Promotion of a Diverse Housing Policy
The MOI actively protects the public living right by the promotion social housing only for leasing not for selling to improve the provision of social housing and has been devoted to completing rental and lease housing systems to promote a healthy development of the rental and lease market. By utilizing private energy, a sub-letting management mechanism is promoted to encourage the landlords’ participation in social housing provision. Meanwhile, diverse housing assistance measures are offered to take better care of the disadvantaged. Furthermore, the MOI continuously improves the transaction management system of real estate, studies actual price registration systems, reviews relevant rules and regulations governing the management of the real estate agency industry. These are intended to advance price appraisal technologies and to promote the healthy development of real estate market. The promotion for urban renewal will be sped up to update relevant legal mechanism and push for urban re-development.