Adapting policies to home needs

Advanced Search

The story appears on

Page A11

December 25, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Adapting policies to home needs

Source: Xinhua | 00:01 UTC+8 December 25, 2017 |

Print Edition

Different policies on different housing will support first-home buyers and upgraders in China and curb speculation in 2018, an official has said.

“We should stick to the principle that housing is for living in, not for speculation, and improve the long-term mechanism to promote a steady, healthy housing market,” Wang Menghui, minister of housing and urban-rural development, said at a meeting.

Market monitoring and analysis should be improved to ensure the accuracy of policies, he added.

“We should move faster to put in place a housing system that ensures supply from multiple sources, provides housing support through multiple channels, and encourages both house purchases and rental,” he said.

Large and medium-sized cities with net population inflow should step up the development of the housing rental market and set up state-owned home renting companies, Wang said.

China will support home renting companies and build government-led rental management and service platforms.

Third and fourth-tier cities and counties should continue to reduce unsold housing, according to the minister.

Real Estate

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

Adapting policies to home needs

Email this to your friend