surveys and supervision or interviews with 13 cities.

Data map: the property market.

Photo by Sun Rui

　　On April 8, Ni Hong, Vice Minister of the Ministry of Housing and Urban-Rural Development, interviewed the heads of the governments of Guangzhou, Hefei, Ningbo, Dongguan, and Nantong.

Ni Hong pointed out that the city government should keep a close eye on new situations and problems, take timely targeted measures, make precise adjustments, resolutely curb speculation and real estate speculation, guide good expectations, and ensure the smooth operation of the real estate market.

　　Prior to this, Ni Hong went to Shenzhen, Shanghai, and Beijing in January and February this year to investigate and supervise the real estate regulation and control work.

In early March, he led a team to Hangzhou and Wuxi for research and supervision.

In late March, Ni Hong led a team to Chengdu and Xi'an to investigate and supervise; on March 25, the Ministry of Housing and Urban-Rural Development sent a supervision team to Nanchang to supervise the real estate regulation and control work.

　　After reviewing the research and supervision conducted by the Ministry of Housing and Urban-Rural Development in various regions this year, some new features have emerged in the regulation and control of the Chinese property market.

　　First, the Chinese government's attitude towards real estate regulation has become more stringent.

　　Chen Wenjing, deputy research director of the Index Division of the China Index Research Institute, pointed out that unlike the previous months to "supervise" in various places, the Ministry of Housing and Urban-Rural Development has "interviewed" 5 cities this time.

Moreover, the two "practical" statements adopted by Ni Hong this time (effectively improving political positions and effectively taking on the main responsibilities of the city) also show that the central government has taken a more stringent attitude towards the regulation of the property market.

　　Xu Xiaole, chief market analyst of the Shell Research Institute, also pointed out that among the five cities interviewed by the Ministry of Housing and Urban-Rural Development this time, Guangzhou, Hefei, and Dongguan have all introduced tightening policies in the early stage.

For example, Hefei has recently introduced a new policy for the Batiao property market, upgrading and regulating eight aspects from the degree system, deepening the housing purchase restriction to the "lottery + restriction" policy of hot real estate in the urban area.

　　Xu Xiaole said that the interviews with these five cities show that the central government has compacted the city's responsibilities. It not only requires local governments to issue policies in a timely manner, but also emphasizes the effectiveness and effectiveness of local policies.

　　Chen Wenjing also believes that although Guangzhou, Dongguan and Hefei have introduced policies recently, the overall policy strength is weak, and the short-term effect is not obvious. In the future, the control policies of various cities may continue to increase.

　　Second, the monitoring and supervision of the Ministry of Housing and Urban-Rural Development have become the "control baton."

　　Observation found that before and after the investigation and supervision of the Ministry of Housing and Urban-Rural Development, all localities basically took actions to tighten the property market policies.

Industry insiders pointed out that while implementing policies in different cities, the monitoring and supervision of the Ministry of Housing and Urban-Rural Development has become the "control baton", which is also a new feature of this year's real estate market regulation.

　　Since the beginning of this year, in less than three months, the Ministry of Housing and Urban-Rural Development has conducted field investigations, supervisions or interviews in 13 cities.

The scope of the Ministry of Housing and Urban-Rural Development's "beating" and "reminding" has also expanded from the first-tier to the second-tier and even the third- and fourth-tier cities.

Such a form is very rare in the past real estate market regulation.

The core cities of the Beijing-Tianjin-Hebei, the Yangtze River Delta, and the Guangdong-Hong Kong-Macao Greater Bay Area, hotspot cities around the central city, and central and western provincial capitals are all on the list of key monitoring.

　　Third, the linkage of population, land, housing, education, etc. may become the focus of subsequent property market policies.

　　Ni Hong clearly pointed out that it is necessary to improve the linkage mechanism of population, land and housing, strengthen the overall coordination with related policies such as population settlement and compulsory education, strengthen the management of second-hand housing transactions, and improve the system, integrity, and coordination of real estate market regulation. .

　　Chen Wenjing said that the linkage between land and housing will be reflected in the relationship between supply and demand on the one hand, and the land supply in key cities will continue to increase; on the other hand, it will be reflected in the linkage between land prices and housing prices, and land-end price limit will become the choice of more cities. .

　　In terms of population settlement and compulsory education, Chen Wenjing believes that real estate transaction restrictions after settlement, such as restrictions on the purchase of houses by talents, restrictions on the purchase of new residences, and school district policy restrictions, are expected to continue to advance.

In the management of second-hand housing transactions, the release of the reference price of the second-hand housing estates in Shenzhen may provide a "template" for each city.

　　It is worth noting that on the same day that the Ministry of Housing and Urban-Rural Development interviewed the heads of the five cities, the Shenzhen Housing and Urban-Rural Development Bureau and other seven departments jointly issued a notice stating that they would investigate and deal with reports involving "in-depth housing management".

"Shen Fang Li" is suspected of instigating real estate speculators to make fakes, illegally raise funds, and defraud business loans to purchase houses.

The signal of "housing and living is not speculation" is even stronger.

(Finish)