Chengdu’s housing, planning, finance bureaus and the municipal housing provident
fund issued a joint notice to link market transactions with subsidized rental
housing supply. In areas with strong demand for subsidized rentals, authorities
will pilot allowing market entities to buy second‑hand homes for conversion to
subsidized rental units, with city and district fiscal subsidies to support
“sell‑old–buy‑new” trades and ease replacement chains. Subject to original
land‑use right holders’ consent, urban‑renewal implementers may deliver new
housing via a “land‑follows‑house” mechanism (including negotiated acquisition
of property rights and transfer for state‑asset disposal). The city will also
explore acquiring existing commercial and office stock and converting
public‑service spaces (markets, elderly‑care, community centers) into subsidised
rentals, adjust surrounding public‑service land planning accordingly, and
consider extending housing‑voucher resettlement to non‑residential properties
(commercial, office) as expropriation compensation.
