Shenzhen: "the city of innovation" how to withstand the city's "reversible" agitation
It's also a topic that has to be confronted with the construction of a chinese socialism pioneer zone
A citizen passed by a real estate agency in the shenzhen fukuda area, in the area of shami lake. Photo by zhao rishhi
Under the outbreak, shenzhen's real estate market came out of a wave of "reversible" heat
It is a matter of people's well-being and long-term development in shenzhen. The market has raised concerns that high house prices may lead to a “crowding out effect” of industry and talent, or that they will become the “unaffordable weight” of the city of innovation. Vigilance needs to be fought, supply increased and work together
This year marks the fortieth anniversary of the establishment of the shenzhen special economic zone. At a time when science and technology are spreading through the clouds, shenzhen city is being called "intellectual" and "puzzling"。
The purchase of a house was preceded by a “drinking tea” fee; the price of a second-hand house had jumped; the “business loan” had been set off against the mortgage ... In the wake of the outbreak, the shenzhen real estate market had moved out of a wave of “reverse” heat。
Housing is a matter for the well-being of the people and for the long-term development of the “cities of innovation”. The market has raised concerns about high housing prices or the “unaffordable weight” of this innovative city. There is a need to combat speculation, increase supply and work together。
It's coming up again
In the recent past, shenzhen city has been in a state of constant。
There are rumors of “tets” and “business loans” coming into the market, and the price of second-hand houses has jumped during this period, with a wave of “reverse” shows that “the wind comes back”. In the face of unrest in the city, the supervisory authorities have taken action to combat violations。
— the “tea fee” has been reintroduced in shenzhen city, where intermediaries have been banned for life。
In late march, the market heard news that some new dishes in the shenzhen central district had to pay for tea before buying a house. According to an intermediary, “the total price is $11. 5 million, `the cost of tea' more than $700,000.” “the total price is 22 million and `the cost of tea' 1. 5 million.”
On 3 april, the directorate of housing and construction of the district of bouan issued a circular to the relevant departments, such as joint market supervision, public security and taxation, to investigate violations of the right of housing companies and intermediaries to charge non-priced charges such as “drinking tea” and to state that they would suspend the right to sign the entire network of sources of housing if found。
On 27 april, the shenzhen city association of real estate intermediaries posted a disciplinary notice on its network of officials, which concluded that china's native property employees, zhang jinqian, had taken advantage of the company's branch in the centre of china's original property after his departure, to ask consumers for “drinking tea” in order to sell hot house property. Despite attempts to do so, the nature of the act was so bad that it was blacklisted and banned for life, and the corresponding adverse records were copied to the relevant letter-and-letter institutions。
• “operation loan” flows to the city for housing, and the supervisory authority requires banks to conduct a full review。
Currently, the interest rate on mortgages is close to 5 per cent, while the interest rate on mortgages is about 4 per cent, which has been reversed, and the recent “business loan” irregularities in shenzhen have been flowing into the market。
This phenomenon is being urgently investigated by the supervisory authorities. On 22 april, the central bank of shenzhen, the people's bank of china, announced a preliminary check: there were cases in the bailiwick where individual commercial banks had customers who purchased the house in full and applied for a “business loan” as collateral against the new property. The bank and the shenzhen bank insurance supervisory authority have requested commercial banks to conduct a comprehensive inventory of the irregular flow of credit funds into the real estate sector。
— developer's possession of a “second light” made by the seller, and the competent authorities limit the transaction to his locket。
In the case of real estate development projects for which a pre-sale permit has been granted or for which a current sale has been filed, the owner of the commodity house is required to make a full sale of the house within a specified period of time. However, there have been several pushes on some of shenzhen's premises。
“a building divided into three sales to send a signal of light each time to the people must be resolutely combated.” zhang xifan, director of housing and construction, shenzhen city, said that the housing sector had now taken measures against the project developers, such as restricting the use of netting, and had handed over to the authorities the illegal materials sold。
- the price of the second-hand room has jumped and the authorities have carried out an unusual check of the increase。
“shell looking for a house” data show that the 11 second-hand rooms closed in the fourth quarter of 2019 at a unit price of between $120,000 and $147,000 per square metre each. In contrast, 24 sets of offers per square metre are currently on sale. Based on a minimum of 83 square metres of registered premises, single sets also increased by a minimum of nearly $2 million。
In response to the rise in second-hand house prices in hot areas, the shenzhen city housing authority expressed its opinion that some of the owners ' listings were too high and that they were in serious contradiction with the market situation and would deal seriously with bad market practices, such as malicious house prices。
The shell searching platform issued a statement on 26 april to upgrade the information dissemination and clearance system, actively cooperate with the competent authorities in data collection and reporting, and immediately lay down small areas and buildings that are designated and restricted by the authorities。
It's hard to afford. It's how cities innovate
In a number of shenzhen people's twitter community, the fourth edition of hua yuncheng, which takes into account advantages such as location and degree, has become a popular word for discussion。
Against the background of the price limit for new houses, the project is “one room is difficult to reach”, with second-hand houses registered for the previous phases of the project amounting to $170,000 per square metre, while the price of new houses is estimated by the market to be approximately $100,000 per square metre. The new house was robbed and the place was made, resulting in new stock exchanges。
“a total of approximately 1,200 households are expected to open in june in the four phases of the city. The previous mid-sign rate was 10. 9 per cent and 13. 8 per cent for the second part of the edition of hua yuncheng, while the current mid-sign rate for the fourth part of the edition is likely to be even lower.” one intermediary staff member told journalists。
The "scrambling" became a sales mode similar to the red board. Following the launch of the building, citizens who were interested in and qualified to purchase the house made a “conception fund” and paid millions of yuan, the results of which were published in a roll call and returned the unsigned “coalition fund”。
