Research On Pricing And Property Rights Of Shared Ownership Housing

Shared ownership housing is the innovation of the housing supply system in our country, it not only can solve the housing problem of "outer sandwich layer", but also can promote the people by holding a total of property rights housing wealth accumulation, make the low-income earners housing gradient consumption be possible, filtering in favour of housing consumption. Among them, the price and the property rights problem is divided into a total of property right is the key to the sustainable development of housing system can. this paper compares and analyzes the experience of the implementation of six pilot cities nationwide, founding that the main problems are as follows:barriers to entry exist policy benefit target and recipient dislocation phenomenon, the scope of the initial sale of property right proportion set there is no scientific basis and curing, complete price without considering the government’s initial housing construction cost and recipient ability of affordable housing, rent setting scheme of defective does not specify the corresponding standard, there are indistinct definition of property rights and obligations, property rights on the basis of reasonable enough, buy and buy back price can’t resist the fluctuation of the real estate market risk. Housing is in the pilot stage at present, a total of property, if can’t improve and solve the problem of the above pricing and property right, can’t really improve a series of disadvantages of the existing economic applicable housing, will affect a total of housing property rights continue to promotion and sustainable development.Based on the pricing and the issue of property rights pilot cities exist, by drawing on practical experience of the England and American, this paper focuses on a win-win pricing mechanism based on supply-side construction cost and residential housing affordability study the initial pricing of common property housing rental prices, increased purchase and repurchase pricing mechanism. Access threshold should be raised with the share of the initial investment and the level of supply and demand of housing security resources to match recipients to consider the rental price target of disposable income and provide appropriate differentiated rental subsidies, the purchase price and the repurchase price always adhere to the initial point of housing prices to fully share the value-added benefits or to resist the risk of fluctuations in the real estate market. Paid by a certain number of years in the rent redeem mortgage and other policy incentives to encourage recipients to purchase some objects gradually equity share held by government can promote the realization of their own property, the government priority recipients subject to repurchase equity share can ensure a reasonable distribution of resources and common property housing to facilitate unified management, the establishment of property rights and flexible adjustment path will help improve the efficiency of social housing resources to promote the accumulation of wealth recipients object. Adhere to determine the division ratio of equity investment proportion, to regulate the contractual rights and obligations of both parties, the establishment of a series of contracts property rights arrangements help to reduce market "transaction costs" of housing policy to maximize the welfare effects.