With the end of 2023, the trend of the domestic property market has aroused people's attention and concern. The data shows that from January to October, the sales amount and sales area of commercial housing across the country decreased year-on-year, and housing prices also showed a significant downward trend. However, this is good news for those who have rigid and improved home buying needs. Because a drop in house prices means a decrease in the cost of buying a home.
However, some industry insiders pointed out that in another two months, the domestic property market may usher in three major changes, which will be super good for low- and middle-income groups. Next, I'll take a closer look at how these three shifts affect homebuyers.
According to the data of relevant departments, the transformation and old renovation of urban villages in China will be fully launched, and the scale of transformation is expected to be as high as 13400 million square meters. The so-called urban village renovation and old renovation refers to the maintenance and transformation of old houses without large-scale demolition. For example, painting houses, replacing old plumbing, reinforcing stairways, and installing elevators. At the same time, it will also increase the parking space and green area of the community, and provide fitness facilities. Through the transformation of urban villages and the renovation of old ones, the old communities will be renovated and the living environment will be greatly improved. In the future, these old houses that have been renovated will be easier**.
In addition, the renovation and renovation of urban villages will also create a large number of employment opportunities, promote the development of related industries, and help improve the overall quality of the city. Therefore, in the long run, the transformation of urban villages and the transformation of old villages will provide important support for the sustainable development of cities.
Recently, China issued the "Guiding Opinions on the Planning and Construction of Affordable Housing", which has been called the beginning of a new round of real estate reform by many people. According to the policy, 6 million affordable housing units will be provided over the next five years, and pilots are planned in 35 cities with populations of more than 3 million. This means that families with better economic conditions can choose to buy commercial housing in the market, while low-income families can apply to buy affordable housing. Affordable housing** will be much lower than nearby market commercial housing and will not be able to be traded. This will effectively reduce the cost of housing for low-income groups and provide them with a new way to solve their housing problems.
The introduction of a new round of housing reform policies is expected to promote the healthy development of the real estate market, promote the reasonable return of housing prices, and effectively alleviate the pressure of the real estate bubble. At the same time, it will also help optimize the urban population structure and improve the quality of life of residents.
In the future, a large number of affordable rental housing will enter the market to solve the housing problem of low-income groups. In Beijing, for example, it plans to launch 400,000 units of affordable rental housing during the 14th Five-Year Plan period. In addition to solving the problem of renting houses for low-income people in cities, it will also provide rental options for some college students and migrant workers who have just joined the workforce. This means that low-income groups can completely solve their housing problems by renting, and do not necessarily need to buy a house. With the large number of affordable rental housing, the rental cost of low-income groups will also drop significantly, thereby reducing their financial burden.
The launch of affordable rental housing can not only provide diversified housing options, but also promote the standardized development of the rental market, and promote the optimization and coordination of the housing rental market and the commercial housing market.
To sum up, the domestic property market will usher in the transformation and old reform of urban villages, a new round of housing reform and a large number of affordable rental housing into the market. For low- and middle-income groups, this is a huge benefit, providing them with more ways to solve their housing problems. In the next two months, we have reason to expect further developments and changes in the property market.
From the above description, we can see that in the next two months, there will be a major shift in the property market, which will have a positive impact on the low- and middle-income groups. The renovation and renovation of urban villages will bring a new look to the old community and improve the living environment and quality of life. The new round of housing reform policies will provide more affordable housing options and reduce the cost of housing for low-income families. At the same time, the entry of a large number of affordable rental housing into the market will reduce the rental pressure of low-income groups. These transformations will bring convenience and improvement to our lives.
In short, the property market is about to usher in a major shift, and low- and middle-income groups have reason to expect better living conditions and lower home costs. Hopefully, these transformations will bring more beautiful possibilities to our lives. Whether we are buying a house or renting a house, we should weigh the pros and cons according to our actual situation, make a reasonable choice, and create a warm and comfortable living environment for ourselves and our families.