How big is the housing rental market?

It is reported that house leasing is the hottest topic in the real estate market at present. With the support of a series of favorable policies, the future rental market will usher in rapid development. Analysts said that it is estimated that the housing rental market will reach 4 trillion in the next 10 year.

The report shows that since 20 16, the central and local governments have frequently issued various policy documents to develop the rental market. The development space of the leasing market has been expanding, which has met the housing needs of more groups with difficulties in buying houses, and also strongly supported the long-term development of real estate under the idea of housing, living and not speculating.

At the same time, in order to solve the problems of false housing information and opaque prices in the rental market, many cities in China have issued implementation plans to accelerate the cultivation and development of the housing rental market, all of which mentioned the establishment of a government housing rental trading service platform, which met the housing needs of more people with housing difficulties and strongly supported the long-term development of real estate under the idea of housing, housing and not speculation.

According to the report, by 2027, there will be about 654.38+0.9 billion leased population in cities and towns across the country. By 2027, the national urban rental area will reach 5.37 billion square meters, which is a significant increase compared with the level of 20 17, that is, an increase of 59%. This is due to the population growth with rental demand and the continuous improvement of per capita rental area.