People's University report: It is recommended to further increase efforts to loosen restrictive policies on the demand side of the real estate market.

The report points out that there has been a significant change in the supply and demand of the real estate market in China, and it is necessary to focus on this to build a systemic adjustment plan. It takes time to build a complete policy system. In the short term, efforts should be made to stabilize the real estate market, and in the medium to long term, the transformation of the real estate industry should be properly guided. The report believes that compared to the real estate control policies from 2014-2016, there is still a lot of room for relaxation in this round of policies. In the future, efforts should be focused on "stabilizing expectations, stabilizing house prices, stabilizing the real estate market", further intensifying measures to loosen restrictive policies on the demand side. On the one hand, continue to implement policies in core first and second tier cities such as cancelling restrictions on purchases and loans, reducing down payment ratios, lowering interest rates on existing home loans, increasing the amount of public housing loans, relaxing household registration restrictions, and increasing talent introduction policies. Increase credit and policy support for improving housing demand, and align second home policies with first home policies. On the other hand, learn from the experience of the U.S. rental voucher program, increase subsidies for low-income groups and young people renting houses, and promote the construction of a guaranteed housing system for the necessity group with insufficient purchasing power, as soon as possible to stabilize confidence in the real estate market.