A new round of demolition and relocation is comingOnce a piece of paper is issued, these three ty

Mondo Finance Updated on 2024-01-31

According to the data for the first half of 2023, China's second-hand housing market has seen a significant desertion, with the sales area falling by 222%。There are multiple reasons behind this phenomenon, including policy tightening, low home buyer expectations, and an imbalance between supply and demand.

First of all, the tightening of policies is one of the main reasons for the desertion of the second-hand housing market. Since 2022, China has successively introduced a series of property market regulation policies, aiming to curb the excessive growth of the real estate market and prevent financial risks. These policies include increasing the financing costs of real estate developers, increasing restrictions on purchases and loans for home buyers, and strengthening the crackdown on developers' violations. The implementation of these policies has made it more difficult and expensive for home buyers to buy a house, which has affected their willingness to buy second-hand housing.

Secondly, the low expectations of home buyers are also one of the reasons for the cold second-hand housing market.

With the long-term housing price **, home buyers' expectations for the future trend of housing prices are gradually becoming rational, and the number of people who choose to wait and see or temporarily give up buying houses is gradually increasing. Home buyers' concerns about future economic development and market prospects have made them more wary of the risks of housing prices, and thus have taken a wait-and-see attitude towards the second-hand housing market.

In addition, the imbalance between supply and demand is also one of the reasons for the desertion of the second-hand housing market. In the past few years, China's real estate market has experienced a stage of rapid growth and balance between supply and demand. However, with the strengthening of the first regulatory policy and the weakness of the demand side, the imbalance between supply and demand has gradually emerged. The surplus second-hand ** and insufficient demand for housing have led to an imbalance between supply and demand in the market, which has greatly reduced the transaction activity of the second-hand housing market.

In response to this problem, the state has launched the old reform policy as an important measure to solve the problem of old buildings. Compared with the traditional demolition and relocation method, the old reform policy can reduce the economic cost and make the resettlement of residents more orderly.

The old renovation policy improves the living environment of old buildings and improves the quality of life of residents through overall renovation, installation of elevators, and reduction of potential safety hazards. Taking Hongkou Yixian Community as an example, the implementation of the old reform policy has increased the housing price and real estate market value of the community, and also improved the quality of living. Not only that, but the old reform policy will also directly benefit nearby residents, old reform units and local **.

Overall, the phenomenon of the second-hand housing market is affected to a certain extent by various factors such as policy tightening, sluggish home buyers' expectations and the imbalance between supply and demand. In response to this problem, the introduction of the old reform policy is undoubtedly a proactive measure, which can not only solve the problems of old buildings, but also bring tangible benefits to the relevant people. Only through comprehensive measures can we regulate and control the real estate market and promote the healthy development of the market.

The renovation project of Hongkou Yat-sen Community has achieved remarkable results in the first half of the year, providing us with a successful case, which is one of the reasons why the renovation policy has attracted much attention.

First of all, for residents, the renovation has played an important role in improving the quality of living. Before the old reform, Hongkou Yixian Community was an old residential area with many problems, such as old facilities, old wires and pipes, safety hazards, and so on. These problems have seriously affected the quality of life and sense of security of residents. Through the old renovation, the entire community has been comprehensively renovated and upgraded, including renovating and decorating houses, installing elevators, replacing new facilities and equipment, and so on. These improvements have not only improved the living environment of the residents, but also allowed them to enjoy better living conditions. In addition, in order to ensure the interests of residents, the old reform policy also stipulates corresponding compensation measures, such as providing temporary housing, relocation compensation, etc., to ensure that residents receive reasonable resettlement and returns.

Secondly, the old reform has also brought about an increase in economic benefits. After the renovation of Hongkou Yixian Community, the housing price has been significantly improved, and the market value of the property has also increased.

This is mainly due to the fact that the quality of the renovated houses has been greatly improved, the living environment has been improved, and more buyers have been attracted. The increase in housing prices not only increases the asset value of residents, but also brings economic benefits to the entire community. In addition, the implementation of the renovation project has also stimulated the growth of the construction industry, driven the development of related industrial chains, and injected new vitality into the local economic growth.

In addition, the implementation of the old reform policy has also had a positive impact on the relevant units and **. First of all, the old renovation will focus on the original scattered old houses, and improve the land use efficiency. This enables relevant units to better plan and utilize resources in the process of carrying out old renovation projects, and improve land utilization. At the same time, the old reform has also improved the image and ability to perform duties. Actively promote the implementation of old renovation projects, which can not only meet the housing needs of citizens, but also promote economic development, improve the level of governance and people's livelihood and well-being.

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