A few days ago, the signing ceremony of the first batch of acquisition projects of Chongqing Rental Housing Loan Support Program and Housing Leasing ** was held, Chongqing Jiayu Housing Leasing Company and Chongqing Jianyu Housing Leasing ** acquired a total of 7 projects, with a total of 4,207 small units**, which will be used for rental housing.
The point is: both acquirers have state-owned backgrounds.
So,When a great change strikes, most people often don't realize it.
Chongqing is not the first city to eat crabs, and other cities started the "stock house sweeping operation" as early as last year. Fuzhou and Jinan issued two loans, respectively 48.8 billion and 4600 million yuan to acquire the stock of commercial housing.
Entering 2024, the amount of funds and the speed of implementation will be significantly accelerated.
Qingdao got a loan of 18500 million yuan to support the acquisition of 7 projects, involving 2,319 houses.
Tianjin Binhai New Area landed capital 191.8 billion yuan to support the acquisition of 4 projects, involving 1,826 houses.
Question, where does the money come from?
At the beginning of 23, the People's Bank of China set up a 100 billion yuan "rental housing loan support plan", selected 8 cities to carry out pilot projects, and supported housing rental institutions to purchase stock housing in batches for use as affordable rental housing.
The pilot cities include Fuzhou, Tianjin, Chongqing, Chengdu, Changchun, Qingdao, Jinan and Zhengzhou. This is the beginning of a new round of destocking campaigns.
If you look at the five cities we mentioned earlier, they are: Chongqing, Fuzhou, Jinan, Qingdao, and Tianjin, are they all on the pilot list?
In fact, the national team began to acquire stock houses in 2022.
Henan, Jinan and other cities have publicly acquired**, and Suzhou plans to buy back 10,000 new houses.
In addition, cities such as Huzhou, Handan, and Altay have also encouraged the conversion of stock housing into rental housing ......
Let's look at the characteristics of the selected pilot citiesOn the one hand, the inventory of the property market is high and the removal is slow
On the other hand, the strength of the city is not bad, and there is a population inflow and demand for housing purchases
There is hope for the property market to destock.
Chongqing acquired 4,207 properties this time, equivalent to half of the monthly transaction volume of commercial housing in the main urban area of Chongqing.
Last year, residential sales in eight pilot cities reached a total of 1 trillion yuan, of which 100 billion yuan is equivalent to 10% of sales.
At present, the "Rental Housing Loan Support Program" is still in the pilot stage, and may be promoted in more places in the future.
Ideally, the national team's closing can have the following four effects:
1.help local governments to destock and stabilize housing prices;
2.alleviate the pressure on local debt;
3.Raise rental housing**;
4.Cultivating the purchasing power of commercial housing in the future.
If the "price increase and destocking" in 2015 is an indiscriminate flooding, then the "acquisition and destocking" in 2024 is more like a precise directional release.
The property market has been divided into pilot cities and small and medium-sized cities.
Countless small and medium-sized cities with a continuous outflow of population and capital will face the fate of exhaustion of purchasing power and being left behind.
The divergence in urban values will become more pronounced in 2024.