--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar


Hot Links
China Development Gateway
Chinese Embassies

Capital Acts on Low-end Housing

New measures aimed at protecting low income housing, including size restrictions and time limits on new purchases, went into effect on Wednesday.

The policies will ensure low-end housing goes to needy urban residents and is not used to line developers' pockets, said Yan Mengyu, a Beijing-based real estate investor, Thursday.

The new policies reduce profit expectations from investments into low-end housing by restricting unit sizes to between 60 and 80 square meters, which, in turn, affects potential rentals, Yan said.

At the same time, housing can only be sold after a period of time, which in Beijing could be up to five years. Moreover, if the housing is sold at market prices, the seller will no longer be allowed to buy more low-end housing.

The Beijing municipal government said on Tuesday that as of next Thursday, economically affordable housing bought less than five years ago can only be sold cheaper than the purchase price, instead of the market price at the time of re-sale. There will also be a 10 percent comprehensive land compensation fee and purchasers can only be people eligible to own such housing - families earning less than 60,000 yuan (US$7,200) a year.

Since the rules were released, real estate agencies in Beijing have been flooded with calls from owners of economically affordable housing, who are eager to sell before the deadline, said Yan.

The new national policy will also affect real estate developers who vie for low-end housing projects. Yan said the limited area might take away much of the glamour of such projects in the eyes of many real estate developers, who find real profits in more spacious units.

Sales of economically affordable housing to higher-income earners has long been a controversial issue.

What has drawn much media fire in recent years in such large cities as Beijing is the sharp contrast between the long queues of people waiting for several days and nights to buy low-end housing and the packed cars in existent residential squares of those complexes.

Nearly half of the 1,000-odd people, who answered a survey carried out by the Central Television Station in the aftermath of the new national policy, said low-income earners have not really enjoyed the benefits of low-end housing programs.

According to the Ministry of Construction, low-end housing will comprise only 15 to 20 percent of new housing in the country.

Some, however, doubt the ultimate effectiveness of the new policy considering the poor track record of similar efforts. For example, a move to ensure the reliability of income reports of applying families by making them public has drawn no attention from local people in Beijing.

The new policies were adopted by the Ministry of Construction, the State Development and Reform Commission, the Ministry of Land and Resources and the .

(China Daily May 14, 2004)

China Regulates Housing Market
Housing Safeguard Document Due out
Tougher Criteria for Purchasing of Affordable House
More Decent Housing for Poorer Families
More Affordable Houses for Low-income Families
157.8 Billion Yuan Invested in Affordable Housing
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688
主站蜘蛛池模板: 日本道v高清免费| 爱情岛论坛亚洲品质自拍视频| 国产欧美日韩另类va在线| 99热都是精品久久久久久| 性放荡日记高h| 久久久久99人妻一区二区三区 | 国产区精品一区二区不卡中文| 色狠狠一区二区三区香蕉蜜桃| 在公车上被一个接一个| 一本久到久久亚洲综合| 打开腿我想亲亲你下面视频| 久久婷婷五月综合97色一本一本| 欧美zoozzooz性欧美| 亚洲成av人片在线观看无码| 波多野结衣教师在线观看| 免费看的一级毛片| 精品国产亚洲第一区二区三区 | 激情艳妇之性事高h| 免费无遮挡无码永久视频| 美国式禁忌3在线观看| 国产a级特黄的片子视频| 野花香高清在线观看视频播放免费| 国产成人精品视频午夜| tom影院亚洲国产一区二区| 国产精品福利一区二区久久 | 18女人腿打开无遮挡网站| 国产色视频一区| 999国产精品999久久久久久| 天天干天天色综合| mm1313亚洲国产精品美女| 小12箩利洗澡无码视频网站| 两性色午夜免费视频| 成人永久福利在线观看不卡| 久久99精品免费视频| 日本xxxx高清在线观看免费 | 亚洲欧美日韩电影| 求网址你懂你的2022| 亚洲熟妇丰满xxxxx| 欧美高清性XXXXHDVIDEOSEX| 亚洲精品国产高清不卡在线 | 国产热の有码热の无码视频|