日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Economy

Low-income housing key to curb rising home prices

(Xinhua)
Updated: 2010-10-04 11:56
Large Medium Small

BEIJING - Experts said on Oct 3 that promotion of low-income housing by local governments is key to curbing China's rising home prices.

China's low-income housing system mainly includes affordable housing, price-limited housing, low-cost rental housing and public rental housing aimed at different low-income groups.

Low-income housing, different from commodity housing, should not be regulated by the government's measures enacted recently to crack down on the property market, said Wang Xiaoguang, a researcher with the Chinese Academy of Governance.

Since the reform of the housing system in 1998, Chinese families have obtained housing mainly by two means, commercial residential buildings for the middle- and high-income families, and affordable housing for low-income families.

However, skyrocketing housing prices and a shortage of low-income housing blocked Chinese residents' housing dreams, said Wang Li, a United Nation's chief economist stationed in China, who was previously an economist with the China Academy of Social Sciences (CASS).

In a move to cool rising housing prices, China suspended bank loans for third home purchases beginning Oct 1 and plans to extend property taxes throughout the country. Further, all first-home buyers will now have to pay a down payment of at least 30 percent of the purchase price, according to the new rules.

These rules also reaffirmed support for construction of affordable housing, including pledges that commercial banks should continue to provide loans for the development of affordable housing and draft policies to support public rental housing construction with mid- and long-term loans.

Related readings:
Low-income housing key to curb rising home prices Premier pledges to keep housing price reasonable, stable
Low-income housing key to curb rising home prices 91%?unsatisfied with home price: Survey
Low-income housing key to curb rising home prices VP urges rental housing for low-income people
Low-income housing key to curb rising home prices Rising prices put squeeze on renters

Property developers, however, will not buy these tax preferences and vie with each other to construct low-income housing, given that the tax savings are tiny compared with massive profits from commercial residential building, said Wang Xiaoguang.

Also, these stimulants should be targeted at local governments who shoulder the responsibility to build low-income housing to meet the basic needs of residents, he said.

The central government should also implement mandatory standards to local governments in formulating and implementing policies and, above all, treat low-income housing differently than commercial housing, according to Wang.

Otherwise, although the central government set a quantitative goal for each provincial government to build low-income housing, local governments might well fall short of reaching these goals because they would rather sell land to commercial developers for large profits, Wang noted.

Additionally, increases in building low-income housing will deter speculation in China's property market and thus be conducive to cooling down rising home prices, Wang Li said.

As of the end of August, China had begun building 4.1 million low-income housing units, accounting for 70 percent of the full-year plan, while investing 470 billion yuan ($70 billion), or 60 percent, of the full-year plan, said Hou Ximin, an official from the Ministry of Housing and Urban-Rural Development.

China also plans to build 3 million low-cost rental-housing units, transform 2.8 million units found in shantytowns, and renovate 1.2 million dilapidated rural houses this year.

Finally, China's real estate market has undergone a substantial upswing in the past two years. A report released by the CASS showed average home prices in China rose 25.1 percent year-on-year in 2009, outpacing the annual income growth of urban residents by 15.3 percentage points.

主站蜘蛛池模板: 欧美综合区 | 三年中国中文观看免费播放 | 六月丁香激情 | 欧美性a视频 | 国产精品福利一区二区三区 | 97超碰福利 | 91人人在线 | 精品日韩中文字幕 | 91影库| 欧美狂猛xxxxx乱大交3 | 四虎综合 | 另类专区成人 | 日本中文字幕视频 | 影音先锋天堂网 | 久久国产免费 | 欧美一区2区| 在线免费av网站 | 91精品国产麻豆 | 91精品国产乱码久久久久 | 国产一区影视 | 色无极亚洲影院 | 欧美精品福利 | 久久伊人国产 | 免费成人精品 | 日韩一道本 | 91精品国产综合久久久久久 | 成年人在线观看免费视频 | 天天干天天透 | 国产精品成av人在线视午夜片 | 国产精品日韩av | 国产精品久久久久久久久久免费 | 色av影院 | 久久精品99国产精 | 开心春色激情网 | 欧美成人综合 | 久久麻豆精品 | 麻豆av一区 | www久久com| 久久一区二区精品 | 波多野结衣中文字幕一区二区 | 日日射天天射 |