Core Viewpoint - The "old-for-new" housing policy is being actively promoted across over 100 cities in China to stimulate housing demand and enhance the real estate market [1][2]. Group 1: Policy Implementation - The "old-for-new" housing policy has been implemented in key cities such as Beijing, Chongqing, Qingdao, Jinan, and cities in the Yangtze River Delta, with various forms including purchase subsidies and support for mortgage transfers [1][2]. - Jinan introduced a subsidy policy in May, offering up to 100,000 yuan for eligible homebuyers participating in the "sell old, buy new" program [1]. - Nanjing plans to adopt a "buy new, assist in selling old" model for its 2025 housing consumption "old-for-new" activities, increasing flexibility for residents [2]. Group 2: Government Support and Market Dynamics - Government subsidies have been identified as a key driver for the "old-for-new" housing initiative, effectively boosting demand for improved housing and optimizing the market structure [2]. - The integration of "old-for-new" policies with relocation and housing supply strategies is being explored, as seen in the implementation plan from Liaocheng, which supports the use of old homes for affordable housing [3]. Group 3: Future Outlook and Recommendations - The "old-for-new" policy is expected to remain a crucial tool for managing housing stock and stimulating demand through 2026, with potential expansions to include non-residential properties [3]. - Recommendations include establishing a unified information platform for housing "old-for-new" transactions to reduce information asymmetry and enhance market efficiency [4].
多地持续推进住房“以旧换新”工作
Zheng Quan Ri Bao·2025-11-24 16:42