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as the real estate market regulation enters a new space, it must be "flexible" and "managed well".

the evening of september 29 was an exciting night for the real estate market. the ministry of housing and urban-rural development issued the latest requirements of the ministry’s party group meeting that day, to deeply understand and implement the important deployment of the party central committee on promoting the stabilization of the real estate market. guide all localities to effectively implement existing policies and intensify efforts to promote the implementation of incremental policies to achieve results. we must respond to the concerns of the masses and support cities, especially first-tier cities, to make good use of their autonomy in regulating the real estate market and adjust housing purchase restriction policies according to city policies.

subsequently, the people's bank of china announced a reduction in interest rates for first- and second-home loans, and shanghai announced adjustments to its housing purchase restriction policy.

this is all a "chess game" action to quickly implement the policy deployment of the political bureau of the cpc central committee on september 26 to control the real estate market. for each city, it is necessary to resolutely implement the ministry of housing and urban-rural development's city-specific policies, make good use of the tools of regulatory autonomy, and further handle the relationship between the government and the market. the market is the most efficient way to allocate resources. "let it go" means giving full play to the key and decisive role of the market in the allocation of real estate resources.

on the basis of "flexibly letting go", we must also realize that the market is not omnipotent and will sometimes fail. this makes it even more necessary for the government to play its role and "control" those markets that cannot or cannot be managed temporarily. for bad things, do a good job of "delegating power, regulating and obeying". "release", "manage" and "serve" arrive at the same goal through different approaches, all for the purpose of smoothing circulation and stimulating vitality. the key is to promote the formation of a pattern of organic unity, mutual complementation, mutual coordination and mutual promotion of the three. only by taking action can we fully promote the real estate market to stop falling and stabilize, and contribute to the completion of the annual economic and social development goals and tasks.

pay attention to practical results and solve problems, and real estate development will get better and better!