Of the 45 units in the first phase of youth housing in Nantou County, 20 units are still unsold. Councilors urge a review before moving on to the second phase.

There are 45 units in the first phase of youth housing planned in Nantou County, and 20 units are still unsold. (File photo)

Nantou County’s first phase of youth housing has a planned total of 45 units, but 20 units are currently unsold. County Councilor Shen Suzheng pointed out at the regular parliamentary meeting that the county government cannot just passively wait for the announcement, but should thoroughly clarify the main reasons for the unsaleable housing. She emphasized that before the second phase of youth housing is launched, it is important to review the market response of the first phase, the profile of home buyers and the actual housing needs to check whether young people can afford it and ensure that the policy can truly help young people stay in their hometowns.

Shen Suzheng said that the county government's construction department specializes in public construction, so it is not surprising to encounter bottlenecks in real estate sales. However, if the second phase of construction is rashly promoted without a thorough review, the same mistakes may be repeated. She required the Construction Department to analyze the reasons for the unsold first phase before selling the second phase, and simultaneously grasp the age, workplace and original residence of the purchased households to strictly test whether the youth housing can truly play its role in helping young people return to their hometowns and stay in their hometowns.

Please read on...

In addition, in response to the price issue that is of concern to the outside world, Shen Suzheng pointed out that the current minimum total price of the first phase of youth housing is about 7.8 million yuan, which is still a heavy burden for most local youths. She called on the effectiveness of youth housing not only to see whether it is sold out, but also to examine whether young people can afford it and whether they can truly live and work in Nantou after moving in.

The County Government's Construction Department pointed out that youth housing is sold at about 20% off the market price. The main purpose of the planning is to encourage young people to stay in their hometowns for development. However, the sales situation is still affected by multiple factors such as the economy, loans, prices and housing markets. The county government will continue to announce the sale of unsold houses.

The first phase of youth housing in Nantou County has a minimum total price of about 7.8 million yuan. (File photo)

The first phase of youth housing in Nantou County is unsaleable, and Councilor Shen Suzheng called for a review before pushing forward the second phase. (Provided by Shen Suzheng)