Chongqing rejects the sale of land wealth policy experts say it can tame high house prices

-According to the Xinhua news agency, Chongqing, April 29, one side is "people live in a secure place", while "land finance"--faced with this choice, many city decision makers chose the latter.　　But Chongqing chose the former-the young Western municipality will build 40 million square meters of public rental housing in the next 10 years.　　Large area, high quality construction public rental, means a huge financial investment: Calculate the land transfer payment reduction and construction cost two items, only in Chongqing main city construction 20 million square meters public rental, about 100 billion yuan.　　Abandon the "Land sale" small account, good "for the people to do" big account, embodies the government's people's livelihood feelings and wisdom of governance. The first public rental housing 500 meters away from the light rail this February 28, Chongqing, the first common rental housing areas-the popular community, the home of the city, the huxing to 50 square meters to 60 square meters.　　The reporter sees in the plan diagram, has the sports ground, the supermarket, the elementary school, the kindergarten and the center landscape green space and so on, is only about 500 meters from the traffic light rail. Chongqing Mayor Huang calculate a sum: Only in the main urban construction of 20 million square meters of public rental housing, about 30,000 acres of land, land transfer gold and other governments reduce nearly 50 billion yuan. In addition, public rental housing construction costs about 50 billion yuan, overall, 20 million square meters of public rental, about the cost of nearly 100 billion yuan.　　This is similar to the size of Zhongqing's local revenue of 116.57 billion yuan last year. Although in the land transfer gold, the financial investment and so on, Zhongqing from the short term book looks "loses", however, policymakers believe that the government's vision to look farther, the initiative to give up the small account of the sale of land, in the investment environment, people's livelihood projects, the accumulation of wealth to the people, for the people to make money, a city to sustainable development of the eternal power and vitality,　　This is the "big account" of sustainable development. Facing the problem of public housing construction Fund, Chongqing City does not rely solely on financial funds, but relies on state-owned capital to play the role of "third finance". Chongqing's Public rental housing construction, early pilot by the city real Estate Group for the construction of the main body. The investment construction main body has the complete property right of the rented house, enjoys the appreciation income, but does not have the housing the pricing right and the transfer right. City Real Estate Group chairman Zhou Tianyun said that the 5 million square meters of public rental housing started this year, the total investment source of about 15 billion yuan, plans to raise and put in funds 7 billion yuan. This 7 billion yuan is divided into three blocks: the city finance arranges the land to transfer the income 500 million yuan, the state subsidy 500 million yuan; as public housing is real estate, there is a steady stream of rental income, this property can not only appreciate, but also mortgage financing, the city real estate Group will use its national budget and financing capacity, through Housing Provident Fund loans,　　Policy and Commercial bank loans amounted to 6 billion yuan.　Public rental housing to retain urban talent large area of public rental means that Chongqing has changed the domestic urban housing supply provided by the market a single system, to achieve government security and market supply "two-track operation"--30% low-income groups by public rental protection, 70% of the middle and high income groups by the market to provide commercial housing solutions.　Chongqing Public Rental Housing is the new generation of urban residents, university graduates, foreign workers, the newly employed people, such as "social sandwich layer." This part of the people have long been not to enjoy the protection of housing, a short period of time can not afford to buy commercial housing, accounting for about 30% of the total number of people, Chongqing Municipal party committee, Deputy Secretary-General, Research director Xu Xian analysis, said: "And this part is more knowledgeable, skilled personnel, but also the future most likely to grow into a middle class group, The excessive overdraft of their future income and the limitation of their development prospects by high house prices may lead to the difficult formation of the middle class that China needs to nurture. Tang Lu, an economics expert at Chongqing Industrial and Commercial University, says that on the surface, the government's large-scale introduction of public rental housing without land transfer is not cost-effective, in fact it is not. House prices soared, forcing many people to go to work, and naturally forced many entrepreneurs. and Chongqing to launch large-scale public rental housing, can solve the housing problem of the workers.　　This is equivalent to improving the investment environment, can attract more enterprises to invest in Chongqing, the increase in revenue, perhaps far more than in public rental housing expenditure. Public rental housing or can be regulated high land prices, high prices are becoming a hindrance to urban sustainable development of the "cancer." Experts believe that the former control of real estate means mainly in the reduction of demand, such as the contraction of credit, land and other policies, but because the demand is rigid, once the credit, land policy loosening, the real estate market will fall into a new round of price increases;　　Provides another way to curb high housing prices: to expand the supply of housing prices. Large-scale introduction of public rental housing, is not only the government to regulate the price of the "regulator", but also regulate the housing market supply and demand "buffer." Zhongqing, director of land and Resources and Housing Authority Zhang Dingyu said, in the existing commercial housing sales, less than 90 square meters of small huxing accounted for 40%, of which a considerable part of investment.　　Public rental housing is conducive to regulating the housing market rental prices, to curb the demand for part of the investment purchase, while indirectly curb the rapid rise in housing prices. Macro, dean of Chongqing University's School of Construction and real estate management, said that public rental housing will attract the "sandwich layer" crowd to the past, help guide more people to change the concept of housing, feel "rent than to bite the bullet to buy a house better life." In this way, the commercial housing market demand will be reduced, conducive to stabilizing housing prices.