Core Insights - The article emphasizes the need for a new development model in the real estate sector to promote high-quality growth, as outlined in the Central Committee's recommendations for the 15th Five-Year Plan [1] Supply Side - The supply side should focus on optimizing the provision of affordable housing, implementing city-specific policies to increase the supply of improved housing, and effectively utilizing inefficient and existing land [1][2] - Specific measures include enhancing the construction of affordable housing and adopting flexible supply methods, such as "purchase instead of construction" and "housing vouchers" [1] Development Side - The development side should prioritize urban connotation development, actively implement urban renewal, and build safe, comfortable, green, and smart housing [3] - The urban renewal market is projected to exceed 8.6 trillion yuan by 2025 and is expected to reach 10 trillion yuan by 2030, indicating a significant market opportunity [3] Financing Side - The financing side must rationally optimize the industry's balance sheets and innovate financing tools to meet reasonable financing needs of enterprises [3][4] - There is a call for innovative financing tools to reduce the scale of interest-bearing liabilities in the real estate sector while preventing systemic risks [4] Sales Side - The sales system should evolve to allow for both pre-sales and current housing sales, while clearing unreasonable restrictive measures on housing consumption [5][6] - Addressing hidden restrictive measures is crucial to facilitate resource flow and stimulate consumption across related industries [6]