Although problems exist in affordable housing, it is still an effective way to solve the current housing difficulties of urban low-income households, especially those in large and medium-sized cities where housing prices are relatively higher.more
New homes, new hopes
Chinese vice premier stresses rehousing of low-income workers
Chinese Vice Premier Li Keqiang said over the weekend that the rebuilding of shanty towns which have long-housed low-income workers is an important part of the country's effort to improve people's livelihood.
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Supply of land for welfare housing increased substantially in first half of 2009
In the first half of this year, supply of residential land in China witnessed a 9.5 percent decline year-on-year. The supply of ordinary commercial residential land dropped by 15.1 percent year-on-year, accounting for 84.1 percent of the total residential land supply, and representing a drop of 4.5 percent year-on-year.
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China to solve housing problem for 2.6 million low-income families
The government will provide about 70% of the houses to achieve the goal, and the rest will be in the form of rental subsides.
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The affordable houses China to strengthen affordable residential housing access managementRecently, a number of issues have emerged in the examination, verification, distribution and usage of affordable residential houses, triggering extensive attention from the public on the affordable residential housing system.
moreShort supplyNew mid-low income housing projects behind H1 target480,000 affordable houses, covering 33.88 million square meters, were constructed across China in the first half of 2009, accounting for only 37 percent of the average annual target.
moreLocal governments reluctant to build affordable housingUnder the circumstances of generally unsatisfactory fiscal revenues at local level this year, the number of affordable houses being constructed in the first half was relatively small. Reluctance by some local governments to invest in such housing projects is one of the major reasons.
moreLoopholes to be fixedMinistry: loopholes need to be fixed in housing system for low-income groupOn August 17 Hou Ximin, director of the Department of Housing Security under the Ministry of Housing and Urban-Rural Development (MOHURD), urged all regions to improve their systems and strengthen their management in eligibility, sales and after sales supervision, to ensure that the affordable housing system can benefit those who need it most.
moreMinistry: Strengthen punishment for affordable housing fraud it is necessary to strengthen punishment for fraud in terms of laws and regulations. Meanwhile, internal management and the construction of a transparent and honest government should also be intensified. The mechanism for reviewing and approving the qualification of applicants for affordable housing should be further improved in order to guarantee the authenticity of applicants' income, assets and housing condition.
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