广东多地加快收购存量商品房用作保障房

Core Viewpoint - The recent acceleration in the acquisition of existing commercial housing for affordable housing projects in Guangdong aims to alleviate inventory pressure on real estate companies and improve cash flow, thereby balancing supply and demand in the real estate market [1][4]. Group 1: Acquisition Initiatives - Guangzhou is actively promoting the acquisition of existing commercial housing for affordable housing, with a focus on projects that are well-connected and equipped with necessary facilities [3]. - Zhongshan has entered the intention acquisition phase for nearly 1,500 housing units, aiming to establish a new "market + guarantee" model for real estate development [5][6]. Group 2: Market Conditions - The Guangzhou real estate market currently has a high inventory level, with over 14 million square meters of available residential space and a depletion cycle of 21.8 months, indicating weak demand [4]. - The acquisition of existing commercial housing is expected to facilitate the rapid absorption of some housing units, helping to alleviate inventory pressure and improve cash flow for real estate companies [4][6]. Group 3: Policy Framework - The Guangdong provincial government has issued guidelines for using special bonds to acquire existing commercial housing for affordable housing, detailing requirements, standards, and processes for project applications [7]. - As of July 31, 2023, four cities in Guangdong have completed four projects involving 1,377 units of existing commercial housing for affordable housing, with a total acquisition amount of 1.443 billion yuan [7][8].