Ministry of Homeland will launch follow-up policy to combat hoarding

Following the introduction of restrictions, the ban on the use of the project directory, the Ministry of Land and Resources Planning Division director Dong Zuo in yesterday's ten ministries to curb overcapacity second joint information release, said the Ministry of Land and Resources will introduce follow-up policies to curb the developers hoarding behavior, and the major violations of the case exposure. Dong Zuo that there is no shortage of land supply at present, but the actual supply of land may be insufficient due to the developers ' hoarding and so on. He pointed out that the last two years there are some land unused, some of which may be in the hands of developers, not in time for development and construction, "should find ways to take this part of the land for use." "To this end, the Ministry of Land and Resources is actively research countermeasures to monitor the process of land development, developers to store the behavior of the crackdown, and will expose related violations."　　As for the timing of the follow-up policy, Dong Zuo said it would soon be announced, but he did not disclose more specific time and information. On the previous day, the Ministry of Land issued a list of restrictions on the use of the project directory (2006 this supplement) and the "ban on the use of the Land Project directory (2006 this supplement)" notice, directed at developers hoarding land phenomenon. The notice is clear the land of commercial residential land transfer area limit, small city (town) not more than 7 hectares, medium-sized city not more than 14 hectares, large cities can not more than 20 hectares (about 300 acres).　　Analysis of the industry, restrictions on land transfer area, will make the total price of "king" has been reduced, but also made developers more difficult to hoard. Recently, the frequent emergence of developers hoarding behavior has caused a high degree of concern of the Ministry of Land.　　Two months ago, the Ministry of Land issued a "land reserve system for the construction and operation of the investigation of the emergency notice", the investigation includes the total amount of construction, structure and the situation from the reserve land, the investigation aims at the problem of hoarding. For the future trend of house prices, Dong Zuo that, in the long run, China is in the process of speeding up development, the land is increasingly scarce, the price of commercial housing is still to rise, no one can restrain, to curb the ordinary commercial housing prices of abnormal rise.　　He believes that should not be reduced by the way the land transfer, because so that the profits will only fall into the hands of developers, but through the way of tax, some of the income growth of housing prices to carry out the construction of low-cost, or return to the home buyers. "I personally feel that the problem now, from the land side, is not the security of housing and high-grade real estate has any policy (need to change), the protection of housing to take the allocation of land is very clear, high-grade real estate is definitely towards a complete market, tender, auction, listing of land transfer." "Dong Zuoji said.