Accelerate the construction of affordable housing and strive to ensure "housing for all"

2023-09-15

The recent teleconference on the work deployment of planning and construction of affordable housing clearly stated that affordable housing is a major work deployment made at the overall level of the strategy of promoting common prosperity and Chinese path to modernization, which is conducive to alleviating housing conflicts in large cities, effectively promoting the transformation of real estate and high-quality development in a powerful, orderly and effective manner, better stimulating investment and consumption, and promoting the sustainable improvement of the macro-economy. According to the reporter's understanding, relevant arrangements have been made in multiple places, and Guangzhou has established Anju Group, striving to raise 600000 affordable housing units during the 14th Five Year Plan. Beijing has proposed to start construction of another 42000 affordable housing units this year, and encourages the coordinated use of supporting land for industrial projects in industrial parks to raise funds for dormitory and apartment affordable rental housing. Industry insiders say that affordable housing is an important guarantee for low-income and young people to live in, and it is also a key to enhancing the attractiveness of local areas to young people. It is also the key to building a "rent before buy" and "rent buy" system in China. As an important measure to ensure and improve people's livelihoods, the construction of affordable housing has always been valued by all parties. In recent years, China has repeatedly proposed to increase the construction and supply of affordable housing, so that more new citizens, young people and other groups with housing difficulties can achieve the "dream of living in peace". From September 15th to September 17th, it is the 11th batch (2023) of Shanghai Minhang District's open house viewing days for families applying for jointly owned property rights protection housing. This round of housing is located in Minhang, Fengxian, Songjiang, and Jiading districts, with a total of 12 bases. Mr. Li is one of the families applying for this purchase. After graduating from university, he stayed in Shanghai and finally had his own housing in the local area after 8 years. In order to have a more stable life and better integrate into the big city of Shanghai, I have applied for this round of jointly owned and guaranteed housing, "Mr. Li said. Like Mr. Li, more and more new citizens and young people are enjoying the benefits of affordable housing. According to data from the Ministry of Housing and Urban Rural Development, as of now, China has completed 72% of the task of raising and constructing 2.04 million units of affordable rental housing this year, and the progress of raising and constructing them in various regions is constantly accelerating. In Fuzhou, 18183 affordable rental housing units have started construction, achieving 79% of the annual target. In Ningbo, it is planned to raise 50000 units of affordable rental housing this year, with 40600 units completed so far. In Shanghai, 62000 units of affordable rental housing have been raised for construction in the first 8 months, achieving 83% of the annual target. From a national perspective, in the past two years, a total of 5.08 million affordable rental housing units have been constructed and raised in various regions, with a total investment of over 520 billion yuan, which can solve the housing difficulties of nearly 15 million new citizens and young people. Xu Yuejin, Deputy Director of Research at Zhongzhi Research Institute, stated in an interview with the Economic Reference Daily that affordable housing is an important component of China's housing supply system, and is an important means to alleviate the structural supply shortage of the current net inflow of population into the urban housing market. It aims to improve the living quality of new citizens and young people, and continuously enhance the sense of gain and happiness of the people Sense of security. In addition to new citizens and young people, low-income groups are also important targets for affordable housing

Edit:Hou Wenzhe    Responsible editor:WeiZe

Source:Economic Information Daily

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