Like the real estate market in other cities in China, the development of Hainan's real estate market is also facing some serious problems, both macro and micro. There are the same problems as other cities, and there are also problems that reflect the personality of Hainan Province.
(A) resource concentration, overall imbalance
Haikou and Sanya's real estate market accounts for half of Hainan Province, and also attracts most overseas funds. The excessive concentration of real estate resources leads to the relative shortage of real estate resources in Haikou and Sanya, and the tight supply of real estate keeps pushing up the housing prices in the two cities, which eventually leads to the overall imbalance of real estate in Hainan Province.
(b) The density is too high and the quality is degraded.
As an island, Hainan's land resources are relatively tight, and the real estate is excessively concentrated in a limited number of big cities. As a result, the building density is high, the landscape and buildings overlap, the communities are densely concentrated, the traffic congestion is staged, the water, air and land pollution are serious, the environmental purification ability is weak, the production and living garbage are piled up, and the livability of the whole area is gradually reduced.
(c) The policy is weak and speculative
Like other hot real estate cities in China, Hainan Province has attracted a lot of speculative overseas funds in the case of poor policy regulation and rapid housing price growth. In particular, some central enterprises and state-owned enterprises hoard a lot of high-quality land in Hainan, resell land and speculate on land kings, which leads to strong speculation in the real estate market and leaves many hidden dangers for the healthy development of the real estate market in Hainan Province.
(D) polarization, inadequate protection
Limited by capital and cost, Hainan's real estate market focuses on commercial housing, especially high-end villas and apartments, while neglecting the construction of affordable housing, which cannot meet the rigid needs of ordinary residents.
Countermeasures and suggestions
(A) the future development goals and direction of Hainan real estate market
In view of the uniqueness of Hainan's real estate market, the future development goal and direction of Hainan's real estate market should mainly lie in: under the premise of maintaining the leading position of Hainan's real estate industry, adjusting the supply-demand relationship of Hainan's real estate market, increasing the transparency and standardization of real estate-related policies, changing the uneven development pattern of similar products, preventing further over-exploitation of real estate concentrated areas, eliminating the risk of excessive price rise and collapse, and curbing the real estate price bubble.
(B) the main recommendations to promote the healthy development of the real estate market in Hainan Province
1. Rational allocation of resources to ensure coordinated development. Compared with California with similar natural environment, Hainan's real estate market still has considerable potential. With the promotion of national policies, especially the favorable role of tax-free island policy, Hainan Province has made great progress in social economy in recent years, and its resource advantages have also been brought into play to a certain extent.
However, due to poor market management, the absence and offside of relevant government departments, there are also some problems in the rapid development of island economy, such as the irregular tourism market and the national negative impact caused by frequent incidents of smuggling passengers, which have caused incalculable losses to Hainan's social and economic development, especially the tourism economy and real estate economy.
It is an inevitable choice for the healthy development of Hainan's tourism economy and real estate market to make use of the hands of the government and the market and rationally allocate resources. In the development planning of the real estate market, we should give full play to the advantages of resources and promote the development of the real estate market outside Haikou and Sanya through layout adjustment and the planning and construction of airports, highways, railways and ports, with special emphasis on the development of landscape real estate and tropical agricultural real estate along the coast and along the river in Hainan Province. Take Wanning, Wenchang and qionghai city along the East Expressway around the island as examples: Xinglong hot spring resources in Wanning, 206.7km coastline resources in Wenchang and tropical rain forest resources in qionghai city are rare, if not unique. Undoubtedly, there is great potential for Hainan Island to rationally allocate these superior resources and ensure the healthy development of the real estate market.
2. Adjust the market structure to ensure people's livelihood needs. The social and economic development of Hainan province provides a better environment for tourists and better investment opportunities for the people of the whole country. At the same time, its foothold should be to let local residents fully share the fruits of social and economic development in Hainan Province, so that local residents can get the greatest benefits. Among them, ensuring that local residents have their own homes and live and work in peace and contentment is the proper meaning and the ultimate goal of Hainan's social and economic development.
Compared with local residents in Hainan Province, institutional and individual investors in other parts of China, especially the rich among state-owned enterprises and citizens, have more political and financial advantages. With these advantages, they occupy the best location and the best real estate in Hainan Province. Although under the market economy, such resource allocation is understandable, it is undoubtedly an extremely important factor that the government should consider to ensure the housing demand of the local vulnerable residents in Hainan.
It is very necessary to increase the supply of affordable housing in Hainan Province. At present, there are some problems in the construction of affordable housing in Hainan province, such as a small number and the overall price is too high compared with the income level of local people in Hainan Island, which need to be solved with great efforts. The commercial real estate market in Hainan Province can only develop healthily on the basis of ensuring people's livelihood.
3. Strengthen institutional transparency and improve urban planning. Sunshine is the best disinfectant. The development history of Chinese and foreign real estate markets shows that transparent real estate market policies and systems are the most basic guarantee for the healthy development of a regional real estate market.
For the development of Hainan's real estate market, improving the transparency and enforcement of policies is the most important measure. In terms of improving policy transparency, information on land supply, land transactions and land use should be released and updated in a timely manner. In terms of improving policy implementation, we should focus on the affordable housing market, urban construction planning, cultivated land and ecological protection, so that there are laws to follow, law enforcement must be strict, and offenders must be prosecuted. For real estate projects that are highly dependent on the natural environment, strict laws and regulations should be formulated in terms of mountain reconstruction, beach remodeling, water landscape design and garden reconstruction, and monitoring should be strengthened to maintain the original ecological environment and natural landscape. Reduce the occupation and pollution of cultivated land, respect the living habits and cultural beliefs of local ethnic minorities, and promote environmental livability and social harmony.
4. Introduce unified standards and quantify standard management. As an island economy with tourism and real estate as its pillar industries, refined management is the basic requirement for the healthy development of its real estate industry.
Although it is impossible and unnecessary for the government real estate management department to carry out detailed management on every project and every building, it is very necessary to formulate and issue a series of unified norms. For example, relevant quantitative standards should be formulated and promulgated, supplemented by strict laws and regulations, especially building standards such as earthquake resistance, wind resistance and flood resistance, for the gift of related added value of products in the real estate market, the award of finely decorated apartment price standards, and the gift of housing area.
5. Improve the rental market and improve the efficiency of use. The real estate leasing market is an important part of the regional real estate market. For a tourist city like Hainan Province, a healthy and standardized real estate rental market can greatly reduce the pressure on the real estate market and help alleviate the contradiction between supply and demand in the real estate market. Creating a housing rental market with transparent information, perfect system, strong supervision and full service should be one of the best choices for Hainan Province to change the high status of housing vacancy rate and promote the healthy development of the real estate industry.