Zhu Zhongyi: three-level linkage should be implemented in the regional strong regulation and control of the real estate market.

SMM Network News:

Zhu Zhongyi, former vice president and secretary-general of China Real Estate Association, pointed out that the real estate market is a strong regional market in his speech at the "plenary meeting" of the Boao Real Estate Forum in 2020. Three-level linkage should be implemented in the regulation and control of the real estate market, the relevant departments of the State Council and the governments of provinces and autonomous regions are responsible for guidance and supervision, and the city government bears the main responsibility.

He further mentioned that in accordance with the requirements of the long-term mechanism, the city government has formulated and implemented the "one city, one policy" plan, organized the formulation of housing development plans, and took timely targeted measures to deal with the problems that arise. including economic, legal and necessary administrative means. Practice has proved that this regulation mechanism and local measures are necessary and effective.

Citing Changsha and Shenzhen as examples, he pointed out that Changsha will stop implementing the deed tax preferential policy for the family's second home from April 2019. Since last month, Shenzhen has adjusted the period of exemption from VAT on individual housing transfers from 2 years to 5 years. This method of regulating housing demand with fiscal and taxation policies is more in line with the requirements of the long-term mechanism.

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