On the morning of October 11, Politburo member and Prime Minister Pham Minh Chinh, Head of the Central Steering Committee on housing policy and real estate market, chaired the second meeting of the Steering Committee, focusing on discussing the breakthrough development of social housing.
Attending the meeting were Deputy Prime Minister Tran Hong Ha, Deputy Head of the Steering Committee, leaders of ministries, central agencies, 34 provinces and cities, representatives of corporations, enterprises, and commercial banks.
In his opening speech, Prime Minister Pham Minh Chinh suggested that the delegates speak frankly, accurately reflect the situation and propose breakthrough and specific solutions, promote the development of a stable, fair, healthy and sustainable real estate market, prevent speculation and price inflation for profit; the spirit is to speak together with doing, doing it for real, effective and the people will enjoy it for real.
The Prime Minister suggested a number of contents for delegates to focus on discussing: Solutions to increase the supply of social housing and commercial housing at reasonable prices; solutions to reduce investment costs to reduce product costs, such as cutting compliance costs, input costs, reducing administrative procedures, reducing construction costs.
Along with that is a suitable tax policy to prevent speculative acts of price inflation and housing quotation from being too high compared to the market average; credit policy to regulate, prioritize, and direct capital flows to social housing projects and those who want to buy social housing and commercial housing at suitable prices, while controlling cash flow into speculative housing segments, taking advantage of policies.
Regarding the issue of why some localities do very well in the same policy mechanism, while others do not do well, the Prime Minister suggested pointing out lessons drawn from practice; institutional and legal problems in the establishment of real estate trading centers and land use rights managed by the State; land price issues; project allocation to investors and social housing construction enterprises...
In response to the opinion that "there are provinces that do not have social housing needs", the Prime Minister expressed his disagreement and said that "no province does not have needs", the issue is to have an appropriate approach; and "if any province really does not have needs, it is very welcome and recommended to report clearly".
According to the Prime Minister, it is necessary to determine that social housing is not only a high-rise building but can also be a low-rise building; social housing is also not located in a place with "honny coughs and wheezing", land with "excess head and tail" but must have full infrastructure for transportation, electricity, water, telecommunications, society, healthcare, culture, and education.
The Prime Minister hopes that after the meeting, some of the responsibilities of the Government, ministries, branches and localities will be resolved immediately; if there are still problems, the National Assembly at the upcoming session will issue a resolution to continue to resolve them.
