The signal role and guidance of the shenzhen approach are clear, but how to bring more housing sources into the government's stable rent platform will need to be pursued gradually。
Local governments began to “stable the rent” after the “stable house prices” led by the policy of “shelter and fire”
On 15 october, at 10 a. M., shenzhen's first “stable rent” commodity house was officially recognized for rent, with annual rent increases of no more than £5 per cent。
As early as 2017, shenzhen's implementation opinion on accelerating the development and development of housing rental markets had proposed strengthening the guidance on rental prices for housing, improving the existing system of guiding prices for housing leases and guiding market pricing。
At present, shenzhen's “stable rent” measures are not being imposed. Li yu jia, a leading researcher at the centre for housing policy research in guangdong province, told economic reporters for the 21st century that the signaling and guidance of shenzhen practices were clear, but that further progress was needed on how to bring more housing sources into the government's secure rent platform。
Annual rent increase of no more than 5 per cent
The first to be included in the rental of rented commodity houses was the 248 equipped commercial apartments located in the high area c, located in the western part of tong long square. According to the announcement of the shenzhen land and property exchange centre, the benchmark rent rate is provisional at 110 yuan/month/m2 and the specific rent for a single dwelling is determined on the basis of the base rent, taking into account the floor, direction, etc。
The applicant is required to have completed 12 months and more of continuous social insurance contributions in shenzhen, for a period of not less than one year and a maximum of three years, subject to the procedure for renewal of the condition, but for a total period of not more than five years。
According to shenzhen city housing authority sources, ownership of secure rental commodity property belongs to the market owner, the first rent is priced on the basis of market evaluation of the market price of the same type of housing in the same class, the annual rent increase is determined by reference to the first rental pricing principle, and the range is not more than 5 per cent。
Li said that the quality of the house, the location and the traffic were good, so the absolute value of the rent was not low, and the cheapest was close to $4,000, but the value of the money actually had a relative advantage。
The director-general of research at the centre of the institute for evictions, who stepped forward, indicated to journalists that the first pilot project in shenzhen on the rental of rented goods, which reflected the restructuring of the supply structure in the rental market, helped to reduce rental costs for tenants on the one hand, and other cities on the other。
It is worth noting that the “stable rent” source of this entry is a relatively standardized product, built by state-owned developers, concentrated in the same building with a uniform renovation。
According to a real estate broker, this facilitated the official establishment of rental guidance prices. However, for the entire rental market, even housing located in the same area tends to vary in age, fit-out and internal matching, and more rules are required on how to determine a reasonable rental guide price。
How can rent stability be effective
In may last year, the ministry of housing and construction issued a circular on issues related to the further management of the real estate market, in which it was stated that the task of securing house prices, controlling rents, reducing leverage, preventing risk, adjusting structures and securing expectations was carefully implemented. “rent control” was seen as a major highlight of the circular。
In the opinion of analysts, rental of housing itself is a market act, and rents tend to become the norm with fluctuations in the economic situation and in the supply-demand relationship; on the other hand, housing is a matter of livelihood, fostering healthy rental markets, setting guiding prices, etc。
In beijing, a new version of the rental contract was issued in july this year, which expressly prohibits the lessor from increasing rent unilaterally during the lease period without the agreement of the parties。
Shenzhen, for its part, issued an opinion on regulating the price of fixed housing in the housing rent market in august, in which it was proposed that the rate of vat collection be reduced appropriately for housing rental enterprises that rent their housing to individuals and that new, renewed rental contracts be collected, registered or filed on the government housing rental trading service platform, and that rents not higher than the price of rental guidance。
In shenzhen, a large real estate developer said to economic reporters in the twenty-first century that the combined tax rate for institutional landlords could be over 20 per cent. “if tax rates can be reduced to around 5 per cent, this will motivate developers to enter the leasing market.”
The director-general of the united states national research centre for the property industry, ho cheo, analysed to economic reporters for the twenty-first century that many tenants still rent from individual landlords or farmers, but that individual landlords are more difficult to regulate, making it difficult for the government to directly control rental prices。
“the market for commercial housing in shenzhen has become highly marketed, and in the long term it has been proposed that the increase in the number of rented housing be accelerated rapidly and massively in order to slow down the increase and speed of rents.”。