“if you shake it, you'll earn a fortune. Why not?” a citizen of shenzhen said that, although not “just needed”, he was prepared to “take care of”。
According to industry sources, a million dollars of “tea-drink” had previously been distributed in shenzhen city. In rough calculations, a 100-square-square-square-square-square-commodity housing, at a price of $100,000 per square metre, would total approximately $10 million, and a second-hand house would still be “profit-making space” if it were sold to $15 million, even if the “tea-drink” cost amounted to millions。
“the problem of inadequate housing is behind the `price reversal' between the new and second-hand houses.” according to wang tsai, director of the centre for research and development of real estate and urban construction in shenzhen, shenzhen is home to about half a million new inhabitants each year, but there are no more than 3 million square metres in stock for the sale of goods。
Shenzhen has the smallest land area of less than 2,000 square kilometres in four broad northern and deep cities, with a de facto population of more than 20 million and a population density greater than that of the north。
At the same time, no less than 974 square kilometres of land will be unexploited by 2020, in accordance with the regulations governing the shenzhen basic ecological control line. In order to stabilize the share of industrial land use and to safeguard the demand for industrial space, the share of industrial land in shenzhen should not be less than 30 per cent by 2020. Deleting land such as living facilities, commercial services and so forth, the land available for residential development is “stretching”。
On the one hand, there is little room for manoeuvre in existing residential development and, on the other hand, the “population dividend” of scientific and technological innovation, further exacerbating the housing demand paradox. In addition, shenzhen's average age is 33 years, and the younger demographic structure and rapid increase in the number of students in school have also made the price of the degree room “dumbling”。
“other urban housing prices are more stable and even `sliding', while shenzhen is exceptionally `hard' and even hot, with the impact of the epidemic, rising house prices and rising costs, affecting the development of enterprises and the confidence of employees.” an executive of a technology company said that on the one hand, enterprises may choose to move out to lower-cost cities, such as the peri-urban or mid-western provinces of the pearl triangle, while on the other hand, abnormally high house prices may have a negative impact on urban attractiveness. "how can cities be creative if they don't have talent?"
Beware of defunctness and implement "no room"
While the impact of the epidemic is still on the way to economic recovery, the city has become extremely hot and the phenomenon of “two skins” is a cause for concern. On the one hand, it is necessary to guard against the poor direction of defunctness and, on the other hand, the lack of adequate housing as a result of structural imbalances in the land supply, requiring sustained effectiveness mechanisms。
The implementation of the “homeless house” is a mandatory blow to the normalization of illegal sex work. A number of industry sources believe that, as a region more active in a market economy, a large number of investors have gathered in shenzhen, and some groups have become highly speculative and have even contributed to wrongful violations。
According to the head of the housing and construction authority in shenzhen city, outside hotspots, sales and transactions in shenzhen are stable in general and do not preclude malicious speculation by individual intermediaries and personnel. Next, shenzhen will ensure the smooth and healthy development of the real estate market through strict enforcement of “five-limit” regulatory measures such as purchase restrictions, price limits, loan restrictions, sales restrictions and household restrictions。
Many experts felt that, in the face of current supply and demand conflicts, stock resources such as “urban villages” should be mobilized. The shenzhen housing construction plan (2016-2020) shows that by the end of 2014, shenzhen housing stock stood at 559 million square metres, with 48 per cent of the total housing units built by the original village and by the villagers themselves, as well as the provision of accommodation in industrial areas. According to li yu jia, the chief researcher of the centre for housing policy research in guangdong province, the solution lies in a substantial increase in the supply of commercial housing and the acceleration of public housing construction。
Faced with the potential “squeezing out effect” of high housing prices, shenzhen proposed the construction of 1 million low-cost public housing units between 2018 and 2035。
In order to carry out the task of housing supply, shenzhen city planning and natural resources agency issued on 8 may the provisional provisions for the reform of the housing system in shenzhen city to accelerate the supply of housing land, identifying 11 housing land supply channels and adding seven housing land supply channels, in addition to the original new supply of land, urban renewal, upgrading of squatter areas, construction of land consolidation projects and construction of four supply channels, for the former rural collectives to compensate for undeveloped (transferred) land, historical legacy of undeveloped concessions, unoccupied land, built legal land, vacant stock areas for institutional enterprises, infrastructure land allocation and integrated development of rail transport。
Shenzhen city's deputy director of planning and natural resources, wang tsai, indicated that since 2020 shenzhen city has been increasing the supply of land for residential use. In that year, 293. 2 hectares of land were planned for residential use, accounting for nearly 25 per cent of the total planned land for construction, almost double the 150 hectares planned for 2019。
To date, shenzhen is known to have supplied 30 54 hectares of residential land and is organizing 12 78 hectares of residential land。
At the same time, is the 30 per cent share of industrial land in shenzhen sufficiently reasonable? Along with the prominence of residential contradictions, these issues have also begun to attract attention and discussion。
In the view of industry, some of these statements are not scientifically sound, but the public discourse that has shaped shenzhen's reform and innovation development, the benign interaction between the government and the citizens, which has contributed to the emergence of a social and co-regulating development situation, has given rise to a “broadening” debate。
The opinion of the state council of the communist party last year on support for the construction of china's socialism pioneer zone in shenzhen clearly states that “the creation and improvement of mechanisms for the smooth and healthy development of the real estate market and the acceleration of the improvement of the system of secure housing and human resources”。
Face it, no retreat. Faced with the contradiction between current developments and reality, the demonstration of “homelessness” and the continuous empowerment of science, technology and innovation is an important theme given to this “city of innovation”. (reporter zhao rich, sun fei)
