What is public rental housing?

Public rental housing generally refers to public rental housing.

Public rental housing refers to the affordable housing provided by the state with policy support and rented by various social subjects for low-and middle-income groups through new construction or other means. It is an important part of the national housing security system.

Public rental housing is not owned by individuals, but by the government or institutions. Rent it to new employees at a price lower than the market price or affordable by the lessee, including some newly graduated college students, as well as some retirees and disabled people. There are also some groups who have migrated from other places to work in cities.

As a new type of affordable housing, public rental housing is different from low-rent housing and affordable housing, but there is no clear definition of unified connotation.

Extended data

Public rental housing helps to overcome the disadvantages of low-rent housing and affordable housing. First of all, public rental housing has expanded the scope of protection, which is conducive to solving the "sandwich" housing problem. Because low-rent housing is only for the lowest-income groups, although affordable housing is guaranteed for middle-income groups, its price is still high, and even the prices of affordable housing and commercial housing in some areas are almost the same.

Because low-rent housing, affordable housing and commercial housing can't connect, there are two huge "sandwich layers", that is, people whose income exceeds the application standard of low-rent housing but can't afford affordable housing and those whose income exceeds the application standard of affordable housing but can't afford commercial housing. Public rental housing is aimed at low-and middle-income groups, and it has realized the docking with commercial housing in the scope of protection. Secondly, affordable housing is a property right house, and there is arbitrage space, which is easy to induce power rent-seeking through administrative means, while public rental housing is for low-and middle-income groups, and there is no space and soil to cause the above disadvantages.

Public rental housing helps to make up for the shortage of individual rental housing. In China, there are mainly the following shortcomings in individual rental housing: first, the number is small, especially in big cities, which is far from meeting the demand; Second, China's urban population is expanding, housing resources are in short supply, and cities have issued "purchase restriction orders", which makes it difficult for private rental housing to become the main body of rental housing, and there is little room for development; Third, the housing available for rent is far from meeting the demand, which directly leads to the phenomenon of high rent and "group rent".

Fourth, there are few professional rental agencies, and the rented houses are all private idle houses. Rental is not the primary purpose and the stability is poor. The residential function of the rented house is defective, and it is difficult to achieve the effect of the home of the property right house. In contrast, public rental housing solves the problems of insufficient personal rental housing and irregular operation, and provides sufficient housing with stable lease term and reasonable price for low-and middle-income people without housing.

Reference source: Baidu Encyclopedia-Public Rental Housing