This year, China’s first and second-tier cities to school district housing as a precursor to the phenomenon of the general rise in the property market has aroused concern, “school district housing” as a derivative of the real estate market has become the object of speculation by many real estate agents and speculators. In the refinement of the property market regulation policy, “strict fight school district house speculation” to reduce the market false fire or become the focus of subsequent regulation.
According to the surging news report, incomplete statistics, since this year, including Hefei, Beijing, Shanghai, Shenzhen, Changchun, Xiamen and other places have launched a new policy to strictly punish the “speculation school district house”. Not only that, but “preventing speculation on housing prices in the name of school district houses” was also raised for the first time in a meeting of the Political Bureau of the CPC Central Committee.
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Zou Linhua, head of the housing data project at the Institute of Financial Strategy, Chinese Academy of Social Sciences, pointed out that many of the price increases in hotspot cities over the past year have been based on conceptual speculation such as “school district houses”. In the current Chinese internal and external economic environment, the concept of “school district house” speculation on housing prices has a greater economic risk.
The chief researcher of Guangdong Housing Policy Research Center, Li Yujia, also mentioned that the biggest difference between this round of school district house price increase and the past is the frequent speculation. The speculation of school district houses has worsened the demand of people’s livelihood and also violated the equalization of compulsory education. The most important thing to do is to crack down on the speculation of school district houses, which is the deepest implementation of “housing is not speculation”.
The fact that the phenomenon of school district houses speculating on housing prices has risen to the level of discussion at the meeting of the Political Bureau of the CPC Central Committee fully illustrates the seriousness of such problems, and also indicates that the subsequent solution to housing prices will focus on the problem of school district houses.
“There are many reasons why school district houses are produced, but the kernel behind it is real estate investment with the help of scarce resources speculation, it is expected that the subsequent regulation and control policy will be specifically increased for this type of housing to really reduce the false fire in the school district house market.” Zhang Dawei, chief analyst of Centaline Property, said.
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