Many Chinese media reported that Beijing's rent has skyrocketed for three consecutive months, and the increase is far exceeding the past, causing heated discussions.

According to data from China Housing Price Network, Beijing's rents in July were 92.33 yuan/month/㎡, an increase of 21.89%over the same period last year. In 2017, the per capita salary of Beijing was 8467 yuan per month.

As the capital of China, every move in Beijing can cause heated discussions.In addition, many of the number of opinions leaders and the current WeChat public accounts in China live in Beijing, and it is easy to attract the attention of the entire network on the topic.

However, after checking the database, the reporter found that Beijing was not the most rising city in China in the past month.According to the data of China Housing Price Network, among China's first -level cities, the cities with the highest increase in housing rents in July were Shenzhen, an increase of 29.68%year -on -year, followed by Chongqing, an increase of 26.44%year -on -year, and the third was Tianjin, which rose 24.39%, BeijingOnly fourth.The largest increase in China's secondary cities was Chengdu, an increase of 30.98%year -on -year.In the fourth -level cities, Dali's year -on -year increase was as high as 44.89%.

Why suddenly skyrocketed


In August 2017, a migrant worker and their children on the suburbs of Beijing were playing.

Many Chinese media have blamed the reasons for the soaring rents on house intermediaries and these long -term rental apartment companies under these agencies.

In recent years, a type of long -term rental apartment company has appeared in China, such as the Ziru friend of the well -known real estate intermediary chain home, and an apartment operator egg shell.These companies undertake their houses from the owners, sign the commission contract for 3 to 5 years. After simple decoration and home appliances, they are leased to different people in a single bedroom as a unit, so as to obtain the difference as the two landlords.

Some people think that the contention between these long -term rental apartments has led to rising rents.In this context, the Beijing Municipal Housing and Construction Commission and other departments concentrated on August 17 to interview the leaders of major housing leasing companies such as the same interview, Xiangyu, and egg shell apartment, asking them not to use funds to obtain funds obtained from bank loans and other financing channels.Competition to seize housing; rents higher than the market level or coax rent to seize housing.

Since then, these agencies have promised that the rent of new market housing has not risen in Beijing, and the number of renewal housing in Nine Cities across the country has risen by no more than 5%.

Yang Xian, the president of the Chain Home Institute, said that the rising reasons for rents in Beijing were significantly reduced leased housing in some areas in the market and the leased population was transferred to inner city. In addition, the graduation season also led to increased demand for leasing in Chengcheng.

And "Rising rent has both the reasons for supply and demand, but also a signal of a broad price increase. Once the rising rent is continuous, it will have an important impact on the price of residents, and it may inhibit domestic demand.Then the monetary policy may enter the situation where the left and right are difficult. Anandrdquo; The chief analyst of the fixed income of CITIC Securities Research Department clearly wrote.

Yi Xianrong, a researcher at the Institute of Finance of the former Academy of Social Sciences, posted in a blog that the rising rents across China, the seasonal factors, and the imbalance of supply and demand structure, and "and such as Andrdquo,", "In the housing rental market, China's housing rental market will be chaotic without developing? What is the reason?

And "The Chinese Housing Leasing System Arrangement is seriously inadequate, and the government cannot increase the supply of housing for rental housing for low and medium -income income with huge financial investment.Opportunities. Andrdquo; Yi Xianrong said.

It is reported that the current housing prices in first-tier cities in China will take 70-80 years if they only rely on the rent, and the recognized health level is 18-25 years.In the past ten years, housing prices in China have continued to soar, and the increase in rent has been relatively stable.

Internationally, the police line with a general rental income ratio is 30%, that is, when the proportion of rents accounts for more than 30%of income, the consumption of tenants for rent is unreasonable.However, in the forums where Chinese young people such as Douban and Zhihu, many people in the first -tier cities in China said that the rent they needed to pay has reached more than 50%of the monthly income.

In a report, CITIC Securities' Demonstrate Research Team stated that the rise in rent is not only pushing inflation from the CPI composition, but also affects the overall price level through cost transmission and wealth effects.

And "According to the cost of transmission, the rent price increases the cost of living in residents. Without considering the periodic effect of salary viscosity, rising rental prices will push the wage requirements of workers. Enterprises will turn employment costs on the basis of maintaining a certain profit margin.The downstream and terminal consumption passes, thereby promoting the rise in prices. Andrdquo; The report said.

And "In order to ensure the basic living conditions of residents, in the future Chinese real estate market, residents who have paid capabilities enter the commercial housing market to buy housing, while low -income residents will ensure (residential) through housing leasing.The market has developed, then the issue of China's real estate market is solved. Anandrdquo; Yi Xianrong said.