2016-08-05

NDRC Deletes More Text, This Time Concerning Real Estate Subsidies

After deleting text which called for easy money, the NDRC saw the deletion of more text today, which called for housing subsidies. As with that case, Sina has kept the original posted.

Sina: 发改委:商品房库存较大城市可发放购房补贴
Cities with larger inventory, you can takegive housing subsidies, rent-to-own, share property rights with the government and other ways to promote residents purchase of property. In addition, encourage brand name developers to acquire existing real estate projects, by brand injection, and other ways to improve the quality of housing to reduce inventory.
Now the part about housing subsidies is gone.

iFeng: 发改委又删文章关键词了 这次和房地产有关
Reporters then entered the NDRC website, found that the article does not have "purchase subsidies" related content. Now reads: "City policy because of the city housing stock increase control efforts to encourage larger cities further intensify efforts to inventory, rent-to-own, share property rights with the government and other ways to promote residents purchase of property. In addition, encourage brand name developers to acquire existing real estate projects, by brand injection, and other ways to improve the quality of housing to reduce inventory."
Clearly some faction of the government is very interested in lighting an inflationary fire, and some other faction, or maybe just an authoritative person, is shutting them down.

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