国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Top scholar proposes massive home buyback

By Zheng Yangpeng (chinadaily.com.cn) Updated: 2016-03-14 16:42
Top scholar proposes massive home buyback

Potential customers look at a model of a real estate development in Yichang, Hubei province.[ZHOU JIANPING / FOR CHINA DAILY]

The Chinese government should spend big on buying back a massive glut of homes in third- and fourth-tier cities and assign them to low-incomers, Yao Yang, dean of the National School of Development at Peking University, told China Daily in an exclusive interview.

"Now is the best time for the government to buy back (because of the market downturn in third- and fourth-tier cities)," said Yao, who often consults the government on economic issues. "The government should bargain for a good discount with developers, and offer these idle homes to low-income earners as public rental flats, or as compensation to those displaced by demolition or renovation of dilapidated urban residences."

This year’s economic plan, outlined in the Government Work Report, said that China will ramp up subsidies to encourage migrants to seek public housing on their own, instead of building massive amounts of homes and assigning units to applicants. The government will support the development of the rental market.

During January-February, unsold homes in China grew 15.7 percent to reach 739 million square meters, according to the National Bureau of Statistics. 70 percent are in third- and fourth-tier cities.

Commenting on the hike in home prices in first-tier cities and worries of a bubble bursting, Yao said he saw no sign of an "immediate bubble burst". Even if a bubble did burst, it would hurt wealthy people in these cities, who could afford the skyrocketing prices there.

"I see no solution (to a price hike in first-tier cities). Those who can afford the prices, they should bear their own risk," Yao said. "For the general public, more financial education is needed to warn them against panic buying. They should not be fooled by the bluff of agents."

He said low-income earners in first-tier cities will rely on governments to own a home.

Hot Topics

Editor's Picks
...
万州区| 承德市| 镇江市| 鄄城县| 林周县| 合作市| 迭部县| 佛冈县| 东乡县| 汝南县| 安福县| 五寨县| 高清| 新巴尔虎右旗| 岗巴县| 象州县| 琼海市| 简阳市| 高唐县| 杭锦后旗| 平谷区| 托克逊县| 铜梁县| 德清县| 望都县| 河源市| 桦南县| 荔波县| 云和县| 姚安县| 罗源县| 咸阳市| 遂溪县| 铁岭市| 五华县| 五峰| 邵武市| 景洪市| 鄂伦春自治旗| 肥乡县| 宜都市|