Reborn as a Noble’s Son
Chapter 1063 - Chapter 1063 Chapter 1019 Highly Controversial

Chapter 1063: Chapter 1019: Highly Controversial Chapter 1063: Chapter 1019: Highly Controversial Inside the provincial committee meeting room, at this moment, although everything seemed as usual, with all the standing committee members of the provincial party committee either whispering in small groups or sitting alone in silent repose, the sensitive could still detect an eerie atmosphere pervading Hongjiang Province.

In the past two days, issues related to housing prices and real estate regulation had caused a major stir within the province. That such tumult could occur without the involvement of at least one of the standing committee members of the provincial party committee was something nobody was willing to believe.

The president-cum-editor-in-chief of both the “Hongjiang Metropolitan Daily” and the “Hongjiang Evening News” were no fools; they would not have published such sensitive material without the backing of an influential figure.

However, the subsequent series of actions taken by the provincial authorities were dizzying. The previously propagated fallacies were thoroughly refuted on the battlefield of public opinion, elevating the policies of macro-control to new heights–an unstoppable momentum was established. To disagree would be to directly oppose the central government, wouldn’t it? Wouldn’t that be asking for trouble?

Following that, the Propaganda Department began an internal campaign to rectify discipline, and with the cooperation of the Organization Department, the chief editors of the two implicated media outlets, “Hongjiang Metropolitan Daily” and “Hongjiang Evening News,” were replaced with astonishing swiftness.

On the surface, this seemed like a routine personnel adjustment, but who could truly be certain of what was happening behind the scenes?

At that moment, He Yusheng also had a stern and solemn expression on his face as he sat in his seat, lost in thought, without any discernible change in his demeanor.

Diagonally opposite, Qin Guanghan, the deputy secretary of the provincial committee, wore an equally grave expression as he looked at the notebook in front of him, which somewhat disheartened He Yusheng. Without Qin Guanghan’s support within the province, He Yusheng’s own days would be difficult. Likewise, Qin Guanghan’s days weren’t necessarily much better.

With a creak, the doors of the meeting room were pushed open, and Nie Zhenbang walked in with his hands behind his back. Without a tea cup. Without a notebook. This made He Yusheng frown. What did Nie Zhenbang mean by this? Was he planning to be brief? Not bringing a tea cup was an indication that Nie Zhenbang didn’t intend for the meeting to last very long.

He walked straight to his seat and sat down, looking around at everyone present, Nie Zhenbang said softly, “Let’s start the meeting.”

“Comrades, today, we’ve assembled everyone here on short notice primarily to discuss the issue of curbing the excessively fast rise in housing prices through the real estate regulation policy in Hongjiang Province. Consider this a discussion meeting. As for how to implement it, we will seek public opinion and carry out a series of investigations henceforth–feel free to speak your minds.”

Nie Zhenbang spoke with tact. First of all, he didn’t address the issue of implementation at all, but rather focused on how to manage the intensity of policy formulation. This indicated that the macro-control of real estate in Hongjiang Province was mandatory to implement. The questions of how and what kind of control to apply were subjects for today’s discussion.

As his voice faded away, Wen Baogui slowly began to speak, “Secretary Nie, allow me to throw out a brick to attract jade and say a few words first.”

Essentially, during a standing committee meeting–whether it was a temporary, routine, or special emergency session–the moderator had to be the party committee’s top leader. In speaking, the other leaders would always precede their remarks in this manner. This didn’t necessarily prove anything; it was mostly a formality, showing that the team was still upholding the authority of the party committee’s top leader.

Continuing, Wen Baogui scanned the others and added, “I believe that the regulation in Hongjiang Province should be in line with our current economic development. Presently, Hongjiang’s economy is underdeveloped, that is the reality, but this should not serve as an excuse to shirk from regulation.”

“After careful consideration, I believe that the regulation of Hongjiang’s real estate market should mainly start from four aspects. First, each city, including the provincial capital, should formulate corresponding purchase restriction policies according to the actual situation of the local area and the policies of the central government. Cities that meet the standards should implement such policies. For the purchase of second homes, there should be corresponding rules and regulations. We must strictly control a portion of illegal traders who buy up properties and drive up housing prices. Second, we should increase the construction of affordable housing. In real estate development, there should be corresponding proportions and regulations stipulating that with the development of a certain amount of commercial real estate, a corresponding proportion of affordable housing projects must start, thereby expanding the demand of the general public for low-priced housing. Third, control the issuance of land for property use, raise the threshold, and curb idle land. There is a clear regulation from higher authorities, jointly issued by the State Council and the Ministry of Land and Resources, stating that once land is acquired, development must commence within a year, and idle land is forbidden. Otherwise, the government has the right to reclaim it. This can prevent the problem of land being purchased but not developed and suppress the contradiction between supply and demand. Fourth, strengthen the supervision of real estate enterprises, strictly prohibit developers from maliciously hoarding properties, and strictly control malicious price hikes by developers, by establishing corresponding measures and strict penalties. With these four-pronged approaches, I believe that the regulation of Hongjiang’s real estate market can be easily achieved.”

