Analysis Of Legal System Of China’s Public Rental Housing Investment Trusts

In order to solve the housing problem,the State has been making great efforts to develop affordable housing in recent years.Among them,the construction of affordable housing such as low-rent housing and public rental housing has received great attention.In2014,the country collectively referred to the combination of low-rent housing and public rental housing as public rental housing.However,the financing source for the development and construction of public rental housing mainly relies on the government’s financial subsidies.On the one hand,it brings a huge financial burden on the government,which on the other hand hinders the survival and expansion of public rental housing.The introduction of real estate investment trust funds plays a crucial role in solving the financing difficulties such as the single financing channels for public rental housing in China and the difficulties in the financing process.At present,REITs has not yet fully developed and matured in China.However,in the current situation,REITs,as a new real estate securitization financial product,is sufficient and necessary for China to enter China.In the domestic practice,with the proposal of concurrent rental and sales policies and the tightening of financial supervision policies,“the house is not used for speculation but for selling”,it is deeply rooted in the people’s mind.REITs has already had many exploratory experiences in the housing leasing market.Substantial development provides a powerful reference for the smooth implementation and implementation of public rental housing REITs.However,due to the lack of the current REITs special legislation and the unsound legal system of public rental REITs,the combination of the real estate investment trust system and the public rental housing system faces great difficulties and challenges,and analyzes the legal issues involved in public rental housing REITs.,has greater significance.This paper explores the basic theory and legal attributes of China’s public rental housing REITs and compares the development status of China’s public rental housing REITs with the development status of mature REITs in domestic and foreign countries or regions to identify the legal system that affects the development and construction of China’s public rental housing REITs.Obstacles,from the establishment of REITs special legislation,toimprove the relevant legal system of public rental REITs and supporting practical guidelines for public rental REITs and other points of view put forward appropriate legal advice.