|
|
NPC & CPPCC Annual Sessions > Biz & Economy > News
|
'Low-rent housing key to help poor'By Zhao Xu (China Daily)
Updated: 2009-03-05 10:09 The key to solving the urgent problem of accommodating a large number of low-income urban residents is to build low-rent houses, a real estate giant told policymakers yesterday.
Known as the brain behind the birth of Shanghai's Xintiandi, a 20,000-sq-m development project that has transformed the backwaters of the metropolis into a flashy address, Lo said if the country is serious about helping its poor, "low-rent housing is the only answer". "Real estate developers in Hong Kong are attuned to high-profile projects, and won't have much role to play in the construction of low-rent housing in the mainland. But they could at least offer valuable suggestions regarding the design of the structures," Lo said. Low-rent houses are "very different" from the regular residences, he said. "Their design is far more compact and space-efficient. And Hong Kong is an expert at building such houses." The real estate tycoon, who is a deputy to the CPPCC, made the remarks when asked if the property prices in major Chinese cities were still "unreasonably high". The mainland housing market entered dormancy since the beginning of the current economic crisis, but a dramatic slash of price - widely expected - hasn't materialized yet. "Let's not confuse the two issues of providing affordable housing to low-income residents, and stimulating the economy," Lo said. "Every country has about 20 percent of its population unable to buy property. No matter how much we lower the price, they still won't be able to afford it. It is the government's responsibility to provide them with accommodation," he said. "Low-rent housing will ensure, that a resident, whose income exceeds a certain limit, must vacate the house to make way for those in need." He assured that a significant dip in property prices was "highly unlikely". "Those (real estate developers) who have cut prices know their projects are generally of low quality, or are situated too far away for comfort," he said. "The price they quoted first was anyway too high." The past few months have seen various local governments taking a series of measures to boost the ailing housing market. The Beijing Municipal Government in January overturned an order, which restricted property purchases in the city by foreigners. It also relaxed a restriction, in force since 2007, on banks lending money to homebuyers. "Under the current economic situation, foreigners have become extremely cautious about buying properties in an unfamiliar market, even if given the opportunity," Lo said. "The government should let the market tend to itself. " Lo's fellow CPPCC deputy Tong Shijun, a senior economist from Hainan, said: "Property prices in China are determined by a multitude of factors, including land costs, tender terms and taxes. It is unfair to ask a developer to cut the prices if he cannot find a way to cut costs."
|
||||||
       |
主站蜘蛛池模板： 永善县| 大冶市| 泸溪县| 华蓥市| 湖南省| 天门市| 沂水县| 水城县| 鸡泽县| 山阴县| 宁化县| 中山市| 改则县| 钟山县| 合山市| 石棉县| 斗六市| 凌云县| 长子县| 广昌县| 无为县| 德钦县| 江阴市| 横峰县| 万宁市| 左贡县| 曲水县| 北流市| 轮台县| 黑山县| 清水河县| 鄂托克旗| 简阳市| 九江市| 讷河市| 宜良县| 韶山市| 米脂县| 海口市| 林西县| 洪雅县| 龙井市| 即墨市| 明星| 佛山市| 麦盖提县| 东乌珠穆沁旗| 若尔盖县| 渭源县| 班玛县| 大姚县| 革吉县| 宣恩县| 彰武县| 台中市| 交城县| 达州市| 龙岩市| 班玛县| 东辽县| 柏乡县| 沅陵县| 富平县| 大埔区| 东乌珠穆沁旗| 慈溪市| 华容县| 元江| 云林县| 牙克石市| 永康市| 九龙城区| 荃湾区| 博客| 井冈山市| 宁阳县| 金湖县| 迭部县| 五河县| 沙河市| 晋宁县| 工布江达县|