No sooner had the words fallen than the minister of the United Front Work Department, Li Yihong, raised his hand high and said, “Secretary Nie, I have a different opinion.”

Li Yihong then glanced at Wen Baogui indifferently and continued, “Secretary Nie, leaders, regarding Governor Wen’s four policies, I think there is still room for deliberation. On the second point, I feel it is inappropriate. If the proportion of affordable housing is to be included in the responsibilities of commercial companies, it might scare away developers on the one hand, and on the other, it is a complex task for us to effectively supervise. How to effectively monitor is the question. Moreover, if the public sees affordable housing, will it create a psychological dependency? This would be a heavy blow to Hongjiang’s real estate. For example, in the third aspect, idle land use sometimes involves government departments. Just urban planning and construction permits, as well as fundraising, all take time. This could have negative repercussions. It might make people feel that the government is deliberately setting traps.”

Li Yihong rarely spoke up at the standing committee meetings. This time, being the first to speak out was somewhat unexpected for Nie Zhenbang. After all, at the end of the day, the ultimate issue was just one, regarding interests.

Clearly, the regulation of real estate cannot be denied as a heavy blow to the industry–especially in an economically undeveloped province like Hongjiang, where many real estate developers are local enterprises that cannot compare with big national companies in terms of capital and strength. These measures would be a heavy blow to these companies and could even lead to bankruptcy.

In the end, it touched upon the interests of some people. On this issue, many companies and leaders have intricate connections. It’s not just about shared loss and glory, but at least a very close relationship. If we really implement regulatory policies, to put it bluntly, it would be a disaster.

Following this, He Yusheng also spoke up, “Secretary Nie, I also think that we need to be cautious with regulatory policies. In light of Hongjiang’s current economic development, we must be prudent and not harm the foundation of the province’s pillar industries through the regulation of housing prices, nor dampen the enthusiasm of investors and developers.”

Naturally, He Yusheng then went on with a lengthy discussion. He cited examples of some provinces in the eastern coastal areas that have gradually developed through the exploitation of real estate to prove how foolish Hongjiang’s regulatory policies were and that this was not the right time for regulation. Even if done, it should merely be for show.

After He Yusheng finished speaking, Chen Le also began to speak.

Then, Yao Dingguo also expressed his opinion. Although Yao Dingguo was not too explicit, his intention still leaned toward not implementing regulation. Or rather, giving just a nod in that direction. Enough to appease those above.

Seeing all the standing committee members being mobilized and the assembly being divided into two factions–one side led by Wen Baogui, Chen Le, Xu Hongzhuan, Li Wei, and Wei Lin, who firmly supported their own views for macro-control of housing prices.

On the opposite side, Qin Guanghan, Yao Dingguo, He Yusheng, Li Yihong, Zhou Chuanjia, and others held a skeptical attitude, feeling that Hongjiang Province did not need such strong regulation at the moment. Meanwhile, Gong Zheng and Chen Dongliang maintained a neutral and indifferent stance.

It seemed the controversy was still quite significant. Nie Zhenbang sighed inwardly. In fact, the presence of such controversy was all too normal. After all, it involved a plethora of matters.

After a moment of pause, Nie Zhenbang coughed and said, “Having listened to everyone’s speeches, I empathize with you all. It appears that there is still significant controversy. However, fundamentally, we have come to a unified notion that the regulation of housing prices in Hongjiang is indeed necessary. Now, the main issue lies in the intensity of the regulatory policies, how to regulate, and by how much. These are the focal points of everyone’s debate. In that case, I don’t think there is any need to rush. We should widely solicit opinions from the public on these regulatory issues and listen to the voice of society. We cannot decide on our own behind closed doors, which would lead to a divergence from reality; such practice is unacceptable. I propose that the provincial government set up a leadership group for this purpose. Comrade Bao Gui, take on the arduous task of leading this group. Collect opinions extensively and conduct a thorough investigation. Pool the wisdom of the masses. Then we can formulate policies accordingly.”

As soon as Nie Zhenbang’s words were said, the expressions of He Yusheng and others changed, and He Yusheng felt a particularly annoyed sensation, feeling misled by Nie Zhenbang’s approach. Today’s meeting was not about reaching a clear conclusion; Nie Zhenbang had no intention of deliberating for a definitive result. The purpose of this meeting, for Nie Zhenbang, was just one–to ascertain the need for housing price regulation. Clearly, this goal had been achieved. (To be continued. If you like this work, you are welcome to vote for it with recommendation tickets and monthly tickets at . Your support is my greatest motivation.)

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