Core Viewpoint - The implementation of the "housing ticket" policy in Shanghai is expanding from suburban areas to the central urban district, aiming to accelerate the de-inventory of existing properties and provide more flexible compensation options for residents affected by land acquisition [3][5]. Group 1: Policy Implementation - The "housing ticket" policy allows for compensation through housing tickets for land acquisition in both state-owned and collective housing in the Pudong New Area, including new residential projects that meet certain criteria [3][4]. - Residents opting for housing ticket compensation can receive a policy reward, which can increase the maximum purchase funds to 108% of the monetary compensation amount, depending on the specific project [4]. Group 2: Historical Context - The housing ticket mechanism previously played a significant role in the real estate market during a past inventory reduction phase but faded after 2018 due to a decline in urban renewal projects [5]. - The recent expansion of the housing ticket policy follows the successful implementation in Guangzhou and other first-tier cities, indicating a renewed focus on addressing inventory issues in the housing market [5]. Group 3: Market Impact - The introduction of the housing ticket mechanism in central urban areas, such as the Xuhui District, has led to increased transaction volumes in both new and second-hand housing markets, suggesting a positive impact on market demand [6][7]. - The policy encourages residents to reinvest their compensation funds into the housing market, thereby stimulating demand and supporting overall market activity [6].
上海市中心动迁开启“房票机制”
第一财经·2025-11-09 12:15