The State Council issued a document to promote the construction of affordable rental housing. What are the highlights?

The "Opinions" focus on reducing the burden of affordable rental housing enterprises, vigorously increasing the supply of affordable rental housing, and solving the housing difficulties of new citizens, young people and other groups.

On July 2nd, the General Office of the State Council issued the Opinions on Accelerating the Development of Affordable Rental Housing (hereinafter referred to as the Opinions), which clarified the basic system and supporting policies of affordable rental housing.

Insiders pointed out that the "Opinions" aims to fully support the development of affordable rental housing from five aspects: land, capital, finance, tax support and optimization of administrative examination and approval, with the focus on reducing the burden on affordable rental housing enterprises and vigorously increasing the supply of affordable rental housing; Solve the housing difficulties of new citizens, young people and other groups, especially those engaged in basic public services.

The opinions issued by the General Office of the State Council aim to support the development of affordable rental housing in terms of land, capital, finance and tax support.

Incorporate new citizens and young people into rental housing security.

The "Opinions" pointed out that we should adhere to the positioning that "houses are used for living, not for speculation", highlight the livelihood attributes of housing, expand the supply of affordable rental housing, alleviate the structural supply shortage in the housing rental market, promote the establishment of a multi-agent supply, multi-channel security, and rent-and-purchase housing system, promote new urbanization with people as the core, and promote the realization of all people living and living.

It is worth noting that the Opinions clarify the object standards and propose that affordable rental housing mainly solves the housing difficulties of eligible new citizens, young people and other groups, mainly small-sized units with a construction area of not more than 70 square meters, and the rent is lower than that of rental housing in the same location and the same quality market. The specific entry and exit conditions and the specific area of small-sized houses are reasonably determined by the city people's government in accordance with the principle of "guaranteeing the basics".

It is understood that the results of the seventh national census show that the floating population in China will be 376 million in 2020. These groups generally have low incomes, and the demand for renting houses is mainly small-sized units and low rents. At present, the rental market mainly supplies two-bedroom apartments of 60-90 square meters and more than 3,000 yuan. The supply of public rental housing is not large, which leads to poor housing conditions for new citizens, young people and other groups, and it is difficult to find suitable housing.

In this context, Huang Hui, a senior analyst at RealData, pointed out that the Opinions clearly pointed out that affordable rental homeowners are mainly small-sized houses with low rents. In the future, China will form a housing security system covering new citizens and other groups, alleviate the structural shortage of existing rental housing, and enable new citizens, young people and other groups, especially those engaged in basic public services, to live and work in cities.

Ba Le Rabbit Research Institute also said that the opinion clearly stated that the supply-side reform should give priority to the protection of new citizens and young people, with the main purpose of expanding the supply of affordable rental housing and alleviating the structural shortage of population movement, and put forward normative and guiding suggestions for affordable rental housing.

Introduce a number of policy support to improve the enthusiasm of leasing companies.

The Beijing News reporter noted that in order to solve the housing difficulties of eligible new citizens, young people and other groups, the Opinions clearly stated that the government should give policy support to land, finance, taxation and finance, give full play to the role of market mechanism, and guide multi-agent investment and multi-channel supply, mainly using existing land and housing construction, appropriately using newly supplied state-owned construction land, and rationally supporting commercial service facilities; Support specialized large-scale housing leasing enterprises to build and operate affordable rental housing.

The Opinions further put forward corresponding support policies. For example, in further improving the land support policy, big cities with net population inflow and cities determined by provincial people's governments can explore the use of collectively operated construction land to build affordable rental housing; The land that enterprises and institutions have obtained the right to use according to law is allowed to be used for the construction of affordable rental housing under corresponding conditions, and the land use is changed without paying the land price; The upper limit of land area for supporting the construction of administrative office and living service facilities for industrial projects in industrial parks can be increased from 7% to15%; Land for affordable rental housing can be supplied by means of transfer, lease or allocation ... In this regard, Huang Hui pointed out that these policies can increase the supply of effective rental housing and effectively alleviate the problem of job-residence imbalance.

In addition, the development of affordable rental housing is inseparable from financial support. To this end, the "Opinions" propose to use non-residential stock land or houses to build affordable rental housing. After obtaining the certificate of affordable rental housing project, the price of water, electricity and gas shall be implemented in accordance with the applicable preferential tax policies such as housing rental value-added tax and property tax. At the same time, support banking financial institutions to provide long-term loans to self-sustaining entities of affordable rental housing in a market-oriented manner, and treat them differently when implementing real estate credit management.

It is worth noting that on July 2, the National Development and Reform Commission also issued the Notice on Further Improving the Pilot Work of Real Estate Investment Trust Funds (REITs) in the Infrastructure Sector, clearly including affordable rental housing (including affordable rental housing projects in municipalities directly under the Central Government and large cities with net population inflow) into the infrastructure REITs pilot.

According to Zhao Ran, president of ICCRA Housing Leasing Industry Research Institute, this notice can be regarded as a supporting policy of the Opinions, which means that the state will provide assistance from the capital side to accelerate the development of affordable rental housing. Huang Hui said that it is expected that the financing environment of affordable rental housing will be improved in the future, and the problem of financing difficulties will be effectively alleviated.

Industry insiders predict that the financing environment of affordable rental housing will be improved in the future, and the problem of financing difficulties will be effectively alleviated.

Industry: The new lease policy has high accuracy and strong operability.

In Huang Hui's view, the Opinions aims to support the development of affordable rental housing from five aspects: land, capital, finance, tax support and optimization of administrative examination and approval, and solve the housing difficulties of new citizens, young people and other groups, especially those engaged in basic public services.

Li Quan, founder of Fang Dongdong Apartment, pointed out that the Opinions are programmatic documents of the Central Committee, which once again emphasized the guarantee of rental housing. This is a connecting link with the central real estate policy and complements each other. We must insist on housing and not speculation.

"High accuracy and operability are the outstanding features of the Opinions." Zhao Ran told the Beijing News reporter that these opinions are accurate. On the demand side, the population and demand characteristics of affordable rental services are defined, and the corresponding requirements for product design and rent setting are put forward, which fully reflects the determination to protect new citizens and young people. On the supply side, the policy directly hits two major contradictions in the development of the current affordable rental housing market: one is the mismatch between market supply and demand, and the other is the contradiction between the limited market payment ability and the large investment and low income of affordable rental housing enterprises.

In addition, Zhao Ran pointed out that the opinions put forward the policies of "insisting on matching supply and demand", "vigorously developing dormitory-type affordable rental housing in industrial parks" and "encouraging the construction of a certain proportion of affordable rental housing on the subway", which will greatly alleviate the contradiction between supply and demand in the market.

It is worth mentioning that this is not the first time to alleviate the housing difficulties of new citizens, young people and other groups.

In fact, the executive meeting of the State Council held on June 18 this year determined the policy of accelerating the development of affordable rental housing and alleviating the housing difficulties of new citizens and young people. The meeting pointed out that in order to ensure the basic housing needs of new citizens and young people in the process of urbanization, it is determined to implement the main responsibility of the city government, encourage market forces to participate, and increase the supply of small-sized affordable rental housing with rents below the market level. Large cities with net population inflow can rebuild affordable rental housing by using collectively-owned construction land, land owned by enterprises and institutions or idle commercial office buildings. From June 65438+1 October1,leasing enterprises rent houses to individuals and large leasing enterprises, and pay value-added tax at the reduced rate of 1.5%, while property tax is levied at the reduced rate of 4%.

"After the introduction of the opinions, the obstacles faced by various types of affordable rental housing projects are expected to break through. With the implementation of fiscal and taxation policies and the diversification of financing methods for affordable rental housing, a mature housing rental market with multi-subject supply and multi-channel guarantee will be formed in the future. All groups can live and work in cities. " Huang Hui said.

Impact: Stabilize market rents and help enterprises to transform into light assets.

Then, what impact will the above opinions have on leasing enterprises? In this regard, Liu Xiang, CEO of Youkeyijia, told the Beijing News reporter that in the short term, affordable rental housing will stabilize the market rent level, which will have some impact on the profits and losses of enterprises that used to rent at high prices or whose operating budgets mainly focused on rent increase. In the medium and long term, affordable rental housing and related supporting policies have increased the supply of rental housing in the market, which is a long-term positive for professional companies with refined operation capabilities.

"In the future, these houses need to be managed by professional operating companies, which will help some enterprises in the industry to transform into light assets." Liu Xiang said.

Xu Zaoxia, founder and CEO of Anzhen Group, pointed out that once the policy is implemented, it can bring more benefits. Among them, "non-rent reform" can simultaneously change commercial electricity consumption into civil electricity standard, which has obvious effect on reducing residents' cost and improving happiness index; The supporting proportion of the industrial park has been increased from 7% to 15%, and the increased part is mainly used for building dormitory apartments, which can solve the problems of insufficient supporting facilities and product mismatch in the park; Simplifying the approval process can make the opening time of enterprises more controllable; Affordable housing does not need to pay land transfer fees, which can increase the supply of housing; In addition, strengthening financial support can obtain lower-cost funds for enterprises.

Zhao Ran pointed out that the Opinions guaranteed the ownership of land and real estate used for affordable rental housing, and made it clear that "who invests and who owns". At the same time, the detailed rules such as "the nature of land use will not be changed and the land price will not be paid back" and "the land price can be paid in installments" can be reasonably transferred from the source of land to reduce the burden on enterprises.

Beijing News reporter Zhang Xiaolan