Shanghai can solve its housing price problem by emulating Chongqing’s development model

2022-07-23 0 By

Housing price in Shanghai has always been a topic of concern and an urgent problem to be solved.At present, Shanghai’s housing price has been high and firm, the average price of more than 100,000 real estate everywhere, such housing price can not retain talents for a long time, is a hidden danger to the overall development.Shanghai has introduced a number of measures to regulate the property market in recent years, but the results have been modest.All of these policies are raising the threshold of home purchase, which seems to be effective in the short term but does not actually solve the housing price problem.To keep prices low, chongqing has done well on the supply and demand side.As one of the municipalities directly under the central government, Chongqing’s housing price ranks in the middle of the country, not to compare with Beijing, Shanghai, Guangzhou and Shenzhen.Chongqing has been able to keep prices low because it has a large supply of public rental housing, a very well-supplied market and a good location.This has made the pursuit of commercial housing less intense, and prices have remained moderate.Shanghai can also learn from Chongqing’s model of building a large number of low-rent houses in the core area, while expanding the business circle to the periphery and gradually decentralizing.Instead of crowding into the core, people can enjoy the same amenities and business services in the surrounding areas.Decentralization is a long process, which also needs directional guidance.Only by making full use of idle land in Shanghai can we retain the developing population for a long time and finally realize the development model of low housing price.