The story appears on

Page A11

December 25, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Related News

HomeBusinessReal Estate

Adapting policies to home needs

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

鈥淲e 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,鈥 Wang Meng颅hui, 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.

鈥淲e 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,鈥 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.


 

Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

娌叕缃戝畨澶 31010602000204鍙

Email this to your friend