In the view of people in the industry, the word "stability" will take the lead in the real estate regulation next year, and maintaining the stability of house price and land price policy is still the primary work. Zhang Dawei, chief analyst of Zhongyuan Real estate, said that once again, it is clearly required that "real estate is not fried", which represents that the national real estate regulation and control will continue to maintain the previous state. Although there have been fine-tuning in some cities recently, on the whole, the basic principles will not change, and the determination of the central government to curb the rise of house prices will not change.
Next year, we will adhere to the word "stability" in regulation and control
As we all know, in 2019, under the background of tight overall regulation, different cities made fine-tuning policies according to their own conditions. Some cities targeted to relax the talent purchase policy, increase the amount of provident fund, carry out talent purchase subsidies, cancel the price limit, adjust the standard of ordinary houses, etc., while others strengthened the supervision of commercial housing pre-sale funds and standardized the operation order of the real estate market.
By the end of the year, policy fine-tuning in some cities in China was more frequent. Taking Guangdong Province as an example, since November, many regions of Guangdong Province, including Guangzhou, Shenzhen, Foshan, Shenzhen Shantou cooperation zone, Zhongshan and Jiangmen, have relaxed the talent purchase policy and real estate policy, or relaxed the talent purchase restriction, or increased the provident fund loan amount, or adjusted the common house standard. In particular, Huadu District, Nansha District and Huangpu District of Guangzhou have successively relaxed the restrictions on talent purchase, and "teased" the spring water in the real estate market, which has slightly changed the market expectations, and increased many conjectures about the real estate market regulation and control policies in 2020.
The meeting of the Ministry of housing and urban rural development once again stressed the importance of 'stabilizing land prices and housing prices' to set the tone for next year's regulatory policies.
Zhang Dawei said that on the whole, the meeting of the Ministry of housing and urban rural development is the implementation of the contents of the central economic work conference.
The previous central economic work conference has set the tone for the property market in 2020. In terms of real estate policy, the central economic work conference pointed out that we should adhere to the positioning that houses are used for living rather than speculation, fully implement the long-term management and regulation mechanism of implementing policies for cities, stabilizing land prices, house prices and expectations, and promote the steady and healthy development of the real estate market.
58 Zhang Bo, President of the branch of anjuke Real Estate Research Institute, believes that from the focus of real estate in 2020 transmitted by the meeting, it can be expected that the real estate market will run smoothly in 2020, and the real estate regulation will remain strict. Due to the continuous promotion of the regulation means of urban policies, the tightening of the real estate financial side will be normalized.
In addition to the word "stability", the real estate regulation in 2020 will also more reflect the implementation of policies due to the city. In the five requirements for real estate in 2020 of the Ministry of housing and urban rural development meeting, it is pointed out that we should resolutely fight three key battles, among which is to adhere to the word "stability", fully implement the long-term management and regulation mechanism of implementing policies for the city, stabilizing land prices and housing prices, maintaining the stable operation of the real estate market, and resolutely prevent and resolve real estate market risks.
As mentioned above, in 2019, under the background of tight overall regulation and control, different cities made fine-tuning policies according to their own conditions, some loose and some tight. Guoshiying, an analyst at Zhuge search data research center, believes that flexible fine-tuning policies will become more and more common in 2020.
This is in line with the spirit of the central economic work conference. The central economic work conference called for the "full implementation of policies for cities". This means that different cities and regions, according to the actual situation and under the goal of stabilizing house prices, fine tune the existing policies, continue to crack down on speculative demand and support rigid demand.
The stock market may usher in centralized development
In addition, according to the meeting of the Ministry of housing and urban rural development, the key work of China's real estate in 2020 also includes improving the housing security system, cultivating rental housing, improving the quality of urban and living environment, and improving rural housing conditions and living environment.
Guoshiying believes that in 2020, the Ministry of housing and urban rural development will strive to promote high-quality development and promote urban development and construction from incremental construction to paying equal attention to stock quality improvement and transformation and incremental structural adjustment. It can be seen that the stock housing market will usher in concentrated and large development in 2020, and the transformation of the stock market is the focus of real estate enterprises and institutions in the coming year.
Paying attention to 'people's livelihood' and effectively solving the housing problem of ordinary people is still an important work of real estate next year. The meeting of the Ministry of housing and urban rural development made it clear that efforts should be made to improve the urban housing security system and strengthen the housing security of urban poor people. We will do a good job in the pilot work of improving the housing security system and strive to form replicable and popularized experience. We will further standardize the development of public rental housing and strengthen the accurate protection of vulnerable groups in sanitation, public transport and other industries. Strictly grasp the scope and standards of shed reform, and steadily promote the transformation of shantytowns. Summarize and promote the pilot experience, further improve the support policies, and do a good job in the transformation of old urban communities. Reform and improve the housing provident fund system.
Yan Yuejin, research director of the think tank center of E-House Research Institute, believes that this further reflects the content of housing security in 2020. A new highlight of the meeting is that sanitation, public transport and other industries are included in the protection object of housing difficult groups, and various supporting policies are expected to be formed in the follow-up.
Opportunities and challenges coexist in the rental market next year
In addition, rental housing is also one of the important work next year. This year's central economic work conference expressed this as "vigorously developing rental housing". The meeting of the Ministry of housing and urban rural development pointed out that efforts should be made to cultivate and develop rental housing and promote the solution of the housing problems of new citizens and other groups. We will further cultivate institutional and large-scale rental enterprises, and accelerate the establishment and improvement of a government led housing rental management service platform. Focus on the development of policy rental housing, and explore the norms, standards and operation mechanism of policy rental housing.
Yan Yuejin pointed out that rental housing faces many problems this year, but the direction of reform remains the same. The meeting made it clear to speed up the establishment and improvement of the government led housing rental management service platform, and referred to the concept of policy rental housing, which shows that it will continue to be linked and combined with such policy concepts in terms of housing supply, pricing and operation, which is a highlight and product worthy of attention in 2020.
Next year's rental market will face both opportunities and challenges. The central government strongly supports the development of rental housing, and its policy support may increase. For enterprises in this field, they will face greater development opportunities.
However, it must be pointed out that in the first two years, due to blind entry and rapid expansion, the problem of long-term rental apartments was gradually exposed. Some enterprises were unable to pay the rent of landlords on time and defaulted on the arrears of suppliers. Many parents rented apartments, and the operators of small and medium-sized enterprises had thunder and run away.
In the view of analysts, under the condition that the regulation policy remains stable, the long-term rental apartments will still face stricter supervision next year, which will be a challenge for operating enterprises.