A series of mechanisms and policies have been issued or refined to support social housing development, anchored by the National Assembly’s Resolution 201 and the Government’s draft “green channel” guidance, underscoring strong state commitment. However, the requirement that land price lists align with market levels could hinder social housing projects. While these liberal policies have yet to be implemented, another major measure—the amended Land Law—is set to take effect, requiring land price lists to closely reflect market levels. Intended to enhance market transparency, the policy raises a key question: could higher land prices create unintended consequences that undermine the progress and effectiveness of the “green channel” for social housing development? All “green channel” procedures, along with preferential and breakthrough mechanisms to accelerate housing for low-income groups, are meaningful only once land clearance is completed—making this the central point of tension between the two policies. When the land price list—the basis for determining specific land prices and coefficient K—is revised upward, site clearance costs, including compensation and support for affected residents, also tend to rise. This cost pressure affects all parties involved in making land available. Under the Government’s draft guidance resolution, the provincial People’s Committee is responsible for financing site […]
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