Shao Ming, director of Huai'an Housing Management Bureau, explains Huai'an's "New Real Estate Policy" in detail

Shao Ming, director of Huai'an Housing Management Bureau, said that he likes innovation and his blog is called "Speaking of Justice and Responsibility".

When we received relevant notices from the Provincial Party Committee and the Municipal Party Committee on the construction of affordable housing, we came up with Huaian’s first property-rights housing security model that attracted great attention from all walks of life.

“At that time, a leader came to talk to me and said that he would strongly support innovation.” Two years later, Shao Ming was still satisfied when he told China Business News about the “Huai’an Real Estate New Deal” he had explored and initiated. It's passion. He believes that compared with the affordable housing policy that has been implemented nationwide for about ten years, the "Huaian Model" is nothing short of a revolution.

“The blue is better than the blue”

The so-called *** housing security model with property rights means that house buyers and the government purchase houses according to the proportion of capital contribution, and each enjoys the corresponding proportion of property rights. Since its earliest implementation in 2007, official documents have been issued clarifying the property rights ratios of 7:3 and 5:5 between home-buying households and the government.

“In fact, ***property rights are not reinventing the wheel, but an innovation based on the existing resettlement housing and affordable housing models.” Shao Ming told this reporter that this approach is consistent with economical and affordable housing. There are two fundamental differences in real estate: changing limited property rights into proportional property rights; changing allocated land into transferred land.

The affordable housing system, which was brewed in the early 1990s, once became a trend across the country when it was first implemented. However, around 2005, due to the phenomenon of "rich people gathering" and high rental and sales rates of affordable housing, which was widely questioned, the then Ministry of Construction adjusted it and entered a period of transformation.

In Shao Ming’s view, the limited design of the affordable housing system became the fundamental reason for his initial decision to explore innovative mechanisms. "It is undeniable that affordable housing has many advantages in concept, but because it implements limited property rights, it lacks operability in practice; in addition, because it forms a profitable gray area in reality, it not only affects the market , It also puts pressure on the management department and damages its reputation.”

At the same time, Shao Ming believes that the exit mechanism for affordable housing is also harmful and has no benefit. According to the planned design of the Huaian model, because the property rights houses have clear proportions and ownership relationships in the "House Registration Book" and its "House Ownership Certificate", when they are resold privately, not only the buyers do not have legal property rights certificates, There are great risks, and both the buyer and the seller have constituted infringement of the interests of the owner of the property, the country. The government can stop, correct, and crack down on this behavior in accordance with the law, and the exit mechanism is clear and operable, and it will not leave it alone like the affordable housing. .

Even if the purchase of a house with property rights is successful through fraud, the government property rights income must be handed over when reselling it. If you buy it at the original price within 5 years, you will only get this part of the loan interest. There is no room for illegal profiteering during "export", and fraud during "import" has basically disappeared. This is to counter "import" with "export".

The debate over the possibility of promotion

When the "Huai'an Model" came out, it attracted the attention of some scholars, officials and developers. The Macroeconomic Research Department of the Development Research Center of the State Council organized a seminar on the innovative results of this model, and Huaian Municipal Party Committee Secretary Liu Yongzhong and other major local leaders were present.

It is reported that the result of the discussion is that this model has been supported by leaders and experts from the State Council Development Research Center, the Central Financial and Economic Leading Group, the State Council Research Office, the Ministry of Finance, the Ministry of Housing and Urban-Rural Development, the Ministry of Land and Resources and other departments Of course.

However, can it be promoted nationwide? Opinions vary, and some doubts are rising. During the "Two Sessions", Chen Wanzhi, deputy to the National People's Congress and vice chairman of the Chongqing Municipal People's Political Consultative Conference, believed that the Huai'an model has reference significance for Chongqing, but it cannot be copied in its entirety. He believes that the core issue of current housing supply is to break the monopoly of developers and lower housing prices. Cooperative housing construction should be encouraged and competition with developers should be encouraged.

Some people believe that this model has no promotion value for cities like Beijing and Shanghai where housing prices are rising rapidly. Because in places with low housing prices, the existing property rights ratio is affordable for ordinary people, but for areas with high housing prices, even if it is 3:7, the price of nearly 10,000 yuan per square meter is unaffordable for low-income families. Therefore, affordable housing is still needed in these cities.

“The higher the housing prices in a place, the more property rights housing should be promoted.

"Shao Ming responded firmly to this statement. He believed that it was not a matter of implementation or not, but whether the local housing authority was "sincere" in solving the problem of the "real poor".

Shao Ming believed that these Urban housing prices are too high. Even for privately-owned houses with a very low proportion of households, the investment amount is still very high, and middle-income families may not be able to afford it. This is a fact. But because of this, there is room for profit in traditional land allocation for affordable housing. The traditional model gives the "fake poor" the opportunity and space to devour the interests of the "real poor"

"Another point I have always emphasized is that housing security cannot be done in isolation and let housing prices rise. It is reasonable and the last word is that the vast majority of families can buy suitable housing through the market. ” He said.

Regarding the question that this model “will impact the commercial housing market”, Shao Ming believes that it will not, because the government only needs to draw boundaries in the market and give people full freedom of choice, and the market will only