Draft law on housing security is being drafted affordable property rights in common

A draft of the Housing Security Act is being drafted affordable the government tenants of the proposed property in total yesterday, "Housing security Law," the drafting group of experts, Tsinghua University Law School deputy Dean, Tsinghua University real Estate Law Research Center, Shen said to the media, China is drafting the "Housing Security Act", to provide the government and households have a common affordable property rights. Shen Weixing introduced that the "Housing Security Act" will be related to supporting facilities, construction standards and other relevant detailed provisions, in addition, in order to prevent the formation of slums, the draft also provides for the protection of the lot of housing.　　The draft also has more detailed requirements on the surrounding traffic, supermarkets, hospitals and other supporting standards for the protection of sexual housing. In the protection of property rights of housing, Shen Satellite revealed that the past affordable is limited property rights, after 5 years of purchase can be listed for sale. Therefore, many people make every effort to buy affordable, even as an investment, in 5 years after the very low price of the house to sell, can make a lot of money, which led to many people for profit and fake. In the draft, concerning the property right of the affordable, it is stipulated that the local government and the guarantee object shall have the property right of the economic applicable housing, and the proportion of the contribution is determined according to the proportion of land use and construction and installation cost. 5 years later, such a common property can also be listed for sale, after the sale of funds in accordance with the proportion of capital distribution. This form of distribution will be greatly compressed to the housing profit-making profits space, so that affordable housing benefits to the real need to protect the people.