In the first quarter of this year, some cities in China announced that they would push forward the pilot project of one city, one policy for real estate regulation, so as to prevent high prices, high house prices and high leverage risks and keep the real estate market running smoothly.
The first financial reporter found that at the beginning of the year, there were about ten cities that announced to implement the one city one policy pilot, including Fuzhou, Xiamen, Changsha, Hangzhou, Jinan, Ningbo, Wuhan, etc. The latest information shows that more cities will implement this policy in the future, and the one city, one policy of real estate regulation is expected to be widely promoted.
What is one city, one policy? Whats the difference between the real estate regulation and control idea and the previous one? At the moment when the overall sales of the real estate market is relatively stable, how will this affect the local real estate market?
Local pilot projects have been expanded
Liu Hongyu, director of the Real Estate Research Institute of Tsinghua University, recently wrote in the peoples forum that one city, one policy is an important strategy to implement policy implementation and classification guidance for the city, and it is also an upgraded version.
The differences of real estate market in different regions can also be directly reflected from the data. First finance and economics learned from the statistical departments that in the first three quarters of this year, the sales of real estate in most regions of the country were relatively stable, but there were also some places with large fluctuations, cold and hot polarization.
The difference between the hot and cold real estate market also requires different policies from local governments.
Liu Hongyu said that one city, one policy can be understood as the new regulation and control strategy of the central government, as well as the long-term mechanism work plan for the steady and healthy development of the urban real estate market formulated by the local government under the guidance of the central government based on the citys policies and classification, which is the local own solution, and each city is unique.
After the plan is formed and published in the future, it becomes an open commitment of local government to the central government and local people, and also lays the foundation for local government to realize the transformation from passive regulation to active regulation. Liu Hongyu said.
The general direction of one city, one policy has been set. Since the beginning of this year, the pilot of one city, one policy has been expanding, and the real estate regulation and control has been constantly carried out in various regions. According to agency statistics, in the first nine months of this year, the number of national real estate regulation and control totaled more than 400 times, setting a new historical record.
As early as March 3 of this year, the peoples Government of Shandong Province issued several opinions on promoting the implementation of six stability work and achieving effective results. In terms of real estate, the document mentioned that to implement the main responsibility system of real estate regulatory cities, Jinan and Qingdao should scientifically formulate the implementation plan of one city, one policy.
Xiang yongdan, director of the Department of housing and urban rural development of Zhejiang Province, also revealed in a recent media interview that the work of one city, one policy for 11 cities divided into districts in Zhejiang Province should be completed in an all-round way this year. At present, Zhejiang Province has established a monitoring system for key real estate enterprises, with 86 large-scale real estate development enterprises (Headquarters) included in the monitoring scope, and jointly developed a real estate core business information system with Alibaba team to strengthen market analysis and monitoring.
In January this year, Xiang yongdan also said that according to the requirements of stable land price, stable house price and stable expectation, Zhejiang Province will earnestly implement the main responsibility of the city government, scientifically formulate and strictly implement long-term mechanism and policy measures. In 2019, Hangzhou and Ningbo will study and formulate the plan of one city, one policy, and other cities will also do a good job in formulating the plan.
According to the data, the real estate market in Zhejiang Province remained stable in the whole year of 2018, with a total of 97.55 million square meters of newly-built commercial housing sold in Zhejiang Province and a development investment of 994.5 billion yuan, making a new record for the third consecutive year.
The latest statements from the housing and construction departments in Shandong and Zhejiang both show that the pilot project of one city, one policy will be further expanded on the basis of the beginning of the year.
In addition, Zhao xinqun, director of the Department of housing and urban rural development of Anhui Province, also said that the province adheres to one policy for one city and one policy for one city and one policy for one city. Closely around the regulatory objectives of stabilizing land price, stabilizing house price and stabilizing expectations, it strengthens the main responsibility of the city, establishes and improves the scientific monitoring system, focuses on adjusting the supply structure of commercial housing, and supports the demand for self-contained and improved housing.
And recently, some cities released measures to attract talents, which means to loosen restrictions on purchasing in disguised form? Do they want to rob people or sell houses?
In this regard, Zhuge found a house and issued a report that the major aspects of the current regulation of the real estate market have not changed. For cities with overheated or significant price increases, there will still be corresponding measures to increase the size of the market. It is difficult to fully loosen them. Even if Nanjing, Tianjin, Sanya and other cities introduce measures to liberalize talent restrictions, it is not hard to see that they are either limited to remote areas or only targeted at special areas Fixed population, in line with the one city, one policy fine-tuning, can not form an effective support for the rise of house prices, but conducive to reducing the inventory generated by the property market downturn, conducive to the health and stability of the property market.
The central government has assessment means
While promoting the one city, one policy of real estate regulation, the central government is not letting go, but planning to establish a real estate market monitoring and early warning system, real-time monitoring and regular evaluation of each citys housing market, and establishing a mechanism of regulation evaluation, assessment and accountability.
Housing online registration and networking is an important part of the national real estate market monitoring and early warning system.
There are multiple purposes for housing online signing and filing, one is to prevent one house from selling more, the other is to let relevant departments grasp the information of housing transaction and provide data basis for judging the trend of real estate market.
In recent years, under the background that the central government has promoted the long-term mechanism of real estate regulation and control, the nationwide networking of Housing online signature filing information can provide strong support for the long-term management mechanism of one city, one policy, and lay the foundation for the establishment of a new regulation mechanism of daily monitoring, monthly analysis, quarterly evaluation and annual assessment of the real estate market.
On March 18, Han Zheng, member of the Standing Committee of the Political Bureau of the CPC Central Committee and vice premier of the State Council, went to the Ministry of housing and urban rural development to investigate. Han Zheng pointed out that it is necessary to establish a scientific monitoring system, ensure timely, accurate and full coverage of data, accelerate the construction of a national real estate market monitoring system based on big data, and provide technical support for analyzing and judging the real estate market situation and carrying out effective regulation.
Information networking can provide direct data for monitoring at the central level, and then provide decision-making basis for local assessment and even accountability.
Relevant cases have been reflected. In April this year, the Ministry of housing and urban rural development, in accordance with the requirements of monthly analysis, quarterly evaluation and annual assessment determined by the implementation of the long-term real estate mechanism scheme, gave early warning to six cities with large fluctuations in house prices and land prices in the first quarter of 2019.
A month later, the Ministry of housing and urban rural development gave an early warning in May to Foshan, Suzhou, Dalian and Nanning, four cities where the price index of newly-built commercial housing and second-hand housing has increased significantly.