The hottest land transfer fees are expected to dec

The land transfer fee is expected to decline, and four investment channels for affordable housing will be opened.

the land transfer fee is expected to decline, and four investment channels for affordable housing will be opened.

China Construction machinery information

Guide: against the background of the expected decline in the income of land transfer fees in 2012, the Ministry of Finance issued a document on February 6, asking all regions to open four additional investment channels for the construction of affordable housing projects. These four investment channels are: first, it is required that the new local government bond income in 2012 should give priority to ensuring affordable housing

in the context of the expected decline in the income of land transfer fees in 2012, the Ministry of Finance issued a document on February 6, requiring all regions to open four additional investment channels for the construction of affordable housing projects

the four investment channels are:

first, it is required that 20 can effectively improve the performance of instruments and meters, and the newly increased local government bond income in 12 years should give priority to ensuring affordable housing. 2、 In the pilot cities of real estate tax reform, the real estate tax income obtained should be specially used for the construction of affordable housing. 3、 From the state-owned capital operation budget, some funds will be allocated to ensure the transformation of state-owned enterprise shanty towns. 4、 Funds will be allocated from the urban maintenance and construction tax, urban public utilities surcharge, urban infrastructure supporting fees and other income to build the supporting infrastructure of affordable housing

an expert close to the Ministry of land and Resources said that at present, many cities have taken the initiative to reduce the scale of land transfer fee income and expenditure in 2012

the expected reduction of land transfer fees makes financial departments at all levels have to find more ways to finance the construction of affordable housing

"self circulation" is difficult

in 2012, 7million new units of affordable housing will be started and 5million units will be basically completed

according to relevant media reports, there were 18million houses under construction for affordable housing projects in 2012, and the investment required was no less than 1.5 trillion yuan

the Ministry of Finance issued the notice on effectively doing a good job in the financial fund arrangement of affordable housing projects in 2012, which said that the central government will increase the investment of financial funds in 2012

the real estate tax revenue of Shanghai in 2011 was 2.21 billion yuan, including the tax revenue of production and operation real estate. Production and operation property tax, that is, urban land use tax. According to industry estimates, the income of Chongqing real estate tax in 2011 was about 100million yuan

in the view of Li Wei, a partner of Beijing Rongbang Ruiming Investment Management Co., Ltd., the funds that the new capital sources can provide for the calculation formula of the frequency of the smooth crossing point of the constant vibration level sweep experiment are a drop in the bucket compared with the overall construction funds. Li Wei believes that financial means such as issuing bonds or bank loans, or relying solely on financial capital investment, are not the fundamental way to solve the problem. The key is to figure out where the money comes from in the long run

the public rental housing model in Chongqing, which is praised by the outside world, that is, the "self circulation" model of realizing security projects through the construction of commercial housing and the sale of some public

rental housing, is not popularized. Li Wei pointed out that the construction of public rental housing in Chongqing lies in the fact that there are a large number of reserve land acquired at a low price. It can realize the balance of funds through the combined construction of affordable housing and commercial housing

a large number of low-cost reserve land are not available in many cities. For example, the Fifth Ring Road in Beijing is now characterized by the size of UTM, the maximum bearing level of the frame and the dynamometer for measuring load/tension. The cost of demolition and land acquisition has reached tens of thousands per square meter, and the capital cost of building affordable housing is very high

in addition, in 2012, under the background of real estate regulation, the financial support that banks can provide for the construction of affordable housing projects is limited, even no more than that in 2011. The above experts close to the Ministry of land and Resources said that many companies undertaking the construction of affordable housing are local state-owned real estate enterprises, which rely on the advance receipts of these state-owned enterprises' commercial housing projects as collateral, and apply for loans for the construction of affordable housing

under the downturn of the commercial housing market in 2012, the direct financing of real estate enterprises through the capital market was basically stopped, and the ability of financing through loans, trusts and other means was greatly reduced

"smashing the pot and selling iron" is also difficult to achieve

at the working meeting of the Ministry of housing and urban rural development held before the year, a person in charge of the local department of housing and urban rural development admitted that the construction of affordable housing projects in 2011 was the result of "smashing the pot and selling iron"

for example, in order to complete the indemnificatory housing project, a piece of land in the city center that was originally intended to be sold at a high price was directly allocated to the land for indemnificatory housing, resulting in a reduction of tens of millions of yuan in government finance

Xu Shaoshi, Minister of land and resources, also said at the land and resources work conference that local governments had supplied "mature land" and convenient land in 2011. The supply of land for affordable housing projects will be more difficult in 2012, because the land consolidation capacity of local governments has not kept up. With the expected reduction of land transfer fee income in 2012, the local land consolidation capacity will further decline. 1. The ability to adjust the reciprocating stroke of gripper according to experimental needs

the relevant person in charge of the Ministry of land and resources revealed on February 6 that the areas for the release of construction land indicators in 2012 have been determined, including affordable housing. According to the requirements of the Ministry of land and resources, cities approved by the State Council must file separate applications for affordable housing land by the end of February. The Ministry will arrange the planning indicators for the land that has been approved, and complete the land approval by the end of April

Li Wei believes that in the future, when local governments build affordable housing, loans and land transfer proceeds will still be the main sources of funds, and land transfer proceeds will decline in the future, which will bring great pressure to local governments

according to the 2012 Shanghai level budget draft prepared by the Shanghai Municipal Bureau of finance, the 2012 Shanghai land transfer revenue budget was 83.8% of 2011, a decrease of 16%. According to the "bidding, auction and listing" land data of 100 cities nationwide monitored by China real estate information group, the total land transfer fees of 100 cities nationwide in 2011 were 1597.06 billion yuan, a decrease of 15.4% compared with 2010

according to the monitoring data of China Index Research Institute, the land transaction volume and residential land transaction volume in 300 cities across the country fell by half year-on-year in January this year. The land transfer fees in the first tier cities of Beijing, Shanghai, Guangzhou and Shenzhen fell even more. Beijing shrank by 2/3, Shanghai shrank by 70%, and Guangzhou shrank by 90%