On December 12th, the Natural Resources and Planning Bureau, Housing and Urban Rural Development Bureau, and Development and Reform Commission of Hengyang City, Hunan Province jointly issued a notice on the implementation of in house building area pricing for the sale of commercial housing in the city, clarifying that from January 1st, 2025, in house building area pricing will be implemented for the sale of commercial housing in Hengyang City. According to this notice, the interior building area refers to the exclusive building area, which consists of three parts: the usable area of the interior house, the interior wall area, and the interior balcony building area. From this, it can be seen that the new pricing standard has already excluded the area of "public sharing", which is also seen by the media as the beginning of the implementation of "canceling public sharing". In fact, there has always been considerable controversy surrounding public sharing. Generally speaking, there are few professional institutions that can figure out the actual shared area of each household under the supervision of homeowners or third-party professional institutions, while homebuyers have to pay for it, which creates a huge lack of transparency. No matter how ordinary the product is, people will ask for its authenticity. However, as the largest and most important asset in a person's life, real estate has such a clear gray space during the purchase process, which is obviously inappropriate. The excessive shared area has led to a low housing acquisition rate, and even caused social news. In 2022, there were media reports that some homebuyers complained about a 110 square meter house, only to find that the interior area was only over 60 square meters; The salesperson verbally promised a shared area of 31% when buying a house, but it became 46% when receiving the house... Such a huge "operating space" clearly undermines the buyer's right to know, which will inevitably lead to market chaos - buyers will have no way of knowing the true "product quality", and of course will be at a loss, thus suppressing their consumption and investment desires. From the policies in recent years, canceling public sharing has gradually become a consensus. In 2019, the official website of the Ministry of Housing and Urban Rural Development released the "Residential Project Standards (Draft for Comments)", which stated that "residential buildings should be traded based on the usable area within the unit". In recent years, this trend has accelerated significantly. Since the beginning of this year, cities such as Zhaoqing in Guangdong and Xiangtan in Hunan have begun to require real estate companies to price and promote sales based on the interior area of the housing unit (excluding shared area); Hangzhou, Zhejiang Province has also introduced regulations that allow newly sold residential land in Hangzhou to enjoy new regulations on area recognition. For example, closed balconies are only counted as half of the area, and open wind and rain corridors are not included, with a focus on increasing the yield of houses. From online comments, it can be seen that these measures have also received basic recognition from the public. This is also easy to understand. "What you buy is what you get" and "you get what you pay for" are basic common sense, and there is no reason why they do not apply to real estate. Previously, there have been some rumors circulating on the internet, such as opposing the "cancellation of public sharing", believing that it would lead to an increase in housing prices. Taking a specific property as an example, if the total price remains unchanged and the unit price is calculated based on the non shared area, it will naturally appear higher. But this does not mean an increase in housing prices. Instead, the pricing unit has changed, and by squeezing out the space for developers to manipulate, it is more likely to cause prices to fall back to their true value. The so-called 'cancellation of public sharing leads to price increases' is a confusion of economic common sense. If public sharing has such magical power, then real estate regulation can target public sharing, and adjusting the size can control housing prices. Recently, "the stabilization and recovery of the real estate market" has become a high-frequency topic in society. An important focus on stabilizing the real estate market is to enhance the confidence of homebuyers, and "canceling public sharing" and ensuring market transparency are targeted measures. People are more confident in buying a house, have more predictable results, have greater respect for their right to know, and of course, may also make positive investment decisions. Therefore, people also look forward to the measures of "canceling public sharing" being implemented on a larger scale and at a faster pace, forming new rules for the real estate market as soon as possible, reshaping the business model, and thus forming a healthier and more sustainable industrial operation mode. (New Society)