租购并举再深化：《住房租赁条例》如何重塑行业生态？

Core Viewpoint - The housing rental industry in China is undergoing a structural transformation, marked by the implementation of the Housing Rental Regulations, which signifies a shift towards a more regulated and law-based market [2][3]. Group 1: Regulatory Changes - The Housing Rental Regulations, as the first administrative law in the housing rental sector, aim to address the shortcomings in rental housing and enhance the rental-purchase system [2]. - The regulations are expected to increase the supply of rental housing through multiple channels, leading to a more standardized rental market and greater acceptance of renting as a viable housing option [2][3]. Group 2: Industry Development - Experts believe that the implementation of the regulations will help the housing rental industry evolve into an independent sector, integrating it into urban governance, housing security, and long-term industrial restructuring [2]. - The housing rental industry is transitioning from a "blurred boundary" to a clearly defined industry, with increasing contributions to economic activities and improved public perception [3]. Group 3: Financial Innovations - The introduction of financial products such as the first domestic affordable rental housing REITs and the first holding-type real estate ABS has made rental housing a recognized long-term investment in the capital market, enhancing the industry's attractiveness to investors [4]. - The transformation of the housing rental industry is also linked to improvements in service quality, with a shift from scale expansion to quality operations becoming essential for competitive advantage [4].