This adjustment will help expand the opportunity to access social housing and the opportunity for workers to settle down, helping policies become closer to the actual needs of society.
This is of particular significance, especially in the context that house prices in major cities are continuously increasing, far exceeding the rate of income growth, and more and more workers are falling into a "middle" situation, when they are not considered low-income to be supported, but are also not able to access commercial housing.
From this perspective, it can be clearly seen the efforts of the operating agency in correctly identifying subjects and promptly removing technical barriers that have been revealed in the process of policy implementation in the past.
Along with that, the goal of strongly developing social housing in the past time, with hundreds of thousands of apartments being deployed nationwide, also shows the determination not only to stop at perfecting policies, but also to realize the goal of housing for people.
However, for this policy to be more effective in practice, a factor that needs to continue to be concerned about is the supply of social housing.
Reality shows that even when the income threshold has not been adjusted, each social housing project when opened for sale usually attracts a very large number of applications compared to the number of apartments supplied. This reflects that the demand for social housing is still at a high level, and also shows that supply pressure is still present.
Now, expanding the beneficiaries will further raise the requirement to continue to promote supply development, to ensure that housing access opportunities are allocated more reasonably and substantively.
To do this, more synchronous solutions are needed in implementation organization. First of all, continue to improve investment and construction procedures in a transparent direction, shorten project implementation time. In parallel, proactively preparing clean land funds, appropriate scale, and separating them from commercial projects will help social housing develop more stably and proactively.
In addition, the completion of preferential mechanisms on credit, taxes and investment conditions will also contribute to creating more motivation for businesses to participate in developing this segment in a positive and long-term manner.
It can be said that raising the income threshold is an important step forward, helping social housing policies expand their reach and be closer to the needs of the people.
But if raising the income threshold is accompanied by a corresponding increase in supply, this policy will be even more effective, contributing to making the goal of housing a reality for many workers.
